MicroStrategy executive chairman Michael Saylor has attributed Bitcoin's slide below $62,000 to capital flowing out of crypto and into artificial intelligence infrastructure, rather than any deterioration in Bitcoin's underlying fundamentals. The argument positions AI investment as a competing asset class temporarily drawing institutional and retail
JPMorgan has warned that the legislative window for passing the Clarity Act — a bill designed to establish a clear regulatory framework for crypto markets — is narrowing. The bank highlighted several remaining hurdles that could prevent the bill from advancing, with disputes over whether stablecoins should be permitted to offer yield
BitMine, backed by prominent Wall Street analyst Tom Lee, is planning a $300 million preferred stock offering designed to fund an Ethereum-focused treasury strategy. The structure would link fixed cash dividends to a staking-heavy ETH holdings model, positioning BitMine as a corporate accumulator of Ethereum in a manner similar to
Standard Chartered analysts believe bitcoin is approaching a price floor following one of its most turbulent weeks in recent months, pointing to two key stabilising forces. Despite broader crypto market weakness, spot bitcoin ETF holdings have remained largely intact, signalling that institutional investors are not panic-selling. The bank also anticipates
A coordinated effort between the US Department of Justice and major private-sector companies — including Coinbase, SpaceX, and Meta — resulted in the freezing of $3.8 million in cryptocurrency and the disruption of 1.4 million scam-linked accounts. The initiative, dubbed 'Disruption Week,' marks a notable expansion of public-private
Goldman Sachs has partnered with fund administrator Apex Group and UK-regulated digital securities exchange Archax to launch a tokenized real estate fund, marking a significant step in institutional adoption of blockchain-based asset issuance. The fund merges blockchain-native token issuance with traditional fund structures, aiming to improve liquidity, transparency, and accessibility
A 13-session redemption wave has drained $4.4 billion from spot crypto ETFs tracking Bitcoin, Ethereum, Solana, and XRP, with BlackRock's IBIT alone shedding $342 million on Wednesday. The sell-off spans all major asset categories, as institutional and retail investors pull capital from products that had attracted significant