Advertisement     Over 60% of the top 25 American banks are now offering Bitcoin services to their clients, investment company River tweeted earlier today. The largest cryptocurrency by market capitalization is facing increasing demand over time, especially from large institutional/individual players who were previously skeptical of entering the volatile market. River tweeted: Image…
On-chain sleuth ZachXBT has revealed the identity of a threat actor who stole over $40 million from the U.S. government’s crypto stash. The White House has confirmed that it is looking into the situation but has not yet said whether its Bitcoin holdings were affected by the theft. How This Threat Actor Stole Over $40…
Advertisement     Investors withdrew capital from U.S. spot Bitcoin exchange-traded funds on Friday, marking the fifth successive trading day of outflows amid intensified macroeconomic and geopolitical uncertainty. This clearly indicates that institutional appetite for BTC has waned, leaving the market in a fragile state. $1.72 Billion Exits BTC ETFs The 11 spot Bitcoin…
Swiss banking giant UBS, with assets under management (AuM) of up to $7 trillion, is set to launch Bitcoin trading for some of its clients. This comes amid predictions that regulatory clarity and broader adoption could send the BTC price to as high as $200,000. UBS To Offer Bitcoin Trading To Some Wealth Clients Bloomberg…
Advertisement     Institutional investors have continued to allocate capital to U.S.-listed spot Bitcoin exchange-traded funds (ETFs), prioritizing the top asset even as broader crypto market sentiment remains fragile. Spot Bitcoin ETFs pulled in net inflows of over one billion last week, marking the largest tally in three months. BTC ETFs Just Had Their…
Steak ’n Shake has moved $10 million of Bitcoin onto its corporate balance sheet, a fresh step in the fast-food chain’s crypto push. According to reports, the purchase equals about 105 BTC at current prices, and the company says all customer Bitcoin receipts feed into a so-called Strategic Bitcoin Reserve. Strategic Bitcoin Reserve Tied To…
Bitcoin (BTC) is holding above the $95,000 level after a recent pullback from two-month highs, as U.S. regulatory uncertainty and softer risk sentiment weigh on the broader crypto market. Related Reading: Ethereum Treasury Bitmine Makes $200M Bet On MrBeast’s Company The pause follows the U.S. Senate Banking Committee’s decision to delay markup on a proposed…
Advertisement     British multinational bank and wealth management firm Standard Chartered has dramatically slashed its multi-year price targets for Ether for 2026 through 2028 due to broader weakness across digital assets. However, Standard Chartered still expects Ether to outshine Bitcoin, hitting $40,000 by 2030. Standard Chartered Trims Medium-Term ETH Outlook Standard Chartered has…
Advertisement     The recent U.S. military intervention in Venezuela has reintroduced geopolitical risk into global markets, prompting scrutiny of Bitcoin’s behavior during periods of international tension. While price action often captures immediate attention, on-chain data provides a more reliable lens into actual investor behavior during these episodes. According to on-chain analysis, the most…
Advertisement     On CNBC’s Halftime Report, Joe Terranova, Senior Managing Director at Virtus Investment Partners, noted that the crypto market’s recent ups and downs are driven by profit-taking from year-end positions, not a traditional Santa rally, signaling caution for investors expecting a sustained bullish surge. Terranova observed that investors entered December with excessive…