Bitcoin tests $63K as Saylor calls BTC digital energy

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Bitcoin network activity jumps 9% to over 660,000 active addresses

Rising active addresses may signal renewed interest in Bitcoin, potentially stabilizing miner revenue and influencing market dynamics positively. The post Bitcoin network activity jumps 9% to over 660,000 active addresses appeared first on Crypto Briefing.

Jul 5, 5:03 PM

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Citi Cuts Bitcoin Target To $82,000 As ETF Demand Weakens

Citi has lowered its 12-month Bitcoin and Ether forecasts after resetting its ETF inflow assumptions.

Jul 5, 5:00 PM

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Michael Saylor Says Bitcoin’s Four-Year Cycle Is Losing Power: What Matters More

Michael Saylor argues bitcoin’s four-year cycle is losing dominance as the crypto asset becomes embedded in global finance. He says halving-driven narratives are giving way to institutional capital flows that now shape demand and price direction. Why Is Saylor Moving Beyond the Four-Year Bitcoin Cycle? On July 5, Strategy Inc. (Nasdaq: MSTR) Executive Chairman Michael […]

Jul 5, 4:51 PM

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Bitcoin Miners Refuse to Sell While Active Holders Quietly Bleed 20%

Bitcoin miners hold the MPI below zero at -0.94 while active holders nurse a 20% average loss, and one CryptoQuant resistance line keeps capping every bounce. The number has barely moved in weeks. Minus 0.94, roughly, which is where the Miners’ Position Index has parked itself while Bitcoin churns near $63,000. CryptoQuant carried the reading […] The post Bitcoin Miners Refuse to Sell While Active Holders Quietly Bleed 20% appeared first on Live Bitcoin News.

Jul 5, 4:45 PM

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Bitcoin nears $63.5K into weekly close as trader warns of 'terrible' Monday

Bitcoin reached its highest levels in nearly a fortnight over the weekend, but BTC price action faced an "absolutely terrible" Monday track record.

Jul 5, 4:06 PM

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Glassnode Says Bitcoin Accumulation Is Building Under The Surface

Glassnode’s latest on-chain work suggests patient buyers are still absorbing Bitcoin despite the market’s weaker price action.

Jul 5, 3:50 PM

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South Africa proposes crypto tax guidance under existing rules

South Africa’s SARS seeks feedback on draft crypto tax guidance, treating trades, swaps and spending under current income and capital gains rules.

Jul 5, 2:24 PM

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Michael Saylor’s Orange Dot Bitcoin Chart Returns as Traders Watch for Strategy’s Next Buy

Michael Saylor posted a fresh orange dot bitcoin chart Sunday, putting attention back on whether Strategy will announce another bitcoin purchase. The post follows last week’s $2.55 billion reserve shield and bitcoin monetization plan. Saylor’s Orange Dot Chart Points Back to Strategy’s Bitcoin Stack On July 5, Strategy (Nasdaq: MSTR) Executive Chairman Michael Saylor posted […]

Jul 5, 1:47 PM