Bitcoin News
By Sakamoto Nashi
1 / 15
Ethereum Touches $1,500, Sharplink Steps In. Ethereum had a rougher ride. It dipped to $1,500 before showing what looks like a double bottom…
2 / 15
MicroStrategy Drops 10% as Class Action Probe Opens. MicroStrategy's stock fell 10%. The drop came as the Rosen Law Firm kicked off a class action…
3 / 15
Big Holders Buy the Dip While Retail Hesitates. Major holders aren't sitting still. Despite the outflows and the volatility, larger players are…
4 / 15
Bitcoin clawed back above $60,000 on Sunday after sliding near $58,000 overnight. The bounce came fast, driven by fresh long positions stepping in during the dip.
5 / 15
The backdrop was messy. A $10.6 billion options expiry — one of the biggest of the year — was settling across Deribit and CME, and roughly 80% of those contracts were already out…
6 / 15
July has historically been kind to Bitcoin.
7 / 15
Average gains across past cycles have come in around 7.5% for the month. After a pretty flat June, that kind of seasonal track record matters to traders looking for any reason to…
8 / 15
Ethereum had a rougher ride. It dipped to $1,500 before showing what looks like a double bottom forming on the charts. Not confirmed yet, but the shape is there.
9 / 15
The broader altcoin market hasn't really decoupled from Bitcoin, though. BTC Dominance is holding above 50%, which basically means Bitcoin is still calling the shots.
10 / 15
MicroStrategy's stock fell 10%. The drop came as the Rosen Law Firm kicked off a class action investigation into the company's Bitcoin strategy and financial disclosures,…
11 / 15
See also: Bitcoin Drops to $58K as Strategys MSTR Hits Multi-Year Low and $1.3 Billion Gets Wiped
12 / 15
It's a rough spot. MicroStrategy built its entire identity around aggressive Bitcoin accumulation, and for a while that looked like genius.
13 / 15
And the ETF numbers aren't helping the mood either. June spot Bitcoin ETF outflows topped $3 billion for the month. That's a significant number.
14 / 15
Major holders aren't sitting still. Despite the outflows and the volatility, larger players are reportedly using the weakness to add to positions.
15 / 15
The options expiry itself was expected to ease some immediate selling pressure once it cleared. Most of the pain was already baked in with 80% of contracts out of the money.
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