Bitcoin Support Thins as BTC Demand Remains Negative at -32K, Glassnode Finds
Bitcoin’s support weakens as buy orders drain below price, while apparent demand improves to -32,000 BTC but remains negative, Glassnode finds.
Bitcoin’s support weakens as buy orders drain below price, while apparent demand improves to -32,000 BTC but remains negative, Glassnode finds.
Cboe seeks SEC approval for the first U.S. 3x Bitcoin and Ether ETFs, using CME futures to target three times daily asset performance.
Metaplanet moved 5,014 BTC worth $322 million between custodial wallets without selling, keeping its Bitcoin holdings at 43,000 BTC.
Circle launches cirBTC, a 1:1 Bitcoin-backed wrapped asset for institutional onchain credit markets with real-time reserve verification.
Bitcoin shows historical bottom signals as cost-basis trends improve, but Glassnode sees incomplete seller exhaustion and miners cut BTC reserves.
BlackRock cuts IBIT’s in-kind Bitcoin conversion minimum to $1 million as ETF inflows grow and the firm targets broader access.
Bitcoin's main chain retained 99.85% of mining power after the BIP-110 fork, leaving the minority branch more than 80 blocks behind.
Analyst says Bitcoin faces key resistance at $65,400, with a breakout targeting $77,000-$78,000 and rejection risks toward $54,000.
BIP-110 supporters fell 18 blocks behind Bitcoin after a minority chain split at block 961,632, highlighting limited miner support and hash power.
Galaxy Research says Coldcard exploit losses reached $111 million from 1,719 stolen BTC, with further losses potentially exceeding $130 million.
Strategy and MARA moved more than 7,000 Bitcoin on-chain, but analysts said the transfers alone do not confirm either company sold BTC.
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