Day: January 8, 2026

The world’s largest asset manager, BlackRock, has again deposited Bitcoin and Ethereum into Coinbase, sparking concerns of a potential sell-off. This transfer comes ahead of the U.S. initial jobless claims report, which drops today, which could also spark volatility in the crypto market.

Key Takeaways BlackRock transferred $276M in Bitcoin and $83M in Ethereum to Coinbase Prime. The transfers come as early-2026 ETF flows have shifted rapidly from strong inflows to sharp outflows. BlackRock, the global investment management firm, moved about 3,064 Bitcoin, valued at roughly $276 million, along with 26,723 Ethereum worth more than $83 million, to

Bitcoin (BTC) experienced a brief but sharp flash crash on Thursday, dipping to establish an intra-day low of $89,641 before rebounding above $90,000. The move highlights continued volatility in the cryptocurrency market, with millions of long positions caught off guard and subsequently wiped out. Bitcoin Price Briefly Drops Below $90,000, Liquidates $128 Million in Longs

Venture capitalist Tim Draper has now extended his oft-repeated $250,000 Bitcoin price target to the current year. In a recent post on X (formerly Twitter), the world-famous investor has forecasted that 2026 will be the year his elusive target is “finally reached.” The billionaire has called for a “bonanza year,” during which cryptocurrency will finally

Bitcoin’s recent price rebound proved short-lived, as the crypto king quickly retraced to early January levels after a brief rally. The abrupt reversal has reignited concerns about market fragility. The failure to sustain higher levels reflects lingering uncertainty of whether the bounce marked a true transition out of the prior bearish phase or merely a

Bitcoin will hardly become an alternative to gold in the near future, largely as a result of its monopolized market, according to a former deputy head of the Bank of Russia. The financial expert believes, however, that the cryptocurrency is going to appreciate against major fiat currencies such as the U.S. dollar due to its

Bitcoin’s short-term outlook remains constructive, although recent price action shows signs of cooling momentum. After pushing toward the $94,000 to $95,000 zone, BTC has shifted into a pullback phase. Market data suggests this move reflects consolidation rather than trend exhaustion. Traders appear to be reassessing risk following repeated rejections near local highs. Hence, the focus

President Donald Trump’s revived push to acquire Greenland is no longer confined to diplomatic cables and political headlines. It is now being actively priced by crypto-native markets, where traders are turning geopolitical uncertainty into tradable probabilities, well before any deal materializes. Trump’s Greenland Gambit Is Turning Into a Crypto Trade On-chain prediction platform Polymarket shows

The initial January trend for the crypto market seemed to have run out of steam as the Bitcoin price slid below the level of $90,000. The U.S. spot BTC ETFs also recorded the largest outflow this year.

US investment bank Morgan Stanley may be positioning itself so that even if its newly announced spot Bitcoin exchange-traded fund (ETF) underperforms, it will still deliver strategic benefits across the firm, according to ProCap chief investment officer Jeff Park. “Morgan Stanley is making the bet that even if their ETF doesn’t scale to blockbuster success,

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