Bitcoin Hits $70K After Losing Key Cost Basis Zone as Analysts Warn of Deeper Drawdown

Mt. Gox has transferred 10,422 BTC worth about $739 million in its first on-chain bitcoin movement since March, raising concerns among market watchers. Arkham Intelligence data shows the defunct exchange moved 10,306 BTC, valued at roughly $730.8 million, from its…

The S&P 500 climbed 0.26% to a record close of 7,599.96, opening the month with fresh all-time highs across major U.S. indexes, even as bitcoin slipped and trailed the equity rally. Tech Leads Indexes to Fresh Records U.S. equities began June on a solid note, as the S&P 500 rose 0.26% to close at an […]

Mt. Gox has transferd over $700 million worth of BTC to a new wallet. What could it mean?

This significant transfer may impact Bitcoin market dynamics, influencing investor sentiment and potentially affecting cryptocurrency prices. The post Mt. Gox transfers $731M in Bitcoin to new wallet as market eyes $70K support appeared first on Crypto Briefing.

A Polymarket trader argues that the rules for MicroStrategy's Bitcoin sale event were intentionally changed after the fact.

Santiment says that “the gap between traditional equities and crypto has become increasingly difficult for traders to ignore.”

Bitcoin treasury company Strategy has made its first BTC sale since 2022, putting an end to a 3.5-year phase of only accumulation. Strategy Just Sold Bitcoin Worth $2.5 Million According to an 8-K filing with the US Securities and Exchange Commission (SEC), Strategy just made a Bitcoin sale. The amount involved in the transaction was […]