Coins

Can Bitcoin Hold Above $120K? Bulls and Bears Are Split

In brief Bitcoin set a new all-time high last week above $122,000. But BTC has since struggled to hold onto those gains, now trading below $120K. Can bulls make up the ground? Predictions on Myriad lean slightly bearish at the moment on the short-term outlook. Bitcoin is on a historic run, setting a new all-time…

Business

Elon Musk’s SpaceX Moves Bitcoin Holdings for First Time in 3 Years

In brief SpaceX has consolidated $153 million worth of Bitcoin into a single on-chain wallet, Arkham Intelligence data shows. The private company holds 8,285 Bitcoin, or $990 million worth of the token, on its balance sheet. -The movement comes as investors raise concerns about SpaceX, particularly following Elon Musk’s public feud with U.S. President Donald…

Markets

JPMorgan Exploring Loans Backed by Bitcoin, Ethereum: FT

In brief JPMorgan is reportedly exploring crypto-backed loans secured by Bitcoin and Ethereum. The move follows growing institutional interest and regulatory clarity, including the recent passage of the GENIUS Act. Experts say Basel III rules remain a hurdle, but JPMorgan’s plans may signal progress toward treating crypto as acceptable collateral in TradFi. JPMorgan Chase is…

Business

Trump Media Buys $2 Billion in Bitcoin, BTC Securities for Treasury

In brief Trump Media announced on Monday that it had purchased $2 billion in Bitcoin. The publicly traded firm unveiled its Bitcoin acquisition strategy in May. Shares of Trump Media are up roughly 6% following the announcement. Trump Media & Technology Group has purchased $2 billion in Bitcoin and BTC-related securities for its corporate treasury,…