Although Bitcoin (BTC) fell below $100,000 in November, it experienced a rapid recovery. However, Bitcoin is showing signs of fatigue and weakness despite trading above the psychological $100,000 level. While many reasons were cited as the reason for this weakness, Wintermute cited Bitcoin’s high correlation with the Nasdaq. At this point, Wintermute analyst Jasper De
Grayscale Investments filed an S-1 form to the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering (IPO) of its common stock. Grayscale noted that the number of shares to be registered and the proposed price range for the offering have not yet been determined. The company stated that the offering
RISE, an Ethereum layer-2 network focused on high-speed performance, is repositioning itself as a “foundation of global onchain markets” with the debut of RISE Markets and RISEx, the company announced Thursday. The shift marks a step in RISE’s evolution from a high-performance execution layer into the foundational engine for global onchain trading. With RISE MarketCore,
It’s another milestone for Bitcoin BTC$102,761.24, which apparently for the first time has arrived on a central bank balance sheet. The Czech National Bank (CNB) on Thursday announced the creation of a $1 million test portfolio that includes bitcoin, a USD stablecoin, and a tokenized deposit. Approved by the bank board on Oct. 30, the
By Omkar Godbole (All times ET unless indicated otherwise) The word “solana” in Spanish means sunshine or sunny place, and that’s a perfect description for exchange-traded funds (ETFs) based on the programmable blockchain Solana’s native token, sol SOL$156,34. Investors have been channeling funds into U.S.-listed spot SOL ETFs even as they withdraw capital from their
The US government shutdown, which has been in effect for more than 40 days since the beginning of October, has finally come to an end. US President Donald Trump has officially signed a temporary funding bill to end the federal government shutdown, ending the longest government shutdown in history at 43 days. With the government’s
Bitcoin price is showing signs of exhaustion as it reacts more strongly to Nasdaq losses than rallies. Summary Bitcoin falls harder than Nasdaq gains, showing a bearish skew. Capital rotation to tech and weaker crypto liquidity amplify downside risk. Key support is $98K, resistance $107K, with mixed momentum signals. Bitcoin is showing signs of fatigue
Ripple is making one of its boldest moves yet, committing a massive $4 billion to expand its financial infrastructure and strengthen its Ripple stablecoin initiative. The investment will drive new product development in prime brokerage, custody, and treasury management, aiming to connect traditional finance with the digital asset world. This marks Ripple’s transition from a
Emory University, a private research university in the US state of Georgia, has doubled down on its bullish Bitcoin play in Grayscale Investments BTC exchange-traded fund (ETF). Emory boosted its holdings in the Grayscale Bitcoin Mini Trust ETF to over 1 million shares, valued at about $51.8 million, according to the quarterly Form 13F report
Strategy (formerly MicroStrategy) founder Michael Saylor has broadcasted many dubious claims over the years, but this week’s likening of MSTR to “digital treasuries” might take the cake. At first glance, Saylor’s tweet might mislead some into believing that he referred to MSTR as a type of treasury bond — as in a US Treasury. However,