Author: Smith

Crypto custody firm BitGo has filed for an initial public offering (IPO) on the New York Stock Exchange (NYSE), aiming to become one of the first U.S.-regulated digital asset firms to go public amid growing institutional interest in crypto infrastructure. Background Founded in 2013, BitGo is a leading digital asset custody and financial services provider,…

A notable shift in Bitcoin profitability dynamics is signaling possible bullish momentum. Long-term holders (LTHs) now outperform short-term holders (STHs), suggesting early signs of a new cycle. Meanwhile, U.S.-based institutions and whales continue to accumulate BTC despite recent price corrections. SOPR Ratio Shift: Long-Term Holders Regain Edge On-chain crypto analyst PelinayPA has highlighted a meaningful…

Bitcoin’s recent rally past the $120,000 mark has propelled Strategy’s crypto holdings to an all-time high valuation of $77.4 billion. The company’s aggressive accumulation strategy is now yielding massive paper gains as BTC prices reach new heights. Strategy’s Bitcoin Holdings Hit Record Value Strategy, formerly known as MicroStrategy, now holds approximately 640,031 BTC, accounting for…

An Israeli cryptocurrency trader was stabbed and robbed in a violent home invasion in Herzliya, with attackers seizing approximately $600,000 in Bitcoin, USDT, and valuables, according to the Tel Aviv District Attorney’s Office. How the Attack Unfolded On September 7, attackers ambushed a Bitcoin trader at his apartment in Herzliya around 8:10 a.m. The assailants…

A recent SEC filing highlights significant risks in Michael Saylor’s Bitcoin-based strategy, despite a $3.9 billion gain this quarter. With over $78 billion in BTC holdings, Saylor’s firm faces high debt and exposure to Bitcoin’s price volatility, potentially threatening sustainability if markets turn. SEC Filing Exposes Bitcoin Risk to Saylor’s Strategy Michael Saylor, executive chairman…

BlackRock’s iShares Bitcoin Trust (IBIT) is on the verge of reaching $100 billion in assets under management (AUM) less than 15 months after launch, rapidly becoming the firm’s most lucrative exchange-traded fund. Fueled by soaring inflows and rising Bitcoin prices, the fund has posted significant growth and now outpaces legacy ETFs in speed to scale….

Bitcoin plunged to $101,000 on October 10, 2025, following major market turmoil triggered by U.S. President Donald Trump’s announcement of a 100% trade tariff on Chinese imports. The crypto market experienced the largest single-day liquidation event in history, wiping out nearly $10 billion in open interest. Trump Imposes 100% Tariff on Chinese Imports In a…

Analysts from Deutsche Bank and other financial institutions are drawing increasing parallels between the recent rallies in gold and Bitcoin, with both assets benefiting from macroeconomic uncertainty. Bitcoin’s growing role as a digital store of value has led to predictions of significant long-term upside, especially as younger investors shift capital from traditional safe havens like…

Bitcoin’s recent surge to an all-time high has been followed by a sharp correction amid renewed concerns about global economic tensions. Institutional investors appear to have approached the rally with caution, strategically positioning in the options market to hedge risks and lock in profits. Institutional Investors Take Defensive Stance During Bitcoin Surge Blockchain analytics firm…