Fundstrat co-founder and BitMine president Tom Lee, known for his bold predictions about Bitcoin and the cryptocurrency market, shared his latest predictions for Bitcoin (BTC) and Ethereum (ETH). Speaking on the YouTube channel Altcoin Daily, Tom Lee said that 2026 could be a strong year for both cryptocurrencies and stock markets. At this point, Lee
Wall Street broker Benchmark said bitcoin’s BTC$86,208.60 price pullback has revived the usual alarms about the survival of bitcoin treasury company Strategy (MSTR), concerns it dismisses as noise that surfaces whenever the cryptocurrency falls. In a report published Monday, analyst Mark Palmer argued that critics are confusing short-term moves with genuine solvency risk, overlooking a
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2722.81, down 7.3% (-213.41) since 4 p.m. ET on Friday. None of the 20 assets are trading higher. Leaders: BCH (-4.8%) and BTC (-5.7%). Laggards: NEAR (-13.8%) and AVAX
Facing questions from critics about its ability to fund dividends on its various classes of preferred stock, Strategy (MSTR) and its Executive Chairman Michael Saylor early Monday announced the formation of $1.44 billion U.S. dollar reserve. The reserve was raised via the sales last week of common stock and the company initially intends to keep
Gold is up nearly 1% on Monday, while risk-on assets such as cryptos and stocks are down amid macro uncertainty. Gold futures contracts are trading at $4,262.35, just 2.95% below their record high of $4,381.44. The precious metal is within $130 of setting a new all-time peak. Bitcoin’s overnight crash has shrunk the total market
Gleec has acquired the entire Komodo Platform ecosystem in a $23.5 million deal, bringing one of crypto’s earliest atomic-swap and cross-chain technology stacks under the umbrella of a licensed financial services provider, the digital asset platform said in a press release on Monday. The purchase includes Komodo’s brand, tech suite, token infrastructure and core developers,
Earlier today, the price of Bitcoin, the leading cryptocurrency, plunged to an intraday low of $85,694, according to CoinGecko data. This comes after the People’s Bank of China (PBOC) vowed to intensify its crackdown on virtual currencies, stressing that cryptocurrency-related activities are considered illegal financial operations. The statement specifically singles out “stablecoins” (cryptocurrencies pegged to
Traders on prediction market Kalshi are turning cautious on Bitcoin near term upside. On December 1, the odds of BTC crossing $100,000 before the end of the year dropped to 36%. That is a sharp fall from earlier confidence levels seen just weeks ago. The drop reflects changing sentiment after recent market weakness. Kalshi contracts