Bitcoin Slips Below $88,000 as Year-End Tax-Loss Selling Weighs on Crypto Stocks
Bitcoin edged lower on Tuesday, extending its late-December weakness as year-end tax positioning and thin holiday liquidity weighed on crypto markets. The largest cryptocurrency by market value fell a little over 1% in the past 24 hours, trading just below the $88,000 mark. The move came even as traditional markets showed relative strength. Gold, silver, […]
Bitcoin Perpetual Open Interest Climbs as Traders Position for Year-End Rally
Bitcoin perpetual futures open interest has risen sharply, signaling that traders are increasingly positioning for a potential year-end rally in the world’s largest cryptocurrency. The increase reflects growing speculative activity as market participants anticipate stronger price momentum in the final months of the year, driven by macroeconomic expectations and shifting sentiment across crypto markets. Perpetual […]
BlackRock Highlights Bitcoin ETF as Key Investment Theme Alongside T-Bills and Tech Stocks
BlackRock has identified Bitcoin exchange-traded funds (ETFs) as a major investment theme, placing them alongside traditional assets such as U.S. Treasury bills and large-cap technology stocks. The positioning reflects the world’s largest asset manager’s evolving view of Bitcoin as a mainstream portfolio component rather than a niche or speculative asset. The firm outlined this perspective […]
Trump Media Adds $40M in BTC With Crypto Clarity Act Signals
Trump Media adds $40 million in Bitcoin, bringing its total holdings to 11,542 BTC, valued at over $1 billion. The CFTC Chairman said Congress is ready to approve crypto market structure rules. Congress is ready to move forward with legislation addressing the structure of the cryptocurrency market, according to CFTC Chairman Michael Selig. As Trump […]
Bitcoin Price Prediction- A Drop to $74k Close?
Despite predictions of a $ 74,000 scenario as Michael Saylor stops buying Bitcoin, the Bitcoin price structure has remained unchanged. Michael Saylor’s Strategy has halted fresh BTC purchases while building cash reserves, reigniting rumors that the Bitcoin price could go down to around $74,000. These conversations arise even though the Bitcoin price continues to trade […]