Ethereum Triangle Breakdown Adds Pressure On Its Recovery Outlook

The crackdown on illegal Bitcoin mining in Thailand highlights the urgent need for enhanced regulatory measures to protect energy resources and infrastructure. The post Thai authorities bust illegal Bitcoin mining ring, seize equipment worth thousands appeared first on Crypto Briefing.

Blockchain tracking firm Arkham Intelligence has labeled a set of suspicious wallets as “THORChain Exploiter” addresses, with one Bitcoin-linked wallet holding close to 36.85 BTC — worth roughly $3 million — and a separate Ethereum wallet carrying around 216 ETH. The funds are sitting there, visible on-chain, linked to two addresses that security researchers have […]

The post Italian Banking Giant Dives Deeper Into Crypto Waters appeared on BitcoinEthereumNews.com. Intesa Sanpaolo, one of Europe’s major banking players, has surpassed the $200 million mark in cryptocurrency-related holdings by the first quarter of 2026. The bank, headquartered in Italy, has undertaken significant investments in Bitcoin and its associated financial instruments, marking its position as a leading participant from the traditional banking sector in the burgeoning crypto […] Continue Reading:Italian Banking Giant Dives Deeper Into Crypto Waters Source: https://en.bitcoinhaber.net/italian-banking-giant-dives-deeper-into-crypto-waters

Following Bitcoin’s (BTC) price bounce above $82,000 and a subsequent rejection, the cryptocurrency has been in a major decline, with a market analyst now calling for a fresh bottom. He described the latest rebound as another bull trap in BTC’s broader bearish structure. As a result, the analyst now predicts that the flagship cryptocurrency will […]

The post Bitcoin Struggles Below Resistance While Fibonacci Support Comes Into Focus appeared on BitcoinEthereumNews.com. Bitcoin continues to face strong resistance as bulls struggle to reclaim higher price levels and restore upward momentum. With the market failing to break key resistance zones, attention is now shifting toward major Fibonacci support areas, where buyers could attempt to stabilize the current decline and prevent a deeper correction.  Recovery Hopes Fade Unless Resistance Levels Break  After failing to break above the $82,885 resistance peak, Bitcoin is experiencing selling pressure. According to crypto analyst Kamile Uray, the 4-hour chart still points to ongoing downside risk, with price action likely to remain weak as long as Bitcoin trades below the critical $78,203 level. Uray explained that if BTC remains under $78,203, the decline could continue toward the $74,929 region, where buyers may attempt to step in and slow the downward momentum. However, failure to ge

Bitcoin continues to face strong resistance as bulls struggle to reclaim higher price levels and restore upward momentum. With the market failing to break key resistance zones, attention is now shifting toward major Fibonacci support areas, where buyers could attempt to stabilize the current decline and prevent a deeper correction.  Recovery Hopes Fade Unless Resistance Levels Break  After failing to break above the $82,885 resistance peak, Bitcoin is experiencing selling pressure. According to crypto analyst Kamile Uray, the 4-hour chart still points to ongoing downside risk, with price action likely to remain weak as long as Bitcoin trades below the critical $78,203 level. Related Reading: Why Bitcoin Still Needs Massive Capital Inflows To Ignite True Bull Run Uray explained that if BTC remains under $78,203, the decline could continue toward the $74,929 region, where buyers may attempt to step in and slow the downward momentum. However, failure to generate a meaningful recovery from

The post Bitcoin HODLers stay bullish despite breakdown below $80K – What now? appeared on BitcoinEthereumNews.com. Bitcoin has continued to struggle, with the asset recently dropping below the $80,000 support level it had consolidated around for at least 12 days. Structural signals are building to support a bullish outlook on the chart, but liquidation risk in the perpetual market is throwing up meaningful short-term headwinds that traders cannot dismiss. HODLers hit a 14-month high Long-term holders, the group of investors known to hold Bitcoin [BTC] for at least 155 days without selling, could prove central to Bitcoin’s performance from this point. The Bitcoin HODL Bank, which measures the unrealized profit level among Bitcoin holders, has reached a 14-month high at the time of writing. This means holders are increasingly locked into their positions and selling minimally. Source: Alphractal That is not all. Historically, surges to this level have reflected strong bullish conviction

The post Strategy Targets $1.5B Note Buyback as Bitcoin Sinks Below $78K appeared on BitcoinEthereumNews.com. Bitcoin News Strategy, the largest corporate Bitcoin treasury holder, said on Friday that it will repurchase roughly $1.5 billion of its zero-coupon 2029 convertible notes, retiring about half of that tranche’s outstanding debt. According to a fresh filing with the Securities and Exchange Commission, the company entered into privately negotiated transactions with select noteholders, agreeing to buy back the paper for an estimated $1.38 billion. Strategy said it expects to fund the repurchases through existing cash reserves, proceeds from its at-the-market equity offering, or selective Bitcoin sales. The settlement is scheduled for the week after publication, though the firm cautioned the final figure could shift with market conditions. The buyback dovetails with co-founder Michael Saylor’s broader plan to equitize most of the convertible debt stack over the next three to six ye