Kyle Torpey

Kyle Torpey 2 min read Investopedia / Photo composite by Alice Morgan / Getty Images Key Takeaways

Investopedia / Photo Illustration by Alice Morgan / Getty Images

A year after they began trading, there was a clear winner among spot bitcoin exchange-traded funds. BlackRock's Bitcoin Trust saw investors pour in billions while Grayscale's Bitcoin Trust lagged behind after massive outflows.

Bitcoin briefly dropped below $90,000 early Monday, for the first time since November after a wild week of trading. Concerns around the Federal Reserve pulling back on rate cuts due to recent economic data may have made bitcoin investors nervous.

Key Takeaways Bitcoin topped $100,000 again Wednesday, climbing back after recently sliding under $90,000 for the first time since November. Inflation data and a Reuters report that encouraged crypto backers likely lifted the leading cryptocurrency. The SEC could alter its crypto policy as soon as next week, and ongoing enforcement actions could be paused, according to Reuters.

Key Takeaways Coinbase users can now pledge their bitcoin as collateral to take out a loan worth $100,000 in USDC stablecoins after a new service was launched Thursday. These loans can be made via the Coinbase app but will be serviced by DeFi platform Morpho, which is found on the Coinbase-developed Base blockchain. Using bitcoin as collateral offers a chance to raise money without a taxable transaction for your bitcoin but also puts it at risk.

MicroStrategy added to its bitcoin stash for the 11th week in a row, as the company's investors get ready to vote on increasing its Class A and preferred stock and enhancing its ability to buy more bitcoin.

After skyrocketing over the weekend, the the TRUMP and MELANIA meme coins came crashing a day after President Donald Trump took office.

David Sacks, U.S. President Donald Trump's "AI and Crypto Czar", speaks to President Trump as he signs a series of executive orders in the Oval Office of the White House on January 23, 2025 in Washington, DC.. Anna Moneymaker/Getty Images

Key Takeaways U.S. President Donald Trump on Thursday signed an executive order to establish U.S. dominance in digital assets and financial technology. While partly delivering on a campaign promise to create a bitcoin stockpile, the phrasing of the executive order creates some confusion about whether its possible.