The crypto market crash has witnessed a pullback of 10% this week. Amid this pullback, the retail sentiment to buy-the-dip fails to find a bullish turnaround. While the intraday recovery provides some relief, analysts advise “brace for impact.”
Recently Nasdaq-listed Fold Holdings has bolstered its Bitcoin reserves with a strategic 10 BTC acquisition, positioning itself among the top 15 corporate Bitcoin holders in the United States.
Block Inc is in settlement talks with NYDFS over compliance violations relating to its Bitcoin program.
Analysts have highlighted a Bitcoin top-formation pattern similar to 2021, suggesting the possibility of an additional 10-20% correction from current levels.
“The recent dip stems largely from the Fed’s cautious approach to rate cuts,” Teng said.
Pennsylvania is driving new awareness against Bitcoin ATM scams in a new caution to the community.
Scammers are getting smarter with better technology, tricking people—especially older individuals—into putting their money in Bitcoin ATMs under false promises.
Bitcoin Depot has strengthened its Bitcoin reserves with an 11.1 BTC acquisition, continuing its treasury strategy that began in June 2024 as the company views Bitcoin as a hedge against financial instability.
Bitdeer is advancing its mining operations with a bet on high-powered TSMC chips.
Arthur Hayes warned about a potential decline to $70,000 for Bitcoin as large-scale ETF outflows could accelerate the downtrend.
The disappointments from several US states rejecting strategic Bitcoin reserves sent shockwaves to the entire crypto market, with the US spot BTC ETFs bleeding profusely.
Bitcoin’s failed breakout above $98k has led to a significant 3% price drop, with the wider crypto market following suit as total market cap decreased by 6% to $3.1 trillion.
Rezolve Ai has unveiled a Bitcoin treasury strategy with more than $1 billion set to be deployed to but the coin.
Michael Saylor is pushing the SEC task force to establish a regulatory framework for crypto, including the creation of a strategic reserve.
Sun argued that security should not rely on third-party smart contracts but should be embedded directly into the blockchain, making Tron a safer choice for large USDT holders.