Bitcoin News

Analysts said Bitcoin appeared more stable than traditional assets such as gold and oil during recent geopolitical tensions between the US and Iran

According to Alphractal CEO, executives and founders are dumping shares at levels not seen since 2021 in the US stock market.

The company announced the launch of new ATM offerings of up to $21 billion in MSTR common stock, $21 billion in “Stretch” STRC preferred stock, and $2.1 billion in “Strike” STRK preferred stock.

Representatives from the cryptocurrency industry will be meeting with the committee on Monday, and banking representatives will review the deal on Tuesday, according to a Crypto America report.

Michael Saylor-backed Strategy added 1,031 Bitcoin for $76.6 million over the past week, bringing total holdings to 762,099 BTC.

Nasdaq’s Calypso platform, along with Talos’ digital asset system, will deliver a unified market access to the users, according to Bloomberg.

Ethereum, and Solana led gains among the top 10 cryptocurrency by market capitalization on Monday morning.

Bitcoin is hovering near the breakeven zone for its newest buyers: a level it has not been able to sustain for weeks.

Bitcoin derivatives data showed a buildup of short positions in the $70,000 to $75,000 range.

Amidst rising tensions between the US and the Middle East, energy costs rose, and Bitcoin traded near the $ 68,000 level.

Before the market crash on October 10, Garett Jin was connected back to a large crypto whale that opened over $1.1 billion in Bitcoin shorts.

Goldman Sachs and JPMorgan have introduced products that allow hedge fund customers to take bets against private credit due to the strain in the market.

As Ethereum traded above the $2000-level over the last week, multiple OG Ethereum whales resumed buying the asset.

Bitcoin’s price rebounded after briefly falling below $69,000, following a high near $76,000 earlier in the week.

Zebec Network’s native token rose over 5% after confirming a partnership with Stellar Lumes, despite a broader cryptocurrency market decline.

Bitcoin’s decline was more limited than losses in gold and silver prices, which saw sharper drops.

Quant Network’s native token rose more than 11% in the last 24 hours, trading at over $77 on Thursday morning.

Bitcoin’s price has fallen over 4% in the last 24 hours but outperformed gold and silver, which posted steeper losses.

Financial results also showed that Strive Asset Management added another 317 Bitcoin to its balance sheet over the past week.

Bitcoin fell below $70,000 after Brent oil prices hit $119 following attacks on Persian Gulf energy facilities, triggering liquidations worth nearly $588 million.

Bitcoin’s near-term direction is expected to depend on signals from Federal Reserve Chair Jerome Powell, according to analysts.

Bhutan reportedly holds Bitcoin valued between $600 million and $1.3 billion, making 30% to 40% of its GDP.

Both crypto-linked equities ABTC and GLXY fell on Wednesday after Bitcoin’s price fell below $72,000.

Glassnode data showed Bitcoin’s eight-day winning streak was the longest in over two years, last seen in October 2023.

Data from CryptoQuant showed Bitcoin’s correlation with gold has dropped to its lowest level since November 2022.

STRC has a 66% correlation with Strategy’s Class A common stock.

The firm said it was revising its outlook across multiple crypto-linked equities after slashing its 12-month price targets on Bitcoin and Ethereum.

Analysts expect the FOMC meeting to introduce volatility for Bitcoin, with some anticipating a short-term top.

In a recent podcast, Arthur Hayes said the Federal Reserve is unlikely to cut rates in March or any time soon until visible stress starts to appear in traditional markets.

Citigroup lowered its 12-month price targets for Bitcoin and Ethereum, expecting both to remain below their historical highs.

In a post on X, Strategy executive chairman Michael Saylor shared that MSTR’s Bitcoin holdings have clocked a gain of over $1.6 billion so far this year.

Bitcoin’s price slipped more than $2,000 in the last 24 hours as it retraced gains after hitting an intraday high of nearly $76,000.

The discussion followed Palihapitiya sharing a note titled “The Collapse of Terminal Value,” which questioned how AI could reshape the way markets value companies.

Bitcoin’s daily transactions stayed steady in recent months, ranging between about 350,000 and 450,000 per day, Blockworks data shows.

XRP rose about 6.3% over the past 24 hours, outperforming Bitcoin, which gained roughly 3.1%.

Bitcoin traded near $74,000 in midday trading Monday after gaining roughly 2.5% over the past 24 hours.

CEO Scott Buchanan said the company is betting on other avenues, like its recent foray into prediction market, to provide growth.

Before declaring bankruptcy, the company's finances were worsened by ongoing legal battles with Dominion Capital.

Strategy bought its Bitcoin after selling 11.8 million of STRC preferred shares and common stock.

Bitcoin briefly climbed above $74,000 in early trading on Monday before pulling back, leaving the cryptocurrency up roughly 2.1% over the past 24 hours.

CryptoQuant CEO Ki Young Ju says Bitcoin analysts are highly bullish as on-chain indicators improve and demand expands.

Elequin Capital LP, a hedge fund from New York, boosted its investment in Strategy by 134.9% in its third-quarter, per SEC filing.

Crypto-related crimes are rising globally, and CEO Belshe thinks insider access is leading to data breaches and crimes against Bitcoin holders.

Robert Kiyosaki warned that geopolitical tensions, such as instability in the Strait of Hormuz, could drive oil prices higher.

Despite the ongoing geopolitical crisis, on-chain data indicated that large Bitcoin holders had increased activity.

Liquidity shocks may hit Bitcoin first as investors rush for cash, says macro strategist Jordi Visser, but says it could rebound later from it.

Strategy might swiftly close the deficit by buying 40,774 BTC, worth $2.88 billion, at $70,539 per BTC.

Johnson’s criticism comes despite previous links seen between the Johnson-led government and the crypto industry.

Bitcoin’s price gained around 2.9% in the last 24 hours as it crossed $72,000, but Cardano, Dogecoin, Solana, and Ethereum clocked higher gains among crypto majors.

Data from S3 Partners showed short interest in Coinbase has nearly doubled since the start of the year.