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 Crypto’s Relief Rally: Here’s What’s Behind ETH and BTC’s Green Week appeared on BitcoinEthereumNews.com.
Key highlights: ETH and BTC performed better than stocks and gold last week Whale wallets bought over 270,000 BTC near the $60,000-$70,000 range Bitcoin ETF outflow streak was also broken with a $221 million inflow Crypto had its best week in months. Bitcoin rose 6.75%, and Ethereum rose 13.54%, easily beating stocks and gold. A new report from crypto trading firm Wintermute breaks down what drove the surge and why some caution is still needed. Wintermute: Weak jobs data and a dovish Fed sparked the rally The rally started with weak U.S. jobs numbers. Only 57,000 jobs were added last week, far below the expected 110,000. It was the weakest report in four months. Unemployment also fell to 4.2%. This weak data reduced the chances that an interest rate hike would happen this year. There were fears that the Federal Reserve was looking into hiking rates sometime this year. Fed
The post DAC8 Crypto Tax Reporting Faces Bull Bitcoin Legal Challenge appeared on BitcoinEthereumNews.com.
A non-custodial Bitcoin exchange taking the French government to its highest administrative court over a tax reporting directive might sound like a long shot. But Bull Bitcoin’s legal challenge against the EU’s DAC8 crypto tax reporting framework is grounded in something far more visceral than regulatory disagreement — it’s about whether collecting and centralizing data on millions of crypto holders could get people killed. Key takeaways Bull Bitcoin filed a petition before the French Conseil d’État on February 24, 2026, to annul Decree No. 2025-1276, the French implementing measure for DAC8. DAC8 requires crypto service providers to collect user identity and transaction data and report it automatically to national tax authorities, with first reports due by September 30, 2027. France recorded 41 crypto-related kidnappings since the start of 2026 and 19 confirmed wrench attacks in
US airstrikes on Iran ended the ceasefire, sending Bitcoin below $62K, Ethereum near $1,700, and Solana down 6.8% as risk-off sentiment gripped all markets.
The post Geopolitical shock sends risk assets into retreat as US airstrikes on Iran rattle markets appeared first on Crypto Briefing.
The post Ripple Price Analysis: The Critical Level XRP Must Defend to Avoid Another Breakdown appeared on BitcoinEthereumNews.com.
XRP remains under pressure across both the USDT and BTC pairs, with sellers continuing to control the broader trend despite several short-lived recovery attempts. While the USDT chart shows buyers defending an important support area, the XRP/BTC pair continues to trade near multi-month lows, highlighting the token’s persistent relative weakness against the market leader. Ripple Price Analysis: The USDT Pair On the daily timeframe, XRP continues to trade inside a well-defined descending channel, keeping the broader market structure firmly bearish. It remains below the 100-day and 200-day moving averages, both of which are sloping lower and acting as dynamic resistance above $1.25. This alignment suggests that momentum still favors sellers unless a meaningful trend reversal develops. After losing the $1.25 level in early June, XRP found demand around the crit
The post Bitcoin miners are using up to 12% of treasury BTC as collateral rather than selling coins appeared on BitcoinEthereumNews.com.
Top public Bitcoin miner CleanSpark’s latest BTC count carried a footnote that may matter more than the headline total: of the 13,924 BTC it reported as of June 30, 1,719 BTC was posted as collateral or recorded as a receivable, all tied to derivative transactions That amounts to roughly 12% of the miner’s reported Bitcoin balance held in financing or risk-management mechanisms rather than functioning as a readily available reserve. For reference, CleanSpark currently owns the 11th-largest public Bitcoin treasury among operating companies. The disclosure does not imply misuse. It does show why miner treasuries are getting harder to read as the same BTC stacks are marketed as strength, sold for cash, pledged, restricted, or moved through derivatives. Related Reading Bitcoin miners start funding pivot to AI with debt while selling BTC to stay liquid Coi
The post Kazakhstan Crypto Decree Targets Mining And Stablecoins appeared on BitcoinEthereumNews.com.
Kazakhstan, one of the world’s largest Bitcoin mining hubs, is moving to expand its crypto sector as a new decree introduces rules for stablecoin payments, tax breaks for regulated crypto activity and new energy options for mining. Kazakhstan President Kassym-Jomart Tokayev has signed a decree aimed at building a regulated digital asset market, the Ministry of Artificial Intelligence and Digital Development (MAIDD) announced on Wednesday. Developed jointly by MAIDD, the central bank and the Astana International Financial Centre, the order is viewed as a tool to increase regulatory clarity for crypto businesses, investors and digital asset service providers. The move signals Kazakhstan’s latest effort to expand its role in the crypto industry and establish itself as a major global crypto hub. Stablecoins enter Kazakhstan’s cross-border trade plans In one of its key directions, the decre
BlackRock's Bitcoin purchase may signal renewed institutional confidence, potentially influencing market sentiment and future price trends.
The post BlackRock buys $250M Bitcoin after two weeks of selling appeared first on Crypto Briefing.