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Three-month-old protocol Yield Basis activated its fee switch on Thursday. Crypto protocols have faced increasing pressure to share revenue with investors. “You will inevitably have the token performing very badly if you don’t have closed-loop economics,” founder Michael Egorov said.

Metaplanet has gone from $600 million in unrealised profits to $530 million in losses. Strategy has shrunk from a 79% premium to trading at a 15.5% discount to Bitcoin NAV. Three major treasury companies now hold Bitcoin that they bought above $100,000.

Cantor Fitzgerald analysts significantly lowered their price target for Strategy (MSTR) shares, while reiterating an “Overweight” rating.

We could see more volatility before Bitcoin resumes its leadership to all-time highs.

Bitcoin options are showing that traders are betting that the largest cryptocurrency will remain mired in its current trading range in the wake of the fourth-quarter downturn that has cut more than $1 trillion in value from the digital asset market.

Bitcoin is back below the $90,000 mark as Ethereum flirts with another dip below $3,000—all while major stock indices stay green.

Bitcoin price is trading near $88,000 after an early morning price dump.

A lawmaker in Indiana introduced legislation that would broaden access to Bitcoin and crypto exposure for savers in the Midwestern state.