Bitcoin | Crypto

Questions raised after Bithumb intern sent 15X more “phantom” Bitcoin to users than it held. Plus, did a Hong Kong fund blow up? Asia Express

Questions raised after Bithumb intern sent 15X more “phantom” Bitcoin to users than it held. Plus, did a Hong Kong fund blow up? Asia Express

Bitcoin price more than doubled the last time Tether's crypto market dominance topped out, a signal that is flashing again in 2026. Bitcoin (BTC) may form a bottom in the coming weeks as Tether’s USDt (USDT) dominance retests a key resistance level that preceded BTC’s 2022 cycle low. As of February, Tether dominance reached the 8.50%–9.00% range (the red area in the chart below), revisiting a historically significant zone that previously aligned with Bitcoin’s bear market lows. When USDt’s market share rises, it usually means traders are playing it safe and parking money in stablecoins instead of riskier coins like Bitcoin. Likewise, a rotation back into crypto usually aligns with USDt dominance falling. Read more

The research analysts pointed to tight liquidity and macro pressure as drivers of the decline, while noting that spot Bitcoin ETFs have seen relatively modest outflows. Bernstein analysts on Monday maintained their $150,000 target for Bitcoin (BTC) despite the recent sell-off that they said was being driven by lacking investor confidence rather than structural stress. Calling the pullback the “weakest bear case” in the asset’s history, the analysts’ note to investors said no major failures have emerged across Bitcoin’s market plumbing, and pointed to relatively modest 7% net outflows from spot Bitcoin ETFs even as BTC price dropped by about 50%. “The current Bitcoin price action is a mere crisis of confidence. Nothing broke, no skeletons will show up,” analysts led by Gautam Chhugani said. Read more

Bitcoin saw the first brief period of positive Coinbase Premium since mid-January as BTC price action stabilized near $70,000. Bitcoin (BTC) saw stability after Monday’s Wall Street open as gold eyed new February highs. Key points: Bitcoin price forecasts expect BTC to bounce between Fibonacci levels after major volatility. Read more

If you hold either US dollars or Bitcoin, then you're a little poorer this morning than when you went to bed last night. It doesn't matter whether there's cash in your pocket or sats in your wallet; both have less purchasing power today than they did yesterday. That's because Bitcoin is down, the dollar is […] The post Your US dollar is worth 89 cents today for the same reason Bitcoin traders are actually still winning appeared first on CryptoSlate.

The sale shows how Bitcoin miners are reshaping strategies as mining economics continue to deteriorate. Bitcoin miner Cango has sold 4,451 Bitcoin on the open market, generating net proceeds of about $305 million it says were used to partially repay a Bitcoin‑collateralized loan and to strengthen its balance sheet.  The company said Monday that the transaction, approved by its board after a review of “current market conditions,” is intended to reduce financial leverage and provide additional capacity to fund its planned expansion into artificial intelligence (AI) and high‑performance computing (HPC) infrastructure. Cango said that the “strategic pivot” meant utilizing its “globally accessed, grid-connected infrastructure” to provide distributed compute capacity for the AI industry, and that the initiative would be implemented through a phased roadmap. Read more

Michael Saylor’s Strategy missed Bitcoin’s brief drop to $60,000 last week, purchasing $90 million worth of BTC at an average price near $78,800. Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, added another tranche of BTC last week, expanding its holdings without pushing its overall cost basis lower. Strategy acquired 1,142 Bitcoin (BTC) for $90 million last week, according to a US Securities and Exchange Commission filing on Monday. The acquisitions were made at an average price of $78,815 per BTC despite Bitcoin trading below that level for most of the week and briefly touching $60,000 on Coinbase last Thursday. Read more

Binance bought $300 million in Bitcoin for its SAFU reserve, pushing the fund past $720 million as the exchange shifts its emergency buffer to BTC. Binance added another $300 million worth of Bitcoin to its emergency reserves on Monday, continuing its experiment with a Bitcoin-backed protection fund as markets remain under pressure. Binance bought another 4,225 Bitcoin (BTC) worth $300 million for its Secure Asset Fund for Users (SAFU) wallet, which holds its emergency reserves, according to blockchain data platform Arkham. The acquisition lifts the fund’s Bitcoin holdings to more than $720 million at current prices. Read more

Bitcoin’s price story lately has been told like it only has one main character, the ETFs. Money goes in, price goes up, money goes out, price goes down. It’s a clean narrative, and it’s not wrong, but it’s incomplete, because Bitcoin is not just a ticker. The network has its own internal plumbing, and some […] The post Crypto market bottom is closer than you think as Bitcoin miner reserves crash to historic lows appeared first on CryptoSlate.

Whale and institutional demand for Bitcoin show signs of a comeback, but downside risks remain as analysts expect BTC price to retest $66,000 support. Bitcoin (BTC) rebounded 17% to trade near $70,000 on Monday, from its 15-month low below $60,000, as whales took advantage of discounted prices to accumulate.  Key takeaways: Large investors have bought the dip to $60,000, adding at least 40,000 BTC. Read more

Bitcoin extended recent losses as derivatives data show a clear risk-off shift.

Japan’s landslide election boosted equities but added near-term pressure to Bitcoin as capital rotated and liquidity tightened.

Bitcoin could revisit $87,000 during consolidation, but only as a chance to add shorts, and not confirmation of a trend.

Bitcoin price forecasts still favor lower macro lows as traders brace for US inflation data and renewed Japan-driven currency volatility. Bitcoin (BTC) starts the second week of February still on the defensive after last week’s sharp drawdown, with traders increasingly eyeing a deeper retracement toward $60,000 — and even $50,000 — before a durable macro bottom forms. Market forecasts agree that Bitcoin price action has not yet put in a reliable long-term bottom. CPI week comes as markets lose faith in Fed rate cuts in March. Read more

Most quantum-vulnerable Bitcoin sits in wallets holding under 100 Bitcoin, with CoinShares claiming it could take a millennium to compromise each one. Digital asset manager CoinShares has brushed aside concerns that quantum computers could soon shake up the Bitcoin market, arguing that only a fraction of coins are held in wallets worth attacking. In a post on Friday, CoinShares Bitcoin research lead Christopher Bendiksen argued that just 10,230 Bitcoin (BTC) of 1.63 million Bitcoin sit in wallet addresses with publicly visible cryptographic keys that are vulnerable to a quantum computing attack. A little over 7,000 Bitcoin are held in wallets with between 100 and 1,000 BTC, while roughly 3,230 Bitcoin are held in wallets with 1,000 to 10,000 BTC, equating to $719.1 million at current market prices, which Bendiksen said could even resemble a routine trade. Read more

New research says today’s quantum computers are far too weak to threaten Bitcoin’s cryptography, leaving the network years to prepare.

Bitcoin’s next big options gravity well sits on Mar. 27 (260327), and the reason is simple: this is where the market has parked a thick stack of conditional bets that will need to be unwound, rolled forward, or paid out as the clock runs down. The Mar. 27 expiry carries about $8.65B in notional OI […] The post Bitcoin bears could sleepwalk into a $8.65 billion trap as options max pain expiry nears $90,000 appeared first on CryptoSlate.

On Jan.30, 2026, US spot Bitcoin ETFs saw $509.7 million in net outflows, which looks like pretty straightforward negative sentiment until you look at the individual tickers and realize a few of them stayed green. That contradiction aged fast over the next few days. Feb. 2 snapped back with $561.8 million in net inflows, then […] The post Bitcoin ETF flow numbers are fundamentally broken and most traders are missing the specific sign of a crash appeared first on CryptoSlate.

Bitcoin trades every minute of every day, but CME Bitcoin futures stop for the weekend. That mismatch is how a CME gap is born, and why it keeps turning up in the middle of the most stressful weeks. A CME gap is the blank space on a CME futures chart between Friday’s final traded level […] The post Do CME gaps always have to fill? Bitcoin’s $60k flush says no appeared first on CryptoSlate.