Bitcoin Magazine Bitcoin Defends $84K Support Like a Champ: Oversold Bounce Targets $94K This Week Bitcoin Bulls Stunned after Sellers Take Price All the Way Down to $80K Last week, we identified the $84,000 area as the next major support for bitcoin, and that’s exactly where the price went. Bitcoin dropped to nearly $80,000 but […]

Bitcoin Magazine Bitcoin Price Rebounds to $86,000 as Deutsche Bank Flags Five Forces Behind the Sell-Off The bitcoin price is coming off its worst week since February, sliding more than 30% from last month’s highs and reopening an old question for investors: why is this happening now? According to Deutsche Bank, the sell-off isn’t driven

Bitcoin Magazine Samourai Wallet Co-Founder Sentenced to Four Years for Crypto Money Laundering On November 19, William “Bill” Hill, 67, co-founder of Bitcoin mixing service Samourai Wallet, was sentenced to four years in prison for operating an unlicensed money transmitting business that processed over $237 million in criminal proceeds, according to journalist Frank Corva.   Hill

Bitcoin Magazine Strategy’s (MSTR) Michael Saylor Dismisses Index Concerns: ‘Our Conviction in Bitcoin is Unwavering’ Michael Saylor pushed back on recent reports warning that Strategy could face billions in passive outflows if MSCI excludes the company from major equity indices. In a statement on X, Saylor said that Strategy is “not a fund, not a

Bitcoin Magazine Bitcoin Price Dip Or New Bear Market? Bitcoin price has started to show clear signs of weakness, and the recent move back below six figures has forced a reassessment of the near-term outlook. With several important technical and on-chain levels now lost, I have recalibrated my base case so that the probability of

Bitcoin Magazine JPMorgan Says Saylor’s Strategy Could See Billions in Outflows if MSCI Excludes MSTR Strategy — the original “bitcoin-on-NASDAQ” proxy — is now facing its most consequential structural risk since Michael Saylor began converting the firm into a leveraged BTC holding vehicle five years ago. A new JPMorgan research note warns that Strategy is

Bitcoin Magazine Ray Dalio Reaffirms Bitcoin Skepticism, Says He Still Holds Just 1% Allocation Billionaire investor Ray Dalio, founder of Bridgewater Associates, reiterated his cautious stance on Bitcoin this week, revealing that he holds only a small fraction of the cryptocurrency in his portfolio.  Speaking on CNBC’s Squawk Box, Dalio said, “I have a small

Bitcoin Magazine Bitcoin Price Crashes to $86,000 As Extreme Fear Hits the Market Bitcoin price is trading at lows of $86,610, down over 1% over the past 24 hours, with a 24-hour trading volume of $87 billion.  The top cryptocurrency is currently 5% below its seven-day high of $92,944 but is currently making new seven-day and

Bitcoin Magazine Congressman Warren Davidson Introduces Bitcoin For America Act, Proposes Federal Tax Free Payments in Bitcoin Rep. Warren Davidson (R-OH) introduced today the Bitcoin For America Act in the U.S. House of Representatives, a landmark proposal designed to modernize the U.S. financial system and position the nation at the forefront of the global digital

Bitcoin Magazine Metaplanet is Building a Two-Tier Rocket Ship to Buy More Bitcoin Metaplanet has introduced a new two-tier preferred equity structure designed to deepen its bitcoin-centric financing model, launching a senior Class A instrument called MARS and a new perpetual Class B preferred share, MERCURY, that is expected to raise roughly $150 million.  The