Former NYC Mayor Eric Adams launched “NYC Token” in Times Square, claiming proceeds would fund efforts against antisemitism through an unnamed nonprofit, though he provided few technical details. The token’s market cap hit US$580 million before crashing 80%; on-chain analysts flagged a “rug pull” after a deployer wallet removed US$2.5 million in liquidity at the […]
Strategy (MSTR) purchased an additional US$1.25 billion in Bitcoin, bringing its total holdings to 687,410 BTC at an average entry price of US$75,353. The company’s total stash is currently worth approximately US$62.3 billion, representing more than US$10 billion in unrealised gains with Bitcoin trading around US$90,600. Strategy raised US$748 million through share sales, building a […]
Standard Chartered expects Ether to outperform Bitcoin over time, with the ETH–BTC ratio recovering toward 2021 highs despite near-term market weakness. The bank cut its medium-term Ether forecasts but raised its long-term outlook, projecting ETH could reach US$40,000 (AU$60,400) by 2030. Regulatory progress, Ethereum’s dominance in stablecoins and DeFi, network scaling plans, and Bitmine accumulation […]
Florida’s SB 1038 proposes a “Strategic Cryptocurrency Reserve” to hold Bitcoin, managed separately from general state funds by the Chief Financial Officer. The bill restricts purchases to assets with a $500 billion average market cap, effectively making Bitcoin the only eligible cryptocurrency for the state’s treasury. Unlike failed 2025 efforts to invest in pension funds, […]
Bitcoin ended 2025 lower than it started, while gold and the S&P 500 delivered superior returns to investors over the same period. Analysts expect 2026 may be a slower year for crypto, with the market digesting Bitcoin’s substantial three-year gains rather than generating fresh momentum. Recent price movements have been driven largely by exchange-traded fund […]
Cambodia arrested and extradited Prince Group founder Chen Zhi to China following a joint investigation into a multibillion-dollar “pig-butchering” crypto scam network. The US Department of Justice recently launched its largest-ever forfeiture action to seize $15 billion in Bitcoin linked to the group’s alleged forced-labor compounds. Chen’s transfer to Beijing follows the revocation of his […]
Analyst Keith Alan predicts Bitcoin will likely drop to retest its $87,500 yearly open as bulls struggle to maintain current support at $92,000. Market data suggests large traders are positioning for a deeper correction, potentially triggered by a “death cross” on the weekly chart later this month. A durable recovery above $101,500 is considered unlikely […]
Riot Platforms sold 2,201 BTC for $200 million in late 2025 to fund a strategic shift toward AI and data center infrastructure. The sale reduced its treasury to 18,005 BTC as the company prioritises capital for its 112-megawatt Corsicana facility expansion. This move mirrors a broader industry trend of miners diversifying into AI to monetise […]
Bitcoin showed modest stabilisation in early 2026, rising over 3% in the first trading sessions whilst equity markets weakened. December weakness stemmed from year-end market mechanics—thin liquidity, tax-loss selling, and portfolio rebalancing rather than crypto-specific shocks. Bitfinex notes that slowing ETF-related selling into year-end suggests significant de-risking has already occurred, potentially improving liquidity conditions ahead. […]
Jason Pizzino predicts broad volatility for 2026 across multiple asset classes, forecasting that US housing prices will enter a “choppy” period this year. Meanwhile, Michael Pizzino noted that Bitcoin has recorded three consecutive months of losses for the first time this cycle since its US$126,000 peak in October 2025. The brothers’ outlook warns of a […]
