CryptoQuant has pushed again on fashionable Bitcoin “provide shock” claims, revealing BTC exiting exchanges is simply shifting to ETF custody. Bitcoin Leaving Exchanges Has Simply Moved Into ETFs In a brand new post on X, on-chain analytics agency CryptoQuant has addressed a preferred concept that’s current amongst cryptocurrency merchants: {that a} decline within the Alternate…
Ark Make investments disclosed that its ARK Innovation ETF has acquired 123,336 shares of Robinhood Markets, price $14.2 million, on Tuesday. With the latest buy of Robinhood shares, ARK has elevated the inventory’s weighting to 4.09% of the ETF’s complete holdings. The ARKK fund bought round $9 million price of Robinhood shares on Friday. Here…
The Securities and Trade Fee (SEC) extended its assessment interval for Trump Media & Know-how Group’s Fact Social Bitcoin and Ethereum ETF till October 8, delaying what might develop into the most politically charged crypto funding product in market historical past. The regulatory resolution comes as scrutiny intensifies over President Trump’s increasing $1.2 billion crypto…
Leading Netherlands-based crypto services firm Amdax today announced plans to launch a Bitcoin (BTC) treasury company called AMBTS B.V. (AMBTS), with the goal of listing it on Euronext Amsterdam. Amdax Unveils Bitcoin Treasury Firm In a move that underscores the growing trend of European companies embracing Bitcoin strategies, Dutch crypto services provider Amdax revealed it…
Earlier today, Bitcoin (BTC) slipped below $115,000 for the first time since August 6, raising concerns that the cryptocurrency’s bullish momentum may be fading. Against this backdrop, the Binance Buying Power Ratio suggests that demand for BTC could be weakening, potentially setting the stage for a deeper price correction. Binance Buying Power Ratio Raises Alarms…
The cryptocurrency market is experiencing significant price declines, particularly among the three largest digital assets: Bitcoin (BTC), Ethereum (ETH), and XRP. Following record-breaking rallies in the previous week, these cryptocurrencies have seen notable losses, with Ethereum down 5.2%, XRP dropping 3.8%, and Solana (SOL) slipping 6%. Even memecoin Dogecoin (DOGE) has not been spared, losing…
Japanese Bitcoin treasury company Metaplanet has announced a fresh BTC acquisition, adding $93 million worth of the asset to its reserves. Metaplanet Has Expanded Its Bitcoin Treasury Holdings As revealed by Metaplanet president Simon Gerovich in a new post on X, the company has acquired another 775 BTC. The purchase occurred at an average price…
Bitcoin’s momentum has slowed after reaching a new all-time high above $124,000 last week. The cryptocurrency has since moved lower, with its price slipping by nearly 10% from that peak. At the time of writing, BTC is trading around $115,424, reflecting a 2.5% decline in the past 24 hours. The retracement has drawn attention to…
Bitcoin (BTC) slipped below $116,000 in Monday’s trading, marking a sharp reversal from last week’s record high above $124,000. The decline follows renewed inflation concerns in the U.S. and uncertainty around Federal Reserve policy, which has dampened risk appetite across global markets. At the time of writing, BTC hovers near $115,300, maintaining a fragile grip…
Key Takeaways: TeraWulf announced a $400M private offering of convertible notes, with proceeds partly funding data center expansion. Convertible notes give miners financing flexibility while delaying shareholder dilution, a trend also seen in other capital-intensive industries. Broader demand for high-performance computing may encourage miners to repurpose infrastructure for AI and cloud workloads. Bitcoin miner TeraWulf…