‘Realistic’ Bitcoin Bear Market Analysis Means The Bottom Is Not Yet In, Analyst Warns

In an Apr. 12 podcast, Cowen outlined a realistic scenario based on historical cycles.

He said Bitcoin could decline about 70% from a potential peak near $126,000, with a temporary pause after a roughly 50% drop before reaching a final bottom later in the cycle.

Such drawdowns align with past corrections of 70% to 80% and reflect a weakening macro backdrop, including a late-stage business cycle and possible recession.

By contrast, the doomer view involves a more severe and prolonged downturn tied to broader stock market weakness.

In that case, even a 70% decline may not mark the bottom, with Bitcoin potentially falling below key levels, such as ETF launch prices, and taking longer to…

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Capital B Buys More Bitcoin, Expands Treasury To 2,925 BTC After Debt Conversions And Equity Raise

Capital B has strengthened its profile as a listed Bitcoin Treasury Company after converting key debt instruments, raising fresh equity, and deploying part of the proceeds into additional bitcoin. 

The group now holds 2,925 BTC with an acquisition value of €269.4 million, at an average cost of €92,096 per bitcoin.

The company confirmed the purchase of 37 BTC for €2.3 million, at a reference price of €60,892 per coin, as part of its ongoing Bitcoin Treasury strategy. This lifted the year‑to‑date “BTC Yield” to 1.25%, with a “BTC Gain” of 35.3 BTC and a “BTC € Gain” of €2.2 million since the start of 2026. Quarter‑to‑date, BTC Yield stands at 0.53%, with…

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Bank Lobby Fires Back At White House Over Stablecoin Study

The American Bankers Association is warning that the White House’s latest stablecoin study is asking the wrong question and underestimating the threat to community banks.

On April 8, the Council of Economic Advisers released a 21‑page paper modeling what happens if payment stablecoin issuers are barred from paying yield. The analysis, tied to the 2025 GENIUS Act’s prohibition on interest for payment stablecoins, finds that banning yield would raise bank lending by only about 2.1 billion dollars, or roughly 0.02% of a 12 trillion dollar loan book. 

The report also estimates that consumers would forgo around 800 million dollars in returns, producing a cost‑benefit ratio of 6.6…

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Tom Lee Sees ‘Mini Crypto Winter’ Ending As Bitmine Buys 71,524 ETH – BitMine Immersion (NYSE:BMNR)

Bitmine Immersion Technologies (NYSE:BMNR) acquired 71,524 ETH last week, bringing total holdings to 4.875 million ETH representing 4.04% of total supply.

The ETH Accumulation

Bitmine now owns 4.04% of the total ETH supply of 120.7 million coins. That puts the company 81% of the way to its “Alchemy of 5%” target in just 9 months. 

Last week’s 71,524 ETH purchase marks the highest buying pace since late December.

“Bitmine has maintained the increased pace of ETH buys in each of the past four weeks, as our base case is ETH is in the final stages of the ‘mini-crypto winter,’” said Chairman Tom Lee.

The Staking Revenue

Bitmine has put 3.334 million ETH into staking, which equals $7.4…

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SEC Opens Limited Broker Exemption Path For Crypto Trading Interfaces

The U.S. Securities and Exchange Commission has issued new staff guidance indicating that certain user-facing interfaces involved in crypto securities trading may not be required to register as broker-dealers, provided they meet a strict set of conditions designed to limit discretion, influence, and conflicts of interest.

In a statement released by the Division of Trading and Markets of the U.S. Securities and Exchange Commission, the agency outlined a framework under which websites, mobile applications, and browser-based tools that facilitate blockchain-based trading could operate outside traditional broker registration requirements for a limited period.

The guidance applies…

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Bitcoin Needs To Close A Week Above $71,000 And The Rally Is On, Analyst Says

Bitcoin (CRYPTO: BTC) traders are closely watching whether the asset can reclaim key technical levels amid ongoing macroeconomic uncertainty.

Key Levels In Focus

In the latest Technical Roundup podcast, trader DonAlt said Bitcoin’s most important level remains a weekly close above roughly $71,000.

He noted that such a move would strengthen the case for a sustained breakout.

The previous attempt to break higher failed amid geopolitical volatility.

A second attempt is now underway, but DonAlt said consecutive failed breakouts are uncommon.

Holding above this level would likely signal further upside.

If confirmed, the next major resistance sits near $82,000. Failure to hold current levels could…

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XRP Drops 35% In 3 Months: What Is Going On?

XRP (CRYPTO: XRP) has fallen about 35% over the past three months and roughly 63% over the past nine months, as sentiment in the market turns increasingly negative.

Despite the decline, analysts say extreme fear conditions could set the stage for a short-term relief rally.

Sentiment Turns Deeply Bearish

Data from Santiment shows XRP sentiment has reached one of its most bearish readings in the past two years, ranking among the highest levels of fear, uncertainty and doubt (FUD).

Historically, such extreme pessimism …

Full story available on Benzinga.com

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Bitcoin Faces Selling Above $70K, Wall Street Looks Bullish

The S&P 500’s latest rebound has drawn a cautiously bullish response from major Wall Street firms, with Morgan Stanley and JPMorgan Chase both signaling confidence that the recent correction may be nearing its end.

Morgan Stanley strategist Michael Wilson said the market’s recovery from its recent lows — about 7% off the trough — was holding at critical technical support levels, suggesting downside momentum may have run its course.

Wilson pointed to stronger-than-expected earnings growth, now tracking at roughly 15% on current reports and projected to climb more than 20% on a forward basis, as proof that equities still rest on a sound fundamental base. His team advises…

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Why Iran Wants Bitcoin For Safe Passage Though The Strait Of Hormuz

Iran’s grip over the Strait of Hormuz, one of the most important oil maritime transit choke points, remains firm. FT reported last week that Iran intends to charge a toll for passing, and Bitcoin was named the currency of choice. Here’s why this surprising turn of events has been predicted by Bitcoiners for over a decade.

On April 8, FT published a report titled “Iran demands crypto fees for ships passing Hormuz during ceasefire,” except it wasn’t crypto, it was Bitcoin. The report covered developments during the current two-week ceasefire in the war between the United States, Israel, and Iran, specifically over the Strait of Hormuz, which pre-war saw 20% of global oil flow…

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LATEST: Digital Asset Investment Products Record 1.1 Billion Inflows Last Week Strongest Since January

Digital asset investment products recorded $1.1 billion in net inflows last week. This marked the strongest weekly inflow since January, according to CoinShares’ latest report.

Bitcoin led the gains with about $871 million, making up nearly 80% of the total. Ethereum saw $197 million in inflows, while XRP added $19 million. The US accounted for the vast majority of flows. Short-Bitcoin products also saw inflows of around $20 million.