Talk about frenzied trading. On Thursday, BlackRock’s spot Bitcoin exchange-traded fund, tickered as IBIT, hit a wild record with over 284 million shares traded, per Nasdaq data. That’s a whopping $10 billion-plus in notional value. To put it in perspective, that smashed the old record of 169.21 million shares from Nov. 21 by a massive…
Crypto market sentiment sank to its bleakest level since the FTX collapse after bitcoin’s sharp drop this week dragged prices across the board and forced a wave of deleveraging. The widely followed Crypto Fear and Greed Index fell to 9 on Friday, a reading categorized as “extreme fear” and one that has historically only appeared…
Key takeawys: Bitcoin fell below $63,000 as weak US job data and concerns over AI industry investments fueled investor risk aversion. Options markets show a 6% chance of Bitcoin returning to $90,000 by March. Bitcoin (BTC) slid below $63,000 on Thursday, hitting its lowest level since November 2024. The 30% drop since the failed attempt…
Strategy (MSTR) reported a net loss of $12.4 billion in the fourth quarter of 2025 as the price of bitcoin BTC$71,091.27 tumbled from about $120,000 on October 1 to roughly $89,000 to close the year. Things have only gotten worse since, with the price of bitcoin falling hard in recent weeks and finally crashing on…
U.S. Treasury Secretary Scott Bessent fired warning shots at crypto insiders who are pushing back in the negotiations over a digital assets market structure bill in the Senate — briefly aligning with Democratic Senator Mark Warner in expressing frustration during a hearing on Thursday. “There seems to be a nihilist group in the industry who…
In today’s newsletter, Glenn Williams Jr from ProShares writes about growing investment in cryptocurrencies outside of bitcoin. Then, Michael Sena from Recall Labs answers questions about portfolio construction and diversification in Ask an Expert. – Sarah Morton Investors are broadening their crypto horizons As the number of cryptocurrencies has expanded, investor appetite for broader exposure…
Institutional attitudes toward bitcoin yield are beginning to shift and there is now renewed interest in BTC rewards after years of skepticism driven by smart-contract risk, leverage, and opaque strategies, GlobalStake co-founder Thomas Chaffee told CoinDesk on Thursday. Products that allow users to earn a return on their bitcoin holdings often require wrapping BTC into…
Bitcoin BTC$71,091.27 is now approximately 20% below its estimated average production cost, increasing financial pressure across the BTC mining sector. The average cost to mine one bitcoin is around $87,000, according to data from Checkonchain, while the spot price has fallen towards $70,000. Historically, trading below production cost has been a feature of a bear…
Bitcoin clawed its way back above $71,000 on Thursday after a sharp selloff earlier in the day dragged prices briefly below the $70,000 mark, mirroring tentative stabilization across global markets. The move came as a broader rout in technology stocks showed signs of fatigue. Futures tied to the Nasdaq 100 edged higher after two bruising…
Crypto billionaire Justin Sun endorsed Tron Inc.’s strategy of stacking the TRX token, which has recently outperformed bitcoin BTC$70,853.46, as a core treasury asset, spotlighting their latest dip buy with a simple “keep going” on X. The Nasdaq-listed Tron Inc. announced that it acquired 175,507 TRX tokens on Wednesday at an average price of $0.28,…
