- Crunch
- Global
Bitcoin-linked stocks surged on Tuesday as the broader crypto market staged a sharp recovery and Bitcoin reclaimed the $91,000 level.
Strategy was the standout mover, rising faster than both Bitcoin itself and most major tech names at times. MSTR shares climbed 8.66% at times to $186.26, lifted by heavy trading volume that exceeded 4.4 million shares.
MSTR is currently trading at $182.74.
The move slightly outpaced Bitcoin’s rebound to $91,000 and signaled renewed appetite for high-beta exposure to the digital asset through equities.
Other crypto-adjacent stocks also advanced, including the iShares Bitcoin Trust ETF, which gained more than 7%, and smaller firms such…
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American Bitcoin’s stock unraveled in real time Tuesday.
The mining and Bitcoin-treasury company co-founded by Eric Trump saw its stock plunge more than 50% in the first hour of trading, triggering multiple halts and wiping out months of speculative gains.
The company, listed on Nasdaq under the ticker ABTC, had already been reeling from Bitcoin’s steep pullback over the past month.
But the speed of Tuesday’s sell-off stunned even veteran crypto-equity watchers. Shares collapsed to an intraday low of $1.75, a 51% drop, before stabilizing slightly. By time of writing, the stock is still down more than 35%.
No single headline set off the avalanche. But market…
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Bitcoin price ripped back above $91,000 on Tuesday, extending a powerful rebound as Wall Street institutions deepen their push into digital assets.
The bitcoin price traded at $91,089 at press time, up 8% over the past 24 hours. Trading volume surged to $78 billion, marking one of the strongest sessions of the past month.
Bitcoin price is now sitting just above its 7-day high of $89,966 and remains 7% above last week’s low of $83,989. The asset’s market cap stands at $1.79 trillion, rising 5% in a day as fresh institutional flows hit the market.
Momentum flipped sharply in the early morning session. BTC blasted through the $90,000 level after holding key weekend support…
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Bank of America is urging its wealth management clients to consider placing a small but deliberate slice of their portfolios into digital assets.
The bank now recommends a 1% to 4% crypto allocation, marking a significant shift in how one of the country’s largest financial institutions approaches Bitcoin exposure.
The guidance applies across Merrill, Bank of America Private Bank, and Merrill Edge, according to a Yahoo Finance report.
It also unlocks crypto recommendations for more than 15,000 advisers who were previously restricted from initiating conversations about digital assets unless a client asked for it directly.
The change takes effect Jan. 5, when the…
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“It is essential for human flourishing that we conduct substantial parts of our lives unobserved.”
— Tiffany Jenkins
Hallways were the first privacy tech.
In 1716, the Duchess of Marlborough questioned the architect designing Blenheim Palace because of all the long, narrow rooms he had planned. The architect had to explain that these were “no more than a passage” between rooms.
Another contemporary builder articulated the purpose of this revolutionary new design: “All the Rooms in this House are private; that is, there is a Way into each of them without passing through…
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As the Federal Reserve prepares to end Quantitative Tightening (QT), the bitcoin price stands at a critical macroeconomic inflection point. With odds for a December rate cut now pricing it in as almost a certainty, the stage is set for a potential shift in monetary policy that could fundamentally alter the trajectory of Bitcoin and broader risk assets. History suggests that when the Fed’s balance sheet stops contracting, Bitcoin typically experiences significant bullish catalysts.
Balance Sheet Reversals and the Bitcoin Price
The Fed balance sheet versus Bitcoin chart reveals a compelling pattern. Over Bitcoin’s history, there have been only three previous instances where QT…
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Bank of America is advising its wealth management clients to consider adding cryptocurrency to their investment strategies. The bank now recommends a 1%–4% crypto allocation across Merrill, Bank of America Private Bank, and Merrill Edge accounts. Beginning January 5, its strategists will cover four major bitcoin ETFs, including offerings from Bitwise, Fidelity, Grayscale, and BlackRock.
Bank executives say the shift reflects growing demand as more investors look for regulated, secure ways to enter the digital asset market. Clients with higher risk tolerance may lean toward the upper end of the allocation range, while conservative investors are urged to stay closer to 1%. Previously, advisers were limited in recommending crypto, leaving many clients to seek access elsewhere.
Major financial institutions—including Morgan Stanley, Fidelity, BlackRock, and JPMorgan—are also expanding crypto options, signaling broader Wall Street acceptance despite recent market volatility. Bitcoin has dipped from its $126,000 peak to about $85,000, but banks say long-term investor interest remains strong.
