Six weeks of war have revealed that bitcoin’s floor depends entirely on a handful of mandated buyers absorbing what everyone else is trying to get rid of. What to know: Six weeks of war have split the bitcoin market into two camps. The institutional buyers who keep accumulating regardless of […]
Last week’s purchases were mostly funded via sales of the company’s STRC preferred stock. What to know: Michael Saylor’s Strategy (MSTR) added 4,871 bitcoin to its treasury over the past week at an average price of roughly $67,718 per coin, spending approximately $329.9 million, according to a Monday filing. The purchase […]
CryptoQuant data shows overall bitcoin demand is contracting at -63,000 BTC per month even as institutional buyers accelerate purchases, with large holders distributing nearly 188,000 BTC over the past year. What to know: The most visible bitcoin buyers in the world are buying at near-record pace. It is not enough. […]
Tehran launched waves of missiles and drones targeting Israel, U.S. bases, and Gulf allies, with explosions reported in Dubai, Kuwait, and Bahrain. What to know: What started as an Israeli strike on Iran hours earlier has escalated into the broadest Middle Eastern military conflict in decades, posing a risk to […]
The divergence emerged when newer nodes accepted a malformed transaction that older nodes rejected. What to know: A malformed transaction pushed Cardano into a brief chain split in late U.S. hours on Friday, as older and newer node versions validated transaction data submitted to the network differently. The mismatch caused […]
All of these moved coins are among the rarest class of BTC: mined or transacted during the “Satoshi era,” a loosely defined period from bitcoin’s launch in 2009 through 2011, when its pseudonymous creator was still active online. What to know: More than $8 billion worth of bitcoin mined during […]
Payouts of up to 120% begin May 30 for thousands of creditors, just as U.S. regulators warm to crypto and the industry stages a comeback. What to know: FTX creditors are set to receive over $5 billion in distributions starting May 30, as part of the second phase of the […]
The purchase has brought Metaplanet’s total holdings to over 4,855 BTC. What to know: Publicly-listed Metaplanet announced fresh bitcoin (BTC) purchases on Monday as BTC went above $87,300, reversing last week’s loses. Metaplanet picked up 330 BTC bring its overall holdings to 4,855 BTC, worth over $420 million, based on […]
Expectations of bigger plans for the largest cryptocurrencies fell short on Friday as the first-ever presidential crypto summit ended with promises of stablecoin legislation and lower regulatory resistance. What to know: The much-anticipated White House Crypto Summit on Friday ended with a whimper rather than a bang for cryptocurrency traders, […]
CoinDesk by Shaurya Malwa Traders expect bitcoin (BTC) choppiness to continue with a possible rotation to altcoins, as a major options expiry weighs on market dynamics in the festive week ahead. “All eyes are on the massive expiry this Friday, where almost $20B notional across BTC and ETH options will expire,” […]