Bitcoin
Spot Bitcoin exchange-traded funds ended their longest outflow streak since launch on Monday, recording $219 million in net inflows after six consecutive days of investor withdrawals. According to Cointelegraph, the reversal came as Fidelity and BlackRock led institutional buying interest back into crypto investment products. The outflow period began August
Bitcoin
Users deposited $1.65 billion in stablecoins on Binance cryptocurrency exchange during Tuesday's trading session. Cointelegraph reported the massive inflow coincided with nearly $1 billion in Ethereum withdrawals from the platform. The deposit total represents the second time this month that net stablecoin deposits on Binance exceeded $1.
Bitcoin
Users deposited $1.65 billion in stablecoins on Binance cryptocurrency exchange during Tuesday's trading session. Cointelegraph reported the massive inflow coincided with nearly $1 billion in Ethereum withdrawals from the platform. The deposit total represents the second time this month that net stablecoin deposits on Binance exceeded $1.
Bitcoin
According to Cointelegraph, MicroStrategy acquired 3,081 Bitcoin for $356.9 million during the week ending Sunday. The business intelligence company purchased the Bitcoin batch at an average price of $115,829 per coin. Bitcoin started the week around $116,700 before sliding to $112,000 on Thursday. The acquisition
Bitcoin
According to Cointelegraph, MicroStrategy acquired 3,081 Bitcoin for $356.9 million during the week ending Sunday. The business intelligence company purchased the Bitcoin batch at an average price of $115,829 per coin. Bitcoin started the week around $116,700 before sliding to $112,000 on Thursday. The acquisition
Bitcoin
An $11 billion Bitcoin whale closed $450 million worth of Ethereum perpetual long positions on Monday while simultaneously purchasing $108 million in additional spot Ether. According to Cointelegraph, the whale closed the positions at an average Ethereum price of $4,735, securing $33 million in profit from the derivatives trades.
Bitcoin
An $11 billion Bitcoin whale closed $450 million worth of Ethereum perpetual long positions on Monday while simultaneously purchasing $108 million in additional spot Ether. According to Cointelegraph, the whale closed the positions at an average Ethereum price of $4,735, securing $33 million in profit from the derivatives trades.
Bitcoin
According to Cointelegraph, Custodia Bank CEO Caitlin Long warned traditional finance firms about potential struggles during their first crypto winter. Long made these comments at the Wyoming Blockchain Symposium on Friday when speaking to CNBC. Long stated that institutional investors from traditional finance lack updated risk tolerance models for cryptocurrency
Bitcoin
According to Cointelegraph, Custodia Bank CEO Caitlin Long warned traditional finance firms about potential struggles during their first crypto winter. Long made these comments at the Wyoming Blockchain Symposium on Friday when speaking to CNBC. Long stated that institutional investors from traditional finance lack updated risk tolerance models for cryptocurrency
Bitcoin
According to Cointelegraph, social media discussions about Federal Reserve interest rate cuts have reached their highest levels in 11 months. Sentiment platform Santiment issued a warning Saturday stating this surge in online chatter could signal dangerous market euphoria. The firm noted that such massive spikes in discussion around bullish narratives
Bitcoin
According to Cointelegraph, social media discussions about Federal Reserve interest rate cuts have reached their highest levels in 11 months. Sentiment platform Santiment issued a warning Saturday stating this surge in online chatter could signal dangerous market euphoria. The firm noted that such massive spikes in discussion around bullish narratives
Bitcoin
Trish Turner resigned from her role as head of the Internal Revenue Service digital assets division after serving just three months in the position. According to Cointelegraph, Turner announced her departure through a LinkedIn post on Friday, expressing appreciation for her 20-year career with the tax agency. Turner stated she
Bitcoin
Trish Turner resigned from her role as head of the Internal Revenue Service digital assets division after serving just three months in the position. According to Cointelegraph, Turner announced her departure through a LinkedIn post on Friday, expressing appreciation for her 20-year career with the tax agency. Turner stated she
Bitcoin
The cryptocurrency market returned to "Greed" territory on Saturday as Bitcoin and Ethereum surged following Federal Reserve Chair Jerome Powell's dovish comments at Jackson Hole. According to Cointelegraph, the Crypto Fear & Greed Index rose to 60 on Saturday, gaining 10 points from Friday's
Bitcoin
The cryptocurrency market returned to "Greed" territory on Saturday as Bitcoin and Ethereum surged following Federal Reserve Chair Jerome Powell's dovish comments at Jackson Hole. According to Cointelegraph, the Crypto Fear & Greed Index rose to 60 on Saturday, gaining 10 points from Friday's
Bitcoin
Strategy's corporate treasurer directly challenged widespread market speculation about the company's influence on Bitcoin prices during a recent podcast appearance. Shirish Jajodia, who oversees the firm's massive Bitcoin treasury operations, told Cointelegraph that Strategy carefully structures its purchases to avoid market impact. "The