Bitcoin traded near $86,800 on Monday morning after reversing its Sunday move above $90,000, as crude oil rose and gold fell. The 30-minute Bitcoin-U.S. dollar chart from TradingView shows BTC peaking around $90,000 before sliding into the U.S. morning. We saw West Texas Intermediate crude up about 1.77%, gold down about 1.74%, and a U.S.
Michael Saylor’s Strategy, formerly of MicroStrategy, continues its resolve to accumulate Bitcoin, progressively strengthening its position at the helm of public companies holding BTC. Likewise, Tom Lee’s BitMine technologies is pulling its weight on the Ethereum front, also leading public companies holding ETH. Peter Schiff Critiques Strategy’s Multi-Billion Bitcoin Holdings Last week, Strategy purchased an
Key Takeaways BlackRock transferred 2,200 Bitcoin and a significant amount of Ethereum to Coinbase Prime. Bitcoin has remained volatile, rising past $90,000 over the weekend before retreating to $87,703. BlackRock, the world’s largest asset manager, deposited over 2,200 Bitcoin worth around $192 million and $22 million in Ethereum to Coinbase Prime today, according to data
Bitcoin briefly surged past $90K on Dec. 29, briefly lifting its market cap above $1.8 trillion before retreating, exposing weak liquidity and reinforcing a bearish structure. While selling pressure has cooled, buyers remain hesitant, though rising funding rates and $1 billion in open interest show retail traders are betting on a January recovery. Technical Rejection
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee as we dissect what rippled through global markets this weekend. Silver surged, then snapped violently lower, sparking whispers of leverage breaking behind the scenes. While metals traders scrambled, Bitcoin quietly moved
Crypto exchange-traded products recorded $446 million in net outflows last week, extending a cautious trend persisting since October’s sharp market correction. According to asset manager CoinShares, the latest withdrawals bring total outflows since Oct. 10 to $3.2 billion, signaling that investor confidence has yet to recover as the year ends. The weekly outflows contrast with
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 2696.43, up 0.4% (+10.39) since 4 p.m. ET on Friday. Fifteen of 20 assets are trading higher. Leaders: DOT (+6.0%) and ADA (+4.2%). Laggards: AAVE (-2.6%) and BTC (-0.3%).
Strategy (MSTR), the largest publicly traded holder of bitcoin BTC$89,558.82, resumed purchases after boosting its US dollar reserves to $2.2 billion the prior week. The company acquired 1,229 bitcoin last week for $108.8 million, at an average price of $88,568 per coin, according to a filing released Monday morning. Total holdings increased to 672,497 BTC,