Bitcoin Below $65,000, Ethereum, XRP, Dogecoin Fail To Bounce Without Bottom Signals

Bitcoin is attempting to stabilize near $65,000, but extreme fear and weakening technical signals suggest the market has yet to reach a traditional cycle bottom.

Notable Statistics:

Coinglass data shows 126,723 traders were liquidated in the past 24 hours for $358.17 million.

SoSoValue data shows net outflows of $203.8 million from spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net outflows of $49.5 million.

In the past 24 hours, top gainers include pippin, Decred and Ether.fi.

Notable Developments:

Trader Notes: Crypto analyst The DeFi Investor said Bitcoin’s weekly relative strength index has dropped to its lowest reading on record, even below levels seen during the…

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Bitcoin Miner Canaan Buys Cipher’s Texas Stake, Boosts AI Plans

Canaan (CAN) has acquired Cipher Mining Technologies Inc.’s (NASDAQ: CIFR) 49% stake in three fully operational West Texas mining projects, marking a significant step in its strategy to integrate low-cost power with high-performance computing.

The transaction, valued at approximately $39.75 million, according to a note shared with Bitcoin Magazine, was completed entirely through the issuance of Canaan shares, priced at $0.7394 per American Depositary Share (ADS), giving Cipher a meaningful equity position in Canaan.

The assets acquired — Alborz LLC, Bear LLC, and Chief Mountain LLC — operate a combined 120 MW of power capacity and deliver a total of 4.4 EH/s of Bitcoin…

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The Real Reason Why Bitcoin Can’t Even Reclaim $70,000

Bitcoin (CRYPTO: BTC) continues to trade in a tight consolidation band, leaving traders questioning whether downside pressure will persist or if a broader macro shift could ignite the next rally.   

The Regime Is Changing

According to Wintermute Research, Bitcoin is consolidating between $64,000 and $67,000 after several failed attempts to reclaim the $70,000 level.

Price action has increasingly mirrored high-beta technology stocks rather than behaving like a standalone macro hedge.

Liquidity remains thin, derivatives positioning is defensive, ETF flows have turned negative and institutional demand has yet to meaningfully return.

Ethereum (CRYPTO: ETH) briefly slipped below $1,900, with…

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Bitcoin Price Drifts Lower To $60,000 As Market Wanes

Bitcoin’s price has extended its multi‑week corrective phase, sliding below key psychological and technical zones as traders assess both newer economic headwinds and internal market dynamics. 

The bitcoin price moved lower through the weekend and into Monday, punctuating an increasingly cautious market tone.

Bitcoin price first violated the $65,000 support band on Sunday evening, with price action showing a rapid 5 % drop within roughly two hours of trading — a move that brought BTC under $65,000 for the first time in several weeks. 

This decline came amid low liquidity conditions and a lack of clear catalysts to sustain bullish momentum.

The drop was not driven…

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Zuckerberg Tries Again: Meta To Reportedly Revive Stablecoin Until End Of 2026 – Meta Platforms (NASDAQ:META)

Meta Platforms (NASDAQ:META) plans to integrate stablecoins in the second half of 2026 through a third-party vendor—likely Stripe—bringing dollar-pegged tokens to over 3 billion users after the Libra/Diem project collapsed in 2022 amid regulatory scrutiny.

The Comeback Strategy

Meta sent out a request for product (RFP) to third-party firms to help administer stablecoin-based payments and implement a new wallet, Coindesk reported on Tuesday, citing three sources familiar with the plans. 

The tech giant wants to begin integration early in the second half of this year.

Stripe, which acquired stablecoin specialist Bridge last year, was mentioned as a likely candidate for piloting Meta’s…

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Michigan Wants To Pay State Employees In Bitcoin

Michigan State Rep. Matt Maddock has introduced legislation that would allow classified state civil service employees to receive their wages in Bitcoin or other qualifying digital assets, marking what supporters describe as a first-of-its-kind effort to integrate Bitcoin into state payroll systems.

The proposal would amend Michigan’s Payment of Wages and Fringe Benefits Act (1978 PA 390) by adding a new section permitting salaried state employees, beginning Jan. 1, 2027, to choose from three methods of compensation: U.S. currency paid in person at the Department of Treasury in Lansing, direct deposit or electronic transfer to a financial institution, or payment in a digital…

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‘Major Investigation’ On Alleged Crypto Insider Trading To Be Published Thursday

Pseudonymous blockchain investigator ZachXBT announced a new exposé on alleged insider trading to be published on Thursday, with prediction market Polymarket opening markets on which cryptocurrency firm will be exposed.

ZachXBT posted on X that he will release a “major investigation” targeting a profitable crypto business, where multiple employees abused internal data to insider trade over a prolonged period. 

ZachXBT, an anonymous blockchain sleuth, has built a reputation for publishing detailed, evidence-backed investigations. 

His past reports have led to exchange account freezes, fund recoveries, and heightened scrutiny of crypto firms.

The Polymarket Odds

With no company named,…

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Coinbase Launches Stock And ETF Trading For All US Users

Coinbase has opened stock and exchange-traded fund trading to all U.S. customers, expanding beyond digital assets as it pushes to become what it calls an “everything exchange.”

The rollout allows users to buy and sell U.S.-listed stocks and ETFs on the same platform they use for crypto. Trading runs 24 hours a day, five days a week, with zero commission on eligible securities. 

Customers can fund trades with U.S. dollars or the USDC stablecoin and purchase fractional shares starting at $1.

The move builds on a limited equities launch in December and follows the debut of predictions market earlier this month. Together, the products reflect a broader strategy to bring…

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‘Michael Saylor Should Be In Jail’ And ‘Bitcoin Is For Boomers’ Says Ex-Fidelity Star, Who Also Has A Contrarian Take On Tesla – Strategy (NASDAQ:MSTR)

George Noble, who ran the number one mutual fund in America at Fidelity Investments in 1985 returning 79%, went on Steve Eisman’s Real Eisman Playbook podcast and didn’t hold back.

Noble is bearish on Tesla (NASDAQ:TSLA) and Bitcoin (CRYPTO: BTC), while Eisman disclosed he is short Strategy (NASDAQ:MSTR).

Noble also laid out a case for a massive rotation out of tech and into energy.

Saylor And Bitcoin

Noble called Michael Saylor a “carnival barker” and said he “should be in jail,” referencing Saylor’s prior settlement over accounting irregularities.

Eisman then disclosed he is short Strategy stock. The company has cratered from a 52-week high above $457 to around $124 after…

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Coinbase Expands Everything Exchange Ambitions: Equities Trading Live In US – Coinbase Global (NASDAQ:COIN)

Coinbase Stock Trading Goes Live

On Tuesday, Coinbase stock and ETF trading officially kicked off, adding to the company’s recent product expansions like prediction markets.

The company’s stocks and ETFs are available to buy, sell, and manage for U.S. customers. Trading is live 24 hours a day, five days a week.

Coinbase said that over 8,000 stocks and ETFs are available at launch. Some of the stocks and ETFs are available to buy as fractional shares starting as low as $1 with instant funding via USD or USDC (CRYPTO: USDC).

The zero-commission trading can be done within the Coinbase app and with an existing account, creating a “unified portfolio” of equities and cryptocurrencies.

The company…

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