OpenAI’s founders are on the cover of TIME magazine’s Sept. 7 issue, arms crossed beneath the headline “Trust Us.” For AI bulls, it is a milestone. For contrarians, it is also the kind of mainstream cultural moment that has marked the late stages of past market manias. The idea is known as the magazine-cover indicator. […]
Goldman Sachs has become the largest institutional holder of U.S. spot XRP ETFs, according to second-quarter 2026 13F filings. The Wall Street bank reported $87.45 million in XRP ETF exposure, equivalent to holdings linked to more than 84 million XRP, placing it well ahead of all other disclosed investors. The latest filings show Goldman Sachs […]
Strategy raised $602.8 million by selling 4,531,421 MSTR common shares in one week, then split the proceeds among a renewed Bitcoin purchase, support for its STRC preferred stock, and additional cash. The company’s Aug. 31 filing attributed $369.7 million to buying Bitcoin, $151.8 million to repurchasing 1,557,177 STRC shares, $50.7 million to STRC dividends, and […]
Bitcoin recorded a cumulative gain of nearly 25% throughout the month of August. Spot trading volume surpassed $34 billion over the past 24 hours. Short position liquidations on major exchanges reached $180 million over the past week. The cryptocurrency market begins its monthly close as Bitcoin defies pressure above $79,020, consolidating a gain of nearly […]
Strong August Performance Bitcoin’s price appeared to consolidate around $78,000 on the last day of August after the latest direct military exchanges between the U.S. military and Iranian forces sent it tumbling. Market data showed the cryptocurrency appeared to be on course to test the $80,000 resistance again after easily reclaiming $79,000 Sunday afternoon. However, […]
Bitcoin shrugged off tensions in the Middle East, barely moving despite U.S. President Donald Trump vowing on Monday to hit Iran hard. The price of the biggest cryptocurrency recently stood at $79,076, unmoved over a 24-hour period. The coin also hasn’t budged from where it stood seven days ago. Bitcoin started a phenomenal run two […]
Remarkable statements continue to emerge regarding institutional investor interest in the Bitcoin market. CK Zheng, former global valuation risk manager at Credit Suisse, stated that the worst period for Bitcoin may be over and predicted that the $BTC price could reach $150,000 by the end of 2027. According to Zheng, key factors that could support […]
During the three months ending June 30, CleanSpark put 9,400 Bitcoin-equivalent call contracts through Spot+, its strategy for selling options around ongoing sales from its corporate Bitcoin treasury. Because the figure is expressed in Bitcoin equivalents, it can resemble a balance-sheet position even though it measures a quarter’s trading flow. In its Aug. 6 quarterly […]
Bitcoin’s ability to extend its August rally has come under a fresh test as analysts have pointed to sustained spot ETF demand as a key requirement for overcoming rising expectations of a September Federal Reserve rate hike. According to Bitfinex analysts in an Aug. 31 market report shared with crypto.news, Bitcoin’s latest advance has relied […]
XRP’s rapid late August rise, which ensured the token is 27.07% in the green on the monthly chart, appears likely to turn into a slower uptrend in September, based on the forecast made by the Finbold artificial intelligence (AI) agent. XRP price one-month chart. Source: XRP Specifically, after consulting multiple technical analysis (TA) tools, including […]