Crypto markets are deep red on Monday, with industry leader bitcoin sliding lower before a packed week of economic data. At press time, bitcoin BTC$68,470.69 traded near $68,200, down nearly 3% over 24 hours, with XRP XRP$1.4745, ether ETH$1,967.90, DOGE$0.1025 registering much bigger losses. Losses… Read More
Bitcoin BTC$69,448.61 has clawed its way back above $70,000, recovering from a sharp drop near $60,000 earlier in the month. The cryptocurrency is up nearly 5% in the last 24-hour period, while the broader CoinDesk 20 (CD20) index rose 6.2% in the same period. The… Read More
Strategy (MSTR) added to its bitcoin BTC$68,765.15 holdings, but appears to have made all its purchases before the deep price plunge in the back half of the week. Led by Executive Chairman Michael Saylor, the company added 1,142 bitcoin for $90 million, or an average… Read More
Traders on prediction market Polymarket have doubled the implied odds of the Second Coming of Jesus Christ occurring by year-end, turning one of the platform’s stranger contracts into a better performer than bitcoin. The market, titled “Will Jesus return in 2026,” traded around 4 cents… Read More
BlackRock’s spot bitcoin BTC$70,226.10 exchange-traded fund has been a massive hit since launch, pulling in billions from investors seeking exposure to the cryptocurrency without the hassle of crypto wallets or exchanges. Traders and analysts religiously track inflows into the fund to gauge how institutions are… Read More
Latest developments: ETF investors are proving more resilient than many expected during bitcoin’s latest drawdown. In an interview on CoinDesk’s Markets Outlook, Bloomberg Intelligence Senior ETF Analyst Eric Balchunas highlighted several key data points demonstrating this stability: Bitcoin has fallen more than 40% from recent… Read More
