Bitcoin fell by more than $10,000 in a single day for the first time, with BTC price bear market analysis warning that a rebound could take several years. Read More at https://cointelegraph.com/news/bitcoin-record-10k-drop-model-93-5k-only-return-2028?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
Bitcoin ETFs shed $434M as BTC briefly touches $60K, assets near $80B
Net weekly outflows from Bitcoin ETFs reached $690 million as BTC briefly touched $60,000, reigniting analyst criticism over “paper Bitcoin” and scarcity. Read More at https://cointelegraph.com/news/bitcoin-etf-434-million-outflows-price-touches-60k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Metaplanet vows to keep buying Bitcoin as sentiment craters
Metaplanet CEO Simon Gerovich is sticking with the company’s Bitcoin accumulation plan despite a brutal drawdown in both its stock and the wider crypto market. Read More at https://cointelegraph.com/news/metaplanet-vows-to-keep-buying-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Large Bitcoin holders’ share of supply hits 9-month low amid price drop
Santiment says the pattern of large holders selling while retail scoops up Bitcoin is “what historically creates bear cycles.” Read More at https://cointelegraph.com/news/bitcoin-price-plunge-large-holders-supply-drops-santiment?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Tether makes $150M investment in Gold.com in latest gold play
Tether and Gold.com are exploring options to allow the use of Tether’s stablecoins to purchase physical gold. Read More at https://cointelegraph.com/news/tether-invests-150-million-in-gold-com?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Banks and crypto could offer similar products in time: Bessent
US Treasury Secretary Scott Bessent says banks and crypto may begin to offer similar products, and pledged to prevent deposit flight concerns that are stalling a key crypto bill. Read More at https://cointelegraph.com/news/banks-crypto-could-offer-similar-products-in-time-bessent?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin miners IREN, CleanSpark shares plunge as earnings fall short
Crypto mining stocks have declined across the board the value of the entire crypto market fell almost 9% on Thursday. Read More at https://cointelegraph.com/news/bitcoin-miners-iren-cleanspark-financial-earnings-short?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Kalshi boosts surveillance ahead of Super Bowl with independent committee
Kalshi has seen nearly $170 million in Super Bowl-related bets, and its move to boost oversight comes as prediction markets come under scrutiny by regulators and Congress. Read More at https://cointelegraph.com/news/kalshi-boosts-predictions-markets-surveillance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto sentiment at lowest point since 2022 crash as Bitcoin tanks to $60K
Bitcoin plummeted to a low of around $60,000 after the Crypto Fear & Greed Index hit its lowest score since mid-2022, when the Terra blockchain collapsed. Read More at https://cointelegraph.com/news/crypto-sentiment-at-lowest-point-since-luna-crash-as-btc-tanks-to-60k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BlackRock’s IBIT hits daily volume record of $10B amid Bitcoin crash
Traders were active in BlackRock’s iShares Bitcoin Trust ETF on Thursday as Bitcoin plummeted, falling 12% in the last 24 hours. Read More at https://cointelegraph.com/news/blackrock-ibit-daily-volume-record-10-billion-bitcoin-crash?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound