Bitcoin fell to $65,800 on Wednesday, slipping below short-term trend lines and keeping a retest of $60,000 in play as liquidity thins beneath current levels, according to Cointelegraph’s analysis of market data. Although at the time of writing, it has recovered to $67,326. Traders say repeated failures near $70,000–$72,000 have weakened momentum, and a quick
Thailand has formally integrated cryptocurrencies into its financial markets after the Cabinet approved amendments expanding the scope of assets permitted under the country’s Derivatives Act. The decision allows digital assets to be used as underlying instruments for regulated futures and options contracts, bringing cryptocurrencies such as Bitcoin into Thailand’s mainstream capital markets framework, according to
As Bitcoin’s price slump continues to rattle equity-linked crypto firms, Strategy Inc. (previously known as Microstrategy) is pivoting its capital-raising playbook to preferred stock issuance in a bid to secure fresh funding for its Bitcoin accumulation strategy. Chief Executive Phong Le said the company would increasingly rely on perpetual preferred shares to fund purchases of
World Liberty Financial, a crypto project backed by members of the Trump family, said it plans to launch a foreign exchange and remittance platform aimed at lowering the cost of cross-border money transfers. Speaking at the Consensus conference in Hong Kong, co-founder Zak Folkman detailed plans to utilise the project’s proprietary USD1 stablecoin to facilitate
Washington moved to wind down a controversial immigration surge in Minnesota as federal agents began pulling back after weeks of backlash. Markets, meanwhile, remain tense: Bitcoin is stuck near $65,000 as traders debate whether another leg lower lies ahead. In corporate news, SoftBank-backed PayPay has filed for a blockbuster US IPO, while AI heavyweight Anthropic
Major cryptocurrencies remained under pressure as weak sentiment and broader market volatility continued to weigh on digital assets, extending a period of subdued performance and limited buying interest. Bitcoin was trading around $66,300, extending its recent decline amid persistent selling pressure and cautious risk appetite. The cryptocurrency had fallen to around $65,000 on Thursday, highlighting
Following a notable liquidation event during the early hours of Friday, Feb.13, Bitcoin price action transitioned into a defensive consolidation phase as the market sought a stable floor. The bellwether faced significant downward pressure in the pre-dawn session, sliding toward a weekly low of approximately $65,000 amidst a massive flush of leveraged positions. Total crypto
Progress around key crypto legislations in the US remains stuck in limbo, effectively capping price action as institutional capital remains on the sidelines. After a year of blistering gains that saw Bitcoin soar from under $70,000 to an all-time high of $126,000 in October, the flagship crypto has crashed to multi-month lows. Bitcoin’s rally last
The crypto market bounced back during the weekend as investors reacted to the latest US consumer inflation report, which showed that prices rose at a slower pace than expected in January. Bitcoin price jumped to $70,000, while the market capitalization of all coins rose to over $2.4 trillion. This article provides a forecast for some
Elon Musk’s decision to have SpaceX acquire artificial intelligence startup xAI has sent ripples across global financial markets, reviving long-standing speculation about whether his sprawling corporate empire could eventually be consolidated into a single technology conglomerate. The acquisition, announced earlier this week, already comes amid reports that SpaceX is pursuing an initial public offering valued