Tag: Bitcoin

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Strategy ($MSTR) Sells $257M In Stock To Buy 2,932 Bitcoin

Bitcoin proxy Strategy announced Monday that it acquired an additional 2,932 bitcoin for approximately $264 million between Jan. 20 and Jan. 25,...

‘Unstoppable Orange’ Delivers: Strategy Expands Bitcoin Hoard by 2,932 BTC

On Monday, building on the Strategy founder’s tease from the day before—when he declared “Unstoppable Orange”—Michael Saylor disclosed that the firm had picked up...

Bitcoin Coinbase Premium Hits 12-month Low as Trader Sees Further Drop

Bitcoin (BTC) extended its weakness into the low-liquidity weekend trading session, with BTC slipping to a five-week low of $86,000 on Sunday. The cryptocurrency...

Bitcoin hash rate slides during U.S. winter storm while markets shrug off mining disruption

A sharp drop in the Bitcoin blockchain's hashrate, down 10% on Sunday, during this week’s U.S. winter storm, is offering a real-time stress test...

Bitcoin ‘True Bottom’ Pending as Yen Fractal Signals 30% BTC Price Drop

Bitcoin (BTC) may face another sharp sell-off if growing talk of a Japanese yen (JPY) intervention turns into action, with past intervention episodes coinciding...

Bitcoin Analyst Says the Time is Right for the Next BTC Price Bottom

Bitcoin (BTC) heads into the January close in dangerous territory as macro volatility factors ramp up.Bitcoin closes the week below key support in a...

Spot Bitcoin ETFs Shed $1.62B in Four-Day Negative Streak

In brief U.S. spot Bitcoin ETFs saw outflows of $1.62 billion across four working days, including a massive $708.7 million exit on Wednesday. Bitwise CIO Matt...

Gold Hits Record High Over $5K As Bitcoin Falls Below $86K

Gold prices have topped $5,000 amid rising geopolitical and global trade tensions, while Bitcoin has fallen toward $86,000 as the divergence between the two...

Over 70% of Institutional Investors Say Bitcoin Undervalued

Around 70% of institutional investors believe Bitcoin is undervalued when priced between $85,000 to $95,000, as it continues to underperform against precious metals and...

A16z Researcher Explains Why Bitcoin and Ethereum Face Different Quantum Risks Than You’ve Been Told

A new deep-dive from A16z research partner and Georgetown computer science professor Justin Thaler pours cold water on breathless quantum panic, arguing that while...

UBS Planning Bitcoin, Ethereum Trading for Some Wealthy Clients: Bloomberg

In brief UBS, the world's largest wealth manager overseeing $4.7 trillion in assets, will allow select private banking clients to trade Bitcoin and Ethereum starting...

Bitcoin Gets the Macro Bug as $87,000 Comes Into Play

Bitcoin (BTC) saw multiday lows into Sunday’s weekly close as bulls faced a week of macro uncertainty.Key points:Bitcoin heads lower as market nerves about...