Bitcoin drops 31% as investor belief weakens and risk sentiment fades. Fed uncertainty, regulation stalls, and ETF outflows deepen BTC’s slide. Long-term holders take profits, marking a shift from prior Bitcoin crashes. Bitcoin has tumbled sharply from its recent record highs, with strategists at Deutsche Bank pointing to a weakening in investor conviction as a
Revolut, a global leader in the fintech sector, has announced the completion of a significant fundraising round that brings its valuation to $75 billion. This operation, marking one of the most important in the European financial landscape, consolidates the company’s position as one of the most valuable private entities in the world in the digital
Vaultz bitcoin custody took a significant step forward as the company confirmed it has completed onboarding with Xapo Bank for its digital asset reserves. Summary What does the new Vaultz and Xapo Bank onboarding involve? How does this fit into Vaultz’s multi custodian strategy? Why is bitcoin treasury management central to Vaultz’s strategy? How does
Jack Mallers said on Sunday that JPMorgan shut down all the accounts he held with the bank in September, with no warning and no clear reason, only a letter that claimed “concerning activity” had been found during routine monitoring. Jack said every attempt to get answers led him to the exact same line: “We aren’t allowed
Rumble (RUM), a video-sharing platform with growing cloud computing and crypto ambitions, surged 13% on Monday as major shareholder Tether boosted its stake in the firm and investor sentiment around data center firms A Friday filing to the U.S. Securities and Exchange Commission (SEC) shows that Tether Investments purchased roughly 1.06 million shares for around
Bitcoin (BTC) started the new week with a recovery as expectations for a Fed interest rate cut for December increased. Bitcoin, which fell to as low as $80,000 on Friday, rose above $86,000 today. However, this decline may be temporary, as some analysts have suggested that Bitcoin could correct to around $50,000 next year. Bloomberg
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top news: Crypto majors rebounded after Friday’s sell off; BTC at $86,000 Coinbase acquired Vector dot Fun from TNSR Monad presale 1.43x
Bitcoin (BTC) started the new week on the rise, while trying to fight the downward trend it has been experiencing for weeks. Bitcoin is showing signs of recovery as expectations for a December interest rate cut have risen to 75% following the Fed’s moderate statements. With the recovery in Bitcoin, options markets have also started
Deutsche Bank (DB) said bitcoin’s BTC$85,565.12 slide to about $80,000 on Nov. 21, roughly 35% below its early-October peak, shows how quickly macroeconomic pressures and fragile market structure can erase crypto gains, wiping out nearly $1 trillion in value before the token bounced back toward $87,000. The world’s largest cryptocurrency was priced around $86,000 at
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 2781.73, up 3.9% (+105.41) since 4 p.m. ET on Friday. Sixteen of 20 assets are trading higher. Leaders: HBAR (+11.3%) and CRO (+9.7%). Laggards: ICP (-7.8%) and APT (-5.9%).