Bitcoin Price Target Slashed to $120K
Galaxy Digital cuts its 2025 Bitcoin target to $120,000 amid a major selloff, citing market maturity and institutional absorption. $BTC trades at $103,093. #Update #Crypto $BTC
Galaxy Digital cuts its 2025 Bitcoin target to $120,000 amid a major selloff, citing market maturity and institutional absorption. $BTC trades at $103,093. #Update #Crypto $BTC
US Senate Agriculture Committee leaders are finalizing a crypto regulation bill with White House cryptocurrency director David Sacks, aiming for clearer digital asset frameworks despite a government shutdown. #Update #Legal
US spot Bitcoin ETFs experienced over $2B in outflows, marking the second-worst streak ever, while Solana ETFs saw a seven-day winning streak. #Update #Crypto $BTC $SOL
Bitcoin rebounds to $103,400 from $99,600 low; 28% supply held at a loss. Galaxy Digital lowers year-end target to $120,000. Analysts debate sustainability of recovery. #Update #Crypto $BTC
Canaan Inc. secures $72M investment from BH Digital, Galaxy Digital, and Weiss Asset Management to enhance its bitcoin mining infrastructure. #Update #Crypto
A federal appeals court rejected Michael Prime’s claim to recover $354M in Bitcoin, citing delayed action and conflicting statements about ownership. #Breaking #Legal
Bitcoin’s price has fallen below $100K, causing concerns of a potential bear market as its dominance rises to 61.3% amid significant losses in altcoins. #Update #Crypto $BTC
Bitcoin and Ethereum ETFs saw $2.6 billion in outflows as prices fell, with $BTC dropping 18% from its October peak. #Update #Crypto $BTC
Bitcoin Cash ($BCH) rose 3.3% to $491.80 after breaking the $487 resistance, with a peak at $495.30 during high European session volume. #Update #Crypto $BCH
Prediction markets @Polymarket and Kalshi correctly predicted most U.S. election results, with one standout bet on Mikie Sherrill’s victory offering nearly 100x returns. #Update #Finance
Metaplanet Inc. borrows $100M against bitcoin holdings to finance acquisitions and strengthen its balance sheet amid market downturn. #Update #Crypto $BTC
@Canaan refocuses on ASIC chip design and high-performance computing as it raises $72M for Bitcoin mining, backed by Brevan Howard, Galaxy, and Weiss. #Update #Crypto $BTC
BlackRock launches a Bitcoin ETF on the ASX with a 0.39% management fee, offering Australian investors regulated exposure to $BTC without direct custody. Crypto $BTC
@Tangem Pay has launched a virtual Visa card allowing users to spend $USDC globally, integrating with Tangem’s self-custodial hardware wallet. #Update #Crypto $USDC