Shares of crypto-linked companies are rallying after the price of bitcoin BTC$87,018.43 surged more than 2.8% in an hour to rise above $90,000, marking a fresh high and reigniting interest across the sector. The price jump triggered gains across mining stocks, trading platforms and cryptocurrency infrastructure firms. Bitcoin miner Hut 8 (HUT) outperformed the wider
More than $110 million in bitcoin BTC$87,018.43 short positions were liquidated as the price of largest cryptocurrency climbed to $90,000 from an intraday low of $86,200 on Wednesday. Coinglass data shows the short positions were liquidated in the past hour, with the majority occurring on bitcoin trading pairs. The price surge also coincided with a
Veteran trader Peter Brandt has sparked another round of debate in the crypto community with his Bitcoin Banana chart post. Notably, the Banana chart has been Brandt’s long-standing Bitcoin outlook. With the prediction seemingly underway, he took to X to taunt “rookie chartists” who argued the correctness of his analysis when he first shared the
Te latest quantum scare around Bitcoin fell apart almost as fast as it appeared. Adam Back, one of the first people associated with Bitcoin’s beginnings, openly ended claims that the price of the cryptocurrency should already be 30% lower because of an upcoming quantum break made by another prominent Bitcoin opinion maker, Charles Edwards. For
The Bitcoin Historian point out that Ray Dalio has made a new statement that reinforced the long-term case of investment in Bitcoin. According to Dalio, up to 15 percent of a portfolio should be dedicated to such assets as Bitcoin and gold, which will act as insurances against the devaluation of fiat currency. He puts
Uniform Labs, a blockchain infrastructure company founded by veterans of Standard Chartered, has launched a new protocol designed to address persistent liquidity constraints in the emerging tokenization market. Announced on Wednesday, Uniform Labs unveiled Multiliquid, a protocol designed to enable 24/7 conversions between tokenized money market funds and major stablecoins, including USDC (USDC) and USDt
Michael Saylor is showing no concern as Bitcoin goes through another roller coaster stretch of price action. Amid sudden and abrupt swings that many traders dub a “Bart” — based on the hairline of the famous Simpsons character — the Strategy chairman summed up his view with a short message that he was “built for
Key Takeaways BlackRock transferred $220 million in Ethereum and $382 million in Bitcoin to Coinbase Prime. The deposits demonstrate institutional engagement with major cryptocurrencies on Coinbase’s custody platform. BlackRock deposited 74,973 Ethereum worth $220 million and 4,356 Bitcoin worth $382 million to Coinbase Prime today, according to data from blockchain intelligence firm Arkham Intelligence. The
Robert Kiyosaki is back doing what he does best: tying a Federal Reserve decision to a personal wealth playbook and dragging Bitcoin into the center of the argument. After five days of silence, the “Rich Dad Poor Dad” author reacted to the Fed’s latest rate cut by calling it an early signal of renewed quantitative