Escalating tensions in the Middle East and renewed concerns about a potential war between the US and Iran have profoundly shaken global financial markets, including the cryptocurrency world. With the rise in geopolitical risks, the leading cryptocurrency, Bitcoin (BTC), experienced a sharp decline, falling to the $62,000 level. Analyzing the sudden volatility and behind-the-scenes developments […]
Standard Chartered maintained its 2026 year-end price target of $100,000 for Bitcoin, describing $BTC, currently trading around $64,000, as an “extremely strong buying opportunity.” According to The Block, Geoffrey Kendrick, Global Head of Digital Asset Research at Standard Chartered, stated that the recent selling pressure on Bitcoin stemmed not from a weakness in Strategy’s balance […]
A New York lawsuit seeking ownership of thousands of long-dormant Bitcoin wallets, including some believed to date back to the network’s creator, Satoshi Nakamoto, has taken a significant turn. The plaintiffs have withdrawn 44 wallets from the case after on-chain data revealed that the addresses in question had been recently active, directly contradicting their core […]
Matt Cole, CEO of Bitcoin acquisition firm Strive (Nasdaq: ASST), has made a striking commitment regarding the company’s Bitcoin holdings. In a recent interview with Cointelegraph, Cole stated unequivocally that Strive has no intention of selling its Bitcoin, even if the price were to fall to one cent. Zero Debt, Zero Liquidation Risk Cole emphasized […]
Tesla became one of the early firms to embrace $BTC, adding it to its balance sheet in 2021; however, it all but abandoned this initiative, and the total value of its holdings has fallen by two-thirds, despite $BTC appreciating by more than 30%. During this same period Elon Musk, the founder and leader of Tesla, […]
Public companies kept stacking Bitcoin in June, but the month’s real story played out in a corner of the market that did not exist a couple of years ago: the preferred shares that treasury firms now use to fund their coin purchases. A new report from BitcoinTreasuries.net calls June the first true stress test for […]
If the second quarter was bad for bitcoin exchange-traded funds (ETFs), with record outflows of nearly $5 billion, it was even more brutal for private credit. Investors yanked out $4 billion from U.S.-listed spot bitcoin ETFs, led by BlackRock’s IBIT in June alone, according to data source SoSoValue. The outflow was mainly due to capital […]
US President Donald Trump, who attended the NATO Leaders Summit in Ankara, hosted by Turkey for the first time in 22 years, made important statements regarding Iran. At this point, Trump stated that the ceasefire with Iran had ended, thereby reigniting geopolitical tensions in the Middle East. Related News US President Donald Trump Makes Statement […]
Strategy, the largest institutional Bitcoin investor, drew attention this week with its $BTC sales. Market experts say that Strategy’s $BTC sale had a limited impact on the price, and that the price remained resilient despite the sale. On the other hand, while Strategy’s announcement regarding its sales is said to balance the risks, the company’s […]