Bitcoin hovered around $61,000 after a tough week, dropping below $60,000 briefly—the lowest since October 2024 and over 50% down from its all-time high. The sell-off was driven by investors shifting funds to upcoming high-profile tech IPOs like SpaceX and AI companies, alongside concerns over persistent inflation and resilient labor markets. Technical indicators suggest Bitcoin may be entering a bear market, with some institutional investors pulling out of crypto ETFs. Analysts warn that Bitcoin's decline could continue until the tech IPO excitement fades and investment cash flows back to crypto.
Strategy holds over 818,000 BTC valued at $54 billion and has raised significant capital to sustain growth through bitcoin market cycles. It focuses on bitcoin-per-share growth rather than dividends, with a strong balance sheet designed to survive bi...
Last week, top leveraged and inverse ETFs posted significant gains, driven by sharp declines in cryptocurrencies like Bitcoin and Ethereum, and concerns over prolonged high interest rates. Notably, the T-Rex 2X Inverse MSTR ETF surged over 63% as Mic...
Lawrence Lepard, a bitcoin advocate, forecasts MicroStrategy (MSTR) stock could reach $1,000 within a few years, viewing it as a leveraged proxy for Bitcoin. MicroStrategy borrows in dollars to buy Bitcoin, amplifying Bitcoin's price moves, which Lep...
Bitcoin climbed back above $60,000 after dipping below that level for the first time since October 2024, despite losing about 27% of its value in 2026 and being 50% off its all-time high. Traders remain active in crypto markets, with significant opti...
Strategy Inc. recently broke its 'never sell' Bitcoin rule by selling 32 BTC to pay over $750 million in preferred stock dividends, creating new financial risks amid declining USD reserves. However, the company also bought 1,550 BTC at $65,332 each, ...
