Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR). MicroStrategy (MSTR), led by Executive Chairman Michael Saylor, added to its bitcoin (BTC) holdings for a 12th straight week. In the week ended Jan. 26, the company bought 10,107 BTC, taking its total holdings to 471,107 BTC, Saylor wrote in a post on … Read more
By Omkar Godbole (All times ET unless indicated otherwise) Last week, we described bitcoin above $100,000 as a coiled spring ready to unleash energy in either direction. Unfortunately for the bulls, that energy is being released downward as market sentiment shifts in response to concerns over the impact of the low-cost Chinese AI startup DeepSeek … Read more
Bitcoin (BTC) fell just below $98,000, a near 10% drawdown from all time highs, with investors questioning the continuation of the bull run. The fall was attributed to the concerns about China’s DeepSeek Artificial Intelligence hyper-efficient model competing with the U.S. industry at a fraction of the cost. Since President Trump won the U.S. election, … Read more
Bitcoin (BTC) market sentiment has turned bearish, with Wall Street’s tech-heavy Nasdaq futures trading 700 points lower. The risk aversion is driven by concerns that the cost-effective Chinese artificial intelligence startup DeepSeek could significantly challenge U.S. technological dominance. Bitcoin’s perpetual futures funding rates, periodic payments made between long and short positions in perpetual futures contracts, … Read more
Bitcoin (BTC) miners Bitdeer Technologies (BTDR), CleanSpark (CLSK) and Core Scientific (CORZ) were initiated with an outperform rating by KBW, the investment bank said in a report Monday. The three bitcoin mining companies offer varying degrees of exposure to the largest cryptocurrency, the bank said. Bitdeer offers diverse exposure to a bitcoin mining business model … Read more
Crypto exchange Bitpanda said it secured a markets in crypto assets license (MiCA) from the German Federal Financial Supervisory Authority (BaFin). The crypto asset service provider license will enable the exchange to operate across the European Union’s 27 nations. The Austria-based company had 6 million users in December and will use the license to accelerate … Read more
Bitcoin (BTC) may drop to $75,000 should it trigger a so-called ‘double top’ bearish reversal pattern. A double top comprises two consecutive peaks at approximately the same price, with a trendline drawn through the low point between these peaks. The failure to break above the previous peak, followed by a subsequent decline, suggests that the … Read more
Bitcoin (BTC) dropped to under $99,000 early Monday as traders took profits ahead of the first U.S. FOMC meeting this year, scheduled for later this week, and China-based AI stalwart DeepSeek impacted U.S. tech sector sentiment. Traders expect no indications of a rate cut at the two-day FOMC meeting scheduled for Jan. 28 to Jan. … Read more
Bitcoin (BTC) dropped to under $99,000 early Monday as traders took profits ahead of the first U.S. FOMC meeting this year, scheduled for later this week, and China-based AI stalwart DeepSeek impacted U.S. tech sector sentiment. Traders expect no indications of a rate cut at the two-day FOMC meeting scheduled for Jan. 28 to Jan. … Read more
Bullish bets on higher crypto prices lost $770 million in the past 24 hours as bitcoin fell under $100,000, leading to some majors rapidly losing momentum in a bloody start to the week. Solana’s SOL and dogecoin (DOGE) dropped more than 10% to lead losses among majors, while ether (ETH), BNB Chain’s bnb, xrp (XRP) … Read more