Silent Tension in Bitcoin’s Price
TL;DR Bitcoin is currently priced at $107,481.14, showing a 2.55% drop over the past 24 hours, despite a positive performance in the previous week. The...
bitcoin
Leveraged Bitcoin Acquisition Vehicles Challenge Bitcoin’s Reserve Future
TL;DR Leveraged Strategies on the Rise: Companies are shifting from modest hedges to aggressive accumulation, using bonds, equity, and other tools to boost their Bitcoin...
Ethereum Overtakes Bitcoin in Daily Derivatives Volume
TL;DR Ethereum recorded over $110 billion in derivatives trading volume within 24 hours, surpassing Bitcoin’s $84.7 billion. Strong inflows into newly launched spot ETFs in...
CloudTech Raises $14M in Crypto for Digital Custody Solution
TL;DR Based in Melbourne and founded in 2021, CloudTech completed one of Australia’s largest crypto-denominated funding rounds to date. Of the $14 million raised, only...
Bitcoin Resilient: Price Soars Near $108K Despite $250M Inflows
TL;DR Bitcoin nears $108K despite receiving a $250M net inflow on exchange wallets, a move traditionally seen as bearish. Recent activity shows $262M in inflows...
Strategy Adds 1,045 BTC and Announces $1 Billion Stock Offering to Fund New Purchases
TL;DR Strategy bought 1,045 BTC for $110.2M at an average price of $105,426, bringing its total holdings to 582,000 BTC valued at $40.8B. The purchase...
Ethereum Attracts Capital While Bitcoin Loses Momentum
TL;DR Institutional capital flow is showing a clear preference for Ethereum over Bitcoin, according to the latest data from Glassnode. In the week ending June...
Strategy Quadruples STRD Offering to Raise Nearly $1 Billion
TL;DR Strategy, under the leadership of Michael Saylor, has quadrupled its preferred stock offering (STRD) to raise nearly $1 billion. The proceeds will be used...
Bitcoin ETFs Plunge as Trump-Musk Dispute Sparks Market Fear
TL;DR Market Turmoil: A public feud between Trump and Musk sparked a rapid shift in investor sentiment, leading to $278 million in outflows from Bitcoin...
Chanos Bets Against Strategy: Here’s Why
TL;DR Jim Chanos believes Strategy’s premium over its Bitcoin holdings is unsustainable and suggests exploiting the arbitrage opportunity. Hedge funds are taking advantage of a...