After a judge halted a default judgment Friday in the New York Supreme Court case Noah Doe v. John Does 1-39,069, several onchain wallets linked to the litigation have sprung into motion. On Sunday, Galaxy Research identified a wallet dormant since 2019 that transferred 1,878.5711 BTC, valued at $114.16 million, marking its first activity in […]
Over the weekend, the Bitcoin price suffered a major crash, moving below $60,000 for the first time in this cycle. In contrast, there has been some recovery, with the price moving above $62,000 on Sunday, as investors moved back into the market. However, this recovery seems to only be a stop-gap for now because, according to one analyst, there is something bad coming Bitcoin’s way and it’s going to happen today. Is A Black Monday In The Cards? Analyst WhaleTwits on the X (formerly Twitter) platform has sounded the alarm for what could be a Monday to remember for Bitcoin. This comes after the crash toward $59,000 last week as the market moved into the bearish territory once again, suggesting that the worst is not over. Related Reading: Dogecoin Could Rally 300x And Cross $20, Analyst Claims According to the crypto analyst, something bad is expected to happen to Bitcoin on Monday, which is today. However, this does not seem to be ‘bad’ in the sense that everyone expects. Instead, the cry
Bitcoin's drop signals a shift in market sentiment, potentially undermining confidence in crypto as a stable investment amid economic shifts.
The post Bitcoin drops below $60,000 for first time since 2024 election appeared first on Crypto Briefing.
Strategy’s bitcoin buying model is facing new scrutiny after Grayscale warned that current share prices could limit future accumulation. The concern followed a bitcoin sale, STRC dividend pressure, and questions over whether Strategy can keep funding purchases without stronger investor demand. Grayscale Flags Rising Risks to Strategy’s Bitcoin Accumulation Machine Strategy’s bitcoin strategy is facing […]
The reactivation of dormant Bitcoin wallets challenges the application of traditional property laws to decentralized digital assets.
The post Satoshi-era Bitcoin wallet moves 15 BTC after 14 years of silence, complicating a $285 billion lawsuit appeared first on Crypto Briefing.
The rapid inflows into Hyperliquid ETFs highlight a shift in investor interest towards alternative blockchain assets, potentially reshaping market dynamics.
The post Hyperliquid ETFs pull in $160M in weeks as Bitcoin and Ether funds bleed capital appeared first on Crypto Briefing.
Bitcoin price started a recovery wave above the $62,000 zone. BTC is consolidating and might aim for more gains if it clears the $64,500 resistance zone. Bitcoin managed to form a base above $60,000 and started a recovery wave. The price is trading above $62,500 and the 100 hourly simple moving average. There was a break above a bearish trend line with resistance at $61,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might gain bullish momentum if it settles above the $64,500 zone. Bitcoin Price Eyes Fresh Gains Bitcoin price remained supported above the $60,000 zone. BTC formed a base and settled above $61,200 to start a recovery wave. There was a move above the $62,000 and $62,200 levels. Besides, there was a break above a bearish trend line with resistance at $61,500 on the hourly chart of the BTC/USD pair. The bulls were able to push the price above the 23.6% Fib retracement level of the downward move from the $74,100 swing high to the $59,107 low. How
The tariff policy instability may drive capital towards Bitcoin as a hedge, while legal challenges create economic uncertainty and market volatility.
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