Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, is drawing a hard line underneath Bitcoin’s 2026 outlook, arguing that January’s surge toward the $90,000 area may already represent this year’s ceiling if broader market stress returns. In a Feb. 23 post on X, Senior Bloomberg Strategist Mike McGlone concluded a series of public notes published
Even though bitcoin ($BTC) is, historically speaking, one of the best performing assets of all time, on most days its performance isn’t actually all that impressive. In fact, almost all of its long term returns are crammed into a small number of trading sessions. The rest of the time, it chops around. For example, on
Crypto.com said it received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank, setting the stage for the exchange to expand its custody services under federal oversight. The planned Foris Dax National Trust Bank, doing business as Crypto.com National Trust Bank, would operate as a
ProCap Financial, (BRR), which calls itself the first publicly traded agentic finance firm, has begun its share repurchase program aimed at closing the discount between its stock price and net asset value (NAV). The company said it bought 148,241 BRR shares in the open market on Feb. 20. That implies a purchase price in the
Earlier today, the crypto community continued to buzz with debates about the long-term impact of AI on the global economy, as CEO of Metaplanet Simon Gerovich aired his view on the matter. In response to a viral tweet on the subject, Gerovich argued that the growing adoption of AI agents would cause a rapid and
Last week has witnessed noteworthy fundraising events across the crypto sector. In this respect, Novig, Kresus, and NEWITY have led the list of top 9 weekly crypto fundraising events. As per the data from CoinMarketCap, the other names on the list take into account Unicity, PlutonAI, PRED, Rizon, Fireplace, and Endl. Thus, the inclusion of
A top economist has sounded a major warning on key assets like stocks, gold, silver, and the crypto market. Summary Stocks and crypto prices could be at risk of a bigger dive in the near term. Mark Zandi, a top economist, highlighted some major risks facing the market. He pointed to the slowing economy, valuation,
Bitcoin is trading at $66,304 at 8:45 a.m. EST on Feb. 23, 2026, carving out a consolidation range after a violent macro unwind. The market is stabilizing, but the broader structure remains technically fragile unless key resistance levels are reclaimed with conviction. Bitcoin Chart Outlook Bitcoin‘s daily chart on Monday morning reflects a clear macro
Federal Reserve Governor Chris Waller has said his support for a March Fed rate cut will largely depend on the February jobs report. This came as he acknowledged the January jobs report, which came in better than estimates, although he noted that it isn’t conclusive evidence that the labor market is improving. This is significant
With on-chain data indicating a noticeable slowdown in network participation – activity reaching its lowest level in about six months – Bitcoin is under additional pressure. A further indication that market momentum has cooled, and traders are growing more cautious, is the drop in network usage at a time when price action is already testing