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...
bitcoin
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...
Kiyosaki Predicts Bitcoin to Hit One Million and Financial Collapse
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
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...
Semler Scientific Bolsters Bitcoin Treasury: Holdings Reach 4,449 BTC with Latest $20M Buy
TL;DR Latest Buy Boosts Holdings: Semler Scientific acquired 185 BTC for $20 million, increasing its total Bitcoin holdings to 4,449 coins, and showcasing robust confidence...
Institutional Shakeup: BlackRock Sells Bitcoin, Invests $69M in Ethereum Growth
TL;DR Bitcoin Downsize: BlackRock shifted 5,362 BTC (valued at about $561 million) to Coinbase Prime, a move driven by ETF redemption activity and recent Bitcoin...