Crypto Market Shaken by $555M Liquidation Wave as Bitcoin Dips Below $100K
A massive $555 million crypto liquidation event has pushed Bitcoin below $100,000 and triggered widespread losses across digital assets. Despite the sharp downturn, institutional interest remains strong with MicroStrategy raising funds and market sentiment staying notably optimistic.
Genius Group Plans $100M Bitcoin Treasury Expansion Through Rights Offering
AI-powered education company Genius Group aims to boost its Bitcoin holdings to $100 million through a rights offering and loans. The strategic move, offering shareholders discounted shares and additional subscription opportunities, builds on the company's commitment to allocate 90% of reserves to Bitcoin.
Rich Dad Author Kiyosaki Makes Bold Move: Dumps Gold for Bitcoin
Robert Kiyosaki, author of 'Rich Dad Poor Dad', announces dramatic shift from precious metals to Bitcoin, projecting $250,000 price target by 2025. His decision reflects growing concerns about U.S. monetary policy and signals Bitcoin's increasing legitimacy as a store of value.
Bitcoin Eyes $117K as Record Stablecoin Liquidity Fuels Market Rally
Bitcoin's trajectory toward $117,000 gains momentum as stablecoin market cap hits an unprecedented $204 billion, signaling robust market demand. Record institutional interest, favorable Fed policies, and growing ETF adoption further strengthen Bitcoin's upward momentum in 2025.
Tesla's Bitcoin Holdings Surge $600M Under New Accounting Rules
Tesla reported a $600 million increase in Bitcoin value during Q4 2024 due to new FASB accounting standards allowing fair market value reporting. The EV maker's crypto holdings jumped to $1.08 billion, though the company still faced challenges meeting earnings expectations.
Bitcoin Rallies to $105,000 as Fed Chair Powell Signals Support for Crypto Banking
Bitcoin surged 4.5% following the Federal Reserve's decision to maintain interest rates, reaching $105,000. The rally was amplified by Fed Chair Powell's unexpected pro-crypto comments supporting banks serving cryptocurrency customers, marking a significant shift in regulatory stance.
UK Government Weighs $6.27B Bitcoin Sale from Seized Criminal Assets
The UK Treasury is contemplating the sale of $6.27 billion worth of seized Bitcoin to address national debt, following Germany's precedent. The cryptocurrency assets, mainly confiscated from money launderer Jian Wen, could provide significant financial relief if liquidated.
SEC's Ripple Case Takes New Turn as Bitcoin Surges Past $100K
The cryptocurrency world watches closely as Ripple-related litigation information vanishes from the SEC website, sparking speculation about potential appeal withdrawal. The development coincides with a crucial closed SEC meeting and comes as XRP maintains stability at $3.05 while Bitcoin trades above $100K.
Nuvve to Invest 30% of Cash Reserves in Bitcoin as Part of Treasury Strategy
Leading vehicle-to-grid technology company Nuvve Holding Corp. plans to allocate up to 30% of excess cash to Bitcoin investments. The Nasdaq-listed firm will also integrate Bitcoin payments while maintaining focus on its core electric vehicle infrastructure business.
DeepSeek's AI Breakthrough Triggers Bitcoin Mining Stock Selloff
Chinese AI startup DeepSeek's revolutionary cost-efficient R1 model sparks market concerns about data center valuations and mining operations. The ability to run advanced AI at a fraction of traditional costs has led to sharp declines in crypto mining stocks and energy companies.