Bitcoin is sliding deeper into bear market territory, flashing signals that have previously been close to market bottoms. “Is Bitcoin flashing bear market continuation, or an early bull market reset?” asked Fidelity Digital Assets on Tuesday. The asset manager noted that BTC has been in a death cross for more than 200 days, with
Bitcoin’s fall toward $60,000 has not caused a broad retreat among large investors, according to Coinbase Institutional strategy head John D’Agostino. Summary Family offices and sovereign funds are buying Bitcoin at lower prices instead of reducing exposure. D’Agostino says major institutional holders do not appear dangerously leveraged or close to forced liquidation. Strategy added 1,550
The U.S. has added Alibaba, Baidu, and BYD to a Pentagon list of Chinese companies tied to Beijing’s military. The update also names several chip, biotech, robotics, and telecom firms operating in the United States. The Pentagon added Alibaba, Baidu, BYD, CXMT, YMTC, WuXi AppTec, RoboSense, and Unitree to its updated list. The list does
XRP’s nearly 70% drawdown is noticeably smaller than the 85% to 90% losses seen in earlier bear cycles overall. On June 8, technical analyst ChartNerd shared an XRP cycle breakdown, making the case that the current bear market has been shallower and potentially shorter than previous ones. Additionally, he said there’s a chance for
Zcash price has recovered roughly 50% from last week’s lows after a proposal for a new network upgrade sought to address concerns raised by a recently disclosed vulnerability that could have allowed the creation of counterfeit tokens. Summary ZEC price rebounded after Zooko Wilcox proposed the Ironwood upgrade to verify Zcash’s circulating supply. Ironwood follows
In crypto news today (June 8), the market has rallied slightly over the weekend, with Bitcoin trading back above $63,000 on this Monday after a +1.6% overnight pump. This brief rally has also seen liquidations slow, with the 24-hour figure at just $630M, down from $1-2Bn last week. Ethereum has bounced even harder, surging +4%
On-chain URPD data and whale activity suggest that Dogecoin is sitting in a high-interest accumulation zone for long-term holders. Dogecoin (DOGE) has gained a modest 2% on Monday, hovering near $0.086, right above a major support zone. But new fresh analysis shows that the OG meme coin is at a critical structural inflection point.
Meta has announced a $115 million training program for data center technician jobs as it expands AI infrastructure. The company said America’s Workforce Academy will offer cost-free training and guaranteed job offers to graduates. Summary Meta announced a $115 million program to train workers for data center technician roles. America’s Workforce Academy will offer cost-free
In JPMorgan crypto news today, one of the bank’s top analysts, Nikolaos Panigirtzoglou, has identified two catalysts that will define crypto’s second-half 2026 performance: Strategy’s ability to fund roughly $1.7Bn in annual preferred stock dividends without selling Bitcoin, and US Congressional passage of the CLARITY Act. Strategy’s current dollar reserves cover only 6.3 months of
Bitcoin has entered its most painful phase, and the BlackRock ETF launch region remains crucial, according to new data. Bitcoin (BTC) staged a late Sunday rebound following several days of downward price action, though signs suggest the market has not reached a true recovery. Doctor Profit believes the crypto asset has moved into Stage