The price of Bitcoin has taken a hit this year, but its investment thesis hasn’t changed, BlackRock has said. Bitcoin’s price is down nearly 50% since its October record. But investors shouldn’t worry, the world’s largest asset manager has said, and the cryptocurrency still plays a role as “a global monetary alternative.” In a report […]
Schwab strategist Jim Ferraioli said Strategy’s recent preferred stock actions have eased near-term liquidity concerns despite Bitcoin’s decline. Strategy remains under pressure as Bitcoin hovers near $60,000, but recent capital moves have bought the company time, according to Jim Ferraioli, director of crypto research and strategy at the Schwab Center for Financial Research. Speaking on […]
Bitcoin’s drop into the mid-$67,000s — driven by ETF outflows, Mt. Gox movements, geopolitical tension, and Strategy’s first BTC sale in years—triggered an outsized selloff in crypto-linked stocks. Bitcoin fell into the mid-$67,000s on Tuesday, dragging the entire ecosystem of crypto-linked equities with it. Bitcoin shed more than 11% over the past week, crashing below […]
OpenAgents, an open-source artificial intelligence lab building Bitcoin-native infrastructure for machine learning, today announced its graduation from the BitcoinFi accelerator and the close of $1.3 million in pre-seed funding. The company is using the capital to expand Pylon, its distributed compute node that lets people sell spare compute for Bitcoin, and to accelerate work on […]
Crypto users warned as ads push malware-laden crypto apps
The Bitcoin community is divided after core developers released a joint statement on transaction relay policy and use cases amid the ongoing OP_RETURN debate. A collective statement from 31 Bitcoin core developers has sparked a global debate among Bitcoiners after suggesting a hands-off approach to how the Bitcoin network is used, amid ongoing controversy over […]
Bitcoin miners offer a glimpse into potential price upside to come as the historically accurate Hash Ribbons flips green. A historically accurate Bitcoin price metric is flashing green for the third time this year. Miners’ BTC sales have slowed since the start of the year compared to 2024. Profit-taking, while a popular move around all-time […]
Japanese investment firm Metaplanet now holds 7,800 Bitcoin, worth more than $800 million, after it made its second-largest single Bitcoin purchase. Japanese investment firm Metaplanet has made its second-largest single Bitcoin purchase ever, scooping up more than 1,000 Bitcoin as the cryptocurrency came within 3% of its all-time high. Metaplanet said on May 19 that […]
The teenage trio allegedly told the victim they “had his dad and would kill him” if he didn’t fork over the passwords to his accounts. Three teenagers have been accused of kidnapping a man at gunpoint after he was returning from a crypto event in Las Vegas, before driving him an hour outside of the […]
Bitcoin’s failure to hold above $88,000 raises chance of a liquidity grab below the price range lows as long-term holders are showing new signs of accumulation. Bitcoin (BTC) tapped $88,700 this week but has since corrected to just below $87,000 on March 27. The recent rejection from the $88,000 resistance level raises questions about whether […]