Fresh weekly buys of bitcoin are no longer news for Michael Saylor’s Strategy (MSTR), but large purchases had mostly been off the table for some time. The company last week, though, acquired an additional 8,178 BTC for $835.6 million, or an average price of $102,171 each. This sizable buy was financed mostly through the sale
The Financial Supervisory Service (FSS) has unveiled new rules to curb the frenzied buying of high-risk leveraged ETFs among South Korean investors. The regulator stated on Sunday that, as of December 15, local investors will be required to complete an hour-long online training session before investing in inverse or leveraged ETFs listed abroad. The FSS
The global financial landscape shifts fast, and this shift grows louder when a major institution takes a bold step. UBS, the largest bank in Switzerland, just increased its Bitcoin position by 24%, pushing its total exposure to a massive $475 million. This update sends a strong message to markets already buzzing with renewed interest. It
Mr. Wall Street, a widely followed Bitcoin trader, has argued that BTC may have reached its cycle peak at $126,000, outlining potential dip prices by the fourth quarter of 2026. In a post on X, Mr. Wall Street noted that with BTC trading at $94,885, following a 10.6% drop over the past week, the next
U.S. Treasury Secretary Scott Bessent revealed today that the proposed $2,000 tariff checks on Americans would need congressional approval. President Donald Trump proposed the tariff checks, intended for working families, but estimates suggest that the program could cost the country up to $600 billion. Bessent spoke on Fox News Sunday Morning Futures, emphasizing that the
The world’s largest cryptocurrency has tumbled below key psychological levels, erasing most of its 2025 gains. At the same time, small-cap coins are getting hit the hardest. Bitcoin dropped under $94,000 on Friday after previously falling below the $100,000 mark, eliminating nearly all the progress it had made since January. The sharp decline has sent
Investment bank UBS has entered a strategic partnership with financial technology company Ant International to explore tokenized deposits for real-time cross-border payments and global liquidity management, marking a notable expansion of the Swiss bank’s blockchain-based digital cash platform. The two companies signed a Memorandum of Understanding in Singapore, anchoring the deal in one of the
The decline in Bitcoin (BTC) and the cryptocurrency market has deepened in recent days. While expectations of further declines in Bitcoin are growing, one analyst said that the recent decline in BTC is not a trend reversal but a healthy correction. Ryan McMillin, Chief Investment Officer (CIO) of MerkleTree Capital, said that the recent drop
Short-term holders (STHs) are now almost entirely underwater on their recent bitcoin BTC$95,476.80 purchases. Glassnode defines STHs as entities that have held bitcoin for less than 155 days. On June 15 (155 days ago), bitcoin was trading at $104,000, meaning nearly all coins acquired since then sit above current spot levels. Glassnode data shows that
The Bitcoin price keeps pushing toward deeper zones as sellers test pockets near $92K. The BTC price recently traded close to $95K, and this region now shows hesitation because buyers avoid aggressive action. The Bitcoin Fear and Greed Index also hit fresh lows, and this shift adds more pressure on short-term sentiment.