Tether, the issuer of the USDT stablecoin, has expanded its Bitcoin holdings with a $735 million purchase made in the first quarter of 2025. This latest investment has positioned the company as the sixth-largest Bitcoin holder globally. Details From the Purchase According to data from Spot On Chain, Tether acquired 8,888 BTC, bringing its total...Read More
The NASDAQ-listed largest corporate holder of bitcoin seems unfazed by the asset’s lackluster price performance lately, as it continues to scoop up more. In its latest announcement, company co-founder Michael Saylor said the firm spent almost $2 billion to acquire 22,048 BTC. $MSTR has acquired 22,048 BTC for ~$1.92 billion at ~$86,969 per bitcoin and...Read More
In a blog post on Tuesday, the chief investment officer for the institutional grade Bitcoin ETF issuer wrote: “Two years ago, it was common for Bitwise clients to allocate ~1% of their portfolio to bitcoin and other crypto assets, an amount they could easily afford to lose.” But he’s noticed a big change over the...Read More
In March, corporate treasuries from Virginia to Texas, California, and Japan added Bitcoin to their books as a financial strategy. This is beginning to become a trend with factorable implications for Bitcoin’s price. Bitcoin ETFs on Wall Street flipped back to a streak of decisively positive inflows in March. These are custodial services of on-chain...Read More
Following a successful deployment on the Hoodi testnet, developers are gearing up to launch the Pectra upgrade on the Ethereum mainnet in the next 32 days. According to a tweet by Ethereum developer Terence Tsao, the Pectra upgrade is scheduled to go live on April 30, pending full confirmation at the next developers’ meeting. This...Read More
In the past few trading days, the United States spot Bitcoin exchange-traded funds (ETFs) market has witnessed a positive reversal in investor flows. However, the on-chain analytics firm CryptoQuant says these funds are currently at a critical turning point, especially with BTC’s price reacting to macroeconomic uncertainty. In a series of tweets, CryptoQuant explained that...Read More
Bitcoin has had a wild ride this year. However, Bitwise Chief Investment Officer Matt Hougan sees a major shift in its trajectory. In fact, the exec believes that this is the “best time in history” to buy Bitcoin on a risk-adjusted basis. Bitcoin’s Historic Risks Are Gone In his latest blog post, Hougan reflected on...Read More
From a very favorable ending to the four-year-long lawsuit against the SEC to a potential XRP ETF in the States, Ripple seems to be on a massive roll. However, there’s little impact on XRP’s price, which remains almost 30% away from its all-time high and has failed to make a move in the past few...Read More
The start of the business week was quite positive for bitcoin, as its price jumped by several grand from the weekend stagnation and hit a multi-week peak of just under $89,000. However, it faced immediate resistance at that point and was pushed south to under $87,000 as of now. Here are some of the possible...Read More
The crypto market witnessed a trend reversal during the past week, especially within the United States spot scene. This reversal extended to spot Bitcoin exchange-traded funds (ETF); however, Ethereum products were unaffected. According to data from CoinGlass, spot Bitcoin ETFs recorded inflows every trading day for the past week, while Ethereum ETFs continued seeing outflows....Read More
After the modest BTC purchase announced last week, the Michael Saylor-founded Nasdaq giant is back in its groove as it has allocated nearly $600 million for its latest bitcoin acquisition. Thus, the company is now halfway through the one million bitcoin milestone. $MSTR has acquired 6,911 BTC for ~$584.1 million at ~$84,529 per bitcoin and...Read More
Crypto exchange prices for BTC surmounted months of resistance at $30,000 in Oct. 2023 to support above $60,000 in 2024. Then it hitched its wagon to Trump’s coattails and skyrocketed in Oct. 2024. After that, the world’s premier cryptocurrency hit a historical record high price of $109,000 on Jan. 20, 2025, according to data from...Read More
Bitcoin’s (BTC) prolonged downturn over the last two months has raised speculation about the end of the bull cycle and the onset of a bear market. While several market analysts continue to predict the cryptocurrency’s short-term price trajectory, only on-chain data and metrics can paint a clear picture. A weekly report from the market intelligence...Read More
Since bitcoin (BTC) hit its all-time high (ATH) of $109,000 in mid-January, the leading cryptocurrency has plummeted by roughly 30%. This decline has extended beyond the asset’s price to the network’s open interest. According to data analyzed by the market intelligence platform Glassnode, Bitcoin Futures open interest is seeing a significant decline in speculation and...Read More
The Federal Reserve’s interest rate decisions have become make-or-break moments for crypto markets. Since 2022, when the Fed started aggressively hiking rates to combat runaway inflation, digital assets have mirrored the volatility in traditional markets. Santiment’s latest analysis suggests this correlation isn’t fading soon; if anything, it is becoming the new normal. Interest Rates and...Read More
The entire meme coin market, including its leader, was annihilated in the past few months due to the ongoing broader crash, which pushed the market capitalization south by over $1 trillion. Recall that Dogecoin stood close to $0.5 in early December, then peaked above $0.42 in mid-January but slumped to $0.14 on March 11. Even...Read More
Bitcoin’s price has fallen more than 22% from its all-time high of over $109,000, recorded on January 20, the day of US President Donald Trump’s inauguration. The sharp decline has sparked concerns among investors, with several key technical indicators signaling bearish momentum. The downturn comes as new liquidity inflows slow, which has prompted speculation that...Read More
Last week, gold smashed past the $3,000 mark for the first time in history. Some analysts believe the precious metal’s rally could signal a shift in investor sentiment as global markets brace for economic uncertainty. Why Is Gold Pumping? In a long thread on X, capital markets analysts The Kobeissi Letter highlighted several factors that...Read More
American President Donald Trump made numerous pro-crypto promises during his campaign last year. One of those included establishing a strategic Bitcoin reserve. Earlier this month, he kept his word and signed an executive order to create such an initiative. He also ordered the formation of a Digital Asset Stockpile. The strategic Bitcoin reserve is designed...Read More
American President Donald Trump made numerous pro-crypto promises during his campaign last year. One of those included establishing a strategic Bitcoin reserve. Earlier this month, he kept his word and signed an executive order to create such an initiative. He also ordered the formation of a Digital Asset Stockpile. The strategic Bitcoin reserve is designed...Read More
Analysts at the market intelligence platform CryptoQuant have identified concerning signals from on-chain valuation metrics that suggest bitcoin (BTC) may be at the onset of a bear season. According to a CryptoQuant report, bitcoin’s correction is not unusual in terms of magnitude because such dips have been witnessed in past bull runs. However, the state...Read More
High-risk assets such as tech stocks and crypto have been selling off heavily over the past month or so as Donald Trump’s trade war escalates. However, this could all be part of a “short term pain” masterplan in a strategy that aims to lower inflation and refinance around $9 trillion of US debt by allowing...Read More
Crypto markets are down again today, with total capitalization falling back to $2.8 trillion, which is exactly where it was in March 2024, long before the most pro-crypto administration in history was in the White House. On March 13, Chainlink community liaison Zach Rynes described it as the “most bizarre clown market” he’s ever seen...Read More
The U.S. House of Representatives has passed H.J. Res 25, effectively rejecting the Internal Revenue Service’s (IRS) controversial broker rule. The resolution, which gained overwhelming bipartisan support, aims to protect decentralized finance (DeFi) innovation and prevent regulatory overreach. Taxing Requirement According to the DeFi Education Fund, 292 lawmakers voted in favor of the resolution while...Read More
Crypto markets reacted negatively to last week’s big announcements from the White House regarding the strategic Bitcoin reserve. Not even Trump’s advice to “never sell your Bitcoin” at Friday’s crypto summit was enough to boost the asset back over $90,000, and it has weakened over the weekend. Markets will have key inflation reports to digest...Read More
Bitcoin has started the week deep in the red with a decline of around 5% on the day as it fell to just over $80,000 during early trading in Asia on Monday morning. Analyst and chart guru Peter Brandt identified the completion of a double top chart pattern, with the asset topping out at $108,000...Read More
Crypto market capitalization has lost 18% over the past week, falling to its lowest level since the end of October at $2.75 trillion on Friday. Support lines have been broken, and all gains since the US presidential election in November have been wiped out as a whopping $600 billion has exited the space over the...Read More
The Bitcoin Fear & Greed Index has plummeted to 10, its lowest level since June 2022, signaling extreme fear among investors. Despite the panic, experts suggest this could be a prime moment to buy. Sentiment Crashes as BTC Price Falls The index, which measures market sentiment, fell from 49 last week, considered neutral, to 10...Read More
Bybit suffered a significant security breach last Friday, losing 401K ETH – worth around $1.4 billion – in one of the largest crypto heists in history. The attack has been widely attributed to the North Korea-linked Lazarus Group, a notorious hacking entity responsible for multiple high-profile crypto thefts. Despite the breach, Bybit swiftly replenished its...Read More
Crypto market capitalization is down 8% on the day, plunging below $3.1 trillion on Feb. 25 following a wipeout of almost $200 billion in 24 hours. This is the lowest markets have been since mid-November, obliterating almost all gains since Donald Trump’s election victory. Total cap is now teetering on longer-term support levels, and a...Read More
