Bitcoin slid toward the $88,000 price on Monday as Strategy Inc. disclosed another large purchase of the cryptocurrency, showing the contrast between short-term market weakness and continued institutional accumulation. According to a December 29 filing with the U.S. Securities and Exchange Commission, Strategy acquired 1,229 bitcoin over the week ending December 28, spending about $108.8 million at an average price of $88,568 per coin, including fees and related costs. Source: SEC filling The purchase ...

Core Viewpoint - Bitmine is positioning itself as a leading player in the cryptocurrency market, focusing on accumulating Ethereum (ETH) and enhancing shareholder value through strategic investments and staking solutions. Group 1: Company Holdings and Financials - Bitmine's total crypto and cash holdings amount to $13.2 billion, which includes 4.11 million ETH tokens valued at approximately $2,948 each, $1.0 billion in cash, and additional investments in other cryptocurrencies [1][2] - The company currently holds 3.41% of the total ETH supply, which is 120.7 million ETH, indicating significant market presence [2] - Bitmine's total staked ETH stands at 408,627, valued at $1.2 billion, with a staking rate of 2.81% [3][4] Group 2: Market Position and Trading Activity - Bitmine is the 47th most traded stock in the US, with an average daily trading volume of $980 million [6] - The company is recognized as the largest ETH treasury globally, surpassing other competitors in terms of crypto asset accumulation [4] Group 3: Strategic Initiatives and Future Plans - Bitmine is set to launch its MAVAN (Made in America Validator Network) staking solution in Q1 2026, aiming to provide a secure staking infrastructure [3][4] - The company is actively encouraging shareholders to vote on key proposals at the upcoming Annual Stockholder Meeting scheduled for January 15, 2026, to support its strategic goal of acquiring 5% of ETH [3][7] Group 4: Leadership and Institutional Support - Bitmine is backed by prominent institutional investors, including ARK's Cathie Wood and Pantera, which enhances its credibility and market position [1] - The company emphasizes the importance of shareholder engagement and support for its strategic initiatives [3]

Core Insights - Bitcoin and Ethereum exchange-traded funds (ETFs) are experiencing significant outflows, while Solana and XRP ETFs are seeing substantial inflows, indicating a shift in investor sentiment [1][4]. Group 1: Outflows and Inflows - Crypto investment products recorded outflows of $446 million last week, totaling $3.2 billion in outflows since the price decline on October 10 [2][3]. - Bitcoin investment products accounted for the majority of outflows, shedding $443 million, while Ethereum products saw $59.5 million in outflows [3]. - In contrast, Solana ETFs attracted over $7.5 million, and XRP ETFs recorded $79 million in net inflows, marking their strongest weekly inflows since launch [3][4]. Group 2: Investor Sentiment - The divergence in flows suggests that investor confidence is becoming selective, with capital moving towards XRP and Solana despite ongoing outflows from Bitcoin and Ethereum products [4]. - Investors remain cautious about the value of BTC and ETH as they approach the end of the year, with BTC's price reclaiming $90,000 and ETH climbing above $3,000, but failing to maintain bullish momentum [5][6]. Group 3: Market Dynamics - The United States continues to be the primary hub for crypto investment flows, driven by the launch of major ETF products, while Germany shows opportunistic buying during market dips [8].

Core Insights - Michael Saylor, co-founder of Strategy Inc. (NASDAQ:MSTR), has transitioned from a Bitcoin skeptic to a prominent advocate, now holding over $59 billion in Bitcoin as a corporate reserve asset [3][4] - Saylor's previous negative stance on Bitcoin, likening it to gambling, reflects a common sentiment among skeptics like Warren Buffett and Nouriel Roubini [2] - The current price of Bitcoin is $88,912.01, showing a 1.46% increase in the last 24 hours [4] Company Overview - Strategy Inc. is the largest corporate owner of Bitcoin, having adopted it as its primary reserve asset, a significant shift from its earlier stance [3] - The company's stock closed at $158.71, up 0.53% on Wednesday, but has seen a year-to-date decline of 45.20% [5] - The stock exhibits a low Momentum score, indicating weak relative strength based on price movement patterns [5]

Core Viewpoint - An Australian court has ordered the shutdown of NGS Crypto, a digital asset company, after it was found to have operated an unlicensed financial services business, resulting in significant losses for investors [1][2][4]. Group 1: Company Operations - NGS Crypto marketed itself as a crypto-based retirement solution, promoting "digital mining packages" with claims of fixed annual returns of up to 16% and assurances of principal return [3][6]. - The company attracted over 450 investors over approximately six years, many of whom were encouraged to transfer retirement savings into the scheme using self-managed retirement accounts [5]. Group 2: Legal Findings - The Federal Court found that NGS Crypto was operating without the necessary financial services license, violating securities and consumer protection laws [4][7]. - Justice Berna Collier highlighted that the company's structure and conduct posed a serious risk to investors, leading to the court's decision for immediate intervention [7][8]. Group 3: Financial Recovery - Liquidators recovered only $4.4 million of an estimated $40 million invested by the public, indicating a significant shortfall in investor returns [1].

Core Insights - Gifting cryptocurrency has gained popularity due to easier access to major cryptocurrencies like Bitcoin, Dogecoin, and Ethereum [1][2] - The value of cryptocurrency gifts given during Christmas 2024 has significantly decreased, leading to potential awkward conversations among family members [2][5] - Despite the decline in value, cryptocurrency gifts have historically generated positive returns over the past several years, with the last Christmas marking a rare decline [7] Cryptocurrency Gift Value Analysis - A $300 gift consisting of Bitcoin, Dogecoin, and Ethereum would be worth $208.60 today, reflecting a decline of 30.5% [5] - In contrast, a $300 investment in the SPDR S&P 500 ETF Trust would be worth $344.43, representing a return of 14.8% [6] - Historical performance shows that a $300 investment in cryptocurrencies from Christmas 2023 to Christmas 2024 would have turned into $725.32, a gain of 141.8% [6] Current Cryptocurrency Prices - Bitcoin: 0.0010 BTC valued at $87.77, down 12.2% [9] - Dogecoin: 292.94 DOGE valued at $37.70, down 16.9% [9] - Ethereum: 0.02823 ETH valued at $83.13, down 62.3% [9]

Core Viewpoint - Coinbase Global has seen a slight increase in stock price following the news that prominent investor Cathie Wood has significantly invested in the company, which has been struggling for gains recently [1] Company Summary - Coinbase Global (NASDAQ: COIN) experienced a rise in stock value on December 22nd due to Cathie Wood's investment [1]

Eightcap Insights:. Photo by BeInCrypto The final quarter of 2025 has been a crucible for digital assets. Following the largest single-day liquidation event in history, the cryptocurrency market finds itself in a state of profound psychological flux. Beneath the surface noise of price crashes and sharp volatility, a significant, and perhaps defining, structural divergence has emerged: retail sentiment is paralyzed by fear, while institutional capital is quietly, but aggressively, accumulating. This diverg ...

Intercontinental Exchange (ICE), the owner of the NYSE, is in talks to participate in a financing round for crypto payments firm MoonPay, according to a media report on Thursday that cites people familiar with the matter. MoonPay, which is close to ...

A Nasdaq-listed company is setting up a way for investors to gain exposure to nearly $1 billion worth of XRP, without actually buying the cryptocurrency itself. On Dec. 18, VivoPower said its digital asset unit, Vivo Federation, was engaged by South Korea–based asset manager Lean Ventures to source an initial $300 million worth of Ripple Labs equity. Based on current XRP prices, VivoPower estimates this could translate into exposure linked to roughly 450 million XRP tokens, valued at about $900 million. ...