Bitcoin News

Bitcoin’s 17-year journey has been a tug-of-war between its decentralized, anti-establishment origins and growing institutional adoption.

CEO Phong Le said that Strategy is expanding its digital credit business internationally, aiming to become a dominant global issuer of Bitcoin-backed credit products.

The broader crypto market saw $860 million in liquidations, led by Bitcoin and Ethereum.

The apex cryptocurrency slipped 1.6% to $109,523.97 at the time of writing, while Ethereum stock fell 2.9% to $3,825.17, and BNB fell 2% to $1,095.67.

In an interview with Bloomberg, Strive CEO Matt Cole noted that Wall Street is beginning to adopt this perspective, with the “debasement trade” emerging as a broader investment strategy.

Bitcoin accounted for roughly $370 million of total liquidations, while Ethereum saw $189 million wiped out.

The overall cryptocurrency market fell 1.4% in the last 24 hours, with more than $500 million in liquidations.

Most retail traders polled on Stocktwits expect the Federal Reserve to cut rates, with 61% expecting a 25-basis-point reduction.

The apex cryptocurrency advanced over 4% to $111,210.66, at time of writing, while Ethereum rose 4.5% to $4,058 and XRP gained 5.2% to $2.47.

The gold bull noted that Bitcoin's price has fallen 34% against gold since reaching its all-time high in August.

Bitcoin was the top trending ticker on Stocktwits on Friday morning, followed by MSTR’s stock and Ripple’s XRP token.

While the GENIUS Act, passed earlier this year, establishes a baseline of permissible reserve assets and supervisory authority, Barr said significant gaps remain.

Glassnode noted that with ETF inflows weakening and volatility spiking, the market is in a “reset phase” and that its recovery hinges on renewed demand.

Stocktwits data showed that the number of traders following the stock rose 1.1% in the past 24 hours, while message volume climbed by 2%.

The apex cryptocurrency was down over 1.7% at $110,673.64 at the time of writing, as per CoinMarketCap data. Ethereum slipped over 3% to $3,999.10, and XRP dipped 3.7% to $2.41.

According to on-chain analysis firm Glassnode, the Bitcoin options markets show net premium concentration between $115,000 and $130,000, suggesting traders remain positioned for upside.

The apex cryptocurrency rose 0.4% to $112,626.22 at the time of writing, as per CoinMarketCap data. Ethereum rose 2,7% to $4,121.13 and XRP rose 1.5% to $2.50.

Celsius had initially sought $4.3 billion, alleging that Tether improperly liquidated 39,542 bitcoins before the expiration of a required 10-hour waiting period in 2022.

The seized Bitcoin is tied to a Cambodian-based forced-labor scam network run by Chen Zhi, a U.K. and Cambodian national, and the founder of Prince Holding Group.

CoinGlass data showed more than $100 million in crypto liquidations over the past hour, compared with $716 million over the previous 24 hours.

Biswarup Chatterjee, Citi’s global head of partnerships and innovation in the services business, told CNBC that the bank has been developing the service for the past two to three years and is making steady progress toward its launch.

The company said it acquired the tokens at an average price of about $123,561 per Bitcoin, bringing its total holdings to 640,250 BTC.

According to on-chain analysis firm Glassnode, Friday’s wipeout after Trump’s tariff threat to China triggered the largest futures liquidation in Bitcoin’s history.

Bitcoin prices rose to $114,776.10, Ethereum prices gained to $4,142.30, while XRP prices stood at $2.54 at the time of writing, according to CoinMarketCap data.

Long traders absorbed the bulk of losses at roughly $450 million, while short liquidations totaled about $40 million.

According to a CNBC report, crypto investments were thus far restricted to clients with aggressive risk tolerance and at least $1.5 million in assets who opted for taxable brokerage accounts.

The firm cited miners’ access to high-density, pre-secured power capacity as a key advantage.

On-chain analytics firm Glassnode said Bitcoin futures open interest remains high, with traders on both sides getting caught in sharp swings as the market undergoes a leverage reset.

Bitcoin was trading at $121,276.67 at the time of writing, while Ethereum dipped to $4,332.97, and XRP fell 0.3% to $2.80, according to CoinMarketCap data.

Ethereum led losses among the top 10 cryptocurrencies by market capitalization, falling as much as 3.2%.

The service helps institutions meet regulatory and operational requirements for storing, trading, and managing digital assets.

Meme token Dogecoin saw the steepest decline among the top 10 cryptocurrencies, falling 4.3% in the last 24 hours.

Bitcoin prices slipped to $121,336.94 after hitting an all-time high of $126,198.07 earlier this week. Ethereum prices dropped sharply to $4,439.67, while XRP found support at $2.85.