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Strategy to Launch BTC Security Program to Combat Quantum Uncertainty

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Quantum computing is moving from theory to a long-term strategic consideration, and Strategy (MSTR) made clear its intention to be proactive rather than reactive during the company’s fourth-quarter earnings conference call Thursday. Strategy, the largest Bitcoin holding company, plans to launch a Bitcoin security program to coordinate with the global cyber, crypto, and Bitcoin security […]

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In the United States, layoffs reach their highest level in 17 years at UPS and Amazon cuts

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The U.S. labor market is cooling rapidly, a blow that could force the Federal Reserve to loosen its purse strings and potentially impose a floor under the price of bitcoin. BTC$64,948.25. Planned layoffs, or job cuts that companies have announced but not yet executed, jumped 205% to 108,435 in January, according to data tracked by

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Why ETH is underperforming during this crypto plunge

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Ether ETH$1,907.78 has been criticized from all angles lately, dipping below $2,000, with selling pressure emanating from all angles of the market, including Ethereum founder Vitalik Buterin and derivatives traders. The second-largest cryptocurrency is currently trading around $1,950, down 60% since August and 42% since January 14. Its plight can partly be attributed to what

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Bitcoin climbs to $65,000 after $700 million in liquidations Friday morning

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Bitcoin rebounded sharply in Asia on Friday after a fresh wave of selling briefly pushed the token toward $60,000, extending a sharp decline that has now brought the world’s largest cryptocurrency more than 50% below its October peak. BTC fell 4.8% to around $60,033 in late US hours, before recovering to $65,926. The move follows

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Jefferies Sees Little Sign of BTC Bottoming, But Signals Upside for Tokens with Fundamentals

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Jefferies says the latest crypto selloff shows few signs of an imminent bottom, even as bitcoin and ether hover near levels that have historically attracted dip buyers. In a research note released this week, the bank described the economic slowdown as a liquidity-driven correction rather than a collapse in blockchain activity, instead pointing to continued

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Is an explosion of hidden hedge funds behind Bitcoin’s $60,000 crash?

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Bitcoin’s plunge to near $60,000 on Thursday, a nearly 30% drop over 7 days, led traders on Flood, a prominent crypto trader, called it in an article the most vicious sell-off he had seen in years and said it seemed “forced” and “indiscriminate,” floating possibilities ranging from a sovereign dumping of billions to a blowout

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Crypto Sentiment Gauge Hits FTX-Era Lows as “Extreme Fear” Hits Reading of 9

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Crypto market sentiment has plummeted to its darkest level since the FTX collapse after Bitcoin’s sharp decline this week dragged down prices across the board and forced a wave of deleveraging. The widely followed Crypto Fear and Greed Index fell to 9 on Friday, a reading classified as “extreme fear” and which has historically only

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BlackRock’s Bitcoin ETF (IBIT) Hits Record Volume of $10 Billion, Hinting at Capitulation

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Talk about frenzied trading. BlackRock’s Bitcoin exchange-traded fund, called IBIT, hit a wild record on Thursday with more than 284 million shares traded, according to Nasdaq data. This represents over $10 billion in notional value. To put things in perspective, this beat the old record of 169.21 million shares from November 21 by 169%. The

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Bitcoin miner MARA transfers $87 million BTC to various trading desks and exchanges

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Bitcoin miner MARA transferred 1,318 BTC worth approximately $86.89 million to a mix of counterparties and custodial locations in the last 10 hours, according to on-chain data tracked by Arkham. The biggest share went to Two Prime. One transfer sent 653,773 BTC, or approximately $42.01 million, to an address labeled Two Prime, along with a

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