Canadian billionaire Frank Giustra has once again taken aim at the Bitcoin maximalist movement. SkyBridge Capital founder Anthony Scaramucci and Strategy’s Michael Saylor are the most recent targets to come under fire. The Mark Twain warning Earlier today, Scaramucci took to social media to make it clear that he continues to ride with Saylor. Giustra
Hong Kong-listed company CIMG has acquired 208 Bitcoin, valued at approximately $13.5 million, according to a report by Bitcoin Magazine. The purchase adds to a growing trend of publicly traded firms in Asia diversifying corporate treasuries with digital assets. Details of the Acquisition The transaction, executed at an average price of roughly $64,900 per Bitcoin,
As global demand for bitcoin investment products weakens and redemptions accelerate, the annual net inflow figure has once again slipped into negative territory. Norwegian digital asset research and brokerage firm K33 reports that this indicator entered the red for the first time since November 4, 2023. Meanwhile, the price of bitcoin has fallen 6% for
Bitcoin ($BTC) has fallen 3% over the past 24 hours, trading into a dense buy-side liquidity zone after slipping below $61,000. More than $525 million in buy bids initially stacked between $60,500 and $61,500 created a key area of demand as liquidation risk builds on both sides of the market. $BTC’s orderbook data shows concentrated
In brief 21Shares predicted that Bitcoin’s four-year cycle would fall in 2026, but conceded that it hasn’t yet. The firm indicated the market cycle has changed, however, pointing to a less severe drawdown and no complete capitulation as $BTC trades below $60,000. It also forecasted significant growth for crypto ETF assets under management (AUM) and
Bitcoin ($BTC) hit new two-week lows at Wednesday’s Wall Street open as traders predicted a rally to a “poor” lower high. Key points: Bitcoin price action edges closer to range lows, which traders still see holding. A relief bounce should enter soon, they say, with targets closer to $70,000. US-Iran peace progress has little bullish
The cryptocurrency world has entered a critical juncture that will determine the market’s direction in the next 48 hours. According to recent analysis by industry leader Dan Gunsberg, Bitcoin is facing both record volatility in the spot ETF market and massive expiration pressure in the derivatives market. The biggest short-term catalyst in the market could
Benjamin Cowen, founder of Into The Cryptoverse, a popular analytics platform in the cryptocurrency world, assessed Bitcoin’s current downward trend and how far the price could fall in light of macroeconomic data. According to Cowen, historical cycles and macroeconomic indicators suggest that Bitcoin has not yet reached its ultimate bottom. The renowned analyst, focusing on
Bitcoin price is trading near $61,500 today, extending a decline that has erased more than half its value since the token hit a record high in October 2025. The sell-off is rippling through publicly traded crypto companies, where losses have at times outpaced Bitcoin itself. The token fell to $61,877 earlier this week — its