Metaplanet CEO Simon Gerovich is sticking with the company’s Bitcoin accumulation plan despite a brutal drawdown in both its stock.

Net weekly outflows from Bitcoin ETFs reached $690 million as BTC briefly touched $60,000, reigniting analyst criticism over “paper Bitcoin”.

Santiment says the pattern of large holders selling while retail scoops up Bitcoin is “what historically creates bear cycles.”

Tether and Gold.com are exploring options to allow the use of Tether’s stablecoins to purchase physical gold.

US Treasury Secretary Scott Bessent says banks and crypto may begin to offer similar products, and pledged to prevent deposit.

Crypto mining stocks have declined across the board the value of the entire crypto market fell almost 9% on Thursday.

Kalshi has seen nearly $170 million in Super Bowl-related bets, and its move to boost oversight comes as prediction markets.

Bitcoin plummeted to a low of around $60,000 after the Crypto Fear & Greed Index hit its lowest score since.

Traders were active in BlackRock’s iShares Bitcoin Trust ETF on Thursday as Bitcoin plummeted, falling 12% in the last 24.

Strategy executives Phong Le and Andrew Kang say the company is on a strong financial footing despite it now being.