Bitcoin is still trading below the prominent $70,000 level, and a new report released by a data and research firm, Ecoinometrics, mentions that the market may not be making a base for recovery. Rather, the company claims that the cryptocurrency remains vulnerable to another downtrend, influenced by three reasons: weakening
Metaplanet CEO Simon Gerovich responded to criticism about disclosure practices, Bitcoin purchases, options trading, and financial reporting transparency. He said that it is easy to criticize without accountability, but he takes responsibility for all his public actions. Gerovich also denied accusations that the company’s disclosures were misleading, saying that such
David Solomon, Goldman Sachs CEO, attended the World Liberty Forum, where he said that he was watching bitcoin closely. His statement comes at a time when BTChas dropped below $67k and is likely to make little movements in the next 3 months. However, a couple of bullish sentiments from notable
Ted Pillows, a notable crypto analyst, has pointed out a breaking zone for BTC upside. His statement comes almost at the same time when another crypto analyst called Bitcoin tokens attractive. Meanwhile, the flagship token is attempting a recovery amid the recent geopolitical and rate cut uncertainty. Ted Pillows on
Robinhood has announced an initial public offering to raise $1 billion to diversify its financial services. The firm stated that it would utilize the funds to develop infrastructure that enables retail investors to invest in private market securities. Retail investors have always encountered high barriers when investing in private placements
Two of the largest investment firms in Abu Dhabi have significantly increased their Bitcoin holdings through BlackRock’s iShares Bitcoin Trust (IBIT). Mubadala Investment Company has increased the number of shares in IBIT to around 12.7 million as of December 31, 2025. The investment firm’s stake in IBIT has increased by
Kevin O’Leary, a Shark Tank investor and a Bitcoin supporter, warned that the price of Bitcoin could crash due to quantum computing. O’Leary said that quantum computers could break the cryptographic security of Bitcoin faster than programmers can enhance the security measures. Currently, Bitcoin’s encryption is based on mathematical problems
Steak ‘n Shake has incorporated Bitcoin payments at some of its restaurants in the U.S. through a collaboration with payment network Flexa. Customers at these restaurants are able to make payments using Bitcoin through app-based checkout options. The restaurant chain explained that the incorporation of Bitcoin payments is part of
The macro strategist from Bloomberg Intelligence, Mike McGlone, mentioned on February 16 that slipping crypto prices may indicate wider financial stress, alerting that Bitcoin could trace back toward $10,000 and potentially foreshadow the upcoming U.S. recession. The post made on Monday also mentioned that the well-established “buy the dip” mentality
YouTube personality and entertainer Logan Paul has broken the record by selling his rare Pikachu Illustrator Pokémon card for a staggering $16.49 million at an auction. The online auction house Goldin hosted the event after a 42-day bidding process that garnered huge interest. The rare card, graded PSA 10 with
