Bitcoin Network Activity Surges: Active Addresses Hit Three-Month Peak Amid Market Uncertainty
Bitcoin's network has recorded over 912,300 active addresses, reaching levels not seen since December 2023's $105,000 price point. This surge in activity, combined with technical indicators and market sentiment, suggests a potential bottom formation despite looming liquidation risks.
Swiss Central Bank Chief Rejects Bitcoin as National Reserve Asset
Swiss National Bank President Martin Schlegel dismisses Bitcoin as a potential reserve asset, citing volatility, liquidity issues, and security risks. The stance comes amid a proposal requiring SNB to hold Bitcoin, which could trigger a public referendum if it gains enough support.
Saylor's Controversial 'Sell a Kidney' Bitcoin Statement Amid MicroStrategy Stock Decline
MicroStrategy's Michael Saylor makes waves with extreme pro-Bitcoin rhetoric, urging followers to 'sell a kidney' amid an 18% Bitcoin decline. His unwavering stance contrasts sharply with MicroStrategy's 28% stock drop, highlighting the volatile nature of crypto-linked investments.
BlackRock Integrates Bitcoin ETF into Model Portfolios with Conservative Allocation
BlackRock, managing over $11 trillion in assets, has added its iShares Bitcoin Trust ETF to model portfolios with a 1-2% allocation. The strategic move demonstrates growing mainstream adoption while maintaining a cautious approach to cryptocurrency investment risks.
Bitcoin ETF Market Faces Historic $2.4B Selloff Amid Crypto Downturn
Spot Bitcoin ETFs experience their largest outflows since launch, with investors withdrawing over $2.4 billion this week amid falling crypto prices and market uncertainty. Despite the massive selloff, ETF assets remain resilient at $90 billion while the industry continues expanding with new fund applications.
Bitcoin Price Plummets as Whales Dump $540M Worth of Holdings
Bitcoin's value has plunged from $95,700 to below $80,000 following a massive selloff by major holders, marking the largest whale dump since July 2023. The market downturn triggered over $2.16 billion in realized losses, with new investors particularly impacted.
Bitcoin Plunges Below $90,000 as ETF Outflows and Trump Policies Rattle Markets
Bitcoin tumbled to a three-month low of $86,097 amid massive ETF outflows and concerns over Trump's new trade tariffs. The sell-off, compounded by a $1.5B hack at Bybit, has erased nearly half a trillion dollars from the crypto market cap.
GameStop Considers $5 Billion Bitcoin Investment Following Strive Proposal
GameStop evaluates a bold proposal from Strive Asset Management to convert its $5 billion cash reserves into Bitcoin, potentially becoming the gaming sector's premier Bitcoin treasury company. The proposal comes as GameStop seeks to transform its business model while its shares surge 20% on cryptocurrency investment speculation.
Bitcoin Plunges Below $87,000: Market Experts Warn of Further Decline Amid Economic Uncertainty
Bitcoin's dramatic 20% drop from its all-time high signals growing concerns over U.S. economic factors and a broader crypto market sell-off. While experts advise caution before buying the dip, some maintain optimistic long-term outlooks despite the current bearish sentiment.
Montana Lawmakers Reject Landmark Bill for State Bitcoin Investment
Montana's House of Representatives has voted down a groundbreaking bill that would have allowed the state to invest taxpayer funds in Bitcoin and other major cryptocurrencies. The 59-41 vote reflects broader institutional concerns about cryptocurrency volatility and marks a setback for state-level digital asset adoption.