Bitcoin (BTC) and altcoins started the new week higher. Expectations and news of the end of the nearly 40-day US government shutdown were instrumental in this rise. While the uncertainty regarding the FED’s interest rate decision is expected to disappear with the end of the market shutdown and the rise is expected to continue, CoinShares
Japan’s largest financial institution, Mitsubishi UFJ Financial Group (MUFG), has increased its holdings in MicroStrategy (MSTR). It reaffirms growing institutional confidence in the Bitcoin linked software firm. According to recent SEC filings, Mitsubishi UFJ Asset Management Co. Ltd., the asset management arm of MUFG. It raised its stake in MicroStrategy by 15.9% during the second
Binance founder Changpeng “CZ” Zhao has cautioned users against purchasing social media accounts that he follows. Saying he will unfollow any account discovered to have been sold. The warning came after growing reports that X (formerly Twitter) accounts followed by CZ. Traders were trading those for thousands of dollars due to the influence attached to
WLFI, the native token of the Trump family’s DeFi project World Liberty Financial, surged 29% to $0.158 in the last 24 hours, as the U.S. Senate advanced a bipartisan plan to end the longest government shutdown in history. The WLFI tokens is currently trading 53.5% below its all-time high of $0.46, ranking as the 43rd-largest
By Omkar Godbole (All times ET unless indicated otherwise) The cryptocurrency market received a threefold boost, nudging bitcoin BTC$105,940.05 toward a key test of a former support-turned-resistance zone above $106,000. What happens afterward could set the tone for the next major leg in the cycle. Optimism was first sparked by a Truth Social post from
While most cryptocurrency investors welcomed the market recovery following the potential end of the US government shutdown, some short sellers were caught off guard by the rebound. The crypto market recovery saw popular high-leverage trader James Wynn’s main Hyperliquid account liquidated multiple times during the past 24 hours, with his wallet’s value sinking to just
Cryptocurrency investment products faced heightened selling pressure last week as crypto funds recorded a second consecutive week of outflows amid ongoing negative sentiment in the markets. Crypto exchange-traded products (ETPs) saw $1.17 billion in outflows last week, up around 70% from $360 million recorded the previous week, CoinShares reported Monday. CoinShares’ head of research, James
Bitcoin price today trades near $106,239, recovering from last week’s breakdown below the multi-month ascending trendline that supported the entire 2025 advance. Sellers drove price into the $100,000 to $98,500 demand zone, where buyers defended the level aggressively. Risk sentiment improved following Donald Trump’s latest remarks indicating the U.S. shutdown could end soon. Buyers Attempt
QCP Capital reported in its market assessment published today that Bitcoin has held above the $100,000 level in recent days thanks to optimism about a possible budget deal from the US government. QCP Capital: Bitcoin Holds Above $100,000, Market Supported by Expectations of US Government Deal The company noted that Bitcoin struggled to surpass this
Bitcoin and the broader crypto market have bounced on growing speculation that the prolonged U.S. government shutdown may be nearing its end, a development analysts say could restore risk appetite and unlock fresh liquidity. The top cryptocurrency climbed 4.4% over 24 hours to an intraday high of $106,491, lifting the total crypto market capitalization by