Bitcoin fell below US$112k briefly on Tuesday morning but recovered to US$112,857, still down 2.5% for the week alongside other major cryptocurrencies. The market decline triggered US$1.5 billion in liquidations affecting 407k traders, with Ethereum leading the liquidation event at US$342 million in forced closures. The Crypto Fear and GreedContinue Reading
A report published by Deutsche Bank Research Institute suggests Bitcoin is following a similar path to that taken by gold over the past 100 years, resulting in increased adoption and reduced volatility. The report’s authors believe Bitcoin’s increasing adoption and falling volatility will continue and the OG crypto will eventuallyContinue Reading
NBA star Kevin Durant has recovered a long-lost Bitcoin stash purchased on Coinbase nearly a decade ago, with Coinbase CEO Brian Armstrong confirming the successful account recovery. Durant and his manager, Rich Kleiman, had lost access to the account due to forgotten login credentials and two-factor authentication codes, leaving theContinue Reading
Saylor says lower volatility eases institutional entry but may feel “boring” for retail traders. Bitcoin’s price rose nearly 99% in a year; long-term holders influence sideways movement. Strategy develops Bitcoin-backed instruments offering up to 12.7% yield, preparing for broader adoption. Strategy Executive Chairman Michael Saylor has highlighted that Bitcoin’s increasingContinue Reading
IREN’s co-founders, Dan and Will Roberts, have sold one million shares each, cashing out roughly US$33 million apiece after the company’s stock reached all-time highs. The stock’s recent rally, which has seen its share price climb 50% since September 8, follows the news that the company had purchased 9,000 NvidiaContinue Reading
Metaplanet’s Miami subsidiary focuses on Bitcoin income generation and derivatives, led by Gerovich and team. Tokyo’s Bitcoin Japan Inc. manages media, events, and services, supported by the premium Bitcoin.jp domain. The company holds 20,136 BTC (AU$3.55B) and raised ¥212.9B (AU$2.17B) through an international share offering. Metaplanet, Japan’s largest corporate BitcoinContinue Reading
The US Federal Reserve is expected to cut interest rates for the first time in 2025, with economists debating between a 25 or 50 basis point reduction. JPMorgan’s David Kelly warns that rate cuts driven by political pressure could negatively impact stocks, bonds, the US dollar, and cryptocurrencies. Many tradersContinue Reading
Next Technology Holding has filed with the SEC to sell up to US$500 million in common stock, with the proceeds potentially being used for additional Bitcoin purchases. The company, which is China’s largest corporate Bitcoin holder, currently holds 5,833 BTC and is ranked 15th among public treasuries, which now collectivelyContinue Reading
Bitcoin experienced volatility, dropping to US$114,461 before recovering to US$115,626, with analysts watching the crucial US$110k–US$116k support range. The US Federal Reserve is expected to announce its first interest rate cut of the year on Wednesday, with only the size of the reduction remaining uncertain. The US Senate confirmed crypto-friendlyContinue Reading
Strategy, formerly MicroStrategy, has purchased an additional 525 BTC for $60 million, at an average price of $114,562. The company, led by chairman and co-founder Michael Saylor, has an aggressive Bitcoin acquisition strategy that began in August 2020 and has made it the largest public company holder of the asset,Continue Reading
