Tag: Bitcoin

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Bitcoin surges above $68,000, liquidating $1.4 billion shorts as Treasury buybacks boost risk appetite

BTC rose about 6% while ether, solana and crypto stocks climbed after the Treasury doubled the size of its bond buybacks.

Maya Protocol exploit drains bitcoin and other assets as pool value drops $11 million

A chain of six flaws caused the cross-chain trading network to credit a pool with nearly 50 million tokens that were never properly funded,...

Solana leads bitcoin and ether higher while Korean chip stocks slide 7%

Bitcoin held near $64,000 and every major except BNB gained, while Korean semiconductor stocks fell more than 7% and Fed minutes are due at...

Bitcoin has gone quiet as traders chase ‘5x or 10x’ payoffs elsewhere

Bitcoin's price swings have hit a cycle low, squeezed by a market tug-of-war with no clear winner. The traders who once lived off its...

Citi plans to launch bitcoin (BTC) custody for institutional clients later this year

Citigroup plans to begin offering bitcoin custody later this year, bringing crypto into the same infrastructure it uses to safeguard traditional assets for institutional...

The bitcoin price level where leveraged bulls could get whacked

“$57,000 is a key region to watch. If Bitcoin trades down into that area, we could see a massive wave of long liquidations,” Joao...

Bitcoin climbs above $64,000 while most majors slip

Bitcoin rose above $64,000 on Tuesday, up over 1% on the day and marginally higher on the week, the only major with a meaningful...

Bitcoin nears $64,000 as traders await FOMC minutes

Bitcoin neared the $64,000 mark in Asian morning hours Monday, up half a percent on the day but down almost 3% over the week,...

The ‘long bitcoin, short the bankers’ era is officially over as TradFi giants embrace digital assets

“The old ‘long bitcoin, short the bankers’ trade is over: banks have moved from resisting digital assets to building and enabling or distributing them...

Why the world’s second-largest Bitcoin mining power is shutting down rigs in its capital city

Crypto mining was banned in Moscow, the surrounding Moscow Region and parts of Kursk, with the restrictions set to run through Dec. 31, 2032.The...

Swiss mega-bank UBS ramps up its Bitcoin exposure with a massive 24-fold surge in ETF call options

Banking giant UBS, with over $7 trillion in assets under management, has reported a more than 24-fold quarterly increase in call option exposure tied...

Bitcoin slips back to $63,000; MSCI threatens to exclude Strategy from indices

Stocks tied to bringing traditional financial assets onto blockchains are taking a hit Friday morning after the anticipated “innovation exemption” for tokenized securities trading...