Bitcoin price started a fresh decline below the $65,000 zone. $BTC is showing bearish signs and might continue to move down if it dips below $62,000. Bitcoin failed to stay above $65,500 and extended losses. The price is trading below $64,000 and the 100 hourly simple moving average. There is a bearish trend line forming
Arjun Sethi, co-CEO of the cryptocurrency exchange Kraken, has agreed to acquire Wyoming-based Summit National Bank for $5.5 million, according to a report published by Bank Reg Blog on X. The transaction is tied to the bank’s parent company, which is currently navigating bankruptcy proceedings. The acquisition remains subject to approval by a bankruptcy court.
In a move that has drawn sharp attention from analysts, Strategy recently executed a small-scale sale of its Bitcoin holdings, a departure from its nearly six-year-long accumulation strategy. Markus Thielen, CEO of 10x Research, has interpreted the transaction not as a loss of conviction in Bitcoin, but as a deliberate test of market flexibility and
According to recent reports, Apple plans to power its new Siri on NVIDIA Blackwell chips through Google Cloud starting in September, just days after NVIDIA launched its most powerful AI model yet. We break down the potential alliance, NVIDIA’s freshly unveiled Nemotron 3 Ultra, and what this could mean for the broader AI race. Why
Key takeaways: Strategy faces tighter short-term liquidity, but its conservative 11% net leverage protects it from forced $BTC liquidations. A Bitcoin rally above $70,000 remains unlikely as long as STRC trades under $100 and spot ETFs show net selling pressure. Bitcoin ($BTC) faced a 21% price correction in 10 days, retesting the $61,000 level for
A growing chorus of financial experts suggests that Wall Street’s long-standing skepticism toward Bitcoin is translating into an unusual and active desire to see MicroStrategy (MSTR) fail. The software company, which has transformed into a de facto Bitcoin treasury vehicle under the leadership of executive chairman Michael Saylor, has become a lightning rod for criticism
Bitcoin price dropped to levels on Thursday that placed it below the “Fire Sale!” band on the Bitcoin Rainbow Chart — a depth not reached since the catastrophic FTX exchange collapse in November 2022 — as the Fear and Greed Index registered a reading of 12 out of 100, deep in “Extreme Fear” territory. Bitcoin
In a bid to power automated and smarter on-chain Web3 systems and provide customers with a superior user experience, Anome Protocol, a decentralized ecosystem, today entered into a strategic partnership with 4AIBSC, an autonomous decentralized AI marketplace. The collaboration enabled Anome Protocol to merge with 4AIBSC’s decentralized AI marketplace to support automation in its Web3
US-based AI firm Anthropic warns AI development is advancing at a pace that could soon see agents building, training and improving themselves without human input — recommending a slowdown in development. In a blog post published Thursday, Marina Favaro, lead at the Anthropic Institute, and Anthropic co-founder Jack Clark said agents can already run code