Author: driver789
Michael Saylor, the co-founder of Bitcoin (BTC) treasury company Strategy, signaled that the company is acquiring more BTC amid the ongoing market dip, marking week 12 of a consecutive buying streak.Saylor posted the Strategy BTC accumulation chart via the X social media platform on Sunday. The chart has become synonymous with BTC purchases made by the company, which is touting its upcoming 99th BTC transaction.Strategy’s most recent BTC purchase occurred on Feb.9, when the company bought 1,142 BTC for more than $90 million, bringing its total holdings to 714,644 BTC, valued at about $49.3 billion using market prices at the…
Consensus Hong Kong wrapped up with a bang as policymakers announced new initiatives to grow the digital assets sector.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.The narrativePolicymakers at Consensus Hong Kong announced a slew of initiatives aimed at strengthening the local digital asset ecosystem.Why it mattersPhilosophically speaking, the question of why we still care about this industry remains top of mind. Consensus showed that despite the sometimes ridiculous projects and unachievable hype cycles, companies still have a genuine use for the technology.Breaking it downHong…
BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…
XRP has edged back above $1.40 after weeks of uneven trading, but some investors believe the quiet recovery could be the start of a longer story. Related Reading The token was changing hands near $1.43 at last check, still far from past highs. While the broader crypto market remains cautious, fresh comments from a European investment executive have added fuel to longer-term price discussions. Bold Forecasts From A German Investor During a recent segment on Der Aktionär TV, Michel Oliver, head of Tokentus Investment AG, said XRP could reach between $7 and $9 in a future bull cycle. Based on…
Two US senators are pressing the Treasury Department to investigate a reported foreign investment in a crypto venture tied to the Trump family, raising concerns about national security, foreign influence and access to sensitive financial data.In a Friday letter to Treasury Secretary Scott Bessent, Massachusetts Senator Elizabeth Warren and New Jersey Senator Andy Kim asked the government to determine whether the Committee on Foreign Investment in the United States (CFIUS) should investigate a deal in which a UAE–backed investment vehicle agreed to purchase a 49% stake in World Liberty Financial (WLFI) for roughly $500 million.The lawmakers wrote that the transaction…
NEW YORK — While BlackRock’s iShares Bitcoin ETF (IBIT) is among the most successful product launches in Wall Street history, the crypto market’s growing reliance on leverage could be doing long-term damage to bitcoin’s BTC$70,413.42 institutional appeal, according to Robert Mitchnick, head of digital assets at BlackRock.During a conversation with Anthony Pompliano and investor Dan Tapiero at the Bitcoin Investor Week conference in New York on Thursday, Mitchnick said that while bitcoin’s fundamentals remain strong, excessive speculation — particularly on leveraged derivatives platforms — is introducing instability that threatens the asset’s positioning as a serious portfolio hedge.“These days where you…
US lawmakers on Friday stepped up pressure over a reported foreign stake in a crypto firm tied to US President Donald Trump, asking the Treasury’s foreign-investment watchdog to explain whether the deal threatens national security or should be reviewed. Trump And The $500 Million Deal Reports say an Abu Dhabi-linked vehicle paid about $500 million for roughly 49% stake in World Liberty Financial (WLFI ($0.10 · Live)). That investment is said to have put a foreign investor in line to be the largest outside shareholder and to win board seats. Based on reports, critics worry about what access a large…
The Bitcoin price remains in a fragile phase in its broader market structure, alternating between recovery attempts and lingering macro uncertainty. Structurally, the market is in a transitional state, as it leaves euphoric expansion but is not yet fully in capitulation. Ultimately, current price action reflects a tug of war between long-term conviction holders and short-term speculative flows. Nonetheless, on-chain data suggests that the premier cryptocurrency is likely to embark on more trips to the downside. CVDD: Bitcoin’s Compass to Cycle Lows Since 2012 In a recent post on the X platform, market analyst Ali Martinez revealed that the Cumulative…
World Liberty Financial Token (WLFI), a DeFi governance token affiliated with the Trump family, may have signaled a major market breakdown hours before Bitcoin moved, according to a new analysis by data provider Amberdata.The report examines trading activity on Oct. 10, 2025, when roughly $6.93 billion in leveraged crypto positions were liquidated in under an hour. Bitcoin (BTC) fell about 15% and Ether (ETH) dropped roughly 20%, while smaller tokens lost as much as 70%. Amberdata found that WLFI began a sharp decline more than five hours before the broader market downturn. At the time, Bitcoin was still trading near…
A divergence in global bitcoin BTC$69,827.28 market sentiment is widening as U.S. institutional investors hold steady while offshore traders retreat from their positions.The gap is clearest in futures markets. CME, the go-to platform for hedge funds and institutional desks in the U.S., shows traders are still paying a premium to stay long on bitcoin, according to NYDIG’s head of research, Greg Cipolaro.This is evident on a one-month annualized basis, essentially the markup for futures over spot prices, which remains higher than on its offshore counterpart, Deribit. “The more pronounced drop in offshore basis suggests reduced appetite for leveraged long exposure,”…