The Latest Breaking News from Bitcoin

Major U.S. corporations are increasingly adding Bitcoin (CRYPTO: BTC) to their balance sheets, raising concerns about potential market risks as the trend accelerates under President Donald Trump's administration.

Cryptocurrency markets are slightly down on Friday morning as BTC faces resistance near the $107,000 mark, with thin spot volumes and weak speculative drive raising questions about the rally's strength.

On Thursday, Cathie Wood-led Ark Invest made notable trades, including the sale of shares in Coinbase Global Inc. (NASDAQ:COIN) and Block Inc. (NYSE:XYZ). These trades come amid significant developments for both companies, with Coinbase receiving a price target boost and Block’s Bitcoin (CRYPTO: BTC) strategy coming into focus.

Investing in stocks isn't easy. You have to stay on top of multiple companies and predict how the future will unfold. While investors confidently hold on to stocks during bullish cycles, many of these same investors fold during bearish markets.

Major cryptocurrencies are trading slightly lower amid ongoing ETF inflows and rising institutional participation.

Coinbase Global Inc (NASDAQ:COIN) shares are trading higher on Thursday as the stock trends across social media platforms. The company earlier revealed the upcoming launch of US Perpetual-Style Futures on its derivatives exchange and received a price target upgrade from Bernstein analysts.

Shares of Core Scientific Inc. (NASDAQ:CORZ) are up Thursday following a report suggesting CoreWeave inc. (NASDAQ:CRWV) is in discussions to acquire the bitcoin mining and hosting company.

The directive is “in keeping with President Trump’s vision to make the United States the crypto capital of the world.”

SoFi Technologies, Inc. (NASDAQ:SOFI) announced Wednesday that is making a comeback in the world of cryptocurrency investing, with plans to enable its members to buy, sell and store popular digital currencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) later this year.