Invest ideasNews
11 Apr 2026, 17:00
Data Puts Bitcoin At Critical Juncture Following $73,000 Reclaim
Prominent market analyst Sminston With shares data showing that Bitcoin is now at a pivotal decision point following a price rally last week. The premier cryptocurrency commenced April on a bullish note, recording a seven-day gain of about 10%, according to CoinMarketCap data. This price surge amid an extended bear market has triggered certain market dynamics that could lead to a deep retrace if the current rally proves unsustainable. Bitcoin Touches CoP Floor – What Comes Next? In an X post on April 10, Sminston With reports that Bitcoin’s price is within the Power Law estimate of the present Cost of Production (CoP). For context, the Power Law (PL) plots Bitcoin’s price on a logarithmic scale, with upper bands representing the overheated zone and lower bands the undervalued zone. Meanwhile, Cost of Production, as the name implies, is the average cost miners incur to produce 1 BTC. It includes factors such as electricity, hardware, and other operational costs. When the price falls below the CoP, miners become largely unprofitable, leading to operational shutdowns. Today's Bitcoin price sits right at, or just barely below, the Power Law estimate of the current cost of production (CoP) floor: $73,234 As lower levels to catch a possible next fall, we have around $60k (1st quantile PL floor), and probably worst case, current CoP est at $53k. pic.twitter.com/7nIzu8NrJK — Sminston With (@sminston_with) April 10, 2026 With Bitcoin now trading around the (CoP), it is said to be at its fair value, i.e., a balance that is neither cheap nor expensive. If Bitcoin were to lose this structural support level, the Power Law chart indicates a steep correction will follow. In this regard, the 1st quantile PL floor lies around $60,000. This would represent a normal correction floor market, driven by weak hands’ exits and steady accumulation by strong hands and long-term holders. In a worst-case scenario where the price fails to hold above this level, it could fall to the lower CoP estimate of $53,000. This is a deep market stress territory accompanied by macro shocks and panic selling among investors. It could also represent another key accumulation zone for long-term holders. Bitcoin Hash Rate Settles Around 873.19 EH/s Bitcoin’s hashrate is currently stabilizing around 873.19 EH/s, according to CoinWarz data . Although the network briefly surged toward the 1.2 ZH/s mark twice over the past week, it has failed to sustain a breakout above this level, a threshold it hasn’t consistently cleared in the last six months, with the previous occurrence dating back to December. At press time, the premier cryptocurrency trades at $72,709, reflecting weekly and monthly gains of 9.03% and 4.13%, respectively.
11 Apr 2026, 17:00
The crypto honeymoon is over for now as analysts warn of a major first-quarter profit squeeze
Several major investment firms have preemptively downgraded Coinbase and other platforms as a sharp drop in trading activity and falling token prices threaten to derail upcoming first-quarter earnings results.
11 Apr 2026, 16:58
$1.6 billion Ether Machine SPAC deal collapses over unfavorable market
The Ether Machine, an ether treasury firm, currently has more than $1 billion in ether in its treasury.
11 Apr 2026, 16:54
Bittensor TAO plunges $67 after Covenant AI exit, sparking governance fears
🚨 Bittensor TAO’s price collapses $67 after Covenant AI quits over centralization fears. Covenant AI accused Bittensor of sidelining community governance and cutting contributor revenue. Continue Reading: Bittensor TAO plunges $67 after Covenant AI exit, sparking governance fears The post Bittensor TAO plunges $67 after Covenant AI exit, sparking governance fears appeared first on COINTURK NEWS .
11 Apr 2026, 16:37
Bitcoin dominance rises to new high as altcoins hit third daily breakdown
Bitcoin dominance jumps to new highs as altcoins log third daily breakdown. 🚨 ETH and major alts continue to underperform with weak technical signals. Critical data: TOTAL3 charts and ETHBTC pairs point to bearish altcoin pressure. Continue Reading: Bitcoin dominance rises to new high as altcoins hit third daily breakdown The post Bitcoin dominance rises to new high as altcoins hit third daily breakdown appeared first on COINTURK NEWS .
11 Apr 2026, 16:33
'Not Going to Stop at Bitcoin': Morgan Stanley Weighs Tokenization, Tax Solutions in Crypto Push
Morgan Stanley’s Amy Oldenburg signaled that the Wall Street giant’s crypto journey has a long way to go.
