Bitcoin Eyes $135K: Caution Urged Amid Leverage and Retail FOMO
TL;DR Bitcoin could hit $135,000 according to CryptoQuant CEO. Retail investor participation in the market is growing. Warns of risks due to high leverage in...
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Spot Bitcoin ETFs Surge with $1.7B Weekly Inflows
TL;DR Bitcoin spot ETFs hit $1.7 billion in weekly inflows, marking six consecutive weeks of positive flows. Assets under management by these ETFs represent 5.27%...
Bitfinex Hacker Sentenced for Laundering Billions in Stolen Bitcoin
TL;DR Ilya Lichtenstein was sentenced to five years in prison for his role in the 2016 Bitfinex hack, which resulted in the theft of 120,000...
Bitcoin ETF Outflows Hit $400M as Investors Take Profits
TL;DR Bitcoin breaks its six-day winning streak with $400 million outflow from ETFs on Nov. 14. BlackRock’s ETF bucks the trend with $126.5 million inflow,...
Bitcoin Surpasses $90,000, But Faces a Temporary Correction Due to Dollar Strength
TL;DR Bitcoin surpassed $90,000 but faces a temporary correction due to the strength of the U.S. dollar, which could slow its rise. The strengthening of...
Robinhood CEO Predicts Bitcoin Boom Under Trump’s Pro-Crypto Administration
TL;DR Robinhood CEO Vlad Tenev links Bitcoin’s rise to Donald Trump’s upcoming term. Trump promises to make the US a global hub for cryptocurrency innovation....
The MicroStrategy $10B Bitcoin Profit
TL;DR MicroStrategy posts $10.55 billion in unrealized gains thanks to recent surge in Bitcoin price. The company has accumulated 252,220 BTC, currently valued at $20.48...
Block Focuses on Bitcoin Mining, Closes TBD Division
TL;DR Jack Dorsey’s company Block is focusing on Bitcoin mining and reducing its investment in other areas. The TBD division, which is dedicated to developing...
MicroStrategy’s Saylor Advocates for a U.S. Bitcoin Reserve
TL;DR Michael Saylor, co-founder of MicroStrategy, advocates for the U.S. to establish a strategic Bitcoin reserve, highlighting its potential to stabilize the economy and enhance...
Strike Launches Fee-Free Bitcoin Auto-Withdrawals
TL;DR Strike launches the BTC auto-withdrawal feature, allowing transfers without manual intervention and no fees. Users can set a balance threshold to trigger withdrawals and...