Blockchain tracking service Whale Alert reported a significant transaction on Thursday, with 3,102 Bitcoin — valued at approximately $207 million — transferred from a Coinbase Institutional wallet to an unknown new wallet address. The movement of such a large amount of the leading cryptocurrency has drawn attention from market analysts and observers, who are assessing
Bitcoin is back at a crossroads it has navigated multiple times in prior cycles, and this may be where the real test begins in this cycle. After weeks of trying to turn the low-$80,000s into a new recovery zone, $BTC has returned to the $66,900-$68,000 area, the same band I have used through several recent
It has been more than a year since President Trump signed the executive order establishing a Strategic Bitcoin Reserve on March 6, 2025, and the project is finally moving from rhetoric toward machinery. A White House report in July 2025 laid out the policy blueprint. In May 2026, Patrick Witt of the President’s Council of
Bitcoin price remains under heavy pressure after an eight-week decline pushed the asset toward its weakest level in two months. $BTC traded near $66,989 on June 3, after falling more than 10% over the past week. Market sentiment also weakened, with the Fear and Greed Index dropping to 11, a level marked as Extreme Fear.
Bitcoin has defended the $64,000-$65,000 support zone after a sharp selloff wiped out over $1.8 billion in positions. The next test is whether buyers can turn this bounce into a stronger recovery. Bitcoin Tests Major Support Zone as Analysts Watch for Relief Rally Bitcoin has dropped into a key high-timeframe support area near $65,000-$67,000, a
Anthropic has picked Morgan Stanley and Goldman Sachs to lead work on its initial public offering, Bloomberg reported, as the Claude maker moves closer to a potential public debut. JPMorgan Chase is also involved in the deal, according to the report. Anthropic is weighing a listing as soon as October and has filed confidentially for
Veteran trader Michael XBT is doubling down on his bearish outlook for Bitcoin, even after it has already fallen 12%. He argues that a major breakdown could trigger a “total destruction” across the market. In a series of posts on X, the trader said Bitcoin’s next move lower could be severe. He claimed his short
Bitcoin fell sharply for a third straight day, sliding below $66,000 on Wednesday and wiping out all of its April gains. Key Takeaways: Bitcoin slid under $66,000 on Wednesday, wiping out its entire April rally and hitting an intraday low of $65,362. Over $1 billion in total crypto positions were liquidated over two days, led
Welcome to our institutional newsletter, Crypto Long & Short. This week: Alex Tapscott on the stalling of the CLARITY Act and how it’s impacting the average American consumer. Aisha Hunt writes that crypto will grow by upgrading Wall Street’s trusted products rather than replacing them. Top headlines institutions should pay attention to by Helene Braun
Silicon Valley-based cryptocurrency venture capital firm Variant has completed fundraising for a new $222 million fund, designated Variant 4, with a strategic focus on early-stage investments at the intersection of artificial intelligence and blockchain technology. The news was first reported by Fortune. Fund Details and Investment Strategy Variant 4 marks the firm’s latest capital raise