Michael Saylor, executive chair of Strategy, denied reports that the company was offloading some of its Bitcoin amid a flash crash in the cryptocurrency’s price. In a Friday X post, Saylor said that there was “no truth” to a report claiming that Strategy reduced its overall Bitcoin (BTC) holdings by about 47,000 BTC, or $4.6 … Read more
WisdomTree’s head of digital assets, Will Peck, anticipates that exchange-traded funds (ETF) that hold diversified baskets of cryptocurrencies will fill a significant gap in the market in the coming years. “It does seem like that’s going to be one of the next waves of adoption,” Peck told Cointelegraph at The Bridge conference in New York … Read more
Today in crypto, Steak ‘n Shake announces expansion into El Salvador, Robert Kiyosaki argues a global cash shortage is driving the market crash and says he’s holding Bitcoin and gold, and crypto executive Jeff Park voiced support for the CFTC taking the lead on crypto regulation. Steak ‘n Shake announces expansion into El Salvador American … Read more
Key takeaways: Long-term investors have been selling 45,000 ETH daily, increasing sell-side pressure. Ether’s 50-week EMA and bear flag breakdown target $2,500. Ether’s (ETH) drop toward $3,000 on Friday was preceded by a significant amount of offloads from long-term holders, which some analysts said may lead to a deeper price correction. Long-term holders are offloading … Read more
Cryptocurrency markets have extended their decline despite much-awaited political developments taking place in the US. On Wednesday, President Donald Trump signed a funding bill to end the record 43-day US government shutdown, after the bill passed through the Senate on Monday and was approved by the House of Representatives on Wednesday. The bill provides funding … Read more
Key points: Bitcoin has broken below the psychological support at $100,000, opening the gates for a potential sell-off to $87,800. Several major altcoins are approaching their support levels but have failed to bounce with strength, increasing the risk of a breakdown. Bitcoin (BTC) appears weak in the near term as bears pull the price further … Read more
Today in crypto, Steak ‘n Shake announces expansion into El Salvador, Robert Kiyosaki argues a global cash shortage is driving the market crash and says he’s holding Bitcoin and gold, and crypto executive Jeff Park voiced support for the CFTC taking the lead on crypto regulation. Steak ‘n Shake announces expansion into El Salvador American … Read more
Steak ‘n Shake, a fast food restaurant company in the United States that accepts Bitcoin (BTC), announced on Saturday that it is expanding into El Salvador. “We were honored to be in Bitcoin Country,” the company said in an X post following Steak ‘n Shake’s participation in the country’s Bitcoin Histórico event on Wednesday and … Read more
The crypto market’s long-term fundamentals look promising, despite the shakeup in October and November that has left asset prices down and investor sentiment to crater, according to Hunter Horsley, CEO of investment firm Bitwise. Horsley said the four-year market cycle is dead, replaced by a more mature market structure and changed dynamics due to the … Read more
Bitcoin’s (BTC) latest drawdown has pushed the asset to its lowest price since May 2025, and Strategy’s MSTR stock is also feeling the pressure. Stock prices slipped to $197 at pre-market for the first time since October 2024, extending its woes. Key takeaways: Strategy’s $5.77 billion Bitcoin move is likely a custodial relocation. MSTR’s Net … Read more