Bitcoin (BTC) fell under $87,000 after Monday’s Wall Street open as sellers liquidated $200 million of BTC longs. Key points: Bitcoin falls as low as $86,625 as a round of distribution accompanies the return of Wall Street. Consensus favors fresh lows before a potential BTC price recovery can take place. Strategy reveals another 10,000 BTC…
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Cryptocurrency ATM operator Bitcoin Bancorp, formerly known as Bullet Blockchain, said it would deploy up to 200 machines in Texas as part of its national expansion strategy. In a Monday notice, Bitcoin Bancorp said the move into Texas, expected in the first quarter of 2026, is part of a strategy to deploy ATMs nationwide. The…
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Business intelligence company–turned–Bitcoin treasurer Strategy significantly expanded its Bitcoin holdings last week, accumulating more of the digital asset amid a broader market slump that weighed on investor sentiment. Strategy announced Monday that it acquired 10,645 Bitcoin (BTC) for $980.3 million, paying an average price of $92,098 per coin. The purchase brought Strategy’s total holdings to…
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Bitcoin’s hashrate fell by about 10% in a single day on Sunday, with Jianping Kong, former co-chairman of Bitcoin mining hardware producer Canaan, attributing it to mining farms shutting down in China’s Xinjiang autonomous region. In a Monday X post, Kong said Bitcoin’s hashrate dropped by about 100 terahashes per second (TH/s) since Sunday. He…
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Key takeaways Tajikistan has criminalized the use of stolen electricity for cryptocurrency mining, introducing fines of up to $8,250 and prison sentences of up to eight years. The move follows an energy crisis in which widespread power shortages and reportedly illegal mining have caused millions in losses and infrastructure damage. The country joins a broader…
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A Bitcoin investor lost his retirement savings to a “pig butchering” scam after ignoring repeated warnings from his advisory firm, according to an account shared by a Bitcoin wealth adviser. Terence Michael, an adviser and author who works with The Bitcoin Adviser, said in a post on X that an unidentified client transferred his Bitcoin…
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Bitcoin (BTC) starts the last full week before Christmas threatening to lose $90,000 support. Bitcoin traders brace for range-bound trading with the price stuck without catalysts. The new year bear flag is causing some to see a bullish outcome for the current BTC price consolidation. CPI and unemployment lead an important week of US macro…
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Global macro analyst Luke Gromen has turned near-term bearish on Bitcoin, even saying that a drop to the $40,000 range is possible in 2026. He argues that the number-one crypto looks vulnerable as macro conditions and investor narratives shift. In a recent appearance on the RiskReversal podcast, Gromen largely stuck by the core debasement trade…
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South Korea’s top financial regulator missed a key deadline to deliver a draft stablecoin bill, as lawmakers and agencies continued to debate who should be allowed to issue the digital tokens. South Korea’s Financial Services Commission (FSC) failed to submit a draft legislative proposal on stablecoin regulation by Wednesday as required by the country’s ruling…
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Strategy chair Michael Saylor has hinted at his firm’s next Bitcoin buy as the markets tanked again late on Sunday, with some observers blaming the Bank of Japan for the selling pressure. Bitcoin (BTC) fell to a two-week low of $87,600 on Coinbase in late trading on Sunday, according to TradingView. The quick Sunday wick…
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