Bitcoin at Risk: Arthur Hayes Warns of Yen Strength and Market Impact
TL;DR Arthur Hayes warns of a possible market crash due to a strengthening Japanese yen. The dismantling of carry trade operations could negatively affect Bitcoin....
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Metaplanet Strengthens Its Strategy with an Additional Purchase of 38.464 Bitcoins
TL;DR Metaplanet purchased an additional 38,464 bitcoins for a total of 300 million yen. The company now owns 398,832 bitcoins, acquired for 3.75 billion yen...
Bitcoin ETFs See $28.6 Million Inflows After Eight-Day Outflow Streak
TL;DR US Bitcoin ETFs saw net inflows of $28.6 million on September 9, 2024, following an eight-day streak of outflows. BlackRock continues to lead the...
Why Choose MicroStrategy (MSTR) Over Bitcoin ETFs?
TL;DR Michael Saylor, co-founder of MicroStrategy, reaffirms the company’s commitment to Bitcoin (BTC) and reveals that it has accumulated $8.3 billion in BTC since August...
TEPCO Utilizes Surplus Renewable Energy to Mine Bitcoin in Japan
TL;DR TEPCO, through its subsidiary Agile Energy X, is mining Bitcoin using surplus renewable energy. The initiative seeks to prevent the waste of green energy...
Bitcoin Volatility Surges Ahead of US Jobs Report
TL;DR Bitcoin Volatility: Bitcoin has experienced significant volatility ahead of the US jobs report for August, which is expected to influence the Federal Reserve’s interest...
Morgan Stanley Boosts Bitcoin Exposure with Major Investments in BlackRock ETF and MicroStrategy
TL;DR Morgan Stanley allocated 2.1% of its Institutional Fund to BlackRock’s Bitcoin ETF, IBIT. The fund also holds a 4% stake in MicroStrategy, one of...
Bitcoin’s Market Dominance Soars to 60%: What It Means for Altcoins
TL;DR Bitcoin’s Market Dominance: Bitcoin’s market share has surged to nearly 60%, driven by increased interest from major financial institutions and its resilience post-2022 bear...
Spot Bitcoin ETFs Record Third Day of Net Outflows
TL;DR Bitcoin spot ETFs recorded a net outflow of $71.73 million on August 29. BlackRock’s IBIT experienced its first net outflow since May. Total trading...
Bitwise Bitcoin ETF to Acquire Osprey Bitcoin Trust
TL;DR Bitwise Bitcoin ETF (BITB) will acquire the assets of the Osprey Bitcoin Trust (OBTC). The transaction is designed to be tax-free for OBTC unitholders...