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Advertisement &nbsp &nbsp Veteran trader Peter Brandt recently warned that Bitcoin could slide toward the $58,000 to $62,000 range. In a post shared on X, Brandt emphasized that he is comfortable being wrong, noting that his forecasts fail roughly half the time and that price targets should not be treated as guarantees. However, the trader’s

U.S. spot Bitcoin ETFs log $545M in daily outflows as BTC, ETH, and SOL slip, exposing how concentrated ETF ownership can amplify downside in a risk-off tape. Summary U.S. spot Bitcoin ETFs saw ‑$544.94M in net outflows on Feb. 4, with cumulative inflows still at $54.75B and total net assets near $93.51B, about 6.36% of

MSTR stock tumbles amid market volatility as institutional crypto investments face mounting pressure. Strategy, the world’s largest crypto treasury firm, has seen unrealized losses on its Bitcoin holdings reach $3.8 billion amid a sharp market downturn that drove the crypto asset below $71,000. The recent sell-off, falling on Michael Saylor’s birthday, sparked $777 million in

Data shows calls for sub-$60,000 Bitcoin prices have seen a rise on social media recently, a sign that fear is brewing among retail traders. Bitcoin Social Volume Data Suggests Growth In Bearish Calls In a new post on X, on-chain analytics firm Santiment has talked about how social media users have reacted to the recent

US-based spot Bitcoin exchange-traded fund (ETF) holders are showing relatively firm conviction despite a four-month Bitcoin downtrend, according to ETF analyst James Seyffart. “The ETFs are still hanging in there pretty good,” Seyffart said in an X post on Wednesday. While Seyffart said that Bitcoin (BTC) ETF holders are facing their “biggest losses” since the

The Coinbase Premium Gap, which tracks the price difference between Bitcoin on Coinbase and Binance, has fallen to its lowest level in over a year. An analyst said the move may point to weaker relative demand on Coinbase-linked venues, which are commonly associated with institutional trading. The Coinbase Premium is the price difference between Coinbase’s

The creator of Incognito Market, the online black market that used cryptocurrency as its primary payment rail, has been sentenced to 30 years in prison after blockchain transaction analysis cited by US authorities linked him to the platform. The Justice Department said on Wednesday that a Manhattan court gave Rui-Siang Lin three decades behind bars

Some crypto companies have proposed giving community banks a bigger stablecoin role as Senate negotiations stall over the contentious market structure bill. Crypto companies are reportedly floating concessions relating to stablecoin yields in an attempt to unfreeze the delayed crypto market structure bill.  The House has advanced crypto market-structure legislation, but negotiations have stalled in

Bhutan has offloaded another $22 million in Bitcoin mined through its state-owned mining venture, with the sale coming amid crypto price declines and challenging mining conditions. Data from blockchain analytics platform Arkham shows that Bhutan moved 184 Bitcoin (BTC) worth $14 million from its national reserve on Wednesday, adding to another 100.8 Bitcoin transfer worth

Crypto project Payy, which operates a privacy-focused wallet alongside a crypto banking card, has launched an Ethereum layer-2 network designed to support private ERC-20 transfers. In an announcement via X on Wednesday, Payy said users can add the network as a custom chain in MetaMask and that ERC-20 transfers made on it are routed through