Fitch Ratings flags Bitcoin-backed securities for ‘high market value risk’
Fitch said sharp Bitcoin price swings could quickly erode collateral backing these securities, increasing the risk of losses for lenders and investors.
Bitmine ETH holdings climb to 4.1M as chairman seeks to expand crypto strategy
The latest purchase lifted the company’s Ether holdings to about 3.4% of the token's circulating supply, as Bitmine's chairman, Tom Lee, aims to accumulate 5% of the total outstanding supply.
Three ETH price charts predict a sharp move to $4K is brewing
ETH’s recent rally was driven by spot demand and a healthy use of futures market leverage, potentially setting Ether up for a follow-up move to $4,000.
Bitcoin ‘OG whales’ sell $286M, but odds of $100K BTC remain high
Bitcoin whales sold $286 million of BTC in January, but a slowdown in the distribution and accelerating bullish momentum could send BTC to $100,000 before the end of the month.
Bitcoin and several major altcoins bounced off their strong support levels, but charts and trading volume suggest bears will continue to sell at the range highs.
Crypto enters round 2 of institutional adoption led by Morgan Stanley: Binance
Binance Research said crypto markets are entering a new phase, as institutional allocation and strategic positioning begin to outweigh retail-driven momentum.
Bitcoin loses to gold as debasement trade with BTC at 2-year lows: Analysis
Bitcoin failed to become investors' choice as the debasement trade, as BTC price action slumps while gold and silver hit repeat all-time highs, said analysis.