Arizona advances bill to hold Bitcoin and XRP in state reserve

Lawmakers in Arizona have taken a significant step toward formalizing state-level engagement with digital assets by advancing legislation that would create a Digital Assets Strategic Reserve Fund, allowing the state to hold, invest and potentially lend seized cryptocurrencies. Summary Arizona lawmakers advanced Senate Bill 1649, which would create a Digital Assets Strategic Reserve Fund allowing the state to hold, invest and potentially lend seized cryptocurrencies. The fund would be administered by the State Treasurer and capitalized using confiscated or forfeited crypto assets rather than taxpayer funds. Eligible assets include Bitcoin,…

Bitcoin eyes $60k as Kraken VP warns of deeper tariff-led slide

BTC fell about 5% in days as tariffs and geopolitics drove downside risk. Summary BTC is in a sharp correction similar to equities, with renewed tariff uncertainty and geopolitical tensions cited as primary downside catalysts in the short term.​ Kraken VP Matt Howells-Barby flags ~$60k as critical support and warns a breakdown could open a path toward the mid-to-low $50k range.​ Historically, BTC has not bottomed until the 50-week MA drops below the 100-week MA in a death cross, implying potential further downside before a durable floor forms. Matt Howells-Barby,…

Bitcoin loses 200-week EMA, analysts eye deeper 3-day death cross

Bitcoin fell below 200-week EMA, over 52% off peak, risking death-cross capitulation. Summary BTC closed last week under the 200-week EMA, a key confluence zone tied to post-halving re-accumulation range highs, after three weeks of elevated sell volume and weak demand.​ Analysts warn BTC may retest the underside of the 200-week EMA as new resistance, echoing 2018 and 2022 structures that triggered a second bearish acceleration wave.​ BTC has dropped over 52% from its October top and approaches a 3-day 50/200 SMA death cross by late February, historically followed by…

Nakamoto’s $107M BTC Inc, UTXO deal reshapes Bitcoin media

Nakamoto inks $107.3M all-stock deal for BTC Inc, UTXO to scale Bitcoin media and treasury platform. Summary Nakamoto will issue 363.6m shares at $1.12 to fund the $107.3M all-stock acquisition.​ Deal consolidates Bitcoin Magazine, The Bitcoin Conference, and UTXO’s hedge fund advisory under one Nasdaq-listed BTC treasury firm.​ Management frames recurring media and advisory revenues as fuel for further BTC accumulation and M&A expansion. Nakamoto, a bitcoin treasury firm founded by entrepreneur David Bailey, announced the acquisition of BTC Inc. and UTXO Management in an all-stock transaction valued at over…

Bitcoin price loses $65K as Trump tariffs loom, will it crash under $60K next?

Bitcoin price has lost the $65,000 psychological support level as investors remain wary of the impact of new U.S. global tariffs on trade. Summary Bitcoin price lost the $65,000 psychological support level on Monday. Trump’s new tariffs and U.S.-Iran war concerns are keeping investors at bay from risky assets. A confirmed bearish double top pattern puts more downside pressure on Bitcoin’s price. According to data from crypto.news, Bitcoin (BTC) price fell roughly 5% from its Monday high of $66,465 to an intraday low of $62,952, extending losses to 35% from…

Strategy Founder Michael Saylor Fires Back at Bitcoin Critics in Candid Interview

Strategy founder Michael Saylor says bitcoin’s recent drawdown reflects the normal growing pains of transformative technology, not a broken thesis, and he has the corporate war stories to prove it. Saylor: Bitcoin Volatility Is a Feature, Not a Flaw In a wide-ranging Coin Stories interview with Natalie Brunell, Saylor compared bitcoin’s roughly 45% decline from […] Original