Bitcoin fell to 15th place among global assets as technology stocks and new listings dominated the market-cap leaderboard. CompaniesMarketCap data placed the asset below Samsung, Meta, Tesla, Saudi Aramco, and SpaceX. The move came as BTC traded around $63,500, with a market value of about $1.275 trillion. The ranking showed a clear shift in investor
Phong Le, President and CEO of Strategy, the largest institutional investor in the cryptocurrency world, put an end to speculation that the company might be forced to sell Bitcoin. Le stated that the company holds 845,000 Bitcoins, representing approximately 4% of the total supply, and argued that claims of “forced sales” in the market do
Summary Standard Chartered analyst Geoffrey Kendrick says bitcoin has likely set its cycle low at about $59,000, marking the end of the latest crypto downturn. Kendrick argues that heavy selling of spot bitcoin ETFs, partly to free cash for SpaceX’s blockbuster IPO, is likely to ease now that the listing has begun. He says a
Tokyo-listed Metaplanet plans to acquire Siiibo Securities, a regulated online securities platform focused on corporate bond issuance and investment, for ¥2.1 billion, or approximately $13 million, and then rename the business Metaplanet Securities, according to a Friday statement. The transaction is expected to close in August 2026 and forms part of the company’s Project NOVA
Geoff Kendrick, head of digital asset research at Standard Chartered, believes that following the recent sharp pullback in Bitcoin, the market may have largely passed its bottom. According to Kendrick’s assessment, Bitcoin’s decline to around $59,000 marks the weakest point in the cryptocurrency market in recent times. Recalling that the leading cryptocurrency has lost over
A small Bitcoin website launched 16 years ago has returned to the spotlight after crypto accounts marked one of the earliest giveaways in the network’s history. The site, known as the Bitcoin faucet, gave free $BTC to users at a time when the asset had little market value and needed more people to test it.
While the debate continues about whether Bitcoin has reached its bottom after the sharp sell-offs in the cryptocurrency market in recent weeks, André Dragosch, Head of Research at Bitwise Europe, made some noteworthy assessments. According to Dragosch, Bitcoin risks a further 20% drop from current levels, and in the worst-case scenario, the price could fall
Michael Saylor, founder of Strategy, one of the world’s largest institutional Bitcoin investors, has clarified the long-debated “never sell” adage. Speaking at a Bitcoin event in Prague, Saylor stated that the company could sell some of its Bitcoin holdings if deemed necessary, emphasizing that his past statements were directed at individual investors. Responding to criticism
Bitcoin analysts observing the cryptocurrency’s recent behavior think a major move is imminent, but the direction of the move is yet uncertain. Bitcoin’s Symmetric Triangle Renowned cryptocurrency technical analyst, Ali Martinez, says Bitcoin is bound to break out of a symmetrical triangle soon. The analyst highlighted a pattern on Bitcoin’s 4-hour chart, showing how the