Category: Bitcoin News

Bitcoin market observers believe that the recent price slump may actually reflect the asset’s wider adoption by institutions, which still don’t see it as a risk-off asset. It’s been rough out there for crypto in recent months. Since October, when Bitcoin’s price reached a high of over $120,000, BTC has been gradually sliding. In recent weeks, it dropped sharply, down over 25% on the month. Amid the sell-off, market observers have been looking for explanations. Bitwise chief investment officer Matt Hougan attributed the fall to the notorious four-year cycles that…

Securitize is launching a stablecoin backed by tokenized private credit assets in partnership with Hamilton Lane, OKX Ventures and stablecoin infrastructure firm STBL, expanding efforts to bring institutional real-world asset yield onto blockchain rails. Securitize has partnered with stablecoin infrastructure provider STBL, Nasdaq-listed private markets investment management firm Hamilton Lane and crypto exchange OKX’s investment wing, OKX Ventures, to support the launch of a new real-world asset (RWA)-backed stablecoin on X Layer. The new stablecoin will bring together institutional private credit, regulated tokenization and programmable settlement to support the “next…

Fundstrat head of research Tom Lee said he expects Ether to rebound quickly following recent declines, arguing the asset has experienced eight such recoveries since 2018. “A lot of people are frustrated, but keep in mind that Ethereum, since 2018, has fallen more than 50% eight times,” said Lee at a conference in Hong Kong on Wednesday.  Last year, Ethereum fell 64% from January to March, he added.  “But eight out of eight times, Ethereum has had a V-shaped bottom. So it has recovered 100% of the time within almost…

Institution-focused crypto lending platform BlockFills announced it halted customer deposits and withdrawals last week as Bitcoin and the broader crypto market continued to tumble.  The suspension, which remains in effect, was intended to protect clients and restore liquidity on the platform, BlockFills said in an X post on Wednesday. Last week’s market tumble saw Bitcoin fall another 24% from $78,995 to $60,000. Blockfills said the withdrawal and deposit halt came “in light of recent market and financial conditions.” “Management has been working hand in hand with investors and clients to…

US lawmakers questioned Securities and Exchange Commission (SEC) Chair Paul Atkins at a hearing on Wednesday about the agency’s enforcement actions against the crypto industry and why several cases were dismissed since the leadership change. Enforcement actions since US President Donald Trump assumed office, and appointed Atkins as SEC chair, are down by 60%, Representative Stephen Lynch said. The Massachusetts Democrat cited the dismissal of several SEC lawsuits against the crypto industry, including the SEC’s motion to dismiss the Binance case in May 2025, as examples of the dropped enforcement…