Bitcoin and other major cryptocurrencies have faced intense selling pressure in recent hours. While US stock markets have maintained a relatively strong performance, the weak performance of the cryptocurrency market has become more pronounced. Bitcoin, after trading sideways just below $90,000, experienced a rapid decline at the start of US trading, falling as low as
Crypto policy is shifting from talk to implementation as the OCC, FDIC and Federal Reserve begin to sketch a regulatory perimeter for stablecoins and tokenized deposits in the U.S., Bank of America said in a Monday report. Recent approvals and proposals mark the start of a multi-year transition that could push more real-world assets and
Federally chartered crypto bank Anchorage Digital has acquired the Securitize For Advisors (SFA) business unit from Securitize, bringing in-house a crypto wealth management platform built for registered investment advisors (RIAs), the company said in a press release Monday. Financial details of the acquisition were not disclosed. The acquisition formalizes an existing relationship between the two
It’s another in what’s been a long run of difficult days for bitcoin treasury companies (BTCTCs) as the price of bitcoin BTC$89,629.86 tumbles below $87,000 in morning U.S. action on Monday. Among those headed lower is Strive (ASST), now down 9% to a record low of $0.78. At the height of the BTCTC mania in
Major cryptocurrencies fell during U.S. morning hours Monday, continuing a now crystal-clear pattern of relative poor performance while American stocks trade. Trading fairly flat just below $90,000 overnight, bitcoin BTC$89,629.86 plunged to $86,800 in mid-morning U.S. trade. “Since the iShares Bitcoin ETF IBIT began trading, had you only owned it after hours (buy the close,
IREN has dropped 47% from its 52-week high on Nov. 5, significantly underperforming mining and high-performance computing (HPC) peers, but investment bank B. Riley said it’s keeping its buy rating and a $74 price target in a Monday report. Miners are down about 25% on average over the same period, and GPU cloud names CoreWeave
As 2025 draws to a close, Bitcoin and altcoins are attracting attention with their weak performance. While Bitcoin is expected to finish the year below $100,000, Coinshares has released its weekly cryptocurrency report, stating that there was an inflow of $864 million last week. “There was a total inflow of $864 million into cryptocurrency investment
Bhutan signed a multi-year memorandum of understanding (MoU) with crypto market maker Cumberland DRW to collaborate on building digital asset infrastructure in Gelephu Mindfulness City (GMC), deepening the country’s long-term, sustainability-focused crypto strategy. In an announcement sent to Cointelegraph, the special administrative region said the partnership aims to support Bhutan’s vision of developing a modern
Bitcoin’s well-known four-year cycle is still intact, but its drivers have shifted. According to Markus Thielen, head of 10x Research, political events and liquidity now play a bigger role than halving events. Historically, the cryptocurrency’s market peaks have begun to align more closely with US election cycles. From Halving to Politics Bitcoin’s four-year cycle was
Strategy (MSTR), the largest publicly traded holder of bitcoin, for the second straight week has aggressively bought the dip in bitcoin BTC$89,493.77. The company acquired 10,645 bitcoin last week for $980.3 million, or an average price of $92,098 each. Total holdings rose to 671,268 BTC acquired for $50.33 billion, or an average of $74,972 per