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
JPMorgan has cited its optimism for cryptocurrencies after the BTC production cost declined. The bank is bullish for the segment in 2026 despite tokens recording lows since the recent days. It has also addressed a connection between BTC and Gold to reiterate its stance towards the flagship crypto. JPMorgan on
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
An activity has been witnessed in a Bitcoin wallet associated with an alleged ransom demand in the high-profile vanishing of 84-year-old Nancy Guthrie, the mother of NBC Today co-anchor Savannah Guthrie. TMZ affirmed on February 10 that for the first time since the ransom note was received, there has been
Goldman Sachs had $2.36 billion of cryptocurrency ETFs in its Q4 2025 13F regulatory filing. The disclosure revealed that $1.1 billion was allocated to Bitcoin exchange-traded funds. At the end of the quarter, the bank held $1.0 billion of Ethereum ETF positions. For the first time, Goldman Sachs reported $153
Cash App, owned by Block Inc., introduces new bitcoin features on its platform to make it more accessible and usable, as Block Inc. is preparing to reduce its staff by up to 10% to reduce costs and to strengthen profits. On February 10, Cash App’s X post mentioned, “Cash App
The broader bearish crypto market is painted in red, with extreme fear sentiment enduring. As the bears are strong, most of the assets are losing momentum. Notably, the largest asset, Bitcoin (BTC), has been facing rejections back-to-back and slipped below $70K. Meanwhile, the asset has entered the extreme fear zone
A crypto analyst has pointed out his long and short BTC positions, further underlining that there are multiple trade scenarios. His analysis comes at a time when BTC is retracing its value closer to a lower value as forecasted by Kalshi Traders. Crypto Analyst on BTC Positions Lennaert Snyder, a
