The post After crashing 99.9%, this BTC treasury stock crashed 99.9% — again appeared on BitcoinEthereumNews.com.
BTC treasury company Hyperscale Data saw its split-adjusted stock price drop to below $0.14 yesterday — a figure that represents just six billionths of one percent of its all-time peak in September 2000. Hyperscale, which began life in 1969 as an electronics manufacturing company called Digital Power Corporation, achieved a split-adjusted price of $2,131,598,848 during the so-called “dot-com bubble.” It then pivoted to BTC mining in August 2017, with its stock trading above $121,000,000. However, by the time it switched its focus again in September last year, this time to a Michael Saylor-inspired BTC acquisition strategy, this same stock had collapsed below $0.72. Yesterday, it closed below $0.14, a return since 2017 that’s somehow, even worse than declining 99.9% and then declining 99.9% again. Indeed, it needed to decline 99.9% one more time to arrive at Hyperscale’s $0.
The post Bitcoin is Seeing a ‘Textbook’ Bottom as More Analysis Brings Back 2022 appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) is seeing a “textbook” bear-market bottom as speculators take profits on the trip toward $65,000. Key points: Bitcoin is repeating previous macro bottom behavior in a “textbook” manner, analysis argues. Short-term holders are taking profits on minor recoveries — something “characteristic of a bull market.” Doubts remain about speculators avoiding future capitulation. Analysis: Bitcoin bottom will “be very obvious in hindsight” In their latest analysis on X, the Bitcoin quant account known as Frank, named for the famous economist Frank A. Fetter, doubled down on conviction that the worst of the BTC price downtrend is over. “This is a textbook bitcoin bottom; I mean every bottom signal has flashed or is flashing, it’ll be very obvious in hindsight,” one post stated. An accompanying chart showed the 200-week simple moving average (SMA) for BTC/USD, along with
The post Could Bitcoin’s 21 Million Supply Cap Change? Zcash Co-Founder Makes Bold Proposal appeared on BitcoinEthereumNews.com.
In a post, Zcash co-founder Eli Ben-Sasson proposes rethinking Bitcoin’s fixed 21 million supply cap. According to Ben-Sasson, capping the supply of Bitcoin at 21 million BTC does not make sense. This is because, over time, keys will be lost. He believes that this will eventually happen over an infinite time horizon. The maximum number of Bitcoins that can ever exist is 21 million BTC. This hard cap on the total Bitcoin supply is a fundamental part of Bitcoin’s monetary policy, which is designed to promote scarcity and prevent inflation. Bitcoin creator Satoshi Nakamoto encoded this limit into the cryptocurrency’s source code. Ripple-Operated Rail Dropped by Major Software Company XRP, Shiba Inu (SHIB), Solana (SOL) and Bitcoin (BTC) Price Analysis for June 8: Momentum Is Not Fueled Yet Zcash Co-Founder Suggests Bitcoin Move Away From Fixed 21M Supply Cap and
The post Crypto Market at Risk as BTC, ETH, XRP, and SOL Longs Build appeared on BitcoinEthereumNews.com.
Analyst Joao Wedson says unliquidated long positions are dominating BTC, ETH, XRP, and SOL. Alphractal charts show large, long-exposure buildings across major crypto assets, while weak upward movement has increased concerns over leveraged positions. XRP, ETH, and SOL show higher sensitivity due to heavier long accumulation. Bitcoin and major altcoins are facing increased leverage pressure as unliquidated long positions continue building across the market. Analyst Joao Wedson highlighted data from Alphractal showing that BTC, Ethereum, XRP, and Solana are carrying a large amount of open long exposure after a weak upward move. Notably, the charts shared by the analyst show concentrated long positions across multiple assets, creating a market structure where a sudden decline could force leveraged traders to close positions. Long Positions Increase Across Major Crypto Assets Alphracta
The post Analyst warns Bitcoin could slide to $56,550 amid Iran reversal appeared on BitcoinEthereumNews.com.
Following a short-term recovery above $64,000, Bitcoin (BTC) rapidly reversed and plummeted toward $62,000 in the night between July 7 and 8, leading one popular cryptocurrency analyst to warn that $56,550 might be its next target. Specifically, in a Wednesday X post, Ali Martinez explained that BTC was rejected after reaching the top of the channel at $63,600 and that it now faces a potential drop toward $59,700. The ultimate target of the downside, the on-chain expert added, could be as low as $56,550, considering that the price represents the bottom of the channel. Bitcoin $BTC is getting rejected at the top of its channel. This could trigger a pullback toward $59,700, with $56,550 as the next downside target. pic.twitter.com/GvI9fMFQbD — Ali Charts (@alicharts) July 8, 2026 How a reversal in Iran negotiations triggered a Bitcoin price crash Meanwhile, Bitcoin’s latest down
The post Saylor Says 3.3% BTC Annual Growth Can Fund STRC Dividends Forever appeared on BitcoinEthereumNews.com.
Saylor says 3.3% annual Bitcoin appreciation can fund Strategy’s dividends indefinitely. At 0% Bitcoin appreciation, Strategy reserves cover STRC dividends for 31 years. JPMorgan flagged that Strategy BTC sales could produce up to $1.25B in sell pressure. Strategy’s Michael Saylor has put a precise number on what it takes to make the company’s Bitcoin treasury model self-sustaining: a 3.3% annual appreciation rate in Bitcoin, which he is calling the BTC Breakeven ARR. Strategy currently holds 843,775 Bitcoin worth approximately $53.8 billion at current prices. Annual dividend obligations on its STRC preferred shares run at approximately $1.8 billion. Divide the dividend obligation by the Bitcoin reserve, and you get 3.3%, the minimum Bitcoin appreciation rate at which capital gains from selling a small portion of the stack can cover dividends indefinitely without depleting
The post Bitcoin Hasn’t Fully Capitulated Yet: Analysts Warn of Lower Levels Ahead appeared on BitcoinEthereumNews.com.
What does BTC’s latest rejection mean for the asset’s upcoming price moves? There’s a lot that’s not going bitcoin’s way at the moment, but we will delve into that in a moment. For this intro, we will just suggest that BTC might actually be performing better than expected, at least for now. However, the latest rejection at $64,000 could spell more trouble ahead, and here are the new bearish targets set by Ali Martinez and Ted Pillows. No Bottom Yet Just think about it – the war was essentially just restarted today as Iran and the US launched new strikes against each other, Strategy sold more than 3,500 BTC, recent reports suggested a major miner capitulation, AI continues to extract capital out of crypto markets, the BTC ETFs bled over $8 billion in two months, the Fed doesn’t seem inclined to lower the rates soon, and yet, the cryptocurrency still trades above $60,
The post Strategy Bitcoin Sale Leaves $1.25B Plan Intact. appeared on BitcoinEthereumNews.com.
Strategy’s $135M BTC sale was separate from its $1.25B monetization framework. The company sold 3,588 BTC to support preferred stock dividend obligations. VanEck says Strategy may retain more Bitcoin selling capacity than expected. VanEck says Strategy’s recent $135 million Bitcoin sale did not reduce its $1.25 billion BTC Monetization Program, keeping the full capacity available. Strategy’s latest Bitcoin transaction has drawn attention after VanEck’s digital asset research head clarified that the sale occurred outside the company’s authorized monetization framework. The distinction could affect how investors assess Strategy’s future Bitcoin selling capacity and treasury strategy. Strategy’s Bitcoin Sale Left Monetization Capacity Unchanged According to VanEck digital assets research head Matthew Sigel, Strategy’s approximately $135 million Bitcoin sale did not reduce its $1.25 billion BTC
Analysis flagged a Bitcoin moving average derivative that last triggered at the end of the 2022 bear market as BTC price action returned to its reversal zone.
