Bitcoin’s (BTC) ongoing bearishness could culminate in the asset plunging toward $10,000, according to Bloomberg Intelligence commodity strategist Mike McGlone. McGlone noted that the cryptocurrency is becoming increasingly vulnerable as the market shifts from hype-driven expansion to macro-driven reversion, and that the asset’s strongest bullish catalysts are now behind it, he said in an X
Michael Saylor’s Strategy has crossed a threshold that few Bitcoin-focused companies ever reach. The firm has now remained qualified for S&P 500 inclusion for more than 120 consecutive days, placing Bitcoin exposure closer to America’s most influential equity index. This achievement signals more than financial eligibility, it reflects a changing relationship between digital assets and
Vanguard, one of the world’s largest asset managers with over $10 trillion in assets, has revealed it now owns $3.2 billion worth of MicroStrategy (MSTR) stock. This move has sparked discussions about institutional interest in Bitcoin and the broader cryptocurrency market. MicroStrategy is well-known for holding large amounts of Bitcoin on its balance sheet. Analysts
Changpeng Zhao, better known as CZ, the former CEO of Binance, recently made a statement that caught the attention of the crypto world. He said: “Investing in cryptocurrency is risky… but not investing in cryptocurrency is also risky.” This short quote says a lot. Crypto is volatile and can drop in value fast. But avoiding
In a major crypto news related to the BlackRock Bitcoin Premium Income ETF, the U.S. Securities and Exchange Commission (SEC) has announced a key decision on the application. Nasdaq’s proposal to list and trade shares of the iShares Bitcoin Premium Income ETF under the Generic listing standards rule was already delayed by the SEC once
A big Bitcoin move on Binance worth a whopping $260,387,071 just occurred, and it looks like it was not an accident. Whale Alert data shows 3,000 BTC sent from an external wallet into Binance’s “15KX2” deposit address. Arkham links the sending wallets to Matrixport-related infrastructure. Two Matrixport-connected wallets deposited about 4,000 BTC, worth around $347.56
Onchain data reveals that Bitcoin is headed for its fourth consecutive annual loss in history, marking the first time the decline is not due to an industry meltdown or scandal. The sharp selloff on Monday during the New York session led to a 3.7% drop in Bitcoin prices, bringing the total decline to 7% YTD.
Neo has launched the Message Bridge on MainNet, introducing a new cross-chain communication layer between its EVM-compatible network Neo X and Neo N3. The infrastructure allows applications on either chain to exchange arbitrary data, trigger smart contract execution on the opposite network, and compose functionality across environments. The Message Bridge expands Neo’s interoperability stack beyond
For years, US banks treated Bitcoin as something best observed from a distance. The asset lived on specialist exchanges and trading apps, walled off from core banking systems by capital rules, custody worries, and reputational risk. However, that posture is finally giving way. According to data from River, nearly 60% of the country’s 25 largest
Coinbase co-founder and CEO, Brian Armstrong, claimed in his recent X post that the way traditional finance operates is “broken,” reviving rhetoric that has circulated in crypto circles for some time. In the past few months, some crypto enthusiasts and major players have argued that blockchain technology will eventually replace the entire traditional system, highlighting