- Crunch
- Global
Bitcoin price is experiencing one of the most dramatic selloffs in its history Thursday, sliding sharply through key support levels and sparking massive liquidations in the derivatives market.
According to Bitcoin Magazine Pro data, the world’s largest cryptocurrency crashed through critical floors, dipping towards the $62,000 floor, marking the largest raw dollar drawdown ever recorded for BTC.
The October 2025 all-time high above $126,000 now sits roughly $63,000 above current bitcoin price levels, as panicked selling intensified across exchanges.
This drawdown is now 50% from all-time highs and places it alongside some of Bitcoin’s most extreme historical…
Read more on BitcoinMagazine
While many hyper focus on the bitcoin price and its occasional intense volatility, there is a whole cohort of Bitcoiners that are quietly building Bitcoin circular economies with deep social impact around the world, in areas where Bitcoin is a save heaven asset today, compared to the local economies and circumstances.
One such company is Paystand, a B2B payments giant that has gone under the radar as a major user of Bitcoin for domestic and international corporate payments. Paystand enables companies to handle receivables, payables, expenses, cross-border payments, issue corporate spend cards, and streamlines payroll dynamics with Bitcoin-sensitive accounting software. Paystand serves…
Read more on BitcoinMagazine
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have crashed 11%, with Bitcoin’s (CRYPTO: BTC) collapse triggering panic selling across meme coins.
The Capital Flight From DOGE
Spot data shows a massive $29.67 million outflow from Dogecoin on Thursday—one of the largest single-day outflows in months.
The netflow pattern shows predominantly red bars with persistent distribution, indicating sustained lack of buyer interest.
The $0.10 break is devastating. This psychological level had been defended multiple times, but the breakdown signals capitulation.
DOGE now tests the lower boundary of its descending channel around $0.09.
Moreover, all EMAs sit above price: 20 EMA at $0.11597, 50…
Read more on Benzinga
Bitcoin fell right through the $70,000 mark on Thursday, with over $1.5 billion in liquidations sweeping through the markets.
Notable Developments:
Trader Notes: Trader Altcoin Sherpa said Bitcoin is revisiting its 200-week exponential moving average for the first time since 2023, a level that has historically acted as strong long-term support.
While brief dips below are possible, he views the $60,000 region as a reasonable zone to begin accumulating.
Crypto Tony warned that Bitcoin has broken below the 200-week EMA in prior cycles, most notably in 2022, when prices eventually fell roughly 44%.
A similar move would imply downside toward the $35,000 area, which he has previously flagged as a…
Read more on Benzinga
Shares of Strategy dropped sharply Thursday, tumbling more than 15 % in heavy trading as markets reacted to deepening weakness in Bitcoin and ahead of the company’s quarterly earnings report scheduled after the market close.
Analysts are pricing in a sizable post-earnings move for Strategy, with options markets implying a potential swing of roughly ±8.3% to 8.7% following the report.
The company’s Q4 2025 earnings call is set for later today at 5 p.m. ET, with a livestream available on Bitcoin Magazine’s YouTube channel.
It’s been a rough week for Strategy, tumbling from the $150 range to sub $110 per share.
The decline marked one of the largest single‑day…
Read more on BitcoinMagazine
Bitcoin’s long-term investment case relative to gold has strengthened, according to JPMorgan, even as the cryptocurrency suffers one of the sharpest market pullbacks in its history.
In a new note, JPMorgan analysts reportedly said Bitcoin’s risk-adjusted profile versus gold has improved after gold’s strong outperformance over the past year and a notable rise in volatility for the traditional safe-haven asset.
The divergence between the two assets has been stark. Since October 2025, gold has climbed roughly a third, while BTC has fallen nearly 50% from its peak above $126,000.
The downturn marks four consecutive months of declines — a stretch not seen since before…
Read more on BitcoinMagazine
Once a cash-burning enterprise software firm, Strategy Inc. (NASDAQ:MSTR) – previously known as MicroStrategy Inc. – became the most extreme expression of the Bitcoin age.
Under the vision of Michael Saylor, the company reinvented itself as a publicly listed Bitcoin accumulation vehicle — part software, part crypto treasury, part financial engineering experiment.
For a while, it worked brilliantly.
Between February and November 2024, Strategy shares — still trading under the MicroStrategy name at the time — surged more than 1,000%, marking a 10x increase.
The playbook was simple: issue equity and convertibles, buy Bitcoin (CRYPTO: BTC), let rising prices do the rest.
Investors…
Read more on Benzinga
For nearly 15 years, all communication between nodes on the Bitcoin network was transmitted completely in the clear, without any encryption. That changed in 2024 with the adoption of BIP 324, which introduced the “v2” transport protocol for communication between nodes. This new protocol features opportunistic encryption, making the traffic unreadable to passive adversaries capable of monitoring messages between nodes. Since adding support for it in Bitcoin Core 26.0, and enabling it by default in 27.0, it is now used for the majority of global Bitcoin P2P traffic.
Taking a step back, a Bitcoin node’s primary function is exchanging pieces of information that are fundamentally…
Read more on BitcoinMagazine
CleanSpark Inc (NASDAQ:CLSK) shares tumbled on Thursday, as investors brace for the Bitcoin (CRYPTO: BTC) miner’s first-quarter fiscal 2026 earnings report scheduled for release after the market close today.
Analyst Expectations For Q1 Results
Analysts estimate that CleanSpark will report earnings per share (EPS) of $0.09 for the quarter, according to consensus forecasts. The company’s performance comes amid heightened volatility in cryptocurrency markets that has pressured mining stocks across the sector.
Crypto Market Turmoil Weighs On Sentiment
Bitcoin traded at $67,015.29, down 7.49% over the past 24 hours and declining 20.93% over the past seven days.
The CMC Crypto Fear and Greed…
Read more on Benzinga