Historical data shows Bitcoin bear markets deepening when oil prices rally to record highs. Will Monday’s $105 WTI price lead to a BTC crash? Key takeaways: $105 WTI crude often triggers Bitcoin price corrections, with history showing a 14% to 27% sell-off within weeks. The BTC to oil correlation remains uncertain as events like Mt.…
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Two US Republican senators have introduced the “Mined in America Act” in an attempt to bring more Bitcoin mining manufacturing back to the US and codify US President Donald Trump’s executive order to establish a Strategic Bitcoin Reserve. Introduced by US Senators Bill Cassidy and Cynthia Lummis on Monday, the new bill seeks to create…
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Bitcoin (BTC) data flashed a rare bid-side imbalance when it traded below $65,000 on Sunday. The bid-ask ratio showed strong buying pressure across multiple depth levels, which may have confirmed a short-term bottom for BTC price. With more than $1.6 billion in short leveraged positions at risk of liquidation near $71,000, the setup centers on…
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It could be more than a year before Bitcoin regains its all-time high of $126,100, recorded in October last year, according to veteran trader Peter Brandt. “I do not see a new price high in 2026,” Brandt told Cointelegraph. “Not until maybe the second quarter of 2027,” he said, though he also acknowledged that “this…
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Key points: Bitcoin’s recovery is expected to face selling near $69,000, but if the bulls prevail, a rally to $74,508 is possible. Most major altcoins remain below their resistance levels, indicating that the bears continue to exert pressure. Bitcoin (BTC) rose above $68,000, but the bulls are struggling to sustain the higher levels. Sellers are…
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CFTC Chair Michael Selig signaled that the agency would defer to the football league in calling for changes to event contracts that could be manipulated by a single person. The National Football League (NFL) has reportedly sent letters to Kalshi, Polymarket and other prediction market platforms in an effort to block the companies from offering…
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Key takeaways: A Hyperliquid whale’s $53 million Bitcoin short and its bets against silver suggest a cautious outlook for global markets. Traders remain on edge as the US and Israel-Iran war and upcoming US jobs data drive risk-averse behavior this week. Bitcoin (BTC) price recovered from Sunday’s $65,000 low but failed to hold ground above…
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Seven months ahead of the November midterm elections, Chainlink Labs and Anchorage Digital announced that they were the founding contributors to a political action committee (PAC) “to support candidates working to advance digital asset and blockchain policy in the United States.” In a Monday announcement, the two crypto companies said they were supporting the Blockchain…
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Bitcoin (BTC) demand from long-term holders increased by 48.5% over the past seven days. This rise in accumulation coincided with a sharp decline in Bitcoin miners’ selling activity, as the Miners’ Position Index (MPI) dropped to levels last seen in 2024. The development highlights a phase where long-term participants are steadily absorbing Bitcoin, while selling…
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In a Cointelegraph interview, Ran Neuner ponders Bitcoin’s identity crisis, market risks and the growing impact of macro trends. In this Cointelegraph interview, Ran Neuner, a longtime voice in the crypto space, openly questions Bitcoin’s core narrative— as he admits he struggles to answer one simple question: why should people buy it? “I don’t know…
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