Ark Invest buys $11.5 million worth of Coinbase shares as COIN plunges 17.6%, extending its three-week accumulation to $28.2 million. Despite market turmoil, Cathie Wood’s firm remains bullish on the crypto exchange.
BBVA Spain secures regulatory approval to offer Bitcoin and Ethereum trading. The move signals growing institutional adoption and expanding crypto access for Spanish investors.
Bitcoin dropped as the U.S. Strategic Bitcoin Reserve failed to meet trader expectations, holding only seized BTC without new purchases. While the move legitimizes Bitcoin, market sentiment remains cautious.
Coinbase plans to hire 1,000 employees in response to the shifting US crypto regulatory landscape. The move signals growing optimism in the industry amid a more favorable political climate.
Trump’s executive order creates a Strategic Bitcoin Reserve using seized BTC, aiming to solidify U.S. crypto dominance. However, market concerns led to a Bitcoin price drop.
Bitcoin, Ethereum, and Solana are moving in sync, showing strong price correlation. This trend suggests broader market forces are shaping the crypto landscape, influencing investment strategies.
The U.S. establishes a Strategic Bitcoin Reserve, sparking speculation that G20 nations may follow. Experts see this as a long-term bullish catalyst for Bitcoin adoption.
U.S. Bitcoin Reserve? Michael Saylor Hints at Bold Move
MicroStrategy’s Michael Saylor suggests the U.S. could acquire 1 million BTC for strategic reserves, a move that could reshape Bitcoin’s role in global finance.
BlackRock warns of a looming Bitcoin supply crisis, highlighting that there aren’t enough BTC for every U.S. millionaire. With institutional demand rising, scarcity could drive long-term price pressure.
Argentina cracks down on the Libra Memecoin scandal, freezing $110M after a 90% price crash left investors with $250M in losses. Authorities investigate possible insider trading and market manipulation tied to President Milei’s promotion of the token.
Bitcoin analyst Timothy Peterson predicts a 95% chance that BTC will never drop below $69,000 again. While the long-term outlook remains bullish, a 2-3 month cooling-off period could delay the next rally.
MetaMask is expanding support to Bitcoin and Solana, allowing users to store and transact with native BTC and SOL. This update, along with new features and a legal victory against the SEC, strengthens its position in the Web3 ecosystem.