Bitcoin News

January rally bolsters near-term outlook for bitcoin mining stocks, JPMorgan says
Shares of mining companies rose last month despite softer bitcoin prices as storms cut the network hashrate and AI optimism grew, the bank said.

Bitcoin nears pre-election floor as ETF flows stall, Citi says
The cryptocurrency is trading below key ETF cost levels and nearing its pre-election price floor as inflows to these vehicles fade and headwinds build, the bank said.

Bitcoin’s thinnest price zone hints at extended stay between $70,000 and $80,000
Limited historical trading activity and thin onchain supply suggest further consolidation or a retest of the lower range.

This onchain metric has identified the Bitcoin bottom every cycle
Convergence between bitcoin supply in profit and supply in loss has repeatedly coincided with major market lows.

Bitcoin's 'RSI' screams oversold. Here is what it means
Bitcoin's relative strength index has fallen below 30, signaling oversold conditions as the cryptocurrency trades near a key $73,000 to $75,000 support zone.

ETF that feasts on carnage in bitcoin-holder Strategy hits record high
Leveraged anti-strategy ETFs are booming as shares in the bitcoin holder slide.

Crypto pulls out of free fall as government shutdown ends
An unrelenting plunge in crypto prices on Tuesday has paused after the U.S. House very narrowly passed a funding package that will now head to the president's desk for signature.

Galaxy CEO Mike Novogratz doesn't see quantum as big threat for bitcoin
CEO Mike Novogratz said that the profit-taking trend among early bitcoin adopters is real, indicating weakening conviction in the "HODLing" philosophy.

Bitcoin nears weekend low of $74,600 as stock selloff adds to crypto's woes
Major declines in artificial-intelligence-linked stocks, software names and private equity are leading U.S. indices lower.

Bitcoin will 'massively' outperform gold over 10 years, says Pantera's Dan Morehead
“I think crypto starts to become invisibly more part of everyone's lives," said Tom Lee — the two appeared on a panel together Tuesday morning at the Ondo Summit in New York.

