The post Bitcoin Buyers Stack $512M Bids Near $70K Support: Is A Reversal Ahead? appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) traders have placed new buy orders near $70,000 as the price approaches a key liquidity zone. Order-book data shows more than $500 million in bid liquidity between $72,000 and $70,000, creating a demand zone that could shape BTC’s next move. BTC buy bids form key support zone Data from CoinGlass shows dip buyers have placed 6,235 BTC in bid liquidity between $72,000 and $70,000. At current prices, the buy orders are worth roughly $443 million. The largest cluster sits directly above $70,000, where buyers are positioned to absorb the current selling pressure. Bid liquidity refers to limit buy orders waiting below the market price. When price trades into those orders, it can slow a decline and trigger a sharp rebound if demand absorbs available BTC supply. BTC/USD, one-day chart, buy liquidity analysis. Source: Velo chart Below $70,000, the next notable pock
The post 15 Years Ago, Hal Finney Explained Why Bitcoin Could Not Simply Be Replaced appeared on BitcoinEthereumNews.com.
A “new Bitcoin?” Hal Finney speculated on the premise more than 15 years ago. Fifteen years ago, one of Bitcoin’s earliest pioneers offered a warning that continues echoing through crypto markets. Hal Finney argued that a monetary network cannot be rebooted without damaging the credibility of everything that follows. The Debate Over a New Bitcoin On May 30, 2011, Hal Finney and Jon Tobey entered a debate called “Early speculators’ reward.” Basically, it was a discussion on Bitcointalk, where the OP raised a question that has followed Bitcoin since its very first days – was it fair that early adopters mined or acquired coins before most people knew the network existed? Some participants argued that this early distribution amounted to a significant advantage – so large that the protocol itself should be relaunched. Finney rejected the premise with a response that wa
The post Spot Bitcoin ETFs See Record 10-Day Outflow Streak, Analyst Calls It ‘Contrarian Indicator’ appeared on BitcoinEthereumNews.com.
Spot Bitcoin exchange-traded funds (ETFs) have logged outflows for ten consecutive trading days, with total net redemptions exceeding $2.97 billion since May 15, a streak that one analyst says may signal a market bottom is near. According to data from SoSoValue, daily outflows ranged from $70 million to $733 million across the period, with the steepest single-day exodus recorded on Wednesday at $733.43 million. Total net assets held across spot Bitcoin (BTC) ETFs have dropped from $104.29 billion on May 15 to $94.17 billion as of Friday, a decline of roughly $10 billion in two weeks. The current streak broke the previous record of eight consecutive outflow sessions, which was recorded in early last year and saw $3.2 billion in withdrawals, on Thursday, before extending to 10 days on Friday. Spot Bitcoin ETFs have become a major gauge of institutional
The post Canadian Billionaire: Crypto Can Be Seized, It’s Not Digital Gold appeared on BitcoinEthereumNews.com.
“There is no escape” A loud Bitcoin skeptic Canadian billionaire philanthropist and prominent gold advocate Frank Giustra has re-ignited the fierce debate surrounding cryptocurrency’s safe-haven status. The magnate has warned that the crypto sector is actually vulnerable to state intervention. “There is no escape” Giustra’s latest criticism has been prompted by remarks from prominent media personalities and U.S. Treasury Secretary Scott Bessent regarding the federal seizure of approximately $1 billion worth of cryptocurrency wallets. “Some of them are typing in their wallets right now and have no idea it’s already gone,” Bessent said. XLM Shoots Up 60%, XRP Left in Dust Bitcoin (BTC), Zcash (ZEC), Ethereum (ETH) and XRP Price Analysis for May 30: Bearish Pressure Emerges Giustra seized on the news to slam Bitcoin’s alleged vulnerability. You Might Also Like One crypto prop
The post Robert Kiyosaki Warns Bitcoin Hype Can Burn Buyers Even With Bullish Forecast appeared on BitcoinEthereumNews.com.
Key Takeaways Kiyosaki said bitcoin, gold, and silver can still lose money when bought on hype. Investors were urged to track cash flows instead of relying on conventional bond safety claims. His crash warnings support the case for hard assets and independent research. Robert Kiyosaki Says Bitcoin Buyers Still Need Discipline Robert Kiyosaki warned that bitcoin can produce losses when investors buy on hype instead of analysis. On May 30, the Rich Dad Poor Dad author and investor criticized claims on social media platform X that U.S. bonds are safe and encouraged followers to monitor cash flows when evaluating investment opportunities. His comments placed BTC within a broader discussion about capital allocation, suggesting that timing, judgment, and conviction can influence outcomes as much as the underlying asset itself. Kiyosaki’s advice centered on investor beha
The post Bitcoin Treasury Space Still Has Fair Share of ‘Carnival Barkers’: BSTR Founder appeared on BitcoinEthereumNews.com.
The Bitcoin treasury company space is becoming more divided between firms with actual financial strategies and those leaning more on promotion, according to one industry executive. “I think a lot of them don’t have the right capital structure, right. They don’t have the ability to actually deploy Bitcoin,” Sean Bill — co-founder of Bitcoin treasury company BSTR, alongside Adam Back — said during an interview with Cointelegraph published to YouTube on Tuesday. “They’re really planning on having Bitcoin do all the talking for them,” Bill said. “I do think that you have a lot of carnival barkers in this space,” Bill said. Sean Bill spoke to Cointelegraph at BitcoinVegas. Source: Cointelegraph Bill said that works well to an extent if a company has “cheap and easy access to leverage in the marketplace.” If not, companies must engage in other activities to add value
The post CME Launches 24/7 Bitcoin and Crypto Futures Trading appeared on BitcoinEthereumNews.com.
Key Takeaways CME Group expanded crypto futures and options trading to continuous access on CME Globex. Traders can hedge weekend, holiday, and overnight volatility through regulated listed derivatives. Institutional demand may keep rising as crypto exposure broadens across major contracts. CME Group Expands Crypto Access With Around-the-Clock Trading CME Group announced on X on May 29 that its cryptocurrency futures and options now trade 24/7. The world’s largest derivatives marketplace is opening continuous access to bitcoin and crypto contracts. The move gives institutional and active traders continuous access to regulated crypto derivatives. It also narrows the gap between CME’s listed markets and crypto spot venues. For traders, the change shifts risk management from a scheduled-market model to a continuous one. Bitcoin prices often move sharply during weekends, holidays, and overnig
The post Grok Targets $145K as 13 AI Models Predict Bitcoin’s Price Path to Close 2026 appeared on BitcoinEthereumNews.com.
Key Takeaways 13 AI models queried by Bitcoin News gave BTC year-end 2026 price targets ranging from $50,000 to $145,000. Deepseek was the lone bear, projecting $50,000, while Grok set the high at $145,000, citing ETF inflows and institutional adoption. Most models clustered between $88,000 and $122,000, with post-halving supply and Fed policy cited as key drivers. 13 AI Chatbots Give Bitcoin Year-End Targets and the Range Will Surprise You Several forces hit at once. U.S. spot bitcoin ETFs posted more than $2.8 billion in outflows over a nine-day stretch, including a single-day pull of $733 million on May 27, with Blackrock’s IBIT accounting for over $528 million of that alone. Geopolitical pressure in the Middle East pushed traders toward the dollar, and stronger-than-expected inflation readings kept rate-cut expectations in check. Bitcoin fell to intraday lows
