Bitcoin Price To Recover $100,000: BTIG Cites Key Reasons For Optimism
The Bitcoin price has recently stabilized above the $90,000 mark, sparking renewed optimism among bullish investors. Analysts at BTIG have suggested that this rebound could propel Bitcoin towards its ambitious target of $100,000. Bitcoin Price Positioned For ‘Reflex Rally’ Jonathan Krinsky, an analyst at BTIG, expressed confidence that the Bitcoin price is positioned for a…
Tether Faces Downgrade By S&P Global Amid Concerns Over Disclosure And Assets Holdings
Tether, the entity behind the world’s largest stablecoin by market capitalization, USDT, has experienced a downgrade in its rating by S&P Global. This decision, made public on Wednesday, stems from what the agency describes as “persistent gaps in disclosure” and a growing allocation of “high-risk assets” within Tether’s reserves. The assets highlighted include Bitcoin (BTC),…
OG Bitcoin Whales Dumping Assets: Chart Reveals Significant Sell-Off Activity
Charles Edwards, founder of Capriole Investments, has identified a concerning trend in the Bitcoin (BTC) and broader cryptocurrency market that adds to the ongoing sentiment of bearishness among investors. Over 1 Million BTC Sold By OG Investors Since June In a recent post on the social media platform X (formerly Twitter), Edwards highlighted that “OG”…
Bitcoin, XRP, Ethereum Dip Post Fed’s Rate Cut: What’s Next For Crypto?
On Wednesday, the Federal Reserve (Fed) announced a 25-basis-point rate cut from the previous rate of 4.25%, aligning with market expectations. Despite this bullish development being highly anticipated by top experts as the best catalyst for the remainder of the year, Bitcoin (BTC), XRP, and Ethereum (ETH) led the market downturn following the announcement. Fed…
Binance Founder Suggests President Trump Could Be Satoshi Nakamoto In Latest Statement
In a provocative statement, laced with sarcasm, Changpeng Zhao, known as CZ, the co-founder and former CEO of Binance, suggested that President Donald Trump and Bitcoin’s (BTC) creator, Satoshi Nakamoto, could be the same person. This came in the wake of a presidential pardon granted to CZ, as announced by White House Press Secretary Karoline…
SoftBank, Ark Invest Among Potential Investors In Tether’s $15 Billion Funding Round
The industry’s largest stablecoin issuer, Tether (USDT), is reportedly in discussions with a series of leading firms including SoftBank Group and Ark Investment Management, for a significant funding round aimed at raising between $15 billion and $20 billion. This capital influx could potentially value the company at an astonishing $500 billion. Bloomberg News first reported…
Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans
Tether, the issuer of the world’s largest stablecoin by market capitalization and trading volume, USDT, is reportedly seeking to raise between $15 billion and $20 billion through a private placement, potentially elevating the company’s valuation to around $500 billion. As recent reports highlighted on Tuesday, this ambitious financial maneuver could position Tether alongside some of…
FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets
The FTX Recovery Trust is gearing up for its third distribution to creditors affected by the exchange’s significant collapse, with payments set to commence on September 30, 2025. FTX Trust Confirms Payments To Eligible Creditors According to the official statement, this distribution will be available to holders of allowed claims categorized under the Plan’s Convenience…
Bitcoin Exchange Gemini Makes A Splash On Nasdaq Debut, Jumping Nearly 50%
Bitcoin (BTC) and cryptocurrency exchange Gemini (GEMI), founded by twins Tyler and Cameron Winklevoss, experienced a major debut on the Nasdaq, soaring nearly 40% following the company’s initial public offering (IPO), which raised $425 million. Gemini Success On Nasdaq Debut Based in New York, Gemini priced its IPO late Thursday above the anticipated range of…
SOL Strategies: The First Solana Treasury Company Listed On Nasdaq
In a landmark development for the Solana (SOL) ecosystem, SOL Strategies has received approval for its listing on the Nasdaq, marking a significant milestone as the first treasury company associated with SOL to achieve this status. The company is set to begin trading under the ticker symbol “STKE” on September 9, 2025. SOL Strategies Set…