Block's initiatives could redefine Bitcoin's role in everyday transactions, potentially accelerating mainstream adoption but facing regulatory hurdles.
The post Jack Dorsey aims to make Bitcoin everyday money through Block initiatives appeared first on Crypto Briefing.
Bitcoin's surge highlights its evolving role as a macroeconomic asset, potentially attracting more institutional interest amid favorable conditions.
The post Bitcoin briefly surpasses $82K amid macroeconomic shifts; SUI up 25% appeared first on Crypto Briefing.
Block's initiatives could redefine Bitcoin's role in everyday transactions, potentially accelerating mainstream adoption but facing regulatory hurdles.
The post Jack Dorsey aims to make Bitcoin everyday money through Block initiatives appeared first on Crypto Briefing.
Bitcoin price started a fresh increase and cleared the $81,500 zone. BTC is consolidating and might aim for more gains above the $82,450 level. Bitcoin managed to stay above $79,200 and started a fresh increase. The price is trading above $80,750 and the 100 hourly simple moving average. There is a bullish trend line forming with support at $80,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays above the $80,800 and $80,000 levels. Bitcoin Price Turns Positive Bitcoin price found support near $79,200 and started a fresh increase. BTC gained pace for a move above the $79,750 and $80,200 resistance levels. The bulls even pushed the price above $82,000. A high was formed at $82,436, and the price started a consolidation phase. There was a minor decline toward the 23.6% Fib retracement level of the upward move from the $79,168 swing low to the $82,436 high. Bitcoin is now trading above $80,750 and the 100 hourly simple moving averag
The summit's outcome could significantly impact crypto markets, influencing Bitcoin mining costs and broader digital asset sentiment.
The post Beijing confirms Trump state visit and Xi summit for May 14-15 appeared first on Crypto Briefing.
With bitcoin drifting around the $82,000 mark on Sunday, several long-dormant bitcoin holders moved their stashes for the first time in years. One address created in November 2013 transferred 500 BTC this afternoon, valued at more than $40 million, into a newly established Bech32 (Segwit) bitcoin address. Nearly 900 BTC Moved From 11 Dormant Wallets […]
The incident exacerbates energy costs, impacting Bitcoin mining profitability and potentially destabilizing geopolitical negotiations.
The post South Korea confirms external strikes caused fire on HMM Namu, sending ripples through crypto mining economics appeared first on Crypto Briefing.
The post BTC Price Prediction: $85K Rally Dead Ahead as Smart Money Capitulates appeared on BitcoinEthereumNews.com.
Ted Hisokawa
May 10, 2026 07:01
Bitcoin’s technical setup screams bullish reversal with RSI holding neutral ground at 64.20 while trading near Bollinger Band resistance at $81,929. Target: $85,000+ within 14 days with 70% probabi…
BTC’s Technical Reality Check Bitcoin is painting a classic pre-breakout pattern that seasoned traders know by heart. Trading at $80,755 with RSI sitting comfortably at 64.20, we’re seeing textbook momentum preservation without overbought conditions. The MACD histogram flatlining at zero isn’t bearish weakness—it’s coiled spring energy waiting for the next catalyst. The real story lies in Bitcoin’s Bollinger Band positioning at 0.82, practically kissing the upper resistance at $81,929. When price action hugs the upper band like this while maintaining healthy RSI levels, it’s not showing exhaustion—it’s showing preparation for
The post Bitcoin miners dump 32K BTC in Q1 – Can bulls absorb supply? appeared on BitcoinEthereumNews.com.
As Bitcoin [BTC] pushed toward the $80,500–$81,000 region, miner activity increasingly shaped broader market momentum beneath the surface. Public mining firms distributed nearly 32,000 BTC during Q1 2026 alone. That figure exceeded total liquidations recorded throughout all of 2025. Part of that pressure emerged from tightening post-halving economics across the mining sector. Notably, the Hashprice hovered between $33 and $40 per PH/s per day, remaining near breakeven levels for older mining fleets. As profitability compressed, firms including MARA, Riot, CleanSpark, and Bitdeer increasingly converted reserves into cash. Meanwhile, Glassnode data shows repeated miner distribution near Bitcoin’s highs suggests operators still prioritize liquidity preservation as post-halving profitability pressures remain elevated. Source: Glassnode This implies that the rally is not purely specula