Despite bitcoin’s recent sharp decline, Wall Street bank JPMorgan is sticking to its volatility-adjusted BTC-versus-gold model target, which points to a theoretical price near $170,000 over the next six to 12 months. The world’s largest cryptocurrency was trading around $91,200 at the time of publication. Strategy (MSTR) is a key driver of bitcoin BTC$90,860.13with markets […]
JPM is sticking to the $170,000 goal Read More »
By Francisco Rodrigues (all times ET unless otherwise noted) Bitcoin is hovering around $91,300 after falling more than 2.2% in 24 hours, a better performance than the broader crypto market’s 3.2% drop as measured by the CoinDesk 20 (CD20) index. The background is messy. A record-long US government shutdown has delayed key labor reports, although
Shift to Long-Term Thinking: Crypto Daybook Americas Read More »
BlackRock’s flagship Bitcoin ETF is seeing its heaviest redemption cycle since launch, with more than $2.7 billion withdrawn over the past five weeks as institutional flows continue to ease for year-end. The iShares Bitcoin Trust (IBIT), which ballooned into a $71 billion vehicle during Bitcoin’s run to record highs, has now recorded five straight weeks
Faces Record Outflow Run As BTC Struggles To Regain Bull Trend Read More »
Prediction market Polymarket is hiring an in-house market-making team that will deal directly with clients – a move that could blur the lines between a prediction market and a traditional sportsbook. The company has recently been talking to traders and sports bettors about building the new desk, according to Bloomberg, citing people familiar with the
Polymarket wants to be the house – Critics say it’s a problem Read More »
Kraken, the cryptocurrency exchange preparing to go public in the US early next year, has unveiled an invitation-only VIP program tailored for ultra-high-net-worth individuals, sophisticated traders and strategic capital allocators, the company said. Crypto exchanges are looking to fill the gap when it comes to providing high-touch services to wealthy individuals, family offices and private
Kraken Launches High-Touch VIP Program for Ultra High Net Worth Clients Read More »
Bitcoin price today: drops to $92k ahead of PCE inflation, potential Fed cut
Bitcoin price today: drops to $92k ahead of PCE inflation, potential Fed cut Read More »
Abu Dhabi-focused Solana infrastructure firm Solmate (SLMT) has signed a non-binding term sheet to acquire digital asset firm RockawayX in an all-stock deal that would create an institutional crypto group with more than $2 billion in assets and third-party stake. The combined company would fold RockawayX’s infrastructure, liquidity and asset management units into Solmate, which
Solmate buys RockawayX in one-stop deal to build $2bn Solana institutional giant Read More »
Bitcoin hovered around $92,000 on Friday after another failed attempt to break above $93,000 overnight, extending the choppy, directionless structure that has defined the past several sessions. The move reinforces the same pattern that has persisted since late November, with sellers defending the mid-$93,000s, buyers stepping in near $91,000, and neither side gaining enough momentum
Extend Losses as Bitcoin’s $91K Support Back in Focus Read More »
Ripple’s token breaks critical floor of $2.07 amid rising volume, signaling a deeper correction ahead. News background XRP continues to face conflicting forces as short-term technical weaknesses collide with strengthening institutional adoption. Spot XRP ETFs have now attracted nearly $850 million in inflows since launching in mid-November — one of the strongest altcoin ETFs ever
Ripple at risk of $2.05 Retest as Bitcoin gives back weekly gains Read More »
Meme coin breaks key technical level as institutional-sized trades dominate Wednesday’s session amid ETF filings. News background Dogecoin’s decline came despite an increase in network activity and renewed ETF speculation. Both 21Shares and Grayscale advanced filings for spot DOGE ETFs, adding to expectations that meme coins could see wider institutional availability in the coming months.
ETF meets bearish reality as Dogecoin posts fresh lower lows Read More »
