Bitcoin | Crypto

BTC’s technical setup suggests a potential price drop toward $74,000, as notable whales have stayed short. Is the top in for Bitcoin? Key takeaways: Bitcoin's rising wedge pattern suggests a potential drop to $74,000 if a key support level fails. A new whale has placed $140 million in short bets on BTC. Read more

Bitcoin short-term holders struggled to seal profits in recent days while overall supply ownership flashed a classic bull-market top warning. Key points: Bitcoin’s NUPL metric repeats past bull-market tops with a move from “optimism” to “euphoria.” The Bitcoin realized cap is increasingly in the hands of short-term holders. Read more

Bitcoin (BTC) miner MARA Holdings purchased 400 BTC for approximately $46 million on Oct. 13, capitalizing on the market collapse three days earlier while most miners remained defensive. The acquisition increases MARA’s Bitcoin treasury to 53,250 BTC, valued at over $6 billion at current prices, according to Bitcoin Treasuries data. The timing reveals a strategic […] The post Are miners buying Bitcoin again? Marathon adds 400 BTC after the crash appeared first on CryptoSlate.

Gold hit a new high on Monday, while Bitcoin remains wounded. Will crypto still be an asset of choice for traders wanting to dodge currency debasement?

A joint crackdown has traced Bitcoin proceeds from pig-butchering fraud to Prince Holding Group networks, seeking 127,000 BTC, while OFAC has sanctioned 146 parties and FinCEN has described billions laundered through shell companies and exchanges across regions. The post U.S. Moves to Seize Record $12B in Bitcoin from Global ‘Pig Butchering’ Scam After Joint Crackdown appeared first on Cryptonews.

Stablecoin giant Tether has paid out almost $300 million to settle claims regarding allegedly improper Bitcoin liquidations tied to the collapse of crypto lender Celsius.

Bitcoin’s weekend was a classic macro hit-and-run. On Friday, tariff threats toward China knifed through risk assets and shoved BTC through $110,000, with roughly $7 billion in crypto positions liquidated as leverage unwound into a thin tape. By Sunday night and into Monday, the tone softened as Trump posted a calming message about China, and […] The post Is BlackRock’s IBIT flows keeping Bitcoin above $100k? appeared first on CryptoSlate.

BTC can drop to $74,000 in the worst-case scenario if the price fails to hold above the $110,000 support level, but is the top really in? Key takeaways: Bitcoin risks a correction toward $96,500–$100,000 if the $110,000 support fails. Onchain and technical patterns suggest a healthy mid-cycle reset, not a full trend reversal. Read more

Less than a week after reports of an agreement between the "Bitcoin Jesus" and US authorities, Roger Ver’s 2024 criminal tax case may be nearing an end. A California federal court is closer to dismissing the criminal indictment against Bitcoin advocate Roger Ver, known to many as “Bitcoin Jesus.” In a Tuesday filing in the US District Court for the Central District of California, the US government filed a proposed order for Judge Michael Fitzgerald to dismiss Ver’s indictment without prejudice. The government said it reached an agreement with Ver to pay $49.9 million and “all tax, penalties, and interest” on tax liabilities with the Internal Revenue Service (IRS) for his Bitcoin (BTC) holdings. Read more

Record inflows to BlackRock’s crypto ETFs cement the asset manager’s dominance as institutional investors pour billions into Bitcoin and Ethereum exposure. BlackRock’s iShares exchange-traded funds (ETFs) helped power the asset manager to a strong quarter of earnings and revenue, underscoring the continued momentum behind its crypto-related products as institutional demand accelerates. The iShares platform, which includes more than 1,400 ETFs globally, attracted a record $205 billion in total net inflows in the third quarter, according to the company’s quarterly financial statement. Those inflows fueled a 10% increase in organic base fee growth during the quarter and 8% growth over the past 12 months, Chairman and CEO Larry Fink said in a statement. Fink reiterated that BlackRock is “always preparing for the future,” highlighting ongoing offerings in emerging sectors such as technology, data analytics and digital assets. Read more

Bitcoin dropped back toward its lowest levels in several weeks after a rebound fizzled at $116,000, while an infamous whale stayed short BTC. Key points: Bitcoin gives up on its bull-market rebound as sellers stay firmly in control. The infamous Bitcoin whale, who shorted BTC last week, continues to add to its BTC price downside bet. Read more

UC San Diego and the University of Maryland researchers have reported findings showing that roughly half of GEO satellite downlinks carry data without encryption. Further, data interception can be reproduced with just $800 of consumer hardware. Per WIRED, the team captured telco backhaul, industrial control traffic, and law-enforcement communications, and reported fixes to affected providers […] The post How $800 hardware can sniff Bitcoin miner traffic via satellite appeared first on CryptoSlate.

Bitcoin’s energy-based economic model is set to benefit from the fiat “debasement” needed to fund the global arms race for developing the most advanced AI models. Billionaire entrepreneur and Tesla CEO Elon Musk touted Bitcoin’s ability to protect investors from fiat money printing, which may increase due to what analysts call a forthcoming government-funded race to develop artificial intelligence. Musk has praised Bitcoin’s (BTC) energy-based proof-of-work model for its inflation-proof mechanism, which is immune to governmental fiat currency printing as it is “impossible to fake energy.” “That is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy,” Musk wrote in a Tuesday X post. Read more

For almost as long as Bitcoin has been trading, Korea’s “kimchi premium” has been one of the market’s favorite ghost signals. When spot prices in South Korea climb faster than those in the US, traders interpret this as a sign of retail demand surging, capital trapped, and liquidity tilting East. When the spread collapses, the […] The post Is the Korean Kimchi Premium still front-running Bitcoin price? appeared first on CryptoSlate.

The crypto market lost nearly $200 billion in value as escalating trade tensions between China and the United States reignited global risk aversion. This halted Bitcoin’s fragile recovery after last weekend’s record $19 billion liquidation. Bitcoin price struggles Data from CryptoSlate shows the industry’s total market capitalization declined 3% to $3.79 trillion, down from $3.96 […] The post Bitcoin falters again causing $200B wipeout: Will BTC hold $110k or break to $104k? appeared first on CryptoSlate.

Despite recent volatility, MVRV readings confirm Bitcoin (BTC) is not overheated.

Friday’s flash crash reduced short-term risk appetite but did not affect Bitcoin’s long-term potential, possibly delaying a new all-time high by weeks or even months. Key takeaways: Bitcoin’s resilience after Friday’s $19 billion flash crash shows long-term demand remains strong despite short-term risk aversion. Derivatives traders remain cautious, with arbitrage opportunities and negative funding rates signaling heightened counterparty risk. Read more

XRP fell about 15 percent intraday on Friday during the tariff scare tied to White House remarks, then recovered about 9 percent on Monday as risk appetite stabilized, providing a live read on how the token tracks Bitcoin in macro stress and relief. The Monday bounce saw Bitcoin up about 3.7 percent, Ethereum up about […] The post XRP’s beta to Bitcoin spikes 2.5x after $19B liquidation flush appeared first on CryptoSlate.

Bitcoin stopped short of a full rebound at $116,000 as traders monitored whale activity and several key BTC price support levels. Key points: Bitcoin chops around $114,000 as a whale expects more BTC price losses next. Price pressures short-term holders, who have their cost basis just below the $114,000 mark. Read more

Analysts say confusion over China’s export rules briefly rattled markets before Bitcoin miners led a swift recovery on Monday. Shares of Bitcoin mining companies rose sharply on Monday, recovering from losses sustained during Friday’s flash crash that analysts attributed to US President Donald Trump’s apparent misunderstanding of new Chinese export controls. Bitfarms (BITF) and Cipher Mining (CIFR) led the rally, each posting double-digit gains. Hut 8 Mining (HUT), IREN (IREN) and MARA Holdings (MARA) also climbed more than 4%, while Core Scientific (CORZ) and Riot Blockchain (RIOT) traded broadly higher at the start of the session. The rebound followed a steep sell-off on Friday after Trump announced plans to impose 100% tariffs on Chinese imports, stoking fears of an escalating trade war. The president’s comments, however, were later revealed to be based on a misunderstanding of China’s new export measures. Trump subsequently walked back his remarks over the weekend. Read more