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Bitcoin’s price performance in the last week saw a slowdown to the asset’s relief rally that began in early April. According to data from CoinMarketCap, the market price declined by 1.45% in a range-bound week, during which bulls failed to overcome a key resistance level at $82,000. Notably, the current market status has led to polarized analysis: some analysts view this opposition as a pause in a recovering market, while others are more pessimistic, predicting another major downswing, perhaps to the actual market bottom. Related Reading: Bitcoin Cannot Clear $82K – Analyst Explains How Traders Are Using Every Rally to Exit Bitcoin’s Fate In Another Potential Correction In an X post on May 15, pseudonymous seasoned analyst Titan of Crypto (@washigorira) shares an insight into Bitcoin’s market direction using the Bitcoin Power Law model V2.0, i.e., a long-term pricing model that suggests BTC’s price follows a predictable growth trend when plotted on a logarithmic scale. As seen below, t
Read full articleThe entire crypto market opened the week on a turbulent note, with Bitcoin (BTC) giving back about 6% over the past seven days. Even with the broader market’s pullback, Hyperliquid’s native token, HYPE, stood out from the competition. HYPE Jumps On Bitwise’s 10% Fee-To-Token Plan One of the key drivers behind the altcoin’s Monday strength […]
BTC’s slide toward $76,000 pushed bitcoin sentiment into bearish territory, according to Santiment. The firm said retail pessimism hit its weakest level in nearly four weeks, a setup it views as supportive for a potential rebound. Bitcoin Sentiment Ratio Turns Bearish After BTC Slide Bitcoin traded near $77,000 around 5:36 p.m. after briefly dipping toward […]
Bitcoin positions itself for a rally above $80,000 after Strategy's $2 billion BTC buy, crumbling investor confidence in the US Treasury and a potential US-Iran deal.
After approaching $40 per petahash per second (PH/s) in hashprice terms, bitcoin’s latest price decline triggered a pullback in hashprice, reducing mining profitability since May 14. Conditions tightened further the next day when the difficulty adjustment arrived, pushing mining difficulty 3.12% higher than the previous epoch. Bitcoin Petahash Value Slides to $35 as Mining Difficulty […]
Hosting revenue outpaced mining as new capacity came online, highlighting Soluna’s shift toward data centers for AI and high-performance computing.
SpaceX Bitcoin holdings stand at $637m, on-chain data shows, making it the fourth largest known corporate holder. SpaceX holds 8,285 BTC worth approximately $637 million in Coinbase Prime custody, according to on-chain data from Arkham Intelligence as analyzed by Finbold…
HIVE Digital is pivoting from Bitcoin mining to a CAD 3.5b, 320 MW Toronto AI “super factory” hosting 100,000+ GPUs, sending its stock up over 35% on the news. HIVE Digital Technologies, long known as a Bitcoin (BTC) mining company,…
Both Bitcoin and Ethereum face a quantum computing threat, but Citi says the gap between them comes down to governance, not just technology.
