Bitcoin is trading at around $84,000 after a sharp drop of 35% from recent highs of over $126,000. The move follows an early lead in the market cycle, where the asset rallied to new all-time highs ahead of the 2024 halving. Analyst Rekt Capital noted that this placed Bitcoin 260 days ahead of its usual

Michael Saylor pushed back on recent reports warning that Strategy could face billions in passive outflows if MSCI excludes the company from major equity indices. In a statement on X, Saylor said that Strategy is “not a fund, not a trust, and not a holding company.” He described the firm as a publicly traded operating

Berlin is attracting most of the funding in Germany’s blockchain industry, according to a recent report indicating investors are now concentrating on the quality of projects. The study also highlights a significant increase in funding in the space, both within Europe and around the world, with money flowing toward regulated segments of the market. Report

Hong Kong — RateX, the leading yield-trading protocol on Solana, has secured a total of $10.4 million across three funding rounds, capped by a newly completed $7 million strategic raise backed by Animoca Ventures, ECHO, GSR, Crypto.com Capital, Gate, Rzong Capital, BGX Capital, Summer Capital, and others. (Cover: Sean Hu, Founder of RateX) — The

In a stunning display of strategic foresight, Abraxas Capital has demonstrated the power of well-timed short positions by generating an incredible $269.13 million in profits during the recent cryptocurrency market downturn. This remarkable achievement, reported by Onchain Lens, showcases how sophisticated investment firms can capitalize on market volatility to deliver exceptional returns. How Did Abraxas

Bitcoin price has started to show clear signs of weakness, and the recent move back below six figures has forced a reassessment of the near-term outlook. With several important technical and on-chain levels now lost, I have recalibrated my base case so that the probability of retesting new all-time highs in the coming weeks has

Bitcoin price is entering one of its most fragile moments of the cycle. The price action says it. The onchain data screams it. And the mood across crypto feels tense, almost brittle Bitcoin price fell to a low of $80,524 on Friday, its lowest level since April and a level many didn’t expect to see

The digital asset nosedived to $80K early Friday morning, but a speech by the President of the New York Fed, may have just saved bitcoin from plunging further. Bitcoin’s Lazarus Moment, Courtesy of the Fed John Williams is not a name many will recognize, but when he talks, markets listen, and often, they also react.

Famous gold advocate and Bitcoin critic Peter Schiff claimed that following the sharp declines in the crypto market, companies operating with the “Bitcoin treasury” model are being dragged into a serious crisis. Schiff said that the business model of companies that put Bitcoin at the center of their balance sheets, especially MicroStrategy (now Strategy), is

A steep drop in financial markets and cryptocurrencies? That’s officially a top concern for the European Central Bank’s Alvaro Santos Pereira. Summary ECB warns of financial instability: Alvaro Santos Pereira highlights risks from a potential market correction. Pereira stresses the need for central banks to preserve flexibility, keeping room for rate cuts if another shock