Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR). Led by Executive Chairman Michael Saylor, MicroStrategy (MSTR) has again added to its massive bitcoin (BTC) stack. In the week ending Jan 19, the company purchased 11,000 BTC for $1.1 billion, taking its total holdings to 461,000 BTC. This latest bitcoin average purchase … Read more
The FTX collapse may seem like a distant memory, when bitcoin (BTC) fell to around $15,500 in November 2022. The sentiment during the period was extreme fear, and the industry never thought it would recover. But just over two years later, bitcoin is trading over $100,000 with a new presumably crypto-friendly U.S. administration in charge. … Read more
Dogecoin (DOGE) and parody DOGE tokens showed mixed movements alongside a broader market decline even as Donald Trump officially unveiled a Department of Government Efficiency at his Monday inauguration — bucking a historic tendency of the tokens to move higher on such mentions. “To restore competence and effectiveness to our federal government, my administration will … Read more
By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin held above $100,000, with VET, ENA, LINK and LDO posting notable gains a day after President Donald Trump bypassed mentioning crypto or a strategic bitcoin reserve in his inauguration speech. Signals from the bitcoin options market indicate heightened expectations for short-term price turbulence alongside signs … Read more
The development arm of Tokenize Xchange has acquired blockchain intelligence platform Coinseeker at a valuation of $30 million. Titan Lab, the developer of Titan Chain, on which Tokenize runs, plans to incorporate Coinseeker’s AI-powered analytics, ratings and other insights into its operations, according to an emailed announcement on Tuesday. Singapore-based Tokenize is a digital asset … Read more
The institutionalization of crypto markets means that bitcoin (BTC) is no longer considered a niche investment, and increased adoption is forcing hesitant investors to reconsider the asset class, WisdomTree said in a report Monday, which looked at crypto trends for 2025. The investment manager noted that portfolios with allocations to bitcoin are consistently outperforming those … Read more
President Donald Trump didn’t mention bitcoin (BTC) during his inaugural speech and crypto was absent from his first batch of executive orders, but Polymarket bettors are confident a pardon for Silk Road founder Ross Ulbricht will be coming soon. A Polymarket contract asking who Trump will pardon in his first 100 days in office shot … Read more
Some issues never truly go away, and the U.S. debt ceiling, which limits the maximum amount the government can borrow, is one of them. It’s back in the spotlight, but past experience suggests it could be positive for bitcoin (BTC) and risk assets in general. The U.S. will hit its roughly $36 trillion debt limit … Read more
A short-lived Trump family token frenzy has left hopeful investors with steep losses. Official memecoins of U.S. President Donald Trump and First Lady Melania are down as much as 60% in the past 24 hours amid heavy profit-taking after Monday’s inauguration. Futures tracking the two tokens have fared similarly bad for traders — with liquidation … Read more
Deribit-listed options show a persistent bullish outlook for bitcoin relative to ether, following President Donald Trump’s omission of any crypto mention in his inaugural speech on Monday. As of noon Hong Kong Time, BTC call options, which offer a bullish exposure in the leading cryptocurrency, traded pricier than ETH calls across time frames, according to … Read more