Standard Chartered has lowered its price forecast for Bitcoin (BTC) and warned that the cryptocurrency could decline toward $50,000 before any sustained recovery later in the year. The reduction comes amid ongoing macro headwinds, outflows from exchange-traded products, and continued weakness that led BTC to trade below the $70K zone.
Brazil’s Congress has recently proposed a bill to purchase a strategic reserve of 1 million Bitcoins. The Lawmakers proposed implementing the bill over five years through gradual Bitcoin purchases. The official draft of this bill is known as the Bitcoin Strategic Reserve Act. It extends previous ideas of utilizing foreign
While the global crypto market faces selling pressure, the likelihood of a U.S. federal government shutdown by February 14, 2026, has been moving sharply in recent days as lawmakers work toward a funding agreement. Early today, the prediction market Polymarket showed that the probability of a shutdown by midnight on
Bitcoin OG, also known as Lucky, has supported taking strategic moves in the crypto market. It has emphasized that the key is discipline and not emotion. His statement comes at a time when the top tokens are experiencing high volatility and prices across the crypto sector are down significantly. Bitcoin
The biggest opponent of OpenAI, Anthropic, has formally publicised a milestone of a $30 billion fundraising round. After this deal, the post-money valuation of the company reaches $380 billion, underlining the robust pull of capital into the AI sector. Beyond the headline number, though, reside complex second-order effects that could
Bhutan just sold more Bitcoin tokens in continuation of its 3-week selling pattern. The country still holds a considerable amount of the flagship token. The move has triggered speculation, considering BTC price has dropped below $67k. Nevertheless, sentiments for the future of bitcoin are bullish. Bhutan Sells More Bitcoin Tokens
Strategy is increasing its program of preferred stocks to buy more Bitcoins as it seeks to reduce the impact of market volatility. The company wants to continue accumulating Bitcoin while also limiting the volatility that often rattles its common shares. The new preferred product, called “Stretch,” pays a variable dividend
The world’s largest crypto exchange, Binance’s Secure Asset Fund for Users (SAFU), has completed its planned conversion of $1 billion in stablecoin reserves into Bitcoin, with Arkham Intelligence tracking a recent transfer of 4,545 BTC, valued at about $304.6 million, into the SAFU wallet. The move follows earlier deposits and
Bitcoin (BTC/USDT) slipped sharply today, with the top crypto trading near ~$66,500, down roughly 3.3% on the day in a fresh bout of selling pressure. The 1-day candlestick chart now shows a persistent downtrend, with lower highs and lower lows continuing into mid-February. The session recorded a high of $69,954
Grayscale Investments released a research report highlighting Bitcoin’s recent correlation with technology stocks rather than precious metals. The firm said Bitcoin’s short-term price behavior resembles that of high-growth tech equities. Bitcoin’s decline below $60,000 on February 5 aligned with broader tech sector sell-offs. The research noted that Bitcoin’s peak above
