Shares of Strategy (MSTR) are down about 3.6% today, weighed by a slide in Bitcoin. The broader crypto market is under pressure. Bitcoin slipped roughly 2% over the past 24 hours, retreating from recent highs. That drop is rippling into crypto-linked equities — Strategy is one of the most exposed. Strategy (MSTR) is currently trading
Peru’s banking regulator has authorized a pilot crypto platform, marking the country’s first regulated foray into digital assets. The project, dubbed Cryptococos, will allow select clients of Banco de Crédito del Perú (BCP) to buy and hold Bitcoin and USDC under BitGo’s custody. To participate in the pilot, users must register, prove a minimum banking
Despite several major catalysts, Bitcoin’s price fell from its all-time high, reaching critical support. Summary Bitcoin’s price is falling despite record ETF inflows and adoption Stocks and gold have fared much better compared to BTC this week Still, declining confidence in the dollar may boost Bitcoin and gold Bitcoin’s price is slowing, despite record ETF
Key Takeaways Grayscale has partnered with Figment to introduce staking features for its Ethereum and Solana investment products. The partnership enables Grayscale’s clients to earn staking rewards through technical infrastructure provided by Figment. Grayscale, a digital asset manager, has partnered with Figment, an institutional staking services provider, to enable staking features for its Ethereum and
Bitcoin (BTC) state, following its new all-time high of $126,000, is facing tests from profit-taking and elevated leverage. As Glassnode reported on Oct. 8, mid-tier holders that have accumulated between 10 and 1,000 BTC have driven demand over recent weeks, while whale distribution has eased since earlier this year. The Trend Accumulation Score shows that
Fed Chair Jerome Powell avoided discussing monetary policy during his Oct. 9 Community Bank Conference remarks, supporting Bitcoin’s continued advance toward $150,000. Matt Mena, Crypto Research Strategist at 21Shares, stated in a note that this was a “strategic omission” by Powell. He characterized the narrow focus as “effectively a green light for risk assets” because
On Thursday, October 9, the co-founder and former CEO of Binance, Changpeng Zhao (CZ), made remarks on the latest adjustment made to the BNB Chain, emphasizing the extent to which the network fee has been reduced this year. In a statement that has stirred debates across the crypto community, Binance’s CZ revealed that the BNB
Key Takeaways Bitcoin’s brief dip to $120K triggered over $120 million in liquidations, led by Bitcoin, Ethereum, and Solana positions. Analysts describe the pullback as a healthy correction before potential continuation of the uptrend. Bitcoin pulled back to the $120,000 level today, triggering over $120 million in liquidations across major crypto assets within the past
Grayscale is exposing a problem of staking large reserves of ETH – the waiting time to stake the tokens is growing fast. Grayscale is trying to open its ETP to staking, preparing to deposit up to 300,000 tokens. Grayscale is performing a stress test on whether Ethereum ETF can also add staking. The investment company
A bill intended to establish a Bitcoin strategic reserve for the US state of Massachusetts received a tepid response after its first legislative action in eight months. In a Tuesday hearing of the Massachusetts legislature’s Joint Committee on Revenue, state Senator Peter Durant testified regarding the bill he sponsored, “an Act relative to a Bitcoin