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Author: CryptoPress

Harvard University Significantly Increases Stake in BlackRock’s Spot Bitcoin ETF to $443 Million

Quick Take Harvard Management Company held 6,813,612 shares of BlackRock’s IBIT worth $442.8 million as of Sept. 30, 2025. This represents a 257% increase from 1.9 million shares valued at approximately $116 million in Q2. IBIT became Harvard’s largest disclosed U.S. equity position, surpassing stakes in tech giants like Microsoft and Amazon. The university also nearly doubled its gold ETF holdings to $235...

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Crypto Weekly Snapshot – Fed Cut Hopes Drive Rebound

Bitcoin’s Volatile December: Fed Cut Hopes Drive Rebound Amid Lingering Caution The cryptocurrency market in early December 2025 remains highly volatile, with Bitcoin (BTC) reclaiming $92,000 on December 8 amid strong expectations for a Federal Reserve rate cut. After plunging to lows near $80,000 in late November—erasing much of the post-election rally—BTC has staged a partial recovery, trading around $91,000-$93,000. This rebound...

Bitcoin, Crypto market, Cryptocurrencies

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Cloudflare Outage Disrupts Major Crypto Exchanges and DeFi Interfaces

Quick Take Cloudflare’s global outage struck early December 5, 2025, causing widespread 500 errors and downtime for crypto platforms. Centralized exchanges including Coinbase, Kraken, and Upbit were inaccessible, halting trading for users worldwide. DeFi user interfaces for protocols like Uniswap and analytics tools such as DeFiLlama faced disruptions, though blockchains remained operational. The incident, resolved within an hour,...

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Crypto Weekly Snapshot – Crypto’s Rocky December Dawn

December’s Dual Edges The cryptocurrency market kicked off December with a stark divide between structural optimism from regulatory breakthroughs and immediate pain from macroeconomic tremors and security scares. Total market capitalization shed 5.2% in the past 24 hours, settling around $2.9 trillion, as risk-off sentiment swept through Asia-Pacific trading. Bitcoin’s slide below $86,000—its lowest since late November—mirrored...

Bitcoin, Crypto market, Cryptocurrencies, Ethereum

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S&P Downgrades Tether’s USDT to Weakest Stability Rating Amid Bitcoin Exposure Risks

S&P Global Ratings downgrades Tether’s USDT stability assessment to 5, the weakest score on its 1-7 scale. The move stems from increased holdings in volatile assets like bitcoin, now comprising 24% of reserves, up from 17% a year ago. Tether CEO Paolo Ardoino dismisses the rating as outdated, emphasizing USDT’s overcapitalization and $10B+ profits in 2025. Community reaction mixes concern over depegging risks with defense of...

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