The race for gold is starting to look less like a constant trend and more like a mass event. The yellow metal surpassed $5,500 an ounce on Wednesday evening, and at that rate, its notional value increased by about $1.6 trillion in a single day, roughly the size of bitcoin’s entire market capitalization. It’s a […]
Gold in ‘Extreme Greed’ Feeling as It Adds Entire Bitcoin Market Cap in One Day Read More »
Bulls took a breather over the past 24 hours as risk aversion swept global markets, pushing Bitcoin BTC$87,920.35 back to around $88,000. Although the Federal Reserve’s decision to keep interest rates steady between 3.5% and 3.75% was widely expected, growing geopolitical tensions and the rotation toward safe-haven assets have left crypto traders facing a sea
Biggest tokens decline, derivatives signal caution ahead Read More »
Metaplanet set to raise up to 21 billion yen ($137 million) to fuel its aggressive Bitcoin BTC$87,699.34 buying spree and paying off debt. The Tokyo-based company will generate the funds through the sale of new shares and share warrants to a select group of investors. Metaplanet will issue 24.53 million new common shares at a
Metaplanet (3350) raises $137 million to pay off debt and buy even more bitcoin Read More »
An onchain indicator suggests that most bitcoins BTC$87,887.30 Investors are currently under pressure, with 63% of all wealth invested in the largest cryptocurrency having a cost basis above $88,000, according to Checkonchain data. This means that the majority of capital entered the market at a higher price than BTC is trading at today. Invested wealth
More than half of the supply invested in BTC has a base cost above $88,000 Read More »
Bybit, one of the world’s largest crypto exchanges, is planning to enter the crypto neobank business with a new product that allows customers to hold and move fiat currencies like the US Dollar and Euro. The “MyBank” service will go live in February, subject to regulatory approval, and will allow users to send and receive
Bybit Adds Bank Accounts to Its Crypto Platform Ahead of US Expansion: Bloomberg Read More »
Dollar Weakness Fails to Boost Bitcoin BTC$87,957.44 usual rally, and JP Morgan Private Bank explains this unexpected behavior as a window into the nature of the decline of the American currency. The Dollar Index (DXY), which measures the greenback against a basket of its peers, has fallen 10% over the past year. Bitcoin, which historically
A Weaker Dollar Fails to Boost BTC Price Rise, Here’s JPMorgan’s Reason Read More »
Shares of Circle (CRCL) rose 4% on Wednesday after Japanese financial giant Mizuho upgraded the stock to neutral, highlighting an increase in activity on crypto prediction platform Polymarket as a new growth driver for Circle’s stablecoin USDC. “When we launched CRCL with underperformance…We were concerned then that meager USDC distribution, falling interest rates, and fierce
CRCL moved to neutral after underperformance at Mizuho Read More »
For Bitcoin BTC$88,215.96 bulls, it seems like one setback after another. Early precious metals like gold and silver have hit record highs, draining capital from the crypto market. And now oil is also starting to rise, threatening to skew macroeconomic forces in favor of Bitcoin bears. The price of a barrel of West Texas Intermediate
XRP XRP$1.8865 the price fell about 4% this month, starting the new year on a negative note. Still, on-chain data shows a positive trend underneath. The number of “millionaire” wallets, or those holding at least 1 million XRP, increased for the first time since September 2025, according to data source Santiment. Their number increased by
The number of wallets with 1 million XRP increases again Read More »
Bitcoin BTC$88,224.20 remains under pressure as the strong dollar and rising commodities take the spotlight away from the crypto market. The premier token fell below $88,500 on Thursday after briefly trading above $89,000 earlier in the session, extending a choppy week of price action. Ether ETH$2,953.05 fell back towards $2,950, while solana GROUND$123.48XRP XRP$1.8875 And
Bitcoin trader warns of decline as gold rally continues Read More »
