Bitcoin News

BTC Faces Golden Fibonacci Hurdle at $122K, XRP Holds Support at $3
BTC bulls need to overcome the 161.8% Fib extension, the so-called golden ratio.

Whale Activity Surges as Bitcoin Builds Momentum Toward New Highs
Retail and institutional investors are aggressively accumulating BTC, echoing bullish patterns last seen during the 2024 U.S. election.

Strategy's Market Hints at Strongest Downside Risk Since April
Shares of Strategy have fallen over 14% in two weeks, closing below the 50-day simple moving average.

Bitcoin, XRP, Ether Recoup Overnight Losses as Analysts Point to Growing Threat to Fed Independence
Analysts highlighted concerns over the Fed's independence, with two Trump-appointed officials dissenting in favor of a rate cut on Wednesday.

Bitcoin Tumbles Below $116K as Jerome Powell Delivers Hawkish Remarks
The Fed Chair appeared as dug in as ever to his insistence that the central bank stands firmly in blocking the Trump tariffs from igniting inflation.

Fed Holds Rates Steady as Expected, but Two Dissent From Decision
Fed Chair Jerome Powell has been under considerable pressure from the White House to ease monetary policy.

Twenty One Boosting Bitcoin Holdings; CEO Jack Mallers Sees $150K BTC Incoming
Bitcoin's fixed supply will force higher prices as capital markets ramp up buying, Mallers said in an interview with Bloomberg TV.

BTC Tentative, Dollar Index Hits 5-Week High as U.S. GDP Grew 3% in Second Quarter
Market observers express concern over potential risks from crowded USD short positions, which could impact equities and crypto markets.

How Will SEC's Approval of In-Kind Redemptions for Bitcoin and Ether ETFs Reshape The Crypto Market?
The SEC approved in-kind creations and redemptions for spot bitcoin and ether ETFs, aligning them more closely with traditional exchange-traded funds.

Michael Saylor's Strategy Makes Massive $2.4B Bitcoin Purchase With Preferred Stock Sale Proceeds
The firm days ago sold nearly $2.5 billion of its new preferred series, dubbed STRC or "stretch," and quickly deployed the funds into BTC.

