Market

Bitcoin is trapped in a narrow range after a strong rally, facing a sell wall at $92,000. The broader market is also fading, with significant losses for Solana, Cardano, and other altcoins.

BitMine Immersion Technologies has purchased an additional €170 million worth of Ethereum, solidifying its position as the largest corporate holder with 3% of the total supply. While the price saw a short-term bump, analysts remain divided on ETH’s near-term trajectory.

Recent large Bitcoin transfers from the defunct Mt. Gox exchange have reignited fears of a market sell-off. We explore the history of the exchange’s collapse and why its remaining multi-billion dollar Bitcoin holdings still spook investors today.

Amid a market downturn, a new crypto bundle feature lets Dutch investors automatically follow a strategy inspired by the U.S. strategic reserve, known as the Trump bundle, offering automated rebalancing and simplicity.

Bitcoin’s price shows a modest recovery, up several percent from its 24-hour low, but analysts caution that the bottom may not yet be in. The RSI indicates oversold conditions, and the market awaits a decisive move.

The crypto market is on track for a third straight week of losses, with over $3.2 billion pulled from major crypto funds in three weeks. Bitcoin and Ethereum are the hardest hit, but there’s growing hope for a Federal Reserve rate cut.

The defunct crypto exchange Mt. Gox transferred 10,600 BTC (€1 billion), sparking concerns of a market dump. However, analysts note the move was internal and the extended repayment timeline suggests a slow, controlled process, limiting immediate market impact.