Cryptocurrency markets saw another week of consolidation following last week’s long-awaited market recovery. While Bitcoin (BTC) remained above the key $90,000 psychological level, investor sentiment continued to be dominated by “fear,” with a marginal improvement from 20 to 25 within the week, according to CoinMarketCap’s Fear & Greed index. In the wider crypto space, the…
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US-based financial firm Cantor Fitzgerald slashed its price target on Michael Saylor’s Bitcoin-heavy company, Strategy, but kept a bullish stance on the cryptocurrency’s long-term upside, downplaying fears of forced liquidation, according to the Financial Times. Cantor Fitzgerald reportedly lowered its 12-month price target on Strategy stock by 60%, adjusted to $229 from $560, according to…
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The European Commission has proposed expanding the powers of the European Securities and Markets Authority (ESMA) over crypto and broader financial markets in a bid to narrow the competitive gap with the United States. Published Thursday, the package would transfer “direct supervisory competences” for key pieces of market infrastructure, including crypto-asset service providers (CASPs), trading…
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Bitcoin and US dollar–pegged stablecoins are emerging as a global alternative for moving value across borders without banks and card networks, as the Bitcoin network’s settlement volume begins to rival the world’s largest payment giants. Bitcoin (BTC) settled $6.9 trillion worth of payments over the past 90 days, which is “on par with or above…
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Bitcoin may be nearing a make-or-break point as short-term traders sit on the steepest unrealized losses of the current bull cycle. Short-term Bitcoin (BTC) traders who have held BTC from one to three months have been sitting on losses ranging from 20% to 25% for over two weeks, marking the highest pain point of the…
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More big-name financial institutions are opening the door to Bitcoin exposure, signaling a growing institutional appetite for regulated digital asset products. Bank of America, the second-largest US bank, reportedly recommended a 1%–4% cryptocurrency allocation to its wealth management clients through the Merrill, Bank of America Private Bank and Merrill Edge platforms, according to a statement…
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Bitcoin’s latest pullback may already be bottoming out, with asset manager Grayscale arguing the market is on track to break the traditional four-year halving cycle and potentially set new all-time highs in 2026. Some indicators are already pointing to a local bottom, not a prolonged drawdown, including Bitcoin’s (BTC) elevated option skew rising above 4,…
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Bitcoin’s latest pullback may already be bottoming out, with asset manager Grayscale arguing that the market is on track to break the traditional four-year halving cycle and potentially set new all-time highs in 2026. Some indicators are already pointing to a local bottom, not a prolonged drawdown, including Bitcoin’s (BTC) elevated option skew rising above…
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This week, cryptocurrency markets staged a long-awaited recovery, following four consecutive weeks of downside momentum. Bitcoin’s (BTC) price reclaimed the $90,000 psychological mark on Wednesday, bringing some much-needed relief for Bitcoin exchange-traded fund (ETF) holders, who were once again back in profit as BTC traded above the key $89,600 flow-weighted cost basis of ETF buyers.…
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BlackRock’s spot Bitcoin exchange-traded fund (ETF) holders are back in profit after Bitcoin’s recovery above $90,000, an early sign that sentiment may be turning among one of the key investor groups driving the market this year. The holders of the largest spot Bitcoin (BTC) fund, BlackRock’s iShares Bitcoin Trust ETF (IBIT), bounced back to a…
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