News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bernstein Calls Current Bitcoin Correction the "Weakest in History"
Bernstein analysts label the current Bitcoin correction as the weakest in history, maintaining a bullish forecast of $150,000 by 2026 despite market challenges.
James Park2 min - News
Jefferies: Tether Increases Gold Reserves to 148 Tons
Tether has increased its gold reserves to 148 tons, valued at $23 billion, making it one of the largest gold holders globally, according to Jefferies.
Daniel Kim1 min - Crypto
Capital Outflow from Crypto Funds Slows Amid Record Trading Volumes
Capital outflow from crypto funds has slowed to $187 million, indicating a potential end to the market correction, while trading volumes hit record highs.
James Park1 min - Crypto
Bitcoin Miner Cango Sells 4,451 BTC and Announces AI Expansion
Cango has sold 4,451 BTC, about 60% of its reserves, to optimize its balance sheet and fund AI expansion plans, generating approximately $305 million.
Daniel Kim3 min - Crypto
Bitcoin Miners Shut Down Equipment Amid Record Losses
Bitcoin miners are shutting down operations due to record low revenues and rising energy costs, leading to significant stock declines among public mining companies.
James Park2 min - News
MicroStrategy Reports $12.6 Billion Loss Amid Bitcoin Market Correction
MicroStrategy reports a staggering $12.6 billion loss due to Bitcoin market corrections, with CEO Fong Lee assuring investors of the company's resilience.
Aisha Patel3 min - Crypto
JPMorgan Analysts Set Long-Term Bitcoin Target at $266,000
JPMorgan analysts predict Bitcoin could reach $266,000 long-term, citing its growing appeal compared to gold despite recent market pressures.
Elena Volkov2 min - Crypto
Bitcoin Tests Support at $60,000, Triggering Billion-Dollar Liquidations
Bitcoin's price fell to $60,000, triggering significant liquidations and market turmoil, while some indicators suggest renewed buyer interest.
Marcus Reid2 min - Crypto
Peter Brandt Calls Bitcoin's Decline a Planned Campaign by Major Players
Peter Brandt attributes Bitcoin's recent price drop to major market players rather than retail panic, while Michael van de Poppe sees signals of a market bottom.
Sarah Chen3 min - Crypto
Bitget Launches 'Zero Risk' Promotion for New TradFi Users
Bitget has introduced a 'zero risk' promotion for new TradFi users, allowing them to retain profits and receive compensation for losses up to 20 USDT.
Marcus Reid1 min - Crypto
Bitcoin Falls Below $68,000
Bitcoin has fallen below $68,000 for the first time since November 2024, with significant market liquidations and signs of investor capitulation.
Sarah Chen1 min - Crypto
TokenSpot Exchange Launches Fund Deposits in Partnership with Major Russian Bank
TokenSpot has launched a new funding option for users through a partnership with a major Russian bank, allowing direct transfers without intermediaries.
Marcus Reid1 min