Bitcoin gets a positive bounce following State of the Union
Bitcoin bounced back following President Trump’s State of the Union speech Tuesday evening and is up 5.7% in the last 24 hours. The asset reached $66,900 Wednesday morning, a welcome reprieve after dr...
Bitcoin falls 50% from all-time high and on track for its worst month since June 2022
Bitcoin fell below $63,000 early Tuesday morning, a 50% drop from its October 6 all-time high . The asset is down 19% so far in February, marking its worst month since June 2022, when it was down 37.2...
Bitcoin market pain intensifies as ETF outflows continue and miner exits for AI
To say the sentiment around is gloomy is to put it mildly. The asset is continuing to struggle, dropping below $65,000 on Sunday evening. As of 9:30 a.m. ET Monday, bitcoin’s market cap has dropped t...
Have we reached the bitcoin bottom yet? Many experts don’t think so.
Bitcoin has been stuck in the mid- to low $60,000s for the past 10 days, struggling to break above $70,000. Macro-driven factors, uncertainty around the Federal Reserve’s rate path, and flaring geopol...
Figure Technology rises amid big appetite for its blockchain-native share offering
is rising in early trading after upsizing its secondary offering of “blockchain native” shares. The offering is priced at $32, roughly a 13% discount to Tuesday’s closing price and below any closing p...
Analyst says key bitcoin level to watch is “decision band” in $67,000 range
Bitcoin remains stuck in the $67,000 range, with no clear direction or catalysts, down 46% from its October 6 all-time high. Opinions differ as to whether the asset has already bottomed out or is stil...
Bitcoin struggles to reach $70,000 as it heads for worst Q1 since 2018
Bitcoin is struggling to stay above $70,000, a level it briefly broke over the weekend, as a lack of catalysts coupled with macro-driven factors are keeping the price stagnant in the mid- to high $60,...
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Three Gemini top executives leave in “big shakeup,” shares plummet
, the crypto firm the Winklevoss brothers founded, announced it will be parting ways with three executives, COO Marshall Beard, CFO Dan Chen, and CLO Tyler Meade, effective today, according to a Febru...
Coinbase posts record stablecoin revenue but falls short of expectations for Q4 sales
Shares of cryptocurrency exchange Coinbase jumped after-hours on Thursday after the company reported record stablecoin revenue, despite Q4 revenue numbers that missed Wall Street expectations. The sto...
Standard Chartered lowers bitcoin projection to $100,000, sees bottom at $50,000 “in the next few months”
Standard Chartered lowered its forecast to $100,000 by year-end, down from $150,000 , and expects to see bitcoin drop to $50,000 “in the next few months.” “I think we are going to see more pain and a...
Crypto platform BlockFills halts withdrawals
Crypto lending and trading platform BlockFills has halted customer withdrawals amid the current market downturn, according to The Wall Street Journal , a development that recalls the broader meltdown...
Bitcoin is in a “macro tug-of-war” as asset struggles to recover
Bitcoin dipped below $67,000 early Wednesday morning, but a better-than-expected jobs report has lifted back above that level. Gracy Chen, Bitget CEO, said that over the past week, bitcoin has been t...
Analysts give mixed reviews on Robinhood’s Q4 results
remained down in premarket trading after delivering Q4 results Tuesday that fell short of some of Wall Street’s expectations, partly due to a slide in crypto trading. Here’s what analysts had to say a...
Abra CEO: This is not bitcoin’s “worst time ever” and advises “when in doubt, zoom out”
Bitcoin is having a hard time recovering from last week’s drop to $63,000 , and is hovering under the $68,000 level Tuesday morning. A slew of risks, a lack of catalysts , and the October 10 liquidati...
Bernstein analyst says “bitcoin bear case is the weakest in its history,” maintains $150,000 price target
Bitcoin regained some ground over the weekend, pushing past $72,000, but dropped back below $70,000 on Monday morning . The asset is down over 3% in the past 24 hours. Last week, was a bloodbath for ...
Crypto-linked stocks slide as bitcoin tumbles back below $70,000
is back to singing the blues, pulling a host of crypto-adjacent stocks lower in premarket trading. , , , and are all down roughly 2% or more as of 5:50 a.m. ET. The crypto asset rose 11.5% on Friday,...
Bitcoin rebounds after dreadful day that saw $1.26 billion in liquidations
The bloodbath bitcoin’s been suffering seems to have been staunched, at least as of Friday morning, following the asset dropping to the $63,000 level on Thursday, it’s lowest price since October 2024....
Strategy misses Q4 earnings expectations
Strategy, the largest corporate bitcoin holder, with 713,502 bitcoin, reported fourth-quarter earnings today that missed analysts’ earnings-per-share estimates. Shares were slightly down after-hours, ...
Bitcoin faces not only short-term risks but a lack of catalysts for a turnaround
Bitcoin is having a rough start to the new year, falling below $67,000 early Thursday morning, its lowest level since October 2024. It’s down 23% over the past week and ~46% from its October 6 all-tim...
Crypto crumble smokes bitcoin-sensitive stocks and speculative tech
It’s a rough day out there, with the pain in the crypto markets being felt among select subgroups of US equities. Shortly before 2 p.m. ET on Wednesday, here’s a snapshot of where some of the worst pi...