Bitcoins BTC$78,358.92 price collapse has changed market sentiment and betting on it is sliding further now, as hot as the moonshot plays above $100,000. The leading cryptocurrency by market capitalization has fallen nearly 10% this week, hitting nine-month lows below $78,000, according to CoinDesk data. The price swoon has traders looking for put options, the […]
Bitcoin BTC$78,358.92 suffering from an identity crisis that has nothing to do with fundamentals and everything to do with shrinking attention spans. While gold rose more than 12% and the S&P 500 ticked higher in the past 30 days, bitcoin slid more than 10% in a market that seemed to have no reason to shock
Strategy (MSTR) Executive Chair Michael Saylor indicated that the largest publicly traded holder of bitcoin BTC$78,358.92 bought more of the largest cryptocurrency over the past week. “More Orange,” Saylor wrote in an X post Sunday morning. For months, Saylor has typically previewed Strategy’s bitcoin purchases with a weekend post referencing orange dots, a signal usually
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David Klasing, a California tax attorney, remembers meeting a client whose early cryptocurrency holdings had grown to $700 million in eight years, and after never reporting a dime of it, they were losing sleep over the prospect of being jailed for tax evasion. Klasing says he recommended the client complete a voluntary disclosure, a penalty-reduction
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Michael Saylor, executive chairman of Strategy (MSTR), said the largest publicly traded holder of bitcoin BTC$78,748.36 raised the yield on its preferred stock, Stretch ( STRC ), by 25 basis points to 11.25% for February. Strategy describes Stretch (STRC) as a short-term, high-return savings account. The increase is the sixth since STRC was first traded
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BitMine Immersion’s aggressive ether accumulation has backfired after the recent leg lower in crypto markets, leaving the company with more than $6 billion in paper losses on its ETH holdings. The publicly traded company added over 40,000 ether last week, bringing its total balance to around 4.24 million ETH, according to portfolio tracking data from
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One trader lost more than $220 million on an ether position as a new wave of forced liquidations swept through the crypto markets, pushing total losses over the past 24 hours to nearly $2.6 billion. The largest single liquidation occurred on decentralized derivatives exchange Hyperliquid, where an ETH-USD position worth $222.65 million was wiped out,
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Bitcoin slid sharply on Saturday, falling below $80,000 for the first time since April 2025, as sustained selling pressure and a lack of new capital weighed on crypto markets. The world’s largest cryptocurrency fell as much as 10% to $75,709.88 during New York afternoon trading on Saturday, extending a rally that has now wiped more
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Bitcoin fell below $78,000 on Saturday, extending price weakness into the weekend as traders remained defensive amid geopolitical headlines, political uncertainty in the US and continued turmoil across crypto markets. The world’s largest cryptocurrency fell more than 7% over the past 24 hours, trading around $77,000 per share. CoinDesk data. Trading volume fell into the
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Bitcoin’s drop below $84,200 has sparked an outbreak of panic on social media, with research firm Santiment saying negative comments have jumped to the highest level in 2026 so far. The move pushed BTC sentiment to its lowest level since November 21 and turned sentiment from cautious to outright fear, a shift that tends to
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