Bitcoin News / Bitcoinist - 3 months ago
Quick Facts: Peter Brandt’s warning of a Bitcoin drop to $42,000 suggests a potential major correction driven by “campaign selling” and buyer exhaustion. A 50% drawdown in $BTC would likely trigger a capital rotation into utility-driv...
Bitcoin News / Google News Bitcoin - 3 months ago
Why crypto is getting ‘Trumped’ as Bitcoin price plunges to $60,000, forecasts Bloomberg analyst& & dlnews.com
Cryptocoins News / The Cointelegraph - 3 months ago
Net weekly outflows from Bitcoin ETFs reached $690 million as BTC briefly touched $60,000, reigniting analyst criticism over “paper Bitcoin” and scarcity.Bitcoin exchange-traded funds (ETFs) continued to see outflows on Thursday, shedding almost $1 b...
Cryptocoins News / The Cointelegraph - 3 months ago
Metaplanet CEO Simon Gerovich is sticking with the company’s Bitcoin accumulation plan despite a brutal drawdown in both its stock and the wider crypto market.Metaplanet’s CEO Simon Gerovich doubled down on the company’s Bitcoin-first strategy as the...
Bitcoin News / Bitcoin.com - 3 months ago
Several local mining experts agree that there is sufficient gas in the country to establish a mobile fleet of bitcoin miners directly adjacent to oil extraction operations. Estimates set the gas lost to flaring operations in the country at 13,000 cub...
Cryptocoins News / The Cointelegraph - 3 months ago
Santiment says the pattern of large holders selling while retail scoops up Bitcoin is “what historically creates bear cycles.”Large Bitcoin holders are now controlling the smallest share of the cryptocurrency’s supply since late May, when it first re...