The thorniest part of Mike Wilson’s pitch isn’t the gold call itself. It’s the word defensive. The Morgan Stanley chief US equity strategist and CIO told Bloomberg Money that gold has been in a bull market for 25 years and still functions as a portfolio shield, according to the original report. For crypto allocators, that […]
On Friday, August 14, Bitcoin [$BTC] briefly fell below the $63k mark, falling as low as $62,535. Incidentally, earlier in August, the same $62.5k area set up a Bitcoin price rebound up to $65.5k. The $BTC average production cost, or mining cost, stood at $76.5k. Despite a 17% drawdown from this price level, miners remained […]
BTC Stumbles Near $63,000 Bitcoin dipped below $63,000 for the second consecutive day on Friday, with the decline deepening in early trading. The cryptocurrency initially appeared to consolidate around $63,400 hours after falling to $62,912 on Thursday. However, a sell-off shortly after midnight dragged the price to $62,670 before it recovered to trade just below […]
Bitcoin has lost half its value since October, sliding from record highs to trade well below the $100,000 mark investors once treated as a floor. For Strategy founder Michael Saylor, the crypto industry’s loudest permabull, this is just Tuesday. “We’ve lived through more brutal drawdowns,” Saylor said, pointing to a 75% collapse in 2021-2022 that […]
Morgan Stanley’s Bitcoin Trust and Grayscale’s Bitcoin Mini Trust ETF were the only US spot Bitcoin funds to attract capital on Aug. 13, offsetting part of a broad withdrawal that pushed the group to $131.1 million in net outflows for the session. Morgan Stanley Bitcoin Trust added $7.1 million, while Grayscale’s smaller Bitcoin fund took […]
As the AI (artificial intelligence) stocks continue to suck air out of crypto as BlackRock Inc. (NYSE: BLK) stated, this firm’s investors sold Bitcoin (BTC) and Ethereum (ETH) worth more than $16 million on August 14. Earlier on Friday, BlackRock deposited $16.216 million worth of these crypto assets from the wallets associated with its exchange-traded […]
Recent data from the Bitcoin options market indicates that investor concerns about short-term price movements have eased, but the market is not yet fully optimistic. According to Glassnode’s analysis, the $60,000-$70,000 range has become a critical trading zone for Bitcoin’s next directional move. Glassnode noted that activity in Bitcoin’s native options market has remained relatively […]
A crypto player connected to 1win’s Global Crypto Ambassador network has received a $1.749 million USDC payout following a seven-figure wager on Paris Saint-Germain, according to information shared with Finbold in August 2026. The payout was received in USDC via the Ethereum network, with both the original deposit and subsequent withdrawal publicly traceable on-chain, providing […]
US-based investment firm VanEck stated that Bitcoin may be approaching the final stages of its current downtrend. In a recent analysis, VanEck noted that Bitcoin’s decline from a peak of approximately $125,000 to levels as low as $60,000 is consistent with the traditional cyclical bear phase seen in the post-halving period. In this context, VanEck […]
As XRP whales defended the support level around $1 as of August 14, an investor who risked $1,000 at the start of 2026 is counting a double-digit percentage loss. A crypto trader who purchased $1,000 worth of XRP on January 1 has seen the portfolio plummet by 45.50% so far in 2026. At the beginning […]