Tag: Bitcoin

Bitcoin Price Rangebound After Surge — Breakout Momentum Building?

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Bitcoin price started a strong increase and traded above the $75,500 zone. BTC is now consolidating and might aim for more gains if it clears $76,000. Bitcoin started a decent upward move above the $75,000 zone. The price is trading above $73,500 and the 100 hourly simple moving average. There is a bullish trend line forming with support at $72,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to rise if it clears the $75,000 and $76,000 levels. Bitcoin Price Starts Consolidation…

Bitcoin Coils Below Six-Week Highs as Gold Stays Vulnerable at $5,000

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Bitcoin consolidated recent gains in the face of blanket skepticism over its rebound, while gold threatened to give up $5,000 support. Bitcoin (BTC) circled $74,000 after Tuesday’s Wall Street open as skepticism increased over BTC price strength. Key points: Bitcoin stalls after a trip to $76,000, with short-term targets including a retreat to $68,000. Traders stand by the long-term bear market thesis for BTC/USD. Gold continues to show weakness, risking the loss of $5,000 per ounce support. Trader warns against “hyping up” BTC price move Data from TradingView showed cooling…

Maestro Debuts Bitcoin Credit Market for Institutional BTC Mining Yield

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Bitcoin infrastructure provider Maestro has launched a Bitcoin-denominated credit market backed by mining economics, aiming to give institutions a new way to earn yield on idle Bitcoin while expanding financing options for miners. Maestro said Mezzamine went live with its first program in partnership with mining-as-a-service provider Sazmining. According to a Tuesday announcement shared with Cointelegraph, the program is designed to let institutional Bitcoin (BTC) holders deploy BTC into mining-backed credit facilities targeting an annual yield of 8% to 9%. The offering is designed to connect miners seeking capital with…

Bitcoin Adoption Metrics Say One Thing, Price Action Says Another

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Key takeaways Bitcoin’s price reflects short-term marginal buying and selling, while adoption reflects long-term structural shifts. Ownership expansion, institutional integration and merchant growth can accelerate even when the market price remains flat or declines. In 2025, Bitcoin expanded significantly across institutions, banks, corporations, merchants and sovereign entities. These shifts represent deeper entrenchment within global financial systems, even as headline price performance appeared underwhelming. Institutions accumulated substantial amounts of Bitcoin, but much of this demand was offset by distribution from long-term holders. As supply changes hands between cohorts, price may consolidate…

Bitcoin Bulls Risk Getting Trapped at Six-Week Highs

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Bitcoin (BTC) risks turning its rebound into a classic “bull trap” as the price rejects at strong resistance. Key points: Bitcoin faces flat Coinbase spot demand and an open interest divergence as prices rise above $75,000. This risks ending the rebound due to structural weakness, analysis warns. Any push higher toward $80,000 will be “challenging.” BTC market lacks “spot buying support” New research from onchain analytics platform CryptoQuant released on Tuesday warns that the recent BTC price rebound may collapse. “The Bitcoin market is currently exposing a critical structural vulnerability…

Bitcoin Bollinger Bands Setting Up BTC Price for “Powerful Move”

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Bitcoin (BTC) could see further upside volatility as several technical and onchain indicators suggested the BTC price was due for a “powerful“ upward breakout. Key takeaways: Bitcoin’s Bollinger Bands indicator hints at major volatility ahead. BTC’s symmetrical triangle breakout targets $84,500. Heavy BTC accumulation by investors around $83,900-$85,200 could stop bulls. Bitcoin Bollinger Bands point at “strong” breakout Bollinger Bands, a technical indicator used by traders to assess price momentum and volatility within a certain range, have reached their tightest point ever on the monthly time frame, signaling that volatility…

Do Bitcoin Halvings Matter Anymore If Strategy’s STRC Exists?

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Michael Saylor’s Strategy is using its preferred stock, STRC, to buy Bitcoin (BTC) at an accelerating pace. But can this create a more powerful supply shock than the halving? Key takeaway: Strategy raised $1.18 billion via MSTR shares to fund Bitcoin purchases last week. Bitcoin’s next cycle may be driven less by the halving calendar and more by large-scale corporate accumulation. Strategy outpacing new Bitcoin mined seven times In the week ending March 15, Strategy bought 22,337 BTC, funded partly by about $1.18 billion from STRC sales. That is equivalent…

UK Man Accuses Wife of Stealing 2,323 Bitcoin After Filming Seed Phrase

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A UK resident has accused his estranged wife of stealing 2,323 Bitcoin from his Trezor hardware wallet in 2023, alleging she used a security camera to capture his seed phrase and access codes.  In a court judgment by Justice Cotter, filed in the UK’s High Court of Justice last Tuesday, lawyers acting for the claimant, Ping Fai Yuen, alleged that his wife, Fun Yung Li and her sister covertly recorded him to obtain his seed phrase and transfer out $176 million in Bitcoin (BTC) to 71 different addresses. After allegedly…

Bitcoin briefly touches $76,000 ahead of key economic decisions this week

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Bitcoin climbed as high as $76,000 on Binance on Monday, with investors piling into digital assets ahead of a pivotal stretch of global macro events, including US inflation data, the Federal Reserve’s updated “dot plot,” and a policy decision from the Bank of Japan. The largest digital asset was trading at around $75,157 at press time, its highest level since early February, after reclaiming the $74,000 level earlier in the day. Gains were spread across several major tokens. In the last 24 hours, Ethereum jumped about 17%, while privacy-focused token…

Bitcoin Price Rally Roars On — $76K Level Falls to Bulls

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Bitcoin price started a strong increase above the $75,000 zone. BTC is now consolidating and might aim for more gains if it clears $76,000. Bitcoin started a decent upward move above the $74,000 zone. The price is trading above $74,200 and the 100 hourly simple moving average. There is a bullish trend line forming with support at $71,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to rise if it clears the $75,500 and $76,000 levels. Bitcoin Price Extends Rally Bitcoin price…