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...
bitcoin
CloudTech Raises $14M in Crypto for Digital Custody Solution
by federico
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
by jose
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
by guido
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
by federico
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
by federico
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
by jose
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
by guido
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...
Kiyosaki Predicts Bitcoin to Hit One Million and Financial Collapse
by federico
TL;DR While much of the traditional financial system continues to promote a conservative outlook, investor and “Rich Dad, Poor Dad” author Robert Kiyosaki doubles down...
BitMine Boosts Bitcoin Treasury with $18 Million Public Offering, Eyes Institutional Growth
by jose
TL;DR $18M Public Offering: BitMine is raising $18 million through a public offering, with underwriters holding an option for additional shares, to boost its Bitcoin...