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In crypto news today (May 29), the market has seemingly stabilized overnight, with the Bitcoin price climbing a modest +0.4% in the past 24 hours, with it sitting at around $73,500. However, ETH USD remains in a precarious position: while it is up +0.8% on the day, it trades at $2,010, barely holding above the.. The post Crypto News Today (May 29): BTC Holds Above $73K as Monthly Close Volatility Approaches appeared first on 99Bitcoins.
Read full articleStrategy's potential $80B Bitcoin acquisition could significantly impact market dynamics, amplifying both investment risks and rewards. The post Strategy CEO Phong Le hints at raising $80B to buy Bitcoin appeared first on Crypto Briefing.
Strategy's potential $80B Bitcoin purchase could significantly influence market dynamics, highlighting Bitcoin's role as a strategic reserve asset. The post Strategy eyes $80B Bitcoin purchase, boosting market demand appeared first on Crypto Briefing.
While bitcoin sellers drove the price below $74,000 on Thursday, a fresh wave of sleeping coins sprang to life, transferring 665 BTC that had remained untouched for more than a decade. In total, 665 BTC worth just over $48 million, moved during the past day, all originating from wallets created in 2014 and 2015. Long-Idle […]
Bitcoin held near $73,000 but risks crashing lower as risks linger. Spot Bitcoin ETFs saw net outflows of $229 million for a nine-day negative streak. On-chain metrics show whale balances flat for months, signaling reduced accumulation. Bitcoin traded near $73,200 on Thursday after failing to sustain a rebound amid broader cryptocurrency selling. While BTC struggled, […] The post Bitcoin price outlook amid 9-day streak of ETF outflows appeared first on CoinJournal.
CFTC's approval of bitcoin perpetual futures could enhance market transparency and stability, attracting institutional investors to crypto trading. The post US CFTC approves first bitcoin perpetual futures contracts for regulated exchange appeared first on Crypto Briefing.
CFTC's approval of Kalshi's Bitcoin perpetual futures could pave the way for broader crypto derivatives adoption in regulated US markets. The post CFTC signs off on Kalshi’s perpetual Bitcoin futures product appeared first on Crypto Briefing.
Bessent's strategy could reshape US economic sovereignty, impacting global trade dynamics and potentially increasing inflationary pressures. The post Scott Bessent warns of US manufacturing vulnerabilities at Reagan Forum, ties strategy to Bitcoin reserve appeared first on Crypto Briefing.
Bitcoin has hit what one analyst describes as a major ceiling after losing the support level that held the market together for months. Following a failed push toward $83,000, the analyst now believes buying Bitcoin at current prices carries more risk than opportunity. Instead, he points to a much lower target, a level where buyers may finally step back into the market with conviction. Bitcoin’s Former Support Has Turned Into Resistance The analyst’s outlook centers on the collapse of the $80,500 area, a level that previously acted as the backbone of Bitcoin’s trading range for months. During earlier pullbacks, buyers repeatedly defended that zone and helped stabilize price action, allowing Bitcoin to recover and attempt new highs. That dynamic now appears to have reversed. Related Reading: Can The Ripple Banking License Serve To Push The XRP Price To $25? After briefly climbing toward $83,000 in May, Bitcoin failed to maintain momentum and quickly lost strength. The rejection created w
