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Bernstein Calls Current Bitcoin Selloff the ‘Weakest Bear Case in History,’ Reaffirms $150K Target for 2026

Micah Zimmerman -
Bernstein reiterated a bullish view of bitcoin, calling the current bitcoin price downturn “weak” and they reiterated a $150,000 price target by the end of 2026.
NEWS

Strategy (MSTR) Adds 1,142 Bitcoin for $90 Million as Bitcoin Trades Near $69,000

Micah Zimmerman -
Strategy bought another 1,142 bitcoin for about $90 million at an average price of $78,815 per bitcoin.
NEWS

Bithumb Bitcoin Blunder Sends $44 Billion to Users, Rattles Crypto Markets 

Micah Zimmerman -
Bithumb triggered a major market shock after an employee mistakenly sent billions of dollars worth of bitcoin to users instead of small cash rewards.
MARKETS

Bitcoin Price Roars Above $71,000 After Days of Sell-Offs

Micah Zimmerman -
The bitcoin price rebounded above $71,000 today after days of large-scale selling.
NEWS

Bithumb Accidentally Sends Large Amounts of Bitcoin to Users, Triggers Price Crash Amid Market Selloff

Micah Zimmerman -
Bithumb reportedly made a mistake that led to the accidental deposit of large amounts of Bitcoin to various users.
SPONSORED

Will Bitcoin Get Mentioned During Super Bowl LX?

Duelbits -
As the Seahawks and Patriots prepare for Sunday's showdown, prediction markets are pricing the odds of Bitcoin entering the broadcast booth.
NEWS

JPMorgan: Bitcoin is Now a More Attractive Investment Than Gold Long Term

Micah Zimmerman -
JPMorgan says Bitcoin’s long-term case versus gold is strengthening despite its historic sell-off.
NEWS

Senator Lummis to Work With Treasury on Bitcoin Tax Guidance, Hints At Potential Exemption 

Micah Zimmerman -
In hearings today, Senator Lummis signaled willingness to work with Treasury on clearer Bitcoin tax guidance, including a potential de minimis exemption.
MARKETS

Bitcoin Falls Over $59,000 in Largest Drawdown Ever, Down Nearly 47% From All-Time High

Micah Zimmerman -
Bitcoin’s price crashed sharply on Thursday, sliding through critical support and dipping near $66,000 in volatile trading.
NEWS

Virginia Advances Bill in Committee to Establish State Bitcoin Fund

Micah Zimmerman -
Virginia lawmakers pushed forward a proposal that would allow state funds to be invested in bitcoin.
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