Bitcoin ETFs Shed $842 Million in Two Days as Election Gains Fade
US spot Bitcoin ETFs lost $430 million on Thursday and another $412 million on Friday. Ether funds lost about $100 million on Thursday, which brought the combined Bitcoin and Ether
Section
US spot Bitcoin ETFs lost $430 million on Thursday and another $412 million on Friday. Ether funds lost about $100 million on Thursday, which brought the combined Bitcoin and Ether
By Albert Morgan
Bitcoin fell to $74,762 on Friday, November 6, its lowest level since August 21. A strong US jobs report raised bets on a December Fed rate hike. Stocks rebounded
By Albert Morgan
Bitcoin fell more than 6% on Thursday to $75,463, its lowest price since September 16. The drop followed a sharp US stock sell-off that wiped out gains from
By Albert Morgan
Bitcoin climbed back above $80,000 on Wednesday after Democrats won control of Congress and US stocks rallied. BTC reached about $80,500 at the Wall Street open, up over
By Albert Morgan
Markus Thielen, founder of 10x Research, says Bitcoin’s streaks of consecutive double-digit gains are over. In an interview published November 3 by Cointelegraph, he credits Wall Street traders
By Albert Morgan
Strategy spent $208.2 million last week repurchasing its STRC preferred shares, more than three times the $65.5 million it put into Bitcoin. According to a Monday SEC filing,
By Albert Morgan
Bitcoin ended October near $77,558, down about 7.3% from its $83,554 open. That is its weakest October since 2014. A sell-off in US tech stocks and
By Albert Morgan
Utexo, a Dubai-based startup, will launch Tether’s USDT on Bitcoin on Nov. 28. The token will run on RGB, a protocol that keeps transaction data off the public
By Albert Morgan
Strategy bought no Bitcoin last week. It spent $204.9 million repurchasing 2.07 million shares of its STRC preferred stock instead. The buybacks cut its USD Cash balance by
By Albert Morgan
Bitcoin fell below $81,000 on Friday, October 23, as Brent crude reached $116 per barrel. Cointelegraph described it as the highest Brent price since March 19. The price dipped
By Albert Morgan
Bitcoin rose to about $84,600 on Wednesday, its highest level since Oct. 7. The rally followed a strong third-quarter report from SpaceX. Late Wednesday trading kept BTC near
By Albert Morgan
Super League shareholders approved a deal on Monday that gives Japanese Bitcoin treasury firm Metaplanet a 93.7% stake in the Nasdaq-listed gaming and digital media company. Metaplanet pays
By Albert Morgan
Strategy has declared daily dividends on its STRC preferred stock for every day of November, pending a shareholder vote. STRC traded at $99.32 on Friday, just under its $100
By Albert Morgan
CryptoQuant analysts say Bitcoin may have already set its October low. Exchange reserves are falling, whales are holding, and apparent demand has returned to near-neutral levels. Bitcoin trades around
By Albert Morgan
Bitcoin fell to $80,350 on Bitstamp on Thursday, its lowest level since Sept. 18. Crypto liquidations reached $1.09 billion in the 24 hours to 10 am UTC on
By Albert Morgan
US spot Bitcoin ETFs recorded $484.9 million in net outflows on Wednesday, according to Farside Investors. It was the largest daily withdrawal since June 25, when funds lost $691.
By Albert Morgan