Bealls, a 110-year-old US retail chain with over 660 stores nationwide, has announced a new partnership with digital payments firm Flexa to enable in-store cryptocurrency payments. With this integration, Bealls becomes the first national retailer to accept digital currencies from any crypto wallet across more than a dozen blockchains at once. The announcement marks Bealls’ […]
Bitcoin whales are moving their wealth from the blockchain onto Wall Street’s balance sheet, reported Bloomberg on Tuesday. Spot Bitcoin ETFs are providing a novel way for the crypto-rich to get their coins into the traditional financial markets without selling them, it added. The exchanges are tax-neutral swaps where no cash changes hands and no […]
The U.S. Department of Justice (DOJ) has filed a civil forfeiture complaint to take control of about 127,000 BTC, worth around $14.2 billion. The Bitcoin fortune is tied to LuBian and Cambodia-based businessman Chen Zhi, who is the chairman of Prince Group. Record $14B Bitcoin Seizure Arkham shared via X that Zhi ran large-scale human-trafficking […]
Binance co-founder Changpeng Zhao (CZ) has pushed back against Peter Schiff’s latest prediction for Bitcoin. This is after the economist’s recent warning of a “brutal” bear market looming over the digital asset. Critic Mocks BTC’s Fall Schiff, a well-known Bitcoin critic, said via X that the cryptocurrency’s 32% decline since August against gold shows that […]
Even though the global crypto market recently hit a valuation of more than $4 trillion, online searches for “buy Bitcoin” are still near multi-year lows. Analysts now suggest that the contrast could mean that while markets are expanding rapidly, mainstream participation may still be in its infancy. Social Media Debates Whether the Bull Market Has […]
Even as crypto prices dipped following renewed US-China tariff tensions, investors poured $3.17 billion into digital asset funds last week. The week closed quietly with just $159 million in outflows on Friday. With this, 2025’s year-to-date inflows have climbed to $48.7 billion, already exceeding last year’s record total. Digital asset exchange-traded products (ETPs) saw explosive […]
Around 39,000 Bitcoin options contracts will expire on Friday, October 10, and they have a notional value of roughly $4.3 billion. This expiry event is a little larger than last week’s, but there is unlikely to be any impact on spot markets, which have been mostly sideways for the past few days. The US government […]
Today, the price of Bitcoin (BTC) fell back to about $120,000 after trying and failing to stay above $124,000. At the same time as this movement, open interest on Binance fell by 7.9%, with analysts describing it as an important metric showing traders are closing their positions and being more careful after the asset’s recent […]
“Bitcoin’s weekly Bollinger Bands recently hit record tightness,” reported chartered market technician Tony Severino on Wednesday. For now, the cryptocurrency has failed to break out above the upper band with strength, despite reaching an all-time high of $126,000 earlier this week. According to past local consolidation ranges, “it could take as long as a hundred […]
Amidst a broader market downturn, Bitcoin investment products faced $719 million in outflows over the past week, but there was no significant uptick in short-bitcoin product demand. This meant that bearish sentiment may lack conviction and could prove short-lived. Crypto Funds Shed $812M Across the broader digital asset market, outflows reached $812 million, driven by […]