Bitcoin&#8217;s bearish structure over the past few weeks has raised clear concerns 
about the flagship cryptocurrency’s future. Amid these concerns are 
speculations concerning its trajectory, some of which point to bottoms as low 
as $25,000. However, an on-chain analyst recently took to the social media 
platform X to explain why Bitcoin’s fall to $25,000 is an unlikely scenario in 
its current cycle. Electrical Cost Model Points To Potential Bitcoin Bottom In 
a June 6 post on X, crypto analyst Ted Pillows implied that the Bitcoin price 
might see further declines before a definitive bear market bottom is 
established. This conjecture is based on the Bitcoin Electrical Cost model. 
For context, the model estimates Bitcoin&#8217;s fundamental production costs by 
measuring the electricity required to mine new BTC. Because mining operations 
tend to consume substantial amounts of energy, the metric is often used as a 
proxy for Bitcoin&#8217;s inherent value. This is because it represents the minimum 
price at which miners can sustainably operate over the long term. Related 
Reading: Analyst Who Predicted the Bitcoin Crash Says Price Could Reach 
$40,000, Here’s When In line with historical data, Pillows explained that 
Bitcoin bear markets have never fallen below this Electrical Cost, despite the 
severe drawdowns seen during these periods. On the contrary, bear markets have 
often found bottoms near this crucial price level. Pillows pointed out that 
Bitcoin&#8217;s current Electrical Cost sits at approximately $48,694 — a threshold 
still somewhat far from Bitcoin&#8217;s current market price. According to the 
analyst, this suggests that the BTC price could find support near $50,000 if 
the current downturn continues. However, Pillows highlighted a caveat in this 
analysis, stating that it would take an extraordinary global event for this 
support zone to be broken. In the event that the world is hit by a recession 
or a pandemic as severe as COVID, the Bitcoin price could temporarily fall 
below its estimated production cost due to panic-driven sales. Silent BTC 
Accumulation On Binance Underway As Outflows Steadily Climb In a Quicktake 
post on CryptoQuant, analyst CryptoOnchain highlighted an interesting 
contradiction ongoing within the Bitcoin market. According to the on-chain 
analyst, BTC accumulation events have been underway on Binance. The analyst 
noted that technical indicators — notably, the RSI (14) and the EMA50/200 — 
are telling a clearly bearish story. RSI readings, for example, have fallen to 
extreme levels near 6.4, and the EMA50/200 currently displays a “Death Cross” 
pattern. At the same time, Binance’s Exchange Netflows reads as negative 
(-0.58σ), indicating that Bitcoin is leaving Binance consistently—an event 
that further suggests its holders are accumulating BTC rather than simply 
panic-selling. But then CryptoOnchain explained that the unignorable threat of 
a long squeeze still looms, given the high Open Interest. As of this writing, 
the price of BTC stands at around $602,388, reflecting an almost 3% jump in 
the past 24 hours. Related Reading: Bitcoin Testing A Critical Support After 
Sharp Market-Wide Selloff Featured image from iStock, chart from TradingView

Bitcoin&#8217;s bearish structure over the past few weeks has raised clear concerns about the flagship cryptocurrency’s future. Amid these concerns are speculations concerning its trajectory, some of which point to bottoms as low as $25,000. However, an on-chain analyst recently took to the social media platform X to explain why Bitcoin’s fall to $25,000 is &#8230;

Bitcoin’s “Electrical Cost” Suggests Possible Bear Market Floor Near $50,000 — Analyst

Accelerated AI adoption in national security could enhance defense 
capabilities but raises concerns about ethical use and international AI 
competition.
The post White House accelerates AI development for national security 
applications appeared first on Crypto Briefing.

Accelerated AI adoption in national security could enhance defense capabilities but raises concerns about ethical use and international AI competition. The post White House accelerates AI development for national security applications appeared first on Crypto Briefing.

White House accelerates AI development for national security applications

Brazil&#8217;s panda bond issuance could set a precedent for emerging markets 
seeking to diversify debt portfolios and reduce dollar dependency.
The post Brazil plans first panda bond issuance during June China visit 
appeared first on Crypto Briefing.

Brazil&#8217;s panda bond issuance could set a precedent for emerging markets seeking to diversify debt portfolios and reduce dollar dependency. The post Brazil plans first panda bond issuance during June China visit appeared first on Crypto Briefing.

Brazil plans first panda bond issuance during June China visit

Marvell&#8217;s S&amp;P 500 inclusion boosts its market visibility and investor 
interest, potentially impacting its stock volatility and AI sector influence.
The post Marvell Technology to join S&amp;P 500 after passing profitability test 
appeared first on Crypto Briefing.

Marvell&#8217;s S&amp;P 500 inclusion boosts its market visibility and investor interest, potentially impacting its stock volatility and AI sector influence. The post Marvell Technology to join S&amp;P 500 after passing profitability test appeared first on Crypto Briefing.

Marvell Technology to join S&amp;P 500 after passing profitability test

The predicted AI IPO wave could significantly alter market dynamics, reshaping 
investment strategies and elevating tech sector valuations globally.
The post Coatue Management&#8217;s Thomas Laffont outlines AI IPO wave, predicts 
trillion-dollar valuations for OpenAI, Anthropic, and SpaceX appeared first on 
Crypto Briefing.

The predicted AI IPO wave could significantly alter market dynamics, reshaping investment strategies and elevating tech sector valuations globally. The post Coatue Management&#8217;s Thomas Laffont outlines AI IPO wave, predicts trillion-dollar valuations for OpenAI, Anthropic, and SpaceX appeared first on Crypto Briefing.

Coatue Management’s Thomas Laffont outlines AI IPO wave, predicts trillion-dollar valuations for OpenAI, Anthropic, and SpaceX

Decentralized finance has gotten a lot safer over the past six years, and a 
new review of protocol losses from 2020 through 2025 puts a pretty large 
number behind that claim. Industry-wide DeFi losses peaked at $2.62 billion in 
2022 and fell roughly 80% to $534 million by 2024. Bridge hacks that once 
produced billion-dollar […]
The post DeFi’s old hack vectors are fading &#8211; But the new risk can hit six 
chains at once appeared first on CryptoSlate.

Decentralized finance has gotten a lot safer over the past six years, and a new review of protocol losses from 2020 through 2025 puts a pretty large number behind that claim. Industry-wide DeFi losses peaked at $2.62 billion in 2022 and fell roughly 80% to $534 million by 2024. Bridge hacks that once produced billion-dollar &#8230;

Bitcoin’s “Electrical Cost” Suggests Possible Bear Market Floor Near $50,000 — Analyst

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