Bitcoin Approaches ‘Crucial’ Reversal Zone as $72K Gets Closer

The post Bitcoin aNUPL Snaps Back to Red – Was the Bullish Reclaim Already Dead? appeared on BitcoinEthereumNews.com. Bitcoin aNUPL flips back to red as the May recovery from $90K collapses. CryptoQuant data shows the bullish reclaim has failed, retesting mid-$70Ks. The relief rally did not hold. Bitcoin’s adjusted Net Unrealized Profit/Loss — a metric tracking the aggregate paper gains and losses of BTC holders — has flipped negative again, erasing a recovery that had barely weeks to breathe. On-chain data from CryptoQuant confirmed the reversal in real time. BTC ran toward $90K in May, pulling aNUPL briefly into positive territory. That move looked, for a moment, like the kind of regime change traders wait for. It wasn’t. The coin slid back into the mid-$70Ks and aNUPL followed it down. Source: CryptoQuant  Why the Green-to-Red Flip Hits Harder Than a Simple Drop Green-to-red transitions are a specific kind of market stress. Investors who just returned to profit — many of them newer

The post Expert Says Bitcoin Miners Are Expanding Beyond Mining Into Energy Infrastructure – Bitcoin News appeared on BitcoinEthereumNews.com. Key Takeaways Bitcoin difficulty rose 1.72% on May 29 as hashrate topped 1.02 ZH/s. Hashrate Index data shows hashprice fell 13.56% from the month’s high, squeezing miner margins in May. Renewablox Co-CEO sees bitcoin mining evolving beyond hashpower as the June 12 difficulty epoch nears. Bitcoin Difficulty Nears 139 Trillion and Sees Industry Transformation Bitcoin’s price spent the past seven days pacing between $72,800 and $77,700, according to market data. Those price levels have tightened the screws on mining profitability, weighing on bitcoin mining revenue, or the value generated by 1 petahash per second (PH/s) of computing power per day, a metric better known throughout the industry as hashprice. As of this weekend, hashprice sits at $33.71 per PH/s per day, meaning miners are earning 4.99% less than they were 30 days ago, according to h

Bitcoin’s return to $100,000 is still a popular target across the market for 2026, but one bearish outlook argues that the move is becoming less realistic with the price action weakening below the $80,000 price level. This bearish outlook came from a crypto analyst known as Alex Mason on the social media platform X, who predicted that Bitcoin will not hit the $100,000 price level again this year because its price action is in a controlled trap inside an ascending channel. Related Reading: Unknown Wallet Destroys $8.5 Million In Bitcoin In Shocking Burn Bitcoin’s Ascending Channel May Have Been A Trap Bitcoin has not traded above $100,000 in 2026 and with the calendar now almost in the middle of the year, the time frame for a recovery above six figures is shrinking fast. The price action over the past two months has instead been defined by an ascending channel, with Bitcoin forming gradual higher highs and higher lows from its February low just above $60,000. The upper boundary has acte

The post CFTC Backs Crypto Perpetual Contracts, Issues Advisory on 24/7 Trading appeared on BitcoinEthereumNews.com. The US Commodity Futures Trading Commission (CFTC) took positions on cryptocurrency perpetual futures contracts and how the industry may be more suited for “24/7 trading, clearing, and settlement.” In a Friday notice, the CFTC said it had approved perpetual futures contracts tied to the spot price of Bitcoin for prediction markets platform Kalshi. The company announced at about the same time that it would launch the perpetual futures contracts on its platform in a move closer to a derivatives exchange. “​​The Order was based on representations and submissions made by Kalshi in support of its request for Commission approval, including its explanation and analysis of the BTCPERP Contract’s terms and conditions, the nature of the underlying commodity market, and the BTCPERP Contract’s compliance with applicable provisions of the Commodity Exchange Act and the Commission’s r

The post Wall Street’s trillion-dollar dilemma: Why AI-powered hackers are keeping big banks off the blockchain appeared on BitcoinEthereumNews.com. Traditional financial institutions are preparing to move trillions of dollars of assets onchain, but the risk of hacks and exploits is putting them off, according to blockchain security firm CertiK’s CEO Ronghui Gu. “Right now, more and more institutions are trying to move assets onchain,” Gu told CoinDesk in an interview. “They imagine that, let’s say in 10 years, multiple trillion dollars — even tens of trillions of dollars — of assets are going to move onchain.” The potentially massive migration of financial assets is hitting a wall because, although bankers and legacy institutions want to capture the efficiency of decentralized ledgers, the current operational reality is still too risky for conservative capital allocators. “When they move assets onchain, they need to face all these AI attacks, smart contract vulnerabilities, oracle man

Robert Kiyosaki warned that bitcoin buyers can lose money when hype drives investment decisions. He urged investors to track cash flows, weigh risk, and avoid treating BTC, gold, or silver as automatic protection. Robert Kiyosaki Says Bitcoin Buyers Still Need Discipline Robert Kiyosaki warned that bitcoin can produce losses when investors buy on hype instead […]

Bitcoin is attempting to stabilize after a sharp pullback, but uncertainty remains the dominant market force. While key support levels are still holding and leaving room for a recovery rally, bearish signals remain present, raising the possibility that any short-term bounce could turn into a bull trap.  Retesting Key Rising Channel Support  According to Bitcoin Meraklısı, recent market volatility has forced Bitcoin to retreat to the rising trend channel that has defined its structure since February. This is a critical technical juncture, as the asset is currently testing this support line. For the moment, the defense remains successful, and Bitcoin continues to hold within the channel, suggesting that the structural integrity of the uptrend is still intact. Related Reading: Bitcoin At A Crossroads: Two Key Levels Will Define BTC’s Next Major Move, Analyst Says As long as this support level remains unbroken, there is no immediate cause for concern with the outlook. The primary objective

While Bitcoin is hovering around $73,000, a crypto trader says the current setup is “different from the previous breakdown in February.”