Grayscale Bitcoin Mini Trust (BTC) (BTC)

Ark Invest added more than 716,000 shares of Bullish on Thursday, making it the firm’s only crypto-linked equity purchase that day.

He was responding to a post on X from Sequoia partner Shaun Macguire that pointed to similarities like Elon Musk, Sam Altman, and Balaji Srinivasan being interested in both sectors.

Bitcoin erased its post-election rally by Thursday morning, as crypto fell around 50% below October levels, the Kobeissi Letter said.

Trump Media owned approximately 11,542 bitcoins as of December and positioned itself as a crypto play.

Bitcoin remains nearly 48% below its October peak; analysts cite leverage stress, weak sentiment, and links to Epstein as reasons for Bitcoin’s drawdown.

As the CLARITY Act negotiations progress, Bessent cautioned that crypto "nihilists" oppose oversight and framed regulation as essential to U.S. financial leadership.

In a post on X, Kiyosaki described the U.S. national debt and long-term liabilities as the biggest risk facing investors.

MSTR’s stock was also weighed down after the company reported a 1,640% increase in operating loss during its fourth quarter earnings.

The $2.6 billion in liquidations placed this selloff among the top 10 largest crypto liquidation events ever recorded.

Coinbase is expected to post a 50% drop in its fourth quarter profit, as per data from fiscal.ai at a time when bitcoin prices have been weighing on crypto linked stocks.

Dow Jones futures were down by 0.27%, the S&P 500 futures fell 0.45%, and the tech-heavy Nasdaq 100’s futures declined 0.68%.

XRP’s price fell more than 12% in the last 24 hours, making it the worst-performing major cryptocurrency during the session.

Shares of Strategy are on pace to finish lower for an eighth consecutive month, marking the longest losing streak in the company’s trading history.

Analysts say the drop in Bitcoin’s price is because of capital reallocation rather than retail panic selling.

Bitcoin’s price fell for a third consecutive session, dipping below $71,000 to mark a new low for the year.

According to a report by the Financial Times, advisers involved in Tether’s fund raise discussions floated a much smaller raise of around $5 billion.

In a Substack post, Burry said another 10% drop in Bitcoin’s price could leave Strategy billions underwater and restrict its access to capital markets.