Bitcoin joined stocks in a relief bounce as US President Donald Trump hinted at new legislation "very soon" and a doubling of the Dow Jones. Bitcoin (BTC) sought a $90,000 reclaim around Wednesday’s Wall Street open as US President Donald Trump pledged to sign pro-crypto legislation. Key points: Trump breathes modest gains into BTC price action with his World Economic Forum speech. Read more
At the World Economic Forum in Davos, the French central bank governor and Coinbase CEO clashed over whether trust in money comes from institutions or decentralized Bitcoin. The long-running tension between central banks and Bitcoin resurfaced at the World Economic Forum in Davos, where senior executives and policymakers debated regulation versus innovation in digital finance. Trust in money must come from regulated public institutions rather than private crypto issuers, French central bank Governor François Villeroy de Galhau said during a panel titled “Is Tokenization the Future?” on Wednesday. “The guarantee for trust is independence on the central bank side,” Galhau said, adding: “I trust more independent central banks with a democratic mandate than private issuers of Bitcoin.” Read more
Several chartists warn that Bitcoin could decline toward $30,000 in February as the price action mirrors previous four-year cycles. Bitcoin’s (BTC) 30% drawdown from all-time highs did little to deter large investors, who continued to increase their holdings throughout January. Key takeaways: Large holders are buying the dip, signaling long-term confidence. Read more
Bitcoin hit a key BTC price target from the start of January, with other CME futures gaps now above price, but traders remained cautious. Bitcoin (BTC) looked for cues near $90,000 on Wednesday as BTC price action hit a key target for a rebound. Key points: Bitcoin price action drops to fill a CME futures gap created at the yearly open. Read more
The product gives retirement investors indirect Bitcoin exposure through a BlackRock index built on the company's spot Bitcoin ETF. Delaware Life Insurance Company is adding limited Bitcoin-linked exposure to its retirement annuity portfolio through an index developed by BlackRock. The insurer will offer an index that blends US stocks with a small, risk-managed allocation to Bitcoin (BTC). The Bitcoin exposure comes through BlackRock's iShares Bitcoin Trust ETF, meaning investors do not hold Bitcoin directly. The index combines US equities with managed BTC exposure and applies volatility controls designed to limit fluctuations to about 12%. Delaware Life said the structure allows policyholders to gain indirect exposure to BTC price movements while still preserving their principal under the annuity’s terms. Read more
Bitcoin sellers entered at the Wall Street open to drive BTC price action below $90,000, but a six-figure price target stayed in play. Bitcoin (BTC) narrowly avoided major losses at Tuesday’s Wall Street open as US markets reacted to EU trade-war fears. Key points: US markets offer their first reactions to the EU trade war over Greenland with $90,000 BTC price support on the line. Read more
Strategy acquired 22,305 BTC last week at about $95,284 per coin, lifting its holdings to 709,715 BTC. Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, blasted past 700,000 BTC in holdings with its latest large-scale purchase. Strategy bought 22,305 Bitcoin (BTC) for $2.13 billion last week, according to a US Securities and Exchange Commission filing on Monday. The purchases were made at an average price of $95,284 per BTC, with Bitcoin briefly rising past $97,000 on Wednesday, according to CoinGecko data. Read more
Bitcoin bulls defend $90,000 as Hash Ribbons and Fear and Greed Index flash buy signals, hinting at a potential rally. Bitcoin’s (BTC) leading indicators flashed buy signals as bulls fought to keep the price above $90,000. Key takeaways: Bitcoin Hash Ribbons flashed a "buy" signal amid miner capitulation recovery, an occurrence that has historically preceded strong rallies. Read more