Bitcoin | Crypto

Bitcoin has entered its most painful phase, and the BlackRock ETF launch region remains crucial, according to new data.

Bitcoin is down about 50% from its peak, but Wall Street researchers argue the selloff reflects a maturing asset, not a dying one.

Record-low Bitcoin RSI readings and whale accumulation highlight a generational buying opportunity, even as analysts still expect BTC to fall below $60,000. Bitcoin's (BTC) lowest-ever readings on the daily and two-week relative strength index (RSI) are coinciding with steady accumulation across several investor cohorts, strengthening what one analyst called the "best thesis" for buying BTC.  Onchain data shows wallets holding 1,000–10,000 BTC added more than 53,000 BTC over the past 60 days, while smaller retail investors also increased their holdings.  MN Capital founder Michael van de Poppe highlighted Bitcoin's historically weak momentum readings as a potential long-term opportunity. Read more

A June 5 court stay and a June 2 spend turned the Noah Doe case into a test of legal title versus private-key control. The post A $239B claim on dormant Bitcoin wallets faces a new obstacle after old address moves appeared first on CryptoSlate.

Bitcoin analysis warned that $60,000 may not hold next, as bear-market moves continued and macro hurdles multiplied. Bitcoin (BTC) approached intraday highs ahead of Monday’s Wall Street open, with $60,000 holding as key support. Key points: Read more

Bitcoin flashes only its second weekly bullish divergence on record, a signal that previously preceded a 755% BTC price rally. Bitcoin (BTC) is showing a rare divergence between its falling prices and rising momentum, a setup that last appeared around the FTX-era market bottom. Key takeaways: As of Monday, BTC's weekly relative strength index (RSI) was over 34, almost two weeks after slipping under the oversold threshold of 30. In the same period, the price dropped to around $63,000 from $75,770. Read more

Strategy Bitcoin buying spree is back after a brutal week, and Tom Lee’s BitMine mirrored the aggression. Is bull run coming back? The post Strategy Bought more Bitcoin as Tom Lee Scooped more ETH in the Bloodbath Aftermath: Bull Run Making a Comeback? appeared first on Cryptonews.

Strategy resumed Bitcoin buying by purchasing 1,550 BTC for $101.3 million, bringing its total holdings to 845,256 BTC after last week’s controversial sale. [Update 18:15 UTC June 8: Adds outcome of Strategy shareholder vote on change in preferred stock dividend payments in sixth paragraph.] Strategy purchased 1,550 Bitcoin for approximately $101.3 million last week, bringing its total holdings to 845,256 BTC. The company paid an average price of $65,332 per Bitcoin for the purchase, according to a Monday 8-K filing with the US Securities and Exchange Commission. Strategy's aggregate Bitcoin holdings were acquired at an average price of $75,680 per BTC, for a total cost of about $63.97 billion. Read more

Bitcoin traders warned that it should be Q3 at least before the real BTC price bear market bottom entered. Bitcoin (BTC) starts the second week of June with damage control — and new macro lows are still expected this year. Bitcoin saw modest relief around its latest weekly close, data from TradingView shows, but among traders, the lack of major good news is conspicuous. Read more

Man in eastern China who stole 107 Bitcoin using a memorized seed phrase gets 10 years and nine months behind bars. A court in the eastern Chinese city of Qingdao sentenced a man to 10 years and nine months in prison for stealing 107 Bitcoin after memorizing most of a victim’s 12-word wallet seed phrase. The Licang District People's Court sentenced the perpetrator, identified as Zhang, to prison and fined him 100,000 yuan (about $14,700) after finding he took control of the victim’s wallet and later cashed out more than $97,000, according to the case summary published by the Supreme People’s Procuratorate’s official WeChat account. Feng asked Zhang, an acquaintance who had previously helped with Bitcoin transactions, to assist in cashing out 117 Bitcoin in July 2023. While Feng wrote down the wallet’s 12-word recovery phrase during setup, Zhang memorized 11 of them and later reconstructed the final word to transfer 107 Bitcoin. Read more

Bitcoin is holding above $63,000 after rallying on Sunday. The price is now hovering near a key 200-week moving average that often marks major cycle turning points.

Bitcoin's brief weekend rally lost its footing as a sudden resumption of military hostilities between Israel and Iran triggered a broad rotation away from risk-on investments. The geopolitical escalation, which defied explicit diplomatic pressure from Washington, sent global energy benchmarks surging and equity markets lower, leaving BTC to defend a highly fragile $60,000 baseline. Data […] The post Bitcoin price rebound wobbles as Israel defies Trump and hits Iran, sending oil back toward $100 appeared first on CryptoSlate.

Morgan Stanley announced on June 5 that eligible wealth management clients can now lend Bitcoin, Ethereum, or Solana to Galaxy Digital and receive shares of spot crypto exchange-traded products in return. Galaxy will coordinate an in-kind creation with an authorized participant, then deliver ETP shares directly into the client's chosen account. Onboarding timelines that previously […] The post Morgan Stanley’s Galaxy deal points to Bitcoin’s next institutional test: lending collateral appeared first on CryptoSlate.

Bitcoin eyes a rally toward $92,630 as BTC defends key long-term support while the Nasdaq flashes deeper correction risks. Bitcoin (BTC) traders said that BTC holding above the $60,000 psychological support over the weekend was important as it recovered 6.5% from a local low near $59,100 to an intraday high of around $62,950 on Sunday. Key takeaways: Bitcoin's rebound stood out as the tech-heavy Nasdaq Composite (IXIC) plunged more than 4% on Friday, its steepest one-day drop since April 2025. This has raised hopes that risk capital may return to BTC markets. Read more

Bitcoin’s return to $60,000 is drawing heavy ETF outflows, marking a sharp reversal from February when institutional selling eased into the dip.

Bitcoin realized losses remained below the $211 billion tally from 2022, leading to a prediction that the next bear-market bottom was not yet in. Bitcoin (BTC) threatens to “purge further” as realized losses in the 2026 bear market fail to beat records. Key points: Read more

CPI and FOMC Dots: How June Data Will Move Bitcoin The post CPI on June 10 and the FOMC on June 17, Bitcoin’s Next Big Move Will Be Decided in the Next 7 Days appeared first on Cryptonews.

Bitcoin traders have spent the past week bracing for the wrong kind of surprise, watching rate-cut bets evaporate as a run of firm labor data pushed the odds of a Federal Reserve hike by year-end toward 85% and dragged the 10-year Treasury yield up near 4.5%. Understandably, it dominates the screens, given how much of […] The post A needed $900B Treasury cash rebuild could quietly drain the liquidity Bitcoin needs appeared first on CryptoSlate.

For the better part of two years, Wall Street has treated AI as the most bullish trade on the board, a growth engine that turbocharges earnings, underwrites stretched valuations, and promises a productivity windfall somewhere down the road. However, the Fed has access to the same numbers and seems to be more inclined to treat […] The post AI’s $800 billion spending boom is becoming Bitcoin’s Fed problem appeared first on CryptoSlate.

Bitcoin’s latest oversold RSI mirrors 2020 and February 2026 setups that preceded 50% and 30% rebounds, putting $70K back in focus. Bitcoin (BTC) is now flashing its most oversold signal since the COVID-19 crash, raising the odds of a relief rebound toward $70,000 in the coming weeks. Key takeaways: As of Saturday, Bitcoin’s daily relative strength index (RSI) stood near 15.5, well below the 30 level that typically marks oversold conditions and its lowest reading since the March 2020 market crash. Read more