Key takeaways: Strategy faces tighter short-term liquidity, but its conservative 11% net leverage protects it from forced $BTC liquidations. A Bitcoin rally above $70,000 remains unlikely as long as STRC trades under $100 and spot ETFs show net selling pressure. Bitcoin ($BTC) faced a 21% price correction in 10 days, retesting the $61,000 level for
A growing chorus of financial experts suggests that Wall Street’s long-standing skepticism toward Bitcoin is translating into an unusual and active desire to see MicroStrategy (MSTR) fail. The software company, which has transformed into a de facto Bitcoin treasury vehicle under the leadership of executive chairman Michael Saylor, has become a lightning rod for criticism
Bitcoin price dropped to levels on Thursday that placed it below the “Fire Sale!” band on the Bitcoin Rainbow Chart — a depth not reached since the catastrophic FTX exchange collapse in November 2022 — as the Fear and Greed Index registered a reading of 12 out of 100, deep in “Extreme Fear” territory. Bitcoin
In a bid to power automated and smarter on-chain Web3 systems and provide customers with a superior user experience, Anome Protocol, a decentralized ecosystem, today entered into a strategic partnership with 4AIBSC, an autonomous decentralized AI marketplace. The collaboration enabled Anome Protocol to merge with 4AIBSC’s decentralized AI marketplace to support automation in its Web3
US-based AI firm Anthropic warns AI development is advancing at a pace that could soon see agents building, training and improving themselves without human input — recommending a slowdown in development. In a blog post published Thursday, Marina Favaro, lead at the Anthropic Institute, and Anthropic co-founder Jack Clark said agents can already run code
Four-month minimum: The asset’s value fell to $61,309 in the last 24 hours before experiencing a slight rebound. Massive profit-taking: A wallet identified as “pension-usdt.eth” closed a 1,400 $BTC short, consolidating a profit of 3.56 million dollars. Record liquidations: The derivatives market recorded the loss of 634.6 million dollars stemming exclusively from liquidated bullish positions.
Largest U.S. banks have moved toward a shared tokenized deposit network as stablecoin firms push deeper into payments and corporate finance. The Wall Street Journal reported that the Clearing House will run the system, a real-time payment network owned by JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and other major commercial banks. The network
0x Protocol (a DEX aggregator API that has routed $180 billion in swap volume since 2017) opened its Cross-Chain API to general availability Wednesday. Twelve bridge providers are live from day one, accessible through a single API call. The partner list includes Circle, Chainlink, USDT0, Relay Protocol, LayerZero, Optimism, Across Protocol, Mayan, Stargate Finance, NEAR