CZ denies 60000 BTC BitMEX hedge profits: Changpeng Zhao, widely known as CZ, has firmly rejected claims that Binance secretly earned more than 60,000 BTC by hedging client exposure on BitMEX during the March 2020 market crash. BNB BREAKS $620 FIBONACCI LEVEL, TESTS LONG-TERM SUPPORT NEAR $609 Responding to a viral social media allegation, Zhao…
Speaking at Consensus Hong Kong, a BlackRock executive highlighted the enormous growth potential for the cryptocurrency sector in Asia. Peach emphasized that even a small allocation of crypto in standard investment portfolios could unlock trillions in new market flows. “Some model advisors are now recommending a 1% allocation to cryptocurrencies in your portfolio,” Peach noted….
A new AI from China, KIMI, has been generating headlines for its price predictions on XRP, Dogecoin (DOGE), and Solana (SOL). By feeding KIMI carefully crafted prompts, analysts can uncover projections that suggest significant gains for these cryptocurrencies by the end of 2026. According to KIMI, all three assets could potentially reach new all-time highs…
Crypto trading firm BlockFills has temporarily paused client deposits and withdrawals, citing recent market and financial conditions. The company described the move as a protective measure aimed at safeguarding both clients and the firm. The announcement was shared via the company’s X account, emphasizing transparency and ongoing communication with users. Suspension Timeline and Trading Functionality…
Crypto market dip US jobs data: On February 11, the cryptocurrency market experienced a broad decline as traders reacted to the latest U.S. non-farm payrolls (NFP) data and anticipation of the upcoming U.S. consumer inflation report. Major digital assets, including Bitcoin (BTC), slipped below key levels, signaling continued caution among investors. Bitcoin and Altcoins Experience…
Strategy preferred stock Bitcoin funding: Strategy is increasingly relying on preferred stock offerings as it seeks to continue buying Bitcoin while reducing the impact of market volatility on its share price. The company’s stock has historically moved closely with Bitcoin’s price swings. As cryptocurrency markets fluctuate, Strategy’s shares often experience amplified moves in both directions….
BNB is currently trading near $609, falling below the previously defended $620 “golden pocket” level. This area had been acting as an important high-timeframe support zone, making the recent move technically significant. After several weeks of corrective pressure, BNB initially stabilized around the 0.618 Fibonacci retracement level—often considered a strong support region. However, price has…
Even as the cryptocurrency market struggles through another bearish phase, exchange-traded fund (ETF) issuers are continuing to move forward with new product filings. Rather than stepping back, asset managers appear to be betting that long-term investor demand for digital asset funds will remain intact. This month alone, Bitwise Asset Management submitted paperwork for a Uniswap-linked…
Bitcoin’s long-term outlook remains firmly positive, even as short-term price swings shake investor confidence. Research and brokerage firm Bernstein reaffirmed its $150,000 bitcoin price target for the end of 2026 on Feb. 9, arguing that the latest market pullback reflects shifting sentiment rather than deeper structural weakness. According to Bernstein analysts Gautam Chhugani and Mahika…
Crypto exchange-traded funds (ETFs) started the new week with a more balanced tone, as investors cautiously returned to major digital assets. After recent volatility, capital is gradually rotating back into bitcoin and ether products, signaling improving sentiment across the sector. The momentum was not dramatic, but it was constructive—a sign that institutional confidence may be…