Trump Says He Will Consider A Pardon for Samourai Bitcoin Wallet Co-Founder

Fidelity has issued a cautionary outlook on the cryptocurrency market as it approaches 2026, highlighting short-term risks for investors while suggesting that long-term holders may still find opportunities to enter. This perspective reflects a significant shift in the crypto landscape, where volatility and uncertainty prevail.

Bitcoin is poised for a significant decline, with expectations of dropping below $84,000, potentially retesting the $70,000 support level as market dynamics shift and sellers take advantage of waning upward momentum.

The SEC Crypto Task Force's Roundtable on Financial Surveillance and Privacy is currently taking place in Washington D.C., where commissioners Paul Atkins and Hester Peirce emphasized the importance of balancing transparency in cryptocurrency with the need for privacy rights. This discussion reflects ongoing efforts to address regulatory frameworks in the evolving digital asset landscape.

Bitcoin's price has fallen below $87,000, experiencing a 2% drop within 24 hours, coinciding with the liquidation of approximately $200 million in long positions in the cryptocurrency market. This decline marks a significant moment as it approaches a week-long low amid a trading volume of $38 billion.

Bitcoin's price has fallen below $89,000 following a grim weekend, exacerbated by low trading volumes and traders' caution ahead of significant U.S. economic data releases. This decline reflects a broader bearish sentiment in the cryptocurrency market as traders pull back on risk.

Strategy, led by Michael Saylor, has made its second consecutive $1 billion purchase of Bitcoin, acquiring 8,178 BTC, which follows a similar investment made the previous week. This move reinforces the company's position as the largest publicly traded holder of Bitcoin, with total holdings now exceeding 660,000 BTC.