Bitcoin price is trading at lows of $86,610, down over 1% over the past 24 hours, with a 24-hour trading volume of $87 billion. 

The top cryptocurrency is currently 5% below its seven-day high of $92,944 but is currently making new seven-day and seven-month lows. With a circulating supply of 19,950,600 BTC out of a maximum of 21 million, the global Bitcoin market cap is $1.78 trillion, reflecting a 1% decline over the past day.

The bitcoin price traded above $92,000 overnight but sharply dumped in early eastern-time zone trading to lows in the $86,000s range.

The Bitcoin Fear and Greed Index currently sits in “Extreme Fear.”

The U.S. labor market showed unexpected…

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Rep. Warren Davidson (R-OH) introduced today the Bitcoin For America Act in the U.S. House of Representatives, a landmark proposal designed to modernize the U.S. financial system and position the nation at the forefront of the global digital asset economy. 

The bill would allow Americans to pay federal taxes in bitcoin, with all proceeds deposited into a newly created Strategic Bitcoin Reserve (SBR).

“By allowing taxpayers to pay federal taxes in Bitcoin and directing those funds into a Strategic Bitcoin Reserve, the nation gains a tangible asset that appreciates over time—unlike the U.S. dollar, which is susceptible to inflation,” Davidson said. “This bill strengthens…

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Metaplanet has introduced a new two-tier preferred equity structure designed to deepen its bitcoin-centric financing model, launching a senior Class A instrument called MARS and a new perpetual Class B preferred share, MERCURY, that is expected to raise roughly $150 million. 

The move positions the Tokyo-listed firm as the latest major bitcoin treasury company to adopt a perpetual preferred structure, following Strategy and Strive.

MARS — short for Metaplanet Adjustable Rate Security — becomes the top layer of the company’s capital stack. The senior preferred shares are non-dilutive, offer no conversion rights, and feature monthly dividends that adjust based on where the…

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Metaplanet is moving to expand its already massive Bitcoin treasury with a new $150 million raise through Class B perpetual preferred shares. The Tokyo-listed firm aims to accelerate its long-term Bitcoin accumulation strategy without diluting shareholder voting power. Investors receive a steady 4.9% annual dividend, while the company channels fresh capital directly into BTC purchases.

The initiative strengthens Metaplanet’s role as one of Asia’s most aggressive corporate Bitcoin adopters, already holding more than 30,000 BTC. Management views Bitcoin as a strategic reserve asset, aligning with a broader trend of publicly traded firms integrating digital assets into their balance sheets. The perpetual preferred structure gives Metaplanet durable funding that matches its long-range crypto outlook.

The offering also highlights how traditional finance tools are being adapted for Bitcoin-centric strategies across Asia. By pairing income-focused securities with a Bitcoin treasury model, Metaplanet positions itself as a regional benchmark for listed companies seeking deeper exposure to digital assets.

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The Abu Dhabi Investment Council (ADIC) expanded its exposure to Bitcoin ahead of the cryptocurrency’s sharp downturn, more than tripling its stake in BlackRock’s iShares Bitcoin Trust (IBIT) during the third quarter, regulatory filings show.

ADIC — an independently run investment unit within Mubadala Investment Co. — increased its holdings to nearly 8 million IBIT shares as of Sept. 30. 

The position was valued at about $518 million at the time, up from 2.4 million shares three months earlier, according to Bloomberg reporting. 

The accumulation by the Abu Dhabi council came just weeks before Bitcoin surged to a record high in early October and then slid below…

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Bitcoin’s recent decline is being driven by mid-cycle holders, not long-term whales, according to new on-chain research from VanEck analysts.

The firm noted in a recent report that long-term holders continue to accumulate while short-term futures markets show deeply oversold conditions following tariff-driven liquidations.

Despite widespread speculation that early Bitcoin whales triggered the selloff, on-chain data shows that coins held for five years or more continue to rise. 

These older cohorts increased their holdings by roughly 278,000 BTC over the past two years, signaling limited turnover among wallets with the longest histories.

In contrast, supply among wallets…

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