Connex’s June 15 Cliff: A Small-Cap Infrastructure Token Meets a Weak Tape

BTC has transitioned out of the accumulation phase that drove its rally earlier this year and entered a distribution regime driven by ETF outflows and macroeconomic conditions.

Bitcoin treasury companies are piling on debt at record rates to fund their BTC buying, Capriole Investments founder Charles Edwards warned, reviving a year-old call that the model rests on unsustainable “fake yield.” A Year-Old Warning Resurfaces Bitcoin treasury companies are taking on debt at record rates to fund their bitcoin purchases, Capriole Investments founder […]

Grayscale has weighed in on whether bitcoin is cheap after BTC’s recent decline below $60,000. The firm points investors to two key factors that could determine whether the market has found a bottom. Bitcoin Valuation Metrics Suggest BTC May Be Undervalued Bitcoin’s recent drop to a new cycle low below $60,000 has sparked a key […]

Bitcoin remained under pressure near $61,750 as analysts warned that the upcoming SpaceX IPO could divert capital away from the crypto market at a time when ETF outflows and weak sentiment are already weighing on the market. According to market…

As Bitcoin (BTC) hovers near its lowest levels since late 2024, a market observer suggests the flagship crypto may not have finished bottoming yet, with more downside potentially ahead. Related Reading: XRP Sees Intense Capitulation As Realized Profit-To-Loss Ratio Plunges BTC’s Historical Data Points To Longer Correction On Wednesday, analyst Rekt Capital compared Bitcoin’s current price action to its performance in previous cycles to determine how close the leading crypto’s market bottom may be. In a video analysis on X, the market watcher explained that BTC’s deviations from previous all-time highs (ATHs) could serve as key reference points for this assessment. Notably, Bitcoin bottomed 22% from the 2017 peak during the last cycle’s correction. Now, it is trading roughly 14% below the 2021 peak of $69,000, which could suggest the bottom may be approaching. However, the analyst affirmed that this metric alone “doesn’t represent the mosaic of data that we need to be paying attention t

Across prediction markets, on-chain dashboards, and sentiment trackers, a clear majority of Bitcoin investors have positioned themselves for further downside.  Although Bitcoin has since recovered above $60,000, the recent crash below the level over the weekend has led many crypto traders to believe that there’s going to be another crash to the final bottom. According […]

Cango's strategic shift towards AI and mining efficiency highlights a broader trend of diversification in crypto firms, impacting investor focus. The post Cango increases Bitcoin holdings by 7.65 BTC to 1,065 BTC after selling thousands earlier this year appeared first on Crypto Briefing.