Crypto treasury company Strategy is moving forward with its plan to expand Bitcoin holdings, pricing a new euro-denominated perpetual preferred stock designed to fund additional crypto purchases. The company said on Friday that its Series A Perpetual Stream Preferred Stock (STRE) will debut at 80 euros ($92.50) per share, raising an estimated 608.8 million euros … Read more
Key takeaways: Bitcoin analyst Timothy Peterson expects two to six months for recovery, though forecasts remain divided. One model cites historical price action breakout phases from 2017, 2021 and 2024. Bitcoin’s (BTC) recent correction has tempered bullish enthusiasm, with analysts now projecting a slower path toward new highs. Since reaching an all-time high of $126,200 … Read more
Shares of crypto-focused companies have tumbled this week, capping a bruising stretch for the digital asset sector marked by renewed macroeconomic fears and lingering fallout from October’s liquidity crunch and mixed corporate earnings. Coinbase (COIN), Block Inc. (XYZ) and Robinhood (HOOD) have fallen 11% to 14% this week, according to Google Finance data, erasing recent … Read more
Bitcoin retail investors are snapping up Bitcoin as whales sell off, a pattern that could signal trouble for the asset’s price if history is any guide, according to sentiment platform Santiment. However, other crypto analysts are divided on how the coming weeks will unfold for Bitcoin (BTC). “Historically, prices tend to follow the direction of … Read more
Bitcoin exchange-traded funds (ETFs) saw less than $1 billion in outflows following the historic crypto market crash in October that caused a 20% decline in BTC’s price, according to senior Bloomberg ETF analyst Eric Balchunas. The ETFs broke a six-day outflow streak on Thursday, recording about $240 million in capital inflows, Balchunas said, sharing a … Read more
The month-long slide in crypto prices hasn’t just hit major assets like Bitcoin (BTC) and Ether (ETH) — it’s also dealing heavy losses to digital asset treasury companies that built their business models around accumulating crypto on their balance sheets. That’s one of the key takeaways from a recent social media analysis by onchain data … Read more
Bitcoin’s mining sector is under mounting pressure as the hash price, the industry’s key profitability metric, slips toward levels that could force smaller operators offline and strain the wider supply chain. Hash price, which measures expected daily revenue per unit of computational power, is currently around $42 per petahash per second (PH/s). The metric has … Read more
Jurors who will decide whether two brothers are guilty beyond a reasonable doubt in a case involving maximal extractable value (MEV) bots on the Ethereum blockchain are no closer to reaching a verdict going into the weekend. According to reporting from Inner City Press at a New York City court on Friday, the jurors in … Read more
My First Bitcoin, a Bitcoin education program founded in El Salvador, has ended its collaboration with the country’s Ministry of Education and will transition from running local classes to supporting global Bitcoin education initiatives. The organization has educated more than 27,000 students in person about Bitcoin (BTC) — primarily in El Salvador — and now … Read more
The Balancer Decentralized Autonomous Organization (DAO) issued an onchain notice to the wallet holder behind an exploit this week that resulted in more than $100 million in digital assets being stolen. In a Friday X post, Balancer posted a copy of the message it sent to the individual or group responsible for the incident tied … Read more