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News
Bitcoin recovers toward $78,000 as PONS and ARB extend Robinhood Chain rally
1+ week, 2+ day ago (165+ words) Bitcoin BTC$77,513.17 is trading around $77,890 on Thursday morning, 0.76% higher since midnight UTC, recovering some of the ground lost in Wednesday's selloff though still down 2.89% over the past week. Gold added 0.97% to around $4,434 and silver 0.88% to $65.94, following dips from both on…...
Wall Street is making it easier for bitcoin whales to ditch self-custody
2+ week, 3+ day ago (211+ words) BlackRock has made it a lot cheaper for bitcoin whales to swap self-custody for shares in its Nasdaq-listed spot BTC ETF, IBIT, a shift that’s accelerating due to crypto crime, according to a report by Bloomberg. The minimum value of…...
Strategy adds $1.59 billion of flexible liquidity while leaving bitcoin holdings unchanged
2+ week, 5+ day ago (306+ words) Bitcoin treasury firm Strategy MSTR$120,10·Al cierre raised approximately $2 billion last week through the sale of 18.26 million shares of common stock, according to a filing on Monday. Strategy allocated $300 million of the proceeds to its USD Reserve and used $136.4 million…...
Saylor floats a Strategy buyback as MSTR falls more than 73% in past year | CoinDesk Videos
3+ week, 4+ day ago (418+ words) Saylor floats a Strategy buyback as MSTR falls more than 73% in past year CoinDesk When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you,…...
The bitcoin price level where leveraged bulls could get whacked
3+ week, 4+ day ago (474+ words) For bitcoin BTC$64,137.53 traders holding bullish futures bets, $57,000 is the key level, not because it counts as key support from where the market turned higher in early June, but because that’s the level where their bullish bets could be at…...
Monad, an Ethereum rival, offered early investors up to $60 million to cash out. Almost all said no
3+ week, 4+ day ago (444+ words) Monad gave some of its earliest investors a chance to cash out their locked tokens months before they could normally sell them. Nearly all of those approached passed. The Monad Foundation said Tuesday it had finished a program offering to…...
How a bug in Coldcard’s code went unnoticed for years, leading to $100 million in hacked funds
3+ week, 5+ day ago (1410+ words) Jonathan Goodman followed the rules for keeping his bitcoin safe. “Perhaps the hardest part about this is that I did everything right,” he wrote in an Aug 1 X post. But, in the case of Coldcard, this security promise fell short....
Tom Lee's Bitmine now owns 4.8% of Ethereum supply after latest ETH purchase
3+ week, 5+ day ago (209+ words) Ethereum treasury company Bitmine Immersion added more of the token to its balance sheet, bringing its total holdings up to 5.815 million tokens. In an announcement Monday, the company led by Chairman Tom Lee said it bought another 9,926 ETH last week,…...
Strategy raises $334 million, adds $150 million to USD reserve
3+ week, 5+ day ago (211+ words) Bitcoin treasury firm Strategy (MSTR) raised $333.7 million last week through the sale of 3.46 million shares of common stock, according to a Monday filing. The company did not buy or sell any bitcoin during the week ended Aug. 16, leaving its bitcoin…...
Bitcoin’s summer calm is making options look unusually expensive
3+ week, 6+ day ago (381+ words) Bitcoin's BTC$63,636.81 price has been eerily calm for weeks, locked in a narrow range below $65,000. Options, or derivative contracts offering insurance against wild price swings, should be cheap in a market this quiet. They aren't. That may sound counterintuitive, but…...