Bitcoin Pain Likely Isn’t Over: On‑Chain ‘Realized Price’ Puts the Bear‑Market Floor Near $55K

Bitcoin bounced 1.6% to ~$69.7K, but on-chain data flags a deeper slide. CryptoQuant sees an “ultimate bottom” near $55K, with 4–6 months of basing likely once reached.

TMTG targets Cronos token and a bitcoin ETF-of-ETFs in fresh filings after SEC delay

Trump Media files two new crypto ETF proposals: a Cronos (CRO) single-asset fund and a BTC/ETF ETF. The strategy tests regulatory edges and distribution economics after an SEC delay.

The Daily: South Korean police lose seized bitcoin, Binance France head targeted in failed home invasion attempt, and more

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons. ]]>

CryptoQuant pegs Bitcoin’s ‘ultimate’ bear-market floor near $55K, says capitulation is still ahead

CryptoQuant estimates Bitcoin’s “ultimate” bear-market bottom around $55K and notes capitulation hasn’t occurred yet, with on-chain gauges sitting in a Bear Phase, not Extreme Bear.

Coinbase’s $667M Q4 Loss vs. Its AI-Crypto Bet: Accounting Pain, Product Momentum

Coinbase missed Q4 with $1.78B revenue (-22% YoY) and a $667M loss driven by unrealized marks—yet market share, stablecoin fees, and subscriptions grew as it pushes agentic wallets.

Bessent Says Clarity Act Could Tame Bitcoin Swings as Coinbase Resists Stablecoin Yield Limits

Treasury Secretary Scott Bessent argues the Clarity Act would calm crypto volatility; Coinbase withdraws support over stablecoin yield limits. Prediction markets see a 62% chance by 2026.

Truth Social Funds Seeks BTC-ETH Split ETF and CRO Staking Product, Names Crypto.com as Custodian

Trump Media’s ETF arm filed for a Bitcoin-Ethereum split fund and a Cronos staking ETF, partnering with Crypto.com; DJT closed up ~0.9% at $10.98 but is down ~39% over six months.

Bitcoin ETFs Log $410M in Outflows as Liquidity Rotates to CME and Sentiment Sours

U.S. spot Bitcoin ETFs lost $410M Thursday, with six of the past 10 sessions negative. Capital is shifting to CME derivatives, fueling a “liquidity mirage” and choppy BTC price action.

Bitcoin’s Pop to $69K Looks Fragile as Trend Signals Stay Bearish

Bitcoin rebounded to $69K, but daily trend gauges—ADX 51.3, RSI 35, and bearish EMAs—still favor downside. ETF outflows, fear at 8, and CPI risk keep bulls on a short leash.

Bitcoin Trading CEO Gets 20-Year Sentence for $200M Ponzi: The Trap of “Daily Returns”

A Bitcoin trading firm CEO received 20 years for a $200M Ponzi that pitched 0.5%–3% daily returns. Here’s why “guaranteed yield” narratives in crypto so often collapse.