Data: 60 BTC transferred out from Cumberland DRW, worth approximately $4.1 million

Bitcoin Nears 4-Year SMA as Capitulation and Accumulation Signals Align

_Bitcoin tests long-term average as capitulation fades and accumulation strengthens._ Bitcoin may be approaching a critical turning point. A technical model that tracks its SMA on a four-year scale suggests the asset is entering a phase that usually marks the end of bear markets. On-chain

VC: Institutions Could Fire Bitcoin Devs Over Quantum Fears

Rising concerns about quantum threats to Bitcoin have captured the attention of institutions and veteran investors. In a recent appearance on the Bits and Bips podcast, venture capitalist Nic Carter warned that large holders might grow impatient with developers if action on quantum-resistant

Strategy Founder Michael Saylor Hints at More BTC Purchase as Bitcoin Price Drops

Michael Saylor indicates that Strategy may purchase more Bitcoin, despite a recent 2.78% price drop. A statement from U.S. Treasury Secretary Scott Bessent may also encourage this accumulation by signaling positive regulatory prospects for cryptocurrencies.

Bitcoin Price Slips Below $69,200 Support, Eyes $69,500 Resistance

Bitcoin is currently trading at $68,296.87, facing resistance at $69,500. A failure to surpass this level could lead to further declines, with key support at $66,500. Stability above $68,000 may allow for potential gains toward $70,000.

Analysis: Bitcoin has fallen 22.3% since the beginning of the year, potentially marking the worst first quarter performance since 2018.

Bitcoin has fallen 22.3% since the beginning of the year, potentially marking the worst first quarter performance since 2018. Experts consider this a regular correction, and historically, Bitcoin has often recovered in the following months. ETH has also dropped 34.3%.