Bitcoin price sits at $77,808 inside a falling channel that has held since May 6, with a short squeeze quietly building above current price and long-term holders accumulating underneath. Donald Trump’s May 20 pledge to end the Iran war quickly has already started a small short liquidation cascade in crypto. The mechanics favor Bitcoin moving
Bitcoin price stabilized near the $78,000 level on Thursday as easing geopolitical tensions, slowing ETF outflows, and improving technical indicators helped bulls defend a critical support zone. According to data from crypto.news, Bitcoin ($BTC) traded at $77,960 at press time after touching an intraday high of $78,180. The recovery came as broader risk sentiment improved
Bitcoin hardware wallet maker Foundation has raised $6.4 million in new funding led by Fulgur Ventures as it pushes beyond self-custody into identity, authentication and AI agent authorization. Bitcoin (BTC) hardware wallet manufacturer Foundation has closed a $6.4 million funding round led by Fulgur Ventures, with participation from Arche Capital and other investors, as the
Crypto custody firm Copper is exploring a potential sale at a valuation of roughly $500 million, according to people familiar with the matter, marking a significant strategic shift for the London-based digital asset infrastructure provider. Investment bank Cantor Fitzgerald has reportedly been appointed to advise on the process, as Copper weighs interest from potential buyers
Macquarie Group, the Australian financial services giant, significantly reduced its exposure to spot cryptocurrency exchange-traded funds during the first quarter of 2025, according to a recent filing with the U.S. Securities and Exchange Commission. Details of the ETF Reduction The 13F filing, which discloses institutional holdings of U.S.-listed securities, shows that Macquarie cut its position
Cryptocurrency wallet provider Exodus Movement, Inc. (EXOD) announced it has resumed purchasing Bitcoin, Ethereum, and Solana during April, adding to its corporate treasury after a significant sell-off earlier this year. The company now holds 629 BTC, 1,872 ETH, and 19,234 SOL, signaling a renewed accumulation strategy. Strategic Shift in Treasury Management The resumption of purchases
Binance CEO Richard Teng stated on social media platform X that the tokenization market is nearing a significant inflection point, a development that could reshape how traditional financial assets are traded and managed. Teng cited multiple converging factors that he believes are driving this shift, including clearer regulatory frameworks, expanding institutional participation, the growing adoption
In today’s newsletter, Sarah Cummings from Morgan Stanley Investment Management provides insights and considerations when assessing crypto exchange-traded funds. Then, in “Ask an Expert,” Ryan Tannahill from iA Private Wealth USA, answers questions about borrowing against bitcoin assets. Assessing Crypto ETPs in an Evolving Market When evaluating exchange‑traded funds (ETFs), investors typically focus on factors
While major cryptocurrencies like Bitcoin ($BTC) and Ethereum (ETH) are trending downwards, some altcoins are attracting attention with their upward movements. These altcoins include privacy and quantum-resistant altcoins such as $ZEC, QRL, and STRK. As the downward trend continues in the cryptocurrency markets, Qiao Wang, co-founder of Alliance, shared his noteworthy analysis. Qiao Wang, the
Bitcoin has dipped below $77,000 on Gate, with the $BTC/$USDT pair trading just under the threshold in a muted session. According to market data, the $BTC/$USDT pair is currently priced at $76,998, putting bitcoin just under the $77,000 level. The 24-hour move is marginal, with the pair down 0.03% over the period, indicating essentially flat