Bitcoin erased earlier gains and slipped back toward the $65,000 level as weakness in U.S. stock futures and concerns about artificial intelligence disrupted risk appetite. Market commentator Walter Bloomberg noted that crypto tracked equities lower as investors reacted to growing fears about AI’s impact on business models and long-term tech investment returns. With technology stocks
Having failed to reclaim $70,000 during the recovery started on February 24, Bitcoin ($BTC) abruptly started a crash in the early hours of Friday, February 27, falling about 3.3% within just four hours. Indeed, $BTC’s swift collapse from $68,000 to its press time price of $65,770 brought into sharp focus the cryptocurrency’s next critical support
After the recent price rally seen across the broad crypto market, momentum appears to be growing strong as the market has seen multiple Bitcoin withdrawals in the past hours. On Friday February 28, blockchain monitoring platform Whale Alert, shared data revealing that large stacks of Bitcoin have been withdrawn from leading crypto exchange Bitget in
Barclays, the British multinational banking giant, is exploring building a blockchain platform for payments and deposits, Bloomberg reported Friday, citing people with knowledge of the exploration. The bank is evaluating technology providers and aims to select partners as early as April. The initiative could encompass both stablecoin integration and tokenized deposit capabilities. Barclays has shifted
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1920.56, down 2.6% (-51.26) since 4 p.m. ET on Thursday. Three of the 20 assets are trading higher. Leaders: ICP (+3.7%) and DOT (+0.8%). Laggards: SOL (-4.2%) and ETH
Several major Wall Street institutions are now advising clients to include a modest allocation to Bitcoin within diversified portfolios. According to a report by River, firms such as Fidelity Investments, Bank of America, and Morgan Stanley are recommending measured exposure to cryptocurrency. Most suggested allocations fall between 1% and 5% of total portfolio value, reflecting
Europe’s largest asset manager, Amundi, has sharply increased its exposure to Bitcoin-linked equities. According to its latest Q4 2025 regulatory filing, the French giant added roughly 3.77 million shares of Strategy (MSTR). That lifted its total position to about 4.79 million shares. The stake is now valued near $641 million. The disclosure surfaced in late
After a rapid recovery in the leading cryptocurrency Bitcoin (BTC) and altcoins, this recovery has stalled. Statements indicating that progress was made in yesterday’s US-Iran talks in Geneva, Switzerland, but that disagreements persist on some issues, continue to worry investors. At this point, the lack of a positive, concrete outcome from the US-Iran talks keeps
As cryptocurrency adoption continues to rise in Türkiye, US-based blockchain payment company Ripple is increasing its focus on the Turkish market. Ripple CEO Reece Merrick stated that he is “extremely optimistic” about crypto adoption in the country. Merrick, speaking from account X, highlighted Türkiye as a global leader in digital asset adoption, driven by economic
Nvidia, the leading supplier of AI chips, saw its shares slide 5% today as semiconductor stocks came under renewed selling pressure. The company reported yesterday an earnings beat that surpassed investor estimates, with fourth quarter fiscal 2026 revenue reaching $68.1 billion, up 73% year over year. For the full fiscal year, Nvidia generated $215.9 billion