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Bitcoin

Saylor blamed AI for bitcoin crash. Arca has one word for that: Nonsense

Saylor blamed AI for bitcoin crash. Arca has one word for that: Nonsense

2 weeks ago by Crypto InsightsCrypto

While bitcoin BTC$63,271.85-holder listed firm Strategy’s chairman Michael Saylor blamed the AI boom for last week’s bitcoin selloff, crypto investment firm Arca is pointing the finger squarely at Saylor himself. “The selling pressure last week was clearly due to the Saylor/MSTR news,” wrote Arca’s Chief… Read More

Bitcoin drops under $63,000 as Strategy adds $100 million BTC

Bitcoin drops under $63,000 as Strategy adds $100 million BTC

2 weeks ago by Crypto InsightsCrypto

Bitcoin (BTC) holder Strategy’s (MSTR) capital trap is getting tighter, according to Ilan Solot, senior global markets strategist, at Marex Solutions, a division of global financial services firm Marex. The company is sitting on a massive bitcoin hoard, accumulated through aggressive buying and stock dilution.… Read More

Gold slips below 200-day moving average offering glimmer of hope for bitcoin bulls

Gold slips below 200-day moving average offering glimmer of hope for bitcoin bulls

2 weeks ago by Crypto InsightsCrypto

Gold has fallen below its 200-day moving average (200DMA), a widely followed long term technical indicator that tracks the average closing price over the previous 200 trading days. A break below the 200DMA is often interpreted as a sign that long term bullish momentum has… Read More

Bitcoin (BTC), Ether (ETH) suffer worst weekly drop since FTX crash

Bitcoin (BTC), Ether (ETH) suffer worst weekly drop since FTX crash

2 weeks ago by Crypto InsightsCrypto

Crypto investors endured one of their toughest week in years as a wave of selling wiped out hundreds of billions of dollars from digital asset markets. Bitcoin BTC$60,593.14 fell 17.3% this week while ether (ETH) dropped 22%, putting both assets on track for their largest… Read More

Bitcoin maximalists say the brutal price crash is just a temporary liquidity crunch caused by the AI boom

Bitcoin maximalists say the brutal price crash is just a temporary liquidity crunch caused by the AI boom

2 weeks ago by Crypto InsightsCrypto

Hardcore bitcoin purists haven’t lost faith in the world’s largest digital currency, despite it losing nearly 17% of its value, marking the worst weekly performance since July 2024 and wiping out about $200 billion in market cap in the last seven days. The prominent bitcoin… Read More

Polymarket says No for May, Yes for June after Strategy’s recent bitcoin sale

Polymarket says No for May, Yes for June after Strategy’s recent bitcoin sale

2 weeks ago by Crypto InsightsCrypto

Strategy’s recent bitcoin sale, the first in more than three years, sparked a major dispute on Polymarket, with the dispute settlement body led by UMA token holders ultimately ruling against bettors who wagered the sale would occur by May 31. The controversy began after Strategy… Read More

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