BlackRock buys $47M worth of Bitcoin amid market fear

Is bitcoin close to a bottom or is there more pain ahead for investors?

US government backing of Bitcoin could accelerate institutional adoption, but Strategy's evolving approach highlights potential financial risks. The post Strategy CEO Phong Le highlights US government support for Bitcoin appeared first on Crypto Briefing.

A cryptocurrency analyst has pointed out how Dogecoin has returned to the support level of a Parallel Channel following the latest market decline. Dogecoin Is Potentially Following A Parallel Channel In a new post on X, analyst Ali Martinez has talked about how Dogecoin is currently trading with respect to a Parallel Channel. This type of technical analysis (TA) pattern forms whenever an asset moves between two parallel trendlines. Related Reading: Bitcoin Price Back At $63,000 Despite 1.2 Million BTC Absorption The upper level of the channel can act as a source of resistance, while the lower can provide support. Together, the trendlines keep the price locked between them. If either of these levels fails, then the price may see a continuation of the trend in the direction of the break. That is, a surge above the pattern can be a bullish signal, while a fall under it is a bearish one. Parallel Channels can be divided into a few different categories based on how the channel is oriented w

The inflows suggest a potential shift in investor sentiment, indicating renewed interest and confidence in cryptocurrency ETFs. The post Ethereum and Bitcoin spot ETFs snap lengthy outflow streaks with fresh inflows appeared first on Crypto Briefing.

Bitcoin is struggling as the price tests $62,000 as support — a level that would represent a significant extension of the correction from the cycle highs and a test of the structural foundation that bulls have been pointing to throughout the decline. The weakness is real and the selling pressure is persistent — and XWIN Research Japan has published an analysis that cuts through the competing macro narratives to identify what the on-chain data suggests is the actual driver of the current correction. Related Reading: HYPE Defies Market Selloff As Whales Withdraw Another $108M From Exchanges The explanations circulating in the market range from geopolitical tensions to Federal Reserve policy to Strategy’s recent small Bitcoin sale. XWIN Research Japan’s CryptoQuant analysis suggests a simpler and more fundamental explanation: buyers disappeared. The engine that powered Bitcoin’s 2024 to 2025 rally was not leverage, not retail momentum, and not speculative excess. It was consistent and sus

The next altcoin season may not begin with Bitcoin dominance, ETF flows, or the usual rotation signals from Bitcoin and Ethereum. An interesting outlook is pointing somewhere less obvious: gold.  The argument is that the precious metal’s next major move could decide whether the next crypto market bounce is real or just another trap that […]

Better Mortgage already has a waitlist open for a new home loan product that accepts Bitcoin and USDC as collateral, with plans to launch nationwide this summer and a projected loan volume of $250 million based on signups so far. Related Reading: Coinbase Targets Crypto Crime, Freezing $3M Linked To Scam Operations How The Product […]

The significant loss in shareholder value highlights the risks of heavy reliance on volatile assets, potentially prompting strategic shifts. The post Bitcoin treasury companies lose $62B as Bitcoin slides this week appeared first on Crypto Briefing.