IoT company Sequans to sell remaining 658 Bitcoin as it exits digital asset treasury

Bitcoin continues to trade under pressure after losing the critical $75K-$76K support zone, while broader market sentiment remains cautious amid weakening ETF inflows and deteriorating technical structure. However, BTC is now approaching an important confluence of technical supports around $70K-$72K, where both trendline support and the 100-day MA could provide temporary relief for the market. […]

Grayscale has transferred roughly $112 million in Bitcoin to Coinbase Prime, adding to a steady drumbeat of institutional-sized flows hitting centralized venues this year. Grayscale deposited 1,530.704 Bitcoin into Coinbase Prime worth approximately $112 million in the last hour, according…

The post Bitcoin drops out of the top 10 largest assets by market cap appeared on BitcoinEthereumNews.com. Bitcoin (BTC) is down nearly 17% year to date, as institutional outflows and geopolitical tensions continue to pressure digital assets. As a result, ‘digital  gold’ has officially dropped out of the top 10 largest assets by market cap, now occupying spot number 13 with a market value of $1.457 trillion, citing numbers provided by Companies Market Cap. For comparison, the cryptocurrency is now worth less than Tesla (NASDAQ: TSLA) and Meta (NASDAQ: META), which have a market capitalization of $1.64 trillion and $1.59 trillion, respectively. Top assets by market cap. Source: Companiesmarketcap.com At press time, Bitcoin was changing hands at $72,753, with the $72,000–$73,000 area as the next critical support. To plunge even further, to spot number 14, the digital asset would need to decline just 10% more and lose $147 billion in market cap. Bitcoin bleeds market cap Indeed, in contra

The post Fed’s Favorite Inflation Gauge Just Hit Its Highest Level Since 2023: What It Means for Bitcoin appeared on BitcoinEthereumNews.com. April Personal Consumption Expenditures (PCE) inflation matched the 3.8% year-over-year forecast, its highest reading since May 2023. Bitcoin (BTC) slid toward $73,300 as the print pushed the Fed’s preferred gauge further from its 2% target. Core PCE rose 3.3% on the year, also in line with forecasts. Monthly readings came in softer at 0.2%, below the 0.3% estimate and reinforcing the higher-for-longer rate path. PCE Print Confirms Sticky Inflation The Bureau of Economic Analysis released the April Personal Income and Outlays report on Thursday. Headline PCE matched the 3.8% consensus forecast at its highest annual level since May 2023. Core PCE, which excludes food and energy, climbed to 3.3% from a year earlier. The reading sits at its highest level since October 2023 and nearly doubles the Fed’s 2% target. Monthly figures gave doves a small wi

The post Altcoin Rotation Continues Despite Weak Bitcoin And Market Uncertainty appeared on BitcoinEthereumNews.com. Altcoin Rotation Continues Despite Weak Bitcoin And Market Uncertainty | Bitcoinist.com Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Sebastian’s journey into the world of crypto began four years ago, driven by a fascination with the potential of blockchain technology to revolutionize financial systems. His initial exploration focused on understanding the intricacies of various crypto projects, particularly those focused on building innovative financial solutions. Through countless hours of research and learning, Sebastian developed a deep understanding of the underlying technologies, market dynamics, and potential applications of cryptocurrencies. As his knowledge grew, Sebastian felt compelled to share his insights with others. He began actively contributing to online discussions on platforms lik

Ripple CTO Emeritus David Schwartz has criticized a New York lawsuit seeking ownership of billions of dollars worth of dormant Bitcoin wallets, including addresses linked to Satoshi Nakamoto and the Mt. Gox hack. According to court filings shared online, plaintiff…

The post Crypto Whales Are Quietly Positioning in Ozak AI Ahead of Expected Market Repricing appeared on BitcoinEthereumNews.com. While much of the crypto market remains focused on Bitcoin’s next move and Ethereum’s consolidation range, a quieter shift is taking place beneath the surface. On-chain observers with presale analysts have pointed to early whale-style placing in Ozak AI, a trend that has appeared before prominent repricing events instead of after that.  Silent Accumulation Often Comes Before Loud Price Moves Historically, some of the strongest crypto rallies have begun not with headlines, but with capital quietly entering early-stage projects while prices remain compressed. Analysts tracking presale flows note that Ozak AI fits this pattern closely. Despite broader market hesitation, the project has continued to attract consistent high-value entries, helping it surpass the $7M presale milestone without relying on short-term promotional surges. This type of growth profile is