Strategy has told investors that Bitcoin would have to collapse to around $8,000 before its crypto holdings no longer cover the company’s net debt, even as paper losses continue to deepen. Summary Strategy holds more than 713,000 BTC acquired at an average of $76,052. Management says debt coverage fails only near $8,000. Current Bitcoin prices…
A senior Bloomberg Intelligence strategist has warned that Bitcoin could face a severe collapse toward $10,000 as global markets show signs of stress similar to past financial crises. Summary A Bloomberg analyst warned bitcoin price could fall toward $10,000. The call is linked to market stress and reduced liquidity. Bitcoin is trading near $63,000 after…
Crypto stocks continued their strong downward momentum, erasing billions of dollars, as Bitcoin and other altcoins slumped. Summary Most crypto stocks are in a strong freefall this year. Coinbase, IREN, MARA, and Strategy have fallen by over 40% from their all-time highs. The decline happened as the crypto market crashed and liquidations rose. IREN, a…
The crypto market continued its recent crash today, Feb. 5, with Bitcoin falling below the key support at $70,000 and the valuation of all coins moving to $2.3 trillion from a record high of over $4.2 trillion. Summary The crypto market crash accelerated on Thursday, with Bitcoin moving below $70,000. Nouriel Roubini, a top economist,…
Bhutan-linked wallets controlled by Druk Holding & Investments (DHI) moved more than 284 bitcoin worth roughly $22 million over the past week, according to on-chain data from Arkham Intelligence. Summary Bhutan-linked wallets moved over $22 million in Bitcoin this week, including a $14 million transfer and an earlier $8.3 million transaction tied to an institutional…
U.S. Treasury Secretary Scott Bessent told lawmakers this week that the federal government lacks the legal authority to bail out Bitcoin or direct banks to purchase cryptocurrencies. Summary U.S. Treasury Secretary Scott Bessent said the federal government has no legal authority to bail out Bitcoin or compel banks to buy cryptocurrencies, ruling out taxpayer-funded intervention…
Bitcoin price has confirmed a bearish inverse cup and handle pattern as institutional demand for the asset waned amidst market uncertainty, and it fell near $70,000. Summary Bitcoin price is down nearly 20% over the past week. Bitcoin ETFs shed $2.9 billion over the past 12 trading days. A bearish inverse cup and handle pattern…
Crypto wasn’t spared from the tech risk-off mood. Bitcoin slid 2.5% to around $73,000 — its lowest level since early November 2024 — officially giving back the entire post-Trump election rally, no receipt required. Strategy Inc. sank 8% to its weakest level since September, while Solana (SOL) and Ethereum (ETH) joined the selloff, falling about…
Binance led January’s proof-of-reserve rankings with $155.6b in assets, far ahead of OKX, Bybit, and smaller rivals, highlighting a tiered exchange reserve structure. Summary Binance ranked first in CoinMarketCap’s January 2026 reserve report with $155.6b in assets, the largest proof-of-reserve stack among major exchanges. OKX and Bybit formed a second tier of reserve holders, while…
Crypto winter since Jan 2025, masked by ETF demand, now nearing late-stage exhaustion. Summary wise CIO Matt Hougan labels current market a full crypto winter starting January 2025, not a standard correction. Institutional buyers, including ETFs and digital asset treasuries, snapped up over 744,000 BTC, cushioning prices yet failing to reverse declining sentiment. Hougan points to history,…
