Author: admin

In brief Bitcoin falls deeper into a death cross, a technical pattern that usually signals a bear market trend. XRP has likewise formed a death cross pattern on its chart, and Ethereum is close to doing the same. With the crypto market tumbling, signs point to further downside to come. Bitcoin bags are getting blown out today, as the price of BTC falls to nearly $80,000 and marks a new seven-month low.The continued downward pressure on its price has pushed Bitcoin into a so-called death cross—when the average price of an asset over the short term falls below the average…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Fundstrat’s Tom Lee disclosed in a recent interview that last month’s flash event is still echoing through crypto markets, and that those ripples help explain Bitcoin’s recent slide. According to Lee, the shock on October 10 damaged key market makers—firms that provide trading liquidity—forcing them to pull back and tighten activity. That pullback, he said, has fed a slow drip of selling that continued into November as investors reassessed risk. Market Maker Strain Triggered By Trading Glitch Based on reports, Bitcoin traded near $125,000 on October 6…

Oracle did what every legacy tech giant dreams of. In September, it announced a $300 billion cloud deal wrapped around OpenAI, the hottest name in software, and watched its stock rip higher.Two months later, the market gave its verdict. Oracle has shed more than $300 billion in market value, trading below its pre-AI announcement levels, while reports began calling it a “ChatGPT curse.”Analysts are now treating the mega deal as a case study in what happens when AI promises outrun the cash flows that are supposed to support them.At the same time, Cursor just raised $2.3 billion at a $29.3…

In brief A solo miner earned 3.146 Bitcoin worth $266,000. The mined block contained 1,351 transactions. An onlooker suggested the individual used a Bitaxe Gamma, an affordable, hobbyist mining rig. A solo miner earned about 3.15 Bitcoin for mining the network’s 924,569th block on Friday, securing $266,000 worth of the asset, despite only having a sliver of a chance.The individual, who onlookers believe was using a machine that’s designed for hobbyists, had a less than 1 in 100,000 chance per day of earning the reward, according to data from CKPool, a website that provides resources for people to mine Bitcoin…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Strategy, a business intelligence company founded by Michael Saylor, has released new data outlining how its Bitcoin (BTC) position holds up under current market conditions. This disclosure raises the question of whether the company could ever be forced to sell its $54.59 billion in Bitcoin holdings. Its latest internal projections, shared publicly, highlight the firm’s expectations for long-term sustainability while also inviting scrutiny of its historic aggressive accumulation strategy.  Strategy Confirms BTC Reserves Cover Dividends For Decades The Strategy team stated on X this Thursday that with…

Younger, wealthier Americans seem to be rewriting the house rules of wealth management.They like broad equity indices. They park cash in T-bills. They still buy real estate and private deals. But they also expect to see Bitcoin, Ethereum, and a handful of other digital assets on the same dashboard as everything else.For them, crypto is a normal slice of a portfolio. For many of their advisors, though, it’s still a compliance headache and a career risk.That gap between young investors and advisors is there, and it’s getting wider every day. Zerohash’s new “Crypto and the Future of Wealth” report surveyed 500 investors aged 18–40…

In brief Leverage Shares is launching exchange traded products on the SIX Swiss Exchange that offer 3x leverage on BTC and ETH. The products are expected to go live for trading next week. Other leveraged crypto ETFs have hit the market recently, like a 2x long Dogecoin ETF from 21Shares. European investors will soon be able to take bigger, leveraged bets on Ethereum and Bitcoin via new exchange traded products from Leverage Shares, which will offer 3x leveraged short and long options for both assets on the SIX Swiss stock exchange. The offerings will allow investors to add risk amid a…

Strategy — the original “bitcoin-on-NASDAQ” proxy — is now facing its most consequential structural risk since Michael Saylor began converting the firm into a leveraged BTC holding vehicle five years ago. A new JPMorgan research note warns that Strategy is “at risk of exclusion from major equity indices” as MSCI approaches a key January 15 decision on whether companies with large digital-asset treasuries belong in traditional stock benchmarks. MSCI is weighing a rule that would remove companies whose digital-asset holdings exceed 50% of total assets — a category in which Strategy sits at the extreme.  With the company’s market cap…