Key takeaways: Bitcoin sits above $71,000 as weak US economic data and the US and Israel-Iran war drive investors toward scarce assets. Tech stocks’ correlation to BTC and rising oil prices suggest that the 5-month correction from $126,000 might not be over. Bitcoin (BTC) jumped above $73,000 on Friday, successfully locking in the 70,000 support … Read more
Billionaire investor Stanley Druckenmiller said blockchain and stablecoins may only be a decade away from powering the global payments system — though he isn’t sold on the idea of crypto functioning as a store of value. In an interview with Morgan Stanley recorded on Jan. 30 and released on Friday, the former hedge fund manager … Read more
The Bitcoin Policy Institute (BPI), an industry advocacy group, is eyeing a target window between March and August 2026 to pass a de minimis tax exemption for Bitcoin through Congress, warning that time to pass meaningful legislation is running out. BPI said it has engaged with 19 Congressional offices in both the House and Senate … Read more
Bitcoin (BTC) price rallied close to a monthly high near $74,000, posting a 10.42% weekly gain, its strongest seven-day return since September 2025. The spot market activity, exchange-traded fund (ETF) flows, and corporate-level BTC accumulation suggest a positive shift in demand, as analysts monitor whether the renewed buying pressure can support a rally to higher … Read more
Crypto exchange KuCoin has launched equity-linked perpetual derivatives tied to stocks, including Tesla and Strategy, allowing traders to speculate on their price movements through USDt-settled contracts that trade around the clock. According to Friday’s announcement, the first listings include TSLAUSDT and MSTRUSDT perpetual contracts, which track price movements in the underlying equities but do not … Read more
The Bank of England’s (BOE) position on stablecoins is evolving to a more friendly stance, but according to the bank’s deputy governor, constructive dialogue with the industry is still lacking. The UK’s central bank launched a consultation on stablecoins in November last year. Some of the proposed requirements drew the ire of crypto industry representatives, … Read more
Bitcoin (BTC) hit eight-day highs into Friday’s Wall Street open as markets awaited key US inflation cues. Key points: Bitcoin shows resilience despite macro market uncertainty with another push beyond $72,000. Key US inflation data increased the chances of risk-asset volatility to come. BTC price gains outperform macro assets since the start of the Iran … Read more
Many Bitcoin miners are struggling to turn a profit this market cycle due to diminishing returns, so they may need to pivot to artificial intelligence hosting or put their holdings to work to generate yields, says market maker Wintermute. Wintermute said in a blog post on Thursday that Bitcoin (BTC) miners have spent years building … Read more
A crypto user has lost millions during a crypto swap on the decentralized finance protocol Aave, with a Maximal Extractable Value, or MEV, bot also front-running the transaction to make almost $10 million. A recently funded wallet from Binance containing $50.4 million USDt (USDT) executed a swap via decentralized exchange aggregator CoW Protocol and the … Read more
BlackRock’s staked Ethereum exchange-traded fund has tallied $15.5 million in trading volume on its first trading day, which a market analyst described as “very, very solid” despite falling short of two similar Solana staking products that launched last year. Nasdaq data shows the iShares Staked Ethereum Trust (ETHB) had 592,804 shares traded on its debut … Read more