Bitcoin Rebounds to $59K Amidst Derivatives Market Turmoil
BTC touched its lowest level since September 2024 before rebounding to $59,770, while ETH slipped further and another $1 billion in futures positions were wiped out.
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BTC touched its lowest level since September 2024 before rebounding to $59,770, while ETH slipped further and another $1 billion in futures positions were wiped out.
The real estate investor pitched his model as a treasury company backed by cash-flowing property rather than stock sales, framing the slide in bitcoin as a chance to accumulate.
Public companies hold bitcoin because they view it as a scarce, dollar-denominated reserve asset that can diversify treasury holdings, preserve purchasing power against inflation, attract investors, and provide exposure to the digital asset economy. The model was pioneered by Strategy (formerly Micr
Strategy’s paper loss exceeds the market caps of hundreds of tokens, highlighting the extreme concentration of risk in the crypto market right now.
Asian equities also fell sharply Friday morning, with South Korea's Kospi losing over 8% and triggering a circuit breaker.
BTC sees a relief bounce as Asian stocks wilt following sharp losses on Wall Street.
Bitcoin slipped near $58,000 before recovering, and CF Benchmarks says the $50,000 to $60,000 zone is where buyers have always stepped in.
The post Strategy Stock Price at Risk? Analyst Says Bitcoin Crash Won’t Trigger a Death Spiral appeared first on Coinpedia Fintech News As Bitcoin struggles to regain momentum, concerns around Michael Saylor’s Strategy are once again resurfacing. With Bitcoin recently falling toward $58,000 and Stra
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Bitcoin Magazine Trezor Academy Releases Documentary on Africa’s Bitcoin Economy, Opens Education Donations Trezor Academy released a documentary highlighting Bitcoin adoption across Africa and launched a donation program to fund Bitcoin education initiatives in the Global South. This post Trezor Ac
Bitcoin Magazine Strategy Stock (MSTR) Nearly Craters Another 10% as Securities Lawsuit Lands Strategy shares plunged some more today as Bitcoin fell to $59,000. This post Strategy Stock (MSTR) Nearly Craters Another 10% as Securities Lawsuit Lands first appeared on Bitcoin Magazine and is written b
Bitcoin’s drop to $58,000 lines up with the power-law model’s cycle lows, even though futures market data points to deeper lows for BTC price.
Bitcoin Magazine Matt Corallo Urges Bitcoin Projects to Exit GitHub After Rust Lightning Ban Senior developers including Andrew Poelstra highlighted broken merge scripts, hidden diffs, and unreliable tracking, pushing Bitcoin projects toward self-hosted Forgejo solutions. This post Matt Corallo Urge
Bitcoin’s crash to $58,000 confirmed a bear flag breakdown, setting a new price target of $54,000 or lower.
For the past year, Strategy has been issuing and tapping preferred securities like STRC to raise capital for additional bitcoin purchases.
Bitcoin touched its lowest price in 21 months early Thursday—and prediction market users don't see the crypto carnage ceasing imminently.
Your bitcoin isn’t just an asset; it’s a future. Ensure your loved ones can access it with a solid inheritance plan for when you're no longer here.
Derivatives markets signal that betting on further slide in prices is getting overcrowded, setting up for a potential snapback.
Hyperion Decimus' Chris Sullivan said four historically reliable indicators have aligned, leaving bitcoin one move away from confirming a major turning point.
Bitcoin fell to 21-month lows as stock market volatility accompanied three-year highs in US PCE inflation, leading to $600 million in hourly crypto liquidations.