Harvard Endowment Reduces Stake in Bitcoin ETF, Adds Ether Exposure
The Harvard Management Company, which manages the eponymous university’s endowment, has reduced its stake in BlackRock’s spot Bitcoin exchange-traded fund and opened a new position in the asset management company’s Ether ETF. In a Friday filing with the US Securities and Exchange Commission, Harvard’s endowment reported that it had reduced its position in the BlackRock…
ADA Price in Focus as Cardano Expands Interoperability and Post-Quantum Push
The ADA price might not always react to governance edits or backend integrations, but beneath the surface, Cardano is stacking infrastructure at a serious pace. While traders obsess over the ADA/USD pair and short-term volatility, the ecosystem is quietly expanding its technical footprint. And not all of that work makes headlines. The Quiet Builders Behind…
U.S. Treasury: Congress Needs to Pass Crypto Legislation This Spring
Bitcoin Magazine U.S. Treasury: Congress Needs to Pass Crypto Legislation This Spring U.S. Treasury Secretary Scott Bessent said Friday that Congress must move quickly to pass crypto legislation establishing clear federal rules for digital assets, urging lawmakers to deliver the bill to President Donald Trump’s desk for signature this spring. Speaking on CNBC, Bessent was…
Ethereum Has Survived 8 Major 50% Falls, Lee Reminds Investors
Tom Lee, head of research at Fundstrat, is betting on a prompt bounce for Ethereum. He pointed to a pattern stretching back to 2018: each time ETH dropped deep, it later recovered strongly. Related Reading That history has shaped the tone of his remarks in Hong Kong, where he argued that previous collapses ended with…
US Federal Judge Hands 8-Year Prison Term to Safemoon CEO
A U.S. court sentenced the former CEO of defunct crypto firm Safemoon to 100 months in federal prison for defrauding investors. The CEO was also ordered to forfeit $7.5 million and two properties, with restitution to be determined later. Asset Forfeiture and Victim Restitution A U.S. court has sentenced the CEO of Safemoon, the defunct…
Bitcoin, Ethereum, Crypto News & Price Indexes
Bitcoin’s sharp correction at the start of the month may represent a critical “halfway point” in the current bear market, according to Kaiko Research. Bitcoin (BTC) fell to $59,930 on Friday, marking its lowest level since October 2024, before the re-election of US President Donald Trump, according to TradingView data. The decline suggests the market…
Analysts Warn of Drop to $55K if Support Breaks
Bitcoin traded quietly over the weekend, remaining below the $70,000 level as investors waited for stronger market direction. Analysts say the next upside target for buyers is a move above around $74,460, which could signal improving momentum and encourage more demand in the market. Possible Upside if Momentum Builds If buying interest strengthens, analysts believe…
Strategy ($MSTR) Soars 25% as Bitcoin Rebounds
Bitcoin Magazine Strategy ($MSTR) Soars 25% as Bitcoin Rebounds Shares of Strategy ($MSTR) surged sharply Friday, lifting more than 25% at times, trading near $133, after a brutal prior session left the bitcoin‑linked stock deeply oversold. The jump comes as markets stabilized and bitcoin rebounded from multi‑week lows to around $71,000, injecting newfound demand into…
Bitcoin Short-Term Holders Deep In Loss: MVRV Signals Capitulation Phase
Bitcoin is struggling to hold the $70,000 level as persistent selling pressure weighs on market sentiment and momentum. After months of volatility, recent price action suggests a fragile structure, with buyers repeatedly failing to reclaim higher resistance zones. Analysts increasingly warn that downside risks remain elevated as short-term investors continue to absorb losses rather than…
South African Firms Launch a Local Currency-Backed Stablecoin
A consortium of South African firms has launched ZAR Universal (ZARU), a blockchain-based stablecoin pegged to the local currency. Transparency and Reserve Management A consortium of South African financial and fintech firms—Luno, Sanlam Specialised Asset Management, Easyequities, and Lesaka—has unveiled ZAR Universal (ZARU), a blockchain-based stablecoin pegged to the South African rand. The partners describe…
