Metaplanet’s aggressive push into Bitcoin is now weighing heavily on its finances as the cryptocurrency trades far below the prices at which the company accumulated most of its holdings. The Tokyo-listed firm, which shifted from hotel management into a Bitcoin-focused strategy, has…
BlockFills suspends withdrawals amid Bitcoin price slide
Crypto liquidity provider and lender BlockFills has suspended client deposits and withdrawals as bitcoin prices retreat, underscoring the broader impact of the latest downturn across digital asset markets. The Chicago-based firm, which serves institutional customers worldwide, disclosed that the halt began last…
Will Bitcoin hold $68K to $72K after dip near $60K again?
Bitcoin traded below $70,000 during Asian hours on Tuesday, giving back part of a recent rebound from lows near $60,000. The world’s largest cryptocurrency has struggled to maintain upward momentum as traders turn wary ahead of key U.S. economic releases. At the same time,…
Can a 14% weekly drop in Bitcoin reset expectations for 2025?
Bitcoin climbed back above $65,000 on Friday, recovering part of its recent losses as the rout in global technology shares appeared to ease. The move came at the end of a bruising week for cryptocurrencies, which have been under sustained pressure…
Bitcoin sees $2.56 billion liquidations in renewed risk pullback
A sharp wave of forced selling has hit the bitcoin market, with about $2.56 billion in positions liquidated over recent days, according to CoinGlass data. The move coincided with a broader pullback from risk assets that also pressured equities and…
Binance sets $1 billion Bitcoin target for user SAFU reserves
Binance has announced a major change to how it manages its user protection reserves, stating it will move the Secure Asset Fund for Users (SAFU) from stablecoins into Bitcoin over the next 30 days. The exchange framed the move as…
Will Bitcoin stay above $90,000 after a 2.2% pullback
Bitcoin led a broad crypto pullback after last week’s push higher. A sharp move hit late last night, when Bitcoin dropped about $4,000 within minutes and then stabilized. At press time, Bitcoin traded just below $93,000, down roughly 2.2% over…
Is the Crypto Market steady with Bitcoin near $89K this Week
The crypto market opened the week on a cautious note, with Bitcoin and Ethereum hovering just below key psychological thresholds. By Wednesday, Bitcoin was trading at $88,953, close to the $89,000 level, while Ethereum changed hands at $2,997, just shy…
Did Bitcoin Lose Over $85 Billion After US Markets Opened
Bitcoin slid sharply after the U.S. market opened on Jan. 29, wiping out a large portion of its value in a short window and triggering heavy forced selling across leveraged positions. Within less than four hours, the move cut more…
Bitcoin and Ethereum ETFs shift to inflows will prices rise?
On 30 December, Bitcoin and Ethereum ETFs finally broke a long stretch of daily redemptions. They closed the session with clear net inflows, even while Bitcoin traded below 90,000 dollars and Ethereum under 3,000. The shift arrived only days before…