Cointelegraph·
Bitcoin risked turning $60,000 into resistance as BTC price weakness persisted following another tech-driven sell-off in Asian stock markets.
Read full articleThe ETF's surge highlights the potential for high returns in Bitcoin mining equities, but also underscores the sector's inherent volatility and risks. The post CoinShares Valkyrie Bitcoin Miners ETF surges 52% in one week appeared first on Crypto Briefing.
Stratum V2's adoption could decentralize Bitcoin mining, reducing censorship risks by empowering individual miners over centralized pools. The post Demand Pool mines first Stratum V2 block, marking historic milestone for Bitcoin mining decentralization appeared first on Crypto Briefing.
The disruption in oil transit highlights the strategic shift towards decentralized finance, challenging traditional economic sanctions. The post 80 mines in the Strait of Hormuz are reshaping oil markets and pushing Iran toward Bitcoin appeared first on Crypto Briefing.
CryptoQuant urged Strategy to pause Bitcoin buying as dividend coverage shrank. Meanwhile, CBOE eyes crypto perpetual futures and Chainlink joins a stablecoin FX project.
Bitcoin rebounds toward $61K as CryptoQuant CEO Ki Young Ju says BTC has not confirmed a cycle bottom yet. Bitcoin recovered toward the $61,000 region after setting new local lows, giving traders another relief bounce after a sweep of sell-side liquidity. The move followed heavy downside pressure earlier in the week, with BTC attempting to […] The post Bitcoin Isn’t Near Bottom Yet, Warns CryptoQuant’s CEO: BTC Price Analysis appeared first on Live Bitcoin News.
Bitcoin slipped below $59,000 after May PCE inflation came in at 4.1% year-over-year, with market data pointing to liquidations and ETF-flow pressure.
Strategy’s flagship preferred stock tumbled again when U.S. markets opened, setting another record low as Bitcoin lingered below $60,000.
It was another paiful weeks for the crypto bulls but the worst might still not be over.
