Bitcoin fell below $66,000 on Thursday following mixed US economic data. Initial jobless claims beat expectations, while the trade deficit widened sharply, fueling renewed risk-off sentiment in crypto markets. Crypto markets in general were watching today’s data release, which featured among the economic data expected to influence Bitcoin sentiment this week. Bitcoin Retreats Below $66,000
The price of Bitcoin is on a roller coaster-like ride today, with the price bouncing in the $67,000-$65,000 range, and while cryptocurrency proponents like Michael Saylor say they have “never been more bullish,” a long-standing critic of the digital asset, Peter Schiff, reiterated his stance in a new X post. What makes Schiff’s new statement
Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, questioned the practical benefits of cryptocurrencies and stablecoins in cross-border transactions during a panel discussion. Kashkari described the statements made by crypto advocates on the subject as “empty rhetoric,” arguing that they have no real use case. During the panel, Kashkari illustrated the fundamental questions
World Liberty Financial is tapping real-world asset specialist Securitize to help tokenize loan interests tied to the Trump International Hotel and Resort in the Maldives. Rather than direct equity in the properties, investors will be able to buy tokens tied to loan revenue, according to a Wednesday announcement timed for the privately held company’s Mar-A-Lago
A widely shared chart this week argued that record profits in gold are about to rotate into Bitcoin, repeating a pattern seen in prior cycles. Veteran futures trader Peter Brandt responded laconically yet eloquently with a single thumbs-down emoji on X. Brandt, who has traded commodities for more than five decades, has maintained a cautious
Humanity, a technology startup focused on building what it describes as an internet trust layer, has announced a transition from its original Proof of Humanity mechanism to a broader framework called Proof of Trust. According to the press release shared with Finbold on February 19, the upgrade is designed to allow organizations to verify specific
Bitcoin has recorded losses for about five consecutive weeks after a momentary upsurge at the beginning of the year. The cryptocurrency reversed after an initial rally to $97,939 in the second week of January 2026. Since then, $BTC has declined nearly 40%, bounced off support, and is trading at $66,935 as of writing, according to
It has been stated that there is a very high probability that Bitcoin will fall below the critical $60,000 support level in the coming weeks. According to Lee, co-founder of hardware wallet manufacturer Ballet, a chain reaction liquidation wave could occur in the market if Bitcoin falls below the $60,000 level. Speaking to Bloomberg, Bobby
The Layer 2 blockchain Sui has introduced a groundbreaking custom PCR verification feature that fundamentally changes how users verify application security, announced on January 15, 2025, marking a significant advancement in blockchain security protocols. Sui PCR Verification Feature Explained Sui’s new Platform Configuration Register verification system represents a major innovation in blockchain security. This technology
Strategy Chairman Michael Saylor has maintained a bullish stance around Bitcoin despite the premier crypto asset losing over $1 trillion in market value. Bitcoin ($BTC) has borne the largest losses within the crypto market in terms of declining valuation, being the largest asset by market cap. Specifically, the global crypto market has lost $2.02 trillion