Bitcoin’s BTC$108,309.92 two-way price action is squeezing both leveraged bullish and bearish plays, underscoring challenging market conditions for traders. In the past 24 hours, BTC’s price has traded back and forth between $107,000 and $113,000, wiping out roughly $600 million in market-wide bullish and bearish futures bets. The liquidation wave hit as traders cut leverage
Key Takeaways BlackRock purchased $211 million worth of Bitcoin on behalf of its clients, highlighting continued institutional demand for crypto assets. With over 800,000 BTC under management via its spot Bitcoin ETF, BlackRock commands significant influence in the crypto ETF market. BlackRock, the world’s largest asset manager, acquired $211 million worth of Bitcoin on behalf
Fidelity says that as crypto goes mainstream and proves its longevity, more customers are asking their financial advisors about the benefits and risks of these investments. The firm is now advising advisors to help clients navigate the intricacies of investing in crypto. Fidelity Claims Digital Assets Are Becoming More Common in Advisor-Client Conversations The Facts:
Bitcoin is on the verge of a massive rally as institutional analysts project a $175,000 target driven by surging demand, expanding money supply, and booming wallet adoption—all underpinned by a favorable U.S. regulatory shift and explosive blockchain use cases. Analyst Forecasts Bitcoin to Hit $175K on Three-Factor Growth Surge Institutional confidence in digital assets is
Bitcoin’s BTC$108,532.28 price has made a strong recovery since the October 10 crash, but not everyone is convinced. One notable skeptic is a Bitcoin OG who earned $200 million by shorting BTC ahead of the October 10 sell-off, which was reportedly sparked by President Donald Trump’s aggressive tariff announcement on China. On Tuesday, the whale
Sanae Takaichi was selected as Japan’s 104th Prime Minister yesterday, and her new cabinet has been inaugurated. The appointments of key ministers, including Satsuki Katayama (Finance) and Hisashi Matsumoto (Digital), alongside the new coalition with Nippon Ishin no Kai, will significantly impact the trajectory of the “Tax Reform 2026” sought by the crypto industry. International
Kraken boss David Ripley has fired back against a senior executive of the American Bankers Association, who argued that stablecoins yield is a “detriment” to banks’ abilities to support their community. ABA’s senior vice president of innovation and strategy, Brooke Ybarra, said if major crypto exchanges such as Kraken or Coinbase were allowed to pay
China’s Crypto strategy is turning money into a weapon of statecraft. A recent study published by Study Times—the journal of China’s Central Party School—argued that digital assets now shape warfare and finance. The study described crypto and central bank digital currencies (CBDCs) as tools of “financial mobilization.” They allow states to redirect liquidity when banks
A leading asset management firm, ProShares, has announced its intention to introduce a new crypto ETF that will track the CoinDesk 20 Index. To achieve this, the company seeks approval from the Securities and Exchange Commission (SEC) after submitting a filing to the commission. Meanwhile, reliable sources have noted that this index is crucial in
Bitcoin prices have rallied over the last few days, climbing past $114,000 on Tuesday, October 21 as markets got their risk appetite back. The world’s most prominent digital currency rose to as much as $114,082.29, according to Coinbase data from TradingView. At this point, it was up roughly 10.2% from the multimonth low of approximately