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The International Monetary Fund confirmed negotiations for the sale or wind-down of El Salvador's government-run Chivo Bitcoin wallet are well advanced. The update came during the IMF's second review of El Salvador's 40-month Extended Fund Facility. The country secured a $1.4 billion loan in 2024 af

Bitcoin (BTC) slid below $88,000 Tuesday after briefly trading above $90,000 a day earlier.** The largest cryptocurrency was trading around $87,400, down 2.4% in 24 hours. Ethereum (ETH) fell 2.7% to $2,957 as most major cryptocurrencies posted losses. Total crypto market capitalization stood at app

Bitcoin's network hash rate declined 4% over the past 30 days, marking the steepest drop since April 2024. VanEck, an investment management firm, suggests this miner capitulation may indicate a market bottom despite mounting operational pressures. What Happened: Mining Power Contracts VanEck's mid-D

Bitcoin (BTC) traded in a relatively narrow range on Monday, fluctuating between $87,000 and just above $88,000, showing early signs of stabilization even as broader momentum over recent weeks has remained bearish. With the calendar nearing year-end, a familiar seasonal question has resurfaced amon

Strategy Inc. disclosed it has increased its US dollar reserve to $2.19 billion as of December 22. The Bitcoin treasury company sold 4.54 million shares of MSTR common stock for $747.8 million in net proceeds during the week of December 15-21, according to a Form 8-K filing. No preferred stock was s