Saylor blamed AI for bitcoin crash. Arca has one word for that: Nonsense
Arca is blaming Strategy’s sale of 32 BTC for last week’s BTC crash, not AI capital rotation, as Strategy’s Saylor claimed.
Bitcoin News
CME is letting traders bet on bitcoin volatility, not price, and two firms have already placed bets
Monarq and DV Chain kick off trading in CME’s bitcoin volatility index futures.
Bitcoin falls back below $63,000 as Iran-Israel trade strikes and Korean stocks crash
BTC has pulled back from overnight highs as escalating geopolitical tensions weigh over risk sentiment and send oil price higher.
Michael Saylor revives bitcoin-buy speculation as scrutiny over Strategy grows
The firm’s executive chairman posted a familiar chart with Strategy’s previous BTC purchases writing “a good time to add more dots.”
Bitcoin near $60,000 today vs February: Institutional sentiment has flipped
Bitcoin’s return to $60,000 is drawing heavy ETF outflows, marking a sharp reversal from February when institutional selling eased into the dip.
Bitcoin’s slide has no single cause. AI, tech IPOs, quantum, Strategy sale all play a role, NYDIG says
Not one, but several overlapping headwinds are hitting the crypto market at once, weighing on bitcoin’s price, the firm’s head of research Greg Cipolaro said.
Bitcoin, ether eye worst weekly rout since FTX collapse as cryptos shed $390 billion
A week that began with Strategy’s bitcoin sale ended with one of the largest crypto market drawdowns in years.
A crypto pioneer who turned a $20 million family stake into a billion-dollar fund doubles down on bitcoin
Sourcing initial capital from his mother to build a $1 billion crypto empire, DFG CEO James Wo says market metrics do not support Tom Lee’s $250,000 ether prediction.
Michael Saylor’s rallying cry: Bitcoin needs four forces to win
The Strategy executive chairman argued that four distinct camps each play a vital role in bitcoin’s long-term success.
Why diehard bitcoin purists aren’t sweating the massive price crash that wiped out $200 billion
Mati Greenspan, Michael Saylor and Jameson Lopp blamed the AI boom for draining capital from bitcoin. Meanwhile, Jack Mallers refrained from sharing an outlook but recommended buying the dip.