Bitcoin is holding above $80,000 after weeks of bullish price action that has carried it significantly above the lows that defined the worst of the February and March correction. The recovery has been sustained and the price is constructive — but an Arab Chain report has identified a shift in miner behavior that adds a […]
The post Bitcoin (BTC) Struggles at $80K as April CPI Surges to Three-Year Peak appeared on BitcoinEthereumNews.com.
Key Highlights April’s US CPI climbed to 3.8% annually, marking the steepest increase since May 2023 Surging energy prices contributed over 40% of April’s monthly inflation gain BTC maintained support around $80,000 while facing rejection at the $82,000–$82,600 zone The 200-day simple moving average near $82,600 serves as a critical barrier for bullish momentum Bitcoin ETFs recorded net outflows while the Coinbase Premium Index remained in negative territory Bitcoin maintained its position near the $80,000 mark on Tuesday following the release of April’s US Consumer Price Index, which registered 3.8% on a year-over-year basis. This represents the most elevated inflation reading since May 2023. Bitcoin (BTC) Price The month-over-month figure came in at 0.6%, aligning with analyst expectations. Meanwhile, the core CPI metric—which excludes volatile food and energy componen
The post Strategy adds 535 BTC – Still ‘buying the dip’ or something else entirely? appeared on BitcoinEthereumNews.com.
Michael Saylor’s Strategy is in the news now after it accumulated an additional 535 BTC for $43 million. The new purchase happened at an average price of $80,340 per Bitcoin [BTC]. Thanks to this purchase, the total holdings of the largest Bitcoin digital asset treasuries (DATs) have reached 818,869 BTC – Worth $66.2 billion. Source: BitcoinTreasuries.NET Strategy’s latest addition The firm also reported that it has achieved a BTC yield of 9.4% so far in 2026. This figure is not based on the performance of the Bitcoin market, but rather on the growth in shareholders’ exposure to Bitcoin per share. According to the figure, Strategy has effectively increased its Bitcoin holdings despite capital raise dilution. The average price of the total 818,869 BTC was $75,540. This occurred at a time when Bitcoin was trading at $80,791.33, following a slight decline over the prev
The post Former Crypto CEO Apologizes To Investors As $328M Fraud Claims Surface appeared on BitcoinEthereumNews.com.
Former Crypto CEO Apologizes To Investors As $328M Fraud Claims Surface | Bitcoinist.com
Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Christian, a journalist and editor with leadership roles in Philippine and Canadian media, is fueled by his love for writing and cryptocurrency. Off-screen, he’s a cook and cinephile who’s constantly intrigued by the size of the universe. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/former-crypto-ceo-apologizes-to-investors-as-328m-fraud-claims-surface/
A Florida man accused of running a nearly three-year crypto investment scheme is speaking out — and saying sorry. Related Reading: Bitcoin Treasury Race Heats Up As Capital B Secures $18 Million Christopher Delgado, former CEO of Goliath Ventures, sat down for a televised interview this week to apologize to the people who lost money […]
The post Bitcoin Defies Inflation Woes, Returns to Uptrend appeared on BitcoinEthereumNews.com.
Bitcoin demonstrated resilience amidst economic pressures, swiftly rebounding after a temporary dip sparked by high US inflation data. After the Consumer Price Index indicated a 3.8% year-over-year increase, Bitcoin briefly dropped to $79,879 but recovered to $81,208 the next day. Continue Reading:Bitcoin Defies Inflation Woes, Returns to Uptrend Source: https://en.bitcoinhaber.net/bitcoin-defies-inflation-woes-returns-to-uptrend
Eight Satoshi-era wallets moved 10,000 Bitcoin each in July last year, triggering waves of speculation across crypto markets. Now, another old wallet has come back to life — and traders are watching closely. Related Reading: Swiss Bitcoin Reserve Effort Withdrawn After Resistance From Central Bank A Long Wait Ends On Sunday, a Bitcoin address that had not seen any activity since November 2013 suddenly moved its entire holdings to a new wallet. Blockchain tracking service Whale Alert detected the transfer at around 19:16 UTC. The coins, worth roughly $40 billion at current prices, had been sitting untouched for more than a decade. Back when they were first acquired, Bitcoin traded at a fraction of what it does today. The sending address — 1KAA8GGhVjjUjVTz1HKAjCyGN…. — transferred the funds to bc1qm6m6d33d02edr0k8yj9jgt027zl6d….. No one has publicly claimed ownership of the original wallet. No explanation for the move has been offered either. 💤 💤 💤 💤 💤 A dormant address containing 5
Geopolitical tensions and energy disruptions may drive investors towards Bitcoin and silver as inflation hedges, impacting global markets.
The post Strait of Hormuz closure boosts Bitcoin, silver appeal amid inflation fears appeared first on Crypto Briefing.
Hayes said military spending and the prioritization of AI infrastructure over US Treasurys and equities will lead to further fiat printing and benefit crypto.
