Mt. Gox's former CEO is reportedly seeking to rewrite Bitcoin's rules to recover $5 billion in stolen cryptocurrency from the exchange's 2014 collapse. Thousands of victims have waited 12 years for full restitution of their lost Bitcoin holdings.
Bitcoin is experiencing its worst losing streak since 2018, with BTC down nearly 50% from its peak over a five-month period. Analysts are divided on whether this represents early market repricing or indicates further declines ahead.
Bitcoin dropped below $64,000 to a low of $63,019, marking a 19% decline for February. During this price drop, 23,300 BTC were moved to exchanges at a loss, indicating potential selling pressure from investors.
Bitcoin could potentially bottom out at $51,000 based on MVRV pricing bands analysis, with the current bear market showing support levels between $51,558 and $54,703. The analysis uses on-chain analytics that compare market value to realized value, with the -1 standard deviation historically marking reversal points in past bear markets.
A new Bitcoin halving-cycle model based on four cycles projects BTC will reach a cycle low of approximately $35,000 in December 2026, representing a 72.5% drawdown from a projected cycle high of $126,219. The analysis suggests the current bull market cycle has already reached its peak.
An ancient Japanese public company is considering purchasing up to 1 billion yen worth of Bitcoin as part of the growing trend of corporate Bitcoin treasury adoption. This move would add another firm to the expanding list of companies holding Bitcoin on their balance sheets.
CryptoQuant data indicates Bitcoin is experiencing brutal deleveraging, suggesting the market hasn't reached its bottom yet. The analysis points to a consolidative or mid-cycle bearish regime with potential capitulation events approaching soon.
Bitcoin's funding rates have dropped to -6%, indicating heavy short positioning in derivatives markets. Combined with rising open interest and liquidations, this setup suggests potential for a short squeeze if the market moves against bearish positions.
Iran launched missile and drone attacks targeting Israel, U.S. military bases, and Gulf allies across the Middle East, with explosions reported in Dubai, Kuwait, and Bahrain. The escalating geopolitical tensions are creating additional downside pressure on Bitcoin and cryptocurrency markets.
Crypto analyst Sean Park predicts Dogecoin could reach $2-$2.50 if Bitcoin hits $200,000, with potential for $4-$10 if major adoption catalysts like franchise acceptance or a BlackRock ETF occur. DOGE is currently facing selling pressure at $0.09313 but technical analysis suggests a potential breakout to $0.16.
Bitcoin's drop below $66,000 triggered $267 million in crypto liquidations over the past day, with $190 million specifically from long positions. This mass liquidation event caught leveraged traders off guard as the market experienced a significant pullback.
Altcoins experienced significant losses following Trump's confirmation of attacks against Iran, with Bitcoin dropping to $63K. KCS, STABLE, and PIPPIN were among the hardest hit cryptocurrencies during the weekend selloff.
Bitcoin price dropped to $63K following US and Israeli military actions against Iran, with the cryptocurrency facing geopolitical instability during a weekend when traditional markets were closed. Key support levels are reportedly still holding despite the geopolitical tensions.
Minnesota lawmakers are considering legislation to ban cryptocurrency ATMs statewide due to growing concerns about their use in financial fraud schemes. The proposal is being reviewed by the Minnesota House Commerce Finance and Policy Committee as part of efforts to combat digital asset-related scams.
Bitcoin dropped near $63,000 following U.S. and Israeli strikes on Iran, continuing a pattern where the cryptocurrency sells off during geopolitical shocks before recovering. The selloff occurs due to bitcoin's 24/7 liquidity making it one of the few large assets traders can exit during weekends when traditional markets are closed.
Bitcoin's price dropped below $64,000 following Israel's military attacks on Iran. Israel has declared a state of emergency in anticipation of swift Iranian retaliation, creating geopolitical uncertainty that is impacting cryptocurrency markets.
Mt. Gox's former CEO Mark Karpelès has proposed a hard fork to recover 80,000 hacked Bitcoin from the collapsed exchange. This suggestion comes 12 years after Mt. Gox's bankruptcy proceedings began, with Karpelès describing it as potentially the last major issue to resolve in the case.
Bollinger Bands technical analysis indicates that purchasing Bitcoin before it reaches $54,420 presents high risk for investors. This price level represents a potential buying opportunity that hasn't been seen since 2022.
Bitcoin dropped to $65,000 during weekend trading, erasing most gains from Wednesday's rally toward $70,000. The decline was accompanied by 6% drops in major altcoins including Solana, XRP, and Dogecoin, driven by hot producer price data and Nvidia's post-earnings decline affecting risk assets.
Citibank has announced plans to introduce infrastructure to integrate Bitcoin into traditional banking systems by 2026, marking a significant institutional push to make cryptocurrency 'bankable'. This represents a major traditional financial institution's commitment to cryptocurrency adoption and infrastructure development.
Bitcoin has reclaimed $66,000 but faces structural headwinds as exchange reserves increased by 28,489 BTC since January 14, indicating persistent selling pressure. The 30-day moving average of exchange netflows shifted from negative to positive, signaling a regime change from accumulation to distribution that limits sustainable price expansion.
Morgan Stanley has applied for an OCC bank charter to provide cryptocurrency custody services, marking another major step in the traditional banking giant's expansion into digital assets. This follows the firm's recent filing to launch Bitcoin, Ethereum, and Solana ETFs in January, demonstrating an accelerated push into the crypto space.
BlockTower founder Ari Paul debunks theories that Jane Street is manipulating Bitcoin prices to suppress higher valuations. Paul argues that Bitcoin's recent underperformance is better explained by large-scale spot selling from long-term holders rather than systematic market manipulation by Wall Street firms.
Bitcoin maintains strong defense around the $70,000 level while Ethereum breaks above its 100-day moving average threshold. The crypto market shows readiness for forward movement with price resets occurring across multiple technical indicators.
KAI Exchange claims to have received a mysterious message from Satoshi Nakamoto stating that March 1st, not April 5th, is the Bitcoin creator's real birthday. The AI-native cryptocurrency trading platform is celebrating this revelation with 10,000 traders worldwide.