Key Takeaways Bitcoin’s price fell below $91,000, causing significant market volatility. The drop triggered approximately $135 million in long position liquidations across crypto exchanges. Bitcoin fell below $91,000 today, triggering nearly $135 million in long position liquidations across crypto markets in the past hour. The price decline forced the unwinding of leveraged bets by traders
Jack Mallers, the CEO of Twenty One Capital, recently highlighted the growth potential of Bitcoin, calling it a $200 trillion asset. Twenty One Capital debuted on the New York Stock Exchange (NYSE) on December 9 with a $3.9 billion Bitcoin treasury, holding the third-largest BTC treasury for a public company. Speaking at theCUBE+NYSE Wired show
Pi Network’s first Open Network hackathon crowned Blind_Lounge and other utility-focused Mainnet apps, highlighting growth but with clear risk disclaimers for users. Summary Pi Network’s Core Team picked Blind_Lounge as the top Mainnet app, with Starmax and RUN FOR PI taking second and third in a 215-submission hackathon. Honorable mentions like Kindrek, Workflet For Pi,
Shares in publicly traded Bitcoin treasury firm Strategy (MSTR) have fallen more than 50% over the last 6 months, but BitMine Immersion Technologies Chairman Tom Lee said the company made a sensible move when it recently announced a cash reserve amid Bitcoin’s falling price. The reserve, a $1.44 billion tranche of funds built to help
Artificial intelligence-focused stocks are coming under pressure on Friday, dragging tech-related equities and bitcoin BTC$90,295.14 lower during the early U.S. session. Chipmaker Broadcom (AVGO), the ninth largest asset by market cap, tumbled 10% despite strong earnings as its outlook disappointed investors’ lofty expectations. The Nasdaq index was down over 1% in the first hour of
CryptoQuant’s Spot Taker CVD shows Bitcoin buyers regaining control in deep loss zones, hinting at spot-led accumulation and a potential end to the correction. Summary CryptoQuant’s Spot Taker CVD has shifted into Taker Buy Dominant mode, showing aggressive market buys now outweigh aggressive sells on spot exchanges. The flip comes as BTC sits in deep
Economists now agree that the Bank of Japan could raise interest rates this month for the first time in nearly a year, and Bitcoin is bracing for the impact. Major financial outlets report that the BOJ plans to lift its benchmark rate by 25 basis points to 0.75% at its December 18-19 meeting. This move
Peter Schiff is back in his favorite role, and he is more vocal than ever. As the Federal Reserve resumed buying Treasuries, framing it as a liquidity operation, Schiff argued that the market response exposed Bitcoin’s core weakness. Gold jumped by more than $50 in a single session, reclaiming levels above $4,325, silver surged past
Bitcoin is up almost 2% in the past 24 hours and is holding steady above $92,200. The daily chart still looks slow, but the 4-hour chart shows early strength building. Since short-term charts capture shifts faster, the next few sessions may decide whether Bitcoin finally tests $95,000 — a level experts believe is crucial to
Key Notes Tether aims to provide structured exit pathways for investors while preventing discounted secondary sales. The planned raise follows Tether’s move to block at least one shareholder from selling shares at a valuation of about $280 billion, well below the firm’s target. Tether’s move of tokenized equity aligns with broader industry trends, as firms