Michael Saylor continued his dollar-cost averaging last week, even as Bitcoin tumbled to its lowest level since 2024 and losses soared. Summary Strategy continued its Bitcoin accumulation as its unrealized losses rose. The company bought 1,142 coins last week, bringing its total holdings to 714,644. Wall Street analysts are highly bullish on the MSTR stock….
Skeptics say ‘Zero-Dollar Bitcoin’ as a new selloff revives brutal questions about utility, cash flows, and whether confidence alone can sustain its price/ Summary Commentators Buck Sexton and Richard Farr argue Bitcoin has no long-term value, no “fundamental floor,” and has failed as either money or a hedge. Critics frame Bitcoin as a reflexive high-beta…
The FDIC will pay $188,440 and revise its disclosure rules after a Coinbase FOIA lawsuit exposed “pause letters” telling banks to curb or halt crypto services. Summary The FDIC settled Coinbase’s FOIA suit by agreeing to cover $188,440 in legal fees and update how it handles bank supervision documents tied to crypto. Courts found the…
MicroStrategy (MSTR) stock is back on traders’ radars heading into the new week after it surged roughly 26% in Friday’s session, a sharp rebound that followed weeks of downside pressure alongside Bitcoin’s pullback. Summary MSTR stock surged roughly 26% on Friday, rebounding sharply from recent lows as Bitcoin stabilized after weeks of downside pressure. Michael…
Crypto market sentiment collapses as CoinMarketCap’s Fear and Greed Index crashes to 9, signaling deep anxiety despite Bitcoin and majors stabilizing. Summary CoinMarketCap’s Crypto Fear and Greed Index has dropped to 9, near its yearly low of 5 on Feb. 6, marking sustained “Extreme Fear” across the market. The index blends price momentum, BTC/ETH volatility,…
Bitcoin price rebounded to an intraday high of $71,850 on Monday after it reclaimed the $70,000 psychological support amid a spike in short liquidations and a fresh macro catalyst. Summary Bitcoin price rallied to nearly $72,000 on Monday morning. Bitcoin ETFs ended their 3-day outflow trend with $371 million in inflows. Technical indicators hint at…
South Korean crypto exchange Bithumb said it has recovered nearly all of the Bitcoin mistakenly distributed during a promotional error that briefly disrupted prices on its platform earlier this month. Summary Bithumb says it has recovered about 99.7% of Bitcoin mistakenly distributed during a reward event error. The exchange used its own funds to reconcile…
Bitcoin faces a theoretical security risk from future quantum computers, but the threat is manageable and not imminent, according to a new research note from digital asset manager CoinShares. Summary CoinShares says quantum computing poses a real but distant risk to Bitcoin, not an immediate security threat. Only a small share of Bitcoin’s supply, mainly…
Social media mentions of crypto “crash” spiked when Bitcoin fell to $60,000 on February 5, causing an immediate price rebound according to Santiment data. Summary Santiment data shows “crash” mentions spiked as Bitcoin hit $60K on Feb. 5. BTC rebounded 13% to $67K as panic selling marked a local bottom. Arthur Hayes links the selloff…
Bitcoin ETFs recorded $330.67 million in net inflows on February 6, ending a three-day outflow streak that drained $1.25 billion from products. Summary Bitcoin ETFs recorded $330.7M in inflows on Feb. 6, ending a $1.25B outflow streak. BlackRock’s IBIT led with $231.6M as BTC rallied 6.6% above $70,000. Ethereum ETFs diverged with $21.4M in outflows,…
