Fannie Mae and Freddie Mac are preparing to count your crypto as a mortgage asset without making you sell it. What the order means for homebuyers.
BTC has pulled back from overnight highs as escalating geopolitical tensions weigh over risk sentiment and send oil price higher.
Bitcoin's drop signals a shift in market sentiment, potentially undermining confidence in crypto as a stable investment amid economic shifts. Bitcoin drops below $60,000 for first time since 2024 election.
Bitcoin (BTC) is flashing a potentially unstable setup: as the price slid toward the low-$60,000s, bearish traders piled into leveraged shorts—creating what derivatives data suggests could become a $2.6 billion 'short squeeze' trigger if BTC reclaims the mid-$60,000 range. The latest leg down accelerated late last week.
Presto's Min Jung told The Block that KOSPI's crash may have had some impact on bitcoin's recovery, but not substantially.
Here's why the current drawdown in the market should not scare away crypto investors.
Strategy's bitcoin buying model is facing new scrutiny after Grayscale warned that current share prices could limit future accumulation. The concern followed a bitcoin sale, STRC dividend pressure, and questions over whether Strategy can keep funding purchases without stronger investor demand.
The reactivation of dormant Bitcoin wallets challenges the application of traditional property laws to decentralized digital assets. Satoshi-era Bitcoin wallet moves 15 BTC after 14 years of silence, complicating a $285 billion lawsuit.
After a judge halted a default judgment Friday in the New York Supreme Court case Noah Doe v. John Does 1-39,069, several onchain wallets linked to the litigation have sprung into motion. On Sunday, Galaxy Research identified a wallet dormant since 2019 that transferred 1,878.5711 BTC, valued at $114.
STRC dropped below $100, breaking Michael Saylor's $100-per-Bitcoin strategy.
Bitcoin price started a recovery wave above the $62,000 zone. BTC is consolidating and might aim for more gains if it clears the $64,500 resistance zone.
After days of steep downward movement, the price of Bitcoin appears to have found a somewhat reliable anchor around the $60,000 region. However, recent on-chain data suggests that the premier cryptocurrency might not be down for long, with a bullish reversal seemingly on the cards.