Mark Cuban rejects Bitcoin as hedge after selling 80%

Bitcoin continues to show resilience despite mounting bearish pressure below the critical $78,800 resistance zone. While short-term volatility and repeated rejections have slowed bullish momentum, the broader market structure still indicates an active uptrend, as buyers continue to defend key support levels and position for another potential rebound.  BTC Finds New Support Around The $77,000 Region In a recent market assessment, Ultimae highlights that while Bitcoin briefly dipped below the $78,700 support level, the $77,000 zone is currently functioning as the primary defensive floor. This transition suggests that the market is successfully absorbing the recent selling pressure, with $77,000 acting as a key technical pivot for bulls to stabilize the price. Related Reading: Bitcoin Struggles Below Resistance While Fibonacci Support Comes Into Focus Currently, market participants are closely monitoring the Exponential Moving Average (EMA) as a decisive technical indicator. The asset’s a

Cuban's Bitcoin sale highlights the need for investors to reassess crypto's reliability as a safe-haven asset amid geopolitical tensions. The post Mark Cuban sells most of his Bitcoin, cites hedge failures during Iran conflict appeared first on Crypto Briefing.

Data shows Bitcoin traders cutting short positions and going long despite concerning US macroeconomic data emerging. Is a rally toward $82,000 next?

Blockchain data firm Glassnode mapped the vulnerabilities embedded in Bitcoin’s existing supply, pointing to exchanges as a weak point.

Strive's aggressive Bitcoin acquisition strategy could significantly impact its financial stability, hinging on sustained investor interest in SATA. The post Strive sets weekly record by acquiring over 460 Bitcoin with SATA equity appeared first on Crypto Briefing.

Morgan Stanley's rapid Bitcoin accumulation signals growing institutional confidence in cryptocurrency as a mainstream investment asset. The post Morgan Stanley adds 83 Bitcoin as trust holdings climb to 3,472 BTC appeared first on Crypto Briefing.

The U.S. government's Bitcoin reserve strategy could drive institutional adoption, impacting global financial systems and market dynamics. The post White House aims for 5% Bitcoin reserve, boosting future price expectations appeared first on Crypto Briefing.

The $2B investment in quantum computing highlights the urgency of advancing cryptographic defenses, impacting national security and digital finance. The post US Department of Commerce invests $2B in quantum computing to counter Bitcoin threats appeared first on Crypto Briefing.