Category: Bitcoin News

Bitcoin Follows the US Dollar Downward as History Repeats

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Bitcoin (BTC) recovered through $88,000 after Monday’s Wall Street open as analysis called core demand “intact.” Key points: Bitcoin attempts to maintain a bounce after hitting new 2026 lows of $86,000. Traders see downside resuming as markets grapple with uncertainty across the board. Research still says that Bitcoin has a solid demand base. BTC price seen following dollar downhill Data from TradingView showed BTC price action continuing to bounce from new 2026 lows seen at the weekly close. BTC/USD one-hour chart. Source: Cointelegraph/TradingView After a disappointing weekly candle sparked warnings…

Bitcoin Coinbase Premium Hits 12-month Low as Trader Sees Further Drop

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Bitcoin (BTC) extended its weakness into the low-liquidity weekend trading session, with BTC slipping to a five-week low of $86,000 on Sunday. The cryptocurrency could potentially retest its macro low of $66,000 over the coming weeks, a key support level from November 2024. Key takeaways: Bitcoin dropped below $87,000 on Sunday as its momentum weakened. The Coinbase Premium hit a 12-month low, reflecting strong US spot Bitcoin selling pressure. Bitcoin’s bearish setup targets a $66,800 BTC price. Bitcoin faces stronger selling pressure in the US The Bitcoin Coinbase Premium Index,…

Strategy Buys $264M In Bitcoin As January Buying Slows Down

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Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, disclosed fresh BTC purchases as prices slid during a broader market sell-off. Strategy acquired 2,932 Bitcoin (BTC) for $264.1 million last week, according to a US Securities and Exchange Commission filing on Monday. The acquisitions were made at an average price of $90,061 per BTC, with Bitcoin starting the week above $93,000 and briefly tumbling below $87,000, according to CoinGecko. The purchase brought Strategy’s total Bitcoin holdings to 712,647 BTC, purchased for about $54.19 billion at an average price of $76,037…

Metaplanet Raises 2026 Outlook as Bitcoin Paper Losses Drive Annual Loss

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Tokyo‑listed Bitcoin treasury company Metaplanet raised its 2025 revenue and operating income forecasts and flagged a large non‑cash Bitcoin write‑down, while sharply increasing guidance for 2026. The company now expects 2025 revenue of 8.905 billion Japanese yen (about $58 million) and operating income of $40 million, according to a Monday notice. Despite an improved operating outlook, Metaplanet forecasts an ordinary loss of $632 million and a net loss of $491 million. Both figures are driven by a Bitcoin impairment loss of about $680–$700 million, which is a non‑cash write‑down of…

Bitcoin Analyst Says the Time is Right for the Next BTC Price Bottom

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Bitcoin (BTC) heads into the January close in dangerous territory as macro volatility factors ramp up. Bitcoin closes the week below key support in a move that opens the door to new lows. FOMC week dawns, but markets are focused on Japan, tariffs and geopolitical instability. Precious metals smash historic records while crypto fails to match them. Bitcoin short-term holders show signs of record capitulation at current price levels. “Tactical” Bitcoin selling pressure is ongoing, with liquidity able to absorb the distribution. BTC price analysis sees new lows Bitcoin dropped…

Coinone Sale Sparks Coinbase Investment Speculation

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Coinone, one of a handful of regulated South Korean cryptocurrency exchanges, is reportedly up for sale, with both local financial institutions and foreign exchanges among the rumored bidders. The company has begun a process to sell the stake held by Chairman Cha Myung-hoon, who controls 53.4% of the company, the local news agency Seoul Economic Daily reported on Sunday. “We are discussing partnerships, including equity investments, with overseas exchanges and domestic financial institutions,” Coinone confirmed to the outlet, adding that no final decision has been made. The reported sale comes…

ETHZilla Buys Aircraft Engines Amid Tokenization Focus

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The Ethereum treasury company ETHZilla has purchased two jet engines after selling off some of its crypto stash and increasing its focus on asset tokenization. ETHZilla said in a regulatory filing on Friday that it purchased two aircraft engines through a newly formed subsidiary, ETHZilla Aerospace LLC, for $12.2 million in cash. The engines, which are used in large commercial planes, came with existing lease agreements with a major airline, enabling the firm to begin earning yields from them. The purchase comes after ETHZilla chairman and CEO McAndrew Rudisill said…

Crypto Startup Entropy To Shut Down, Refund Investors

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Entropy founder and CEO Tux Pacific says after four years and multiple pivots, the project couldn’t find a scalable business model. Crypto start-up Entropy is closing down and handing funds back to investors, citing issues with scaling and struggling to find product-market fit. Entropy founder and CEO Tux Pacific posted to X on Saturday that the crypto automations platform doesn’t have a viable path forward after years of operation. “After four years, several pivots, and two rounds of layoffs, I’ve decided to wind-up Entropy and return capital to our investors,”…

Nifty Gateway to Shut Down in February 2026 as NFT Market Slump Deepens

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Nifty Gateway, one of the earliest and most recognizable NFT marketplaces, is set to shut down operations next month, marking another high-profile exit amid the sector’s prolonged downturn. “Today, we are announcing that the Nifty Gateway platform will be closing on February 23, 2026,” the Gemini-owned platform wrote in a Saturday post on X, adding that it has already entered withdrawal-only mode, giving users roughly one month to move any remaining NFTs or funds off the site. A shutdown notice is now displayed on Nifty Gateway’s homepage, and users can…

Polymarket Odds Of January US Gov’t Shutdown Surge To 77%

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Polymarket betters are pricing in a 77% chance that the US government will shut down again before the end of January, marking a 67% increase over the past 24 hours. It comes as the CLARITY Act, a significant crypto bill aimed at providing more clarity around regulations, is still making its way through Congress, with previous delays largely blamed on the record 43-day US government shutdown in October and November. Political commentator Collin Rugg highlighted the surging Polymarket odds in an X post on Saturday, noting that it came shortly…