To The Moon

Fair value for the cryptocurrency is currently about $55,000. It would be entirely understandable for Claude Erb to say to the crypto bros: "I told you so.". Erb is the former commodities portfolio manager at TCW Group whose model of bitcoin's fair value has been roundly dismissed as hopelessly irrelevant. Last October, for instance, bitcoin traded above $125,000, more than double the fair-value estimate of $53,000 from Erb's model at the time.What a difference five months can make: Bitcoin now is trading below $70,000. Moreover, given the small number of additional bitcoins that have been mined since last October, the latest fair-value estimate from Erb's model is now around $55,000.A corollary of Erb's investment lesson is that when an asset that previously deviated from fair value eventually returns towards fair value, there is no guarantee th

The price of Bitcoin has been under intense pressure so far in 2026, with the bear market wiping out the...

Bitcoin's price drop has certainly put a chill on the market for crypto companies. But as the digital-asset realm evolves, the real deep freeze would be if there were an extended drop in the value of stablecoins in circulation.Stablecoins aren't designed for speculation. Their price is meant to be fixed to a fiat currency, typically the U.S. dollar. That shouldn't rise or fall with demand or sentiment.The total market value of the seven largest U.S. dollar stablecoins currently tracked by CoinGecko has declined almost 2% from its peak in December. That isn't a huge drop. But it follows a steady surge in stablecoin value over the past year, helped by passage of the Genius Act, which is aimed at regulating these coins in the U.S.On some platforms, including Coinbase, customers holding USDC can earn rewards in the form of an annual percentage of more coins. These rewards are a big enough potential draw for stablecoins that the move of banks to lobby against them -- arguing they are a thre

Strategy is turning to preferred stock to keep buying Bitcoin while easing pressure from market swings.Strategy is issuing more preferred shares to fund Bitcoin purchases.The “Stretch” stock pays an 11.25% variable dividend and aims for price stability.The move targets investors seeking crypto exposure with lower risk.Strategy is expanding its use of preferred stock as it looks for new ways to fund Bitcoin purchases while reducing pressure from market volatility.The move comes as the company’s share price continues to closely track swings in the cryptocurrency market.In a Feb. 12 interview with Bloomberg, chief executive officer Phong Le said the company is offering more perpetual preferred shares to attract investors who want exposure to digital assets without extreme price changes. The product, known as “Stretch,” pays a variable dividend that is adjusted each month.Strategy raised about $5.5 billion through several preferred stock offerings in 2025. The latest issuance continues tha

Strategy is turning to preferred stock to keep buying Bitcoin while easing pressure from market swings.Strategy is issuing more preferred shares to fund Bitcoin purchases.The “Stretch” stock pays an 11.25% variable dividend and aims for price stability.The move targets investors seeking crypto exposure with lower risk.Strategy is expanding its use of preferred stock as it looks for new ways to fund Bitcoin purchases while reducing pressure from market volatility.The move comes as the company’s share price continues to closely track swings in the cryptocurrency market.In a Feb. 12 interview with Bloomberg, chief executive officer Phong Le said the company is offering more perpetual preferred shares to attract investors who want exposure to digital assets without extreme price changes. The product, known as “Stretch,” pays a variable dividend that is adjusted each month.Strategy raised about $5.5 billion through several preferred stock offerings in 2025. The latest issuance continues tha

CoinDesk Bitcoin Price Index is down $2194.84 today or 3.25% to $65342.03. --Down four consecutive days, down 7.71% over this period. --Longest losing streak since Feb. 1, 2026, when it fell for five straight trading days. --Down 48.25% from its all-time intraday high of $126272.76 on Oct. 6, 2025. --Down 32.14% from 52 weeks ago , when it traded at $96284.21. --Up 8.39% from its 52-week intraday low of $60057.44 on Feb. 6, 2026. Note: CoinDesk Bitcoin Price Index at 4 p.m. ET close

Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsBitcoin(BTC) Surpasses $67,000 with a Narrowed 0.72% Decrease...

Bitcoin is tumbling again. Having staged a tentative revival Monday, the world’s biggest cryptocurrency is now struggling to clear $70,000.The price of Bitcoin fell by 1% to around $68,000, according...

Bitcoin was getting hammered on Wednesday, with the leading cryptocurrency shedding nearly $2,000 of value.Bitcoin was trading down 3%, or $1,916, to $66,812.The decline came ahead of the release of key U.S. payrolls data, which will be followed two days later by the CPI inflation report."The broader picture remains consolidation-driven, rather than trend-driven, as investors wait for clarity on inflation and rates," said analysts at Saxo Bank.They did point out, however, that the exchange-traded iShares Bitcoin Trust IBIT and iShares Ethereum Trust ETHA saw inflows on Tuesday. "This combination points to selective engagement rather than broad capitulation.". Shares of Coinbase Global , the crypto trading platform, were down more than 3% in premarket trading, while shares of Strategy , the digital asset treasury company, fell nearly 3%.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The