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Bitcoin’s late-night spike fuels broad altcoin rally: Crypto Markets Today

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Bitcoin BTC$66,195.14 experienced a volatile trading session overnight, rising as much as 3.7% before giving back some of those gains. The largest cryptocurrency remains in the black since midnight UTC, up 2.4% to trade around $65,600. It is still within a price range that has persisted for the past three weeks. The altcoin market is […]

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These bitcoin-linked stocks are outperforming BTC: Crypto Daybook Americas

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By Omkar Godbole (All times ET unless otherwise noted) Traders chasing alpha might want to take a look at US-listed bitcoin BTC$65,121.75 mining. Some of these companies are surging, boldly breaking free from cryptocurrency’s choppy price action. Shares of Terawulf (WULF) are up 31% this month, even as bitcoin’s spot price is down nearly 17%.

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Circle ( CRCL ) shares jump 15% premarket as earnings beat estimates

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Circle (CRCL) shares jumped over 15% in pre-market trading after the stablecoin issuer’s earnings per share share (EPS) in the fourth quarter beat analysts’ forecasts. The USDC stablecoin issuer reported EPS of $0.43, compared to a consensus estimate of $0.16, according to FactSet data. The New York-based company also posted earnings before interest, taxes, depreciation

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Late. Blumenthal is investigating Binance over alleged $1.7 billion in crypto Iran-related transactions

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US Senator Richard Blumenthal, a top Democrat on the Senate Homeland Security Committee, on Tuesday opened an investigation into alleged sanctions violations at the crypto exchange Binance, the New York Times reported on Wednesday. Blumenthal, who represents Connecticut, sent Binance a letter asking about the $1.7 billion allegedly transferred from accounts on the platform to

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MSTR tops the list of most heavily shorted stocks, but don’t assume pure bearishness

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The market for Bitcoin-holding Strategy (MSTR) stocks is among the most “heavily shorted,” a market slang term for dominance of bearish plays, according to data from FactSet and Goldman Sachs. Still, the positioning may not reflect investors’ bias against a continued price crash, according to some observers. According to the report released last week, bearish

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Leading stablecoin tether shrinks again as market cap looks set for second straight monthly decline

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Tether USDT$1.0003the world’s largest stablecoin by market capitalization, continues to shrink and looks set for a second straight monthly decline, signaling challenging conditions for a sustainable broader market recovery. Tether’s market cap has fallen 0.8% to $183.61 billion this month, extending January’s 1% slide from a record $186.84 billion, according to data source CoinDesk. This

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Vitalik Buterin Sold 17,000 ETH This Month As Ether Dropped 37%

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Vitalik Buterin earmarked 17,000 ether worth about $43 million for privacy projects in January. A month later, his wallet balance has dropped by about that amount, and the token he’s selling has lost more than a third of its value. Arkham Intelligence data shows Buterin’s attributed wallets held around 241,000 ETH in early February. That

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Anchorage Digital holds Strategy holds bitcoin holder Strategy’s preferred stock

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Anchorage Digital, the first crypto firm to secure a US bank charter, said on Wednesday that its holding of a perpetual preferred stock in bitcoin tax firm Strategy on its balance sheet. Anchorage CEO Nathan McCauley called it “conviction compounding.” “Institutions don’t just talk about Bitcoin, they structure around it. When the company that operationalized

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DOGE jumps 5% when breakout turns resistance into support

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Dogecoin pushed higher on excessive volume after repeatedly testing resistance, turning a key ceiling into support and setting up a short-term test of the next supply zone. News background DOGE advanced alongside a stabilizing broader crypto market, with buyers stepping in after several sessions of tight consolidation. The move was not driven by token-specific headlines,

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