Bitcoin briefly surged to $92,000 on Dec. 8 before slipping back to $90,000, despite Michael Saylor’s firm, Strategy, announcing the purchase of 10,624 bitcoins. Analysts and influencers remain divided: some point to market manipulation, while others argue the crypto economy is entering a bear phase. Diminished Impact of Saylor’s Monday Announcements After kicking off the
Bitcoin price struggled to stay above $92,000. BTC is now consolidating gains and might dip again if there is a clear move below $89,500. Bitcoin started a downside correction from the $92,500 zone. The price is trading below $91,000 and the 100 hourly Simple moving average. There is a contracting triangle forming with support at
In a striking move highlighting the global arms race in digital forensics, South Korean authorities have invested heavily in cryptocurrency tracking. Recent data reveals a staggering $11.3 million spent over three years on Chainalysis, a leading U.S.-based blockchain analytics firm. This massive expenditure underscores a critical shift: as crypto adoption grows, so does the state’s
Bitcoin’s recent price action shows continued weakness as the asset struggles to find direction amid muted macro signals, presenting a bullish-neutral prediction. The lack of momentum has kept BTC drifting downward for several days, but the Federal Open Market Committee’s expected 25 basis point rate cut on Wednesday could shift sentiment. Whether this becomes a
Strategy has executed a $963 million capital deployment into Bitcoin, confirming one of its largest weekly acquisitions of 2025. The purchase, which secured 10,624 BTC at an average price of $90,615, is widely viewed by institutional desks as a strategic validation of the “Digital Credit” banking model Michael Saylor pitched to sovereign wealth funds this
U.S. Bitcoin exchange-traded funds continue to buy up the world’s largest crypto, even as prices remain fixed just above $90,000. That demand has helped limit deeper pullbacks near the ETFs’ aggregate cost basis, or breakeven price, since February last year, according to Glassnode data. Since 2024, two corrections of more than 30%—from March to August
Cathie Wood is openly welcoming Vanguard investors to the world of Bitcoin through her ARK 21Shares Bitcoin ETF (ARKB). In her announcement, she has stressed that Bitcoin is a “profound technological and monetary innovation.” Vanguard’s U-turn Vanguard investors can now get exposure to Bitcoin without needing to deal with the usual complications of owning it
Bitcoin (BTC) continued its volatile trajectory today, slipping 0.70% over the past 24 hours. The asset’s slump has raised concerns among traders. However, some analysts argue that Bitcoin’s performance is a result of potential price manipulation, citing a recurring pattern of declines around the US market opening, as well as institutional involvement. Internal Manipulation vs.
The question everyone has been waiting for is whether Strategy (MSTR) will list a perpetual preferred equity, or “digital credit,” in Japan.That question was put directly to executive chairman Michael Saylor at the bitcoin MENA conference by Metaplanet CEO Simon Gerovich. Saylor’s answer was, “not in the next twelve months, I will give you a