Fri, September 25

Bitcoin Miner MARA Unveils $700M Convertible Notes Offering

Bitcoin Miner MARA Holdings has announced a private offering of convertible senior notes with a maturation date of 2030, with a plan to raise $700 million. The notes, which come with an option to buy an extra $105 million, are available to eligible institutional purchasers. The funds will go toward

November 18, 2024 2 mins read

Spot Bitcoin ETFs See $1.67B Weekly Inflows Amid Bitcoin’s Record Rally

With the cryptocurrency markets surging once again, spot Bitcoin exchange-traded funds (ETFs) resumed their upward pace and had another good week. Data from the crypto monitoring platform SoSoValue shows that spot Bitcoin ETFs saw six weeks of positive flows, with net inflows of $1.67 billion during the trading week of

November 18, 2024 1 min read

Polish Presidential Candidate Vows to Create Strategic Bitcoin Reserve

Similar to a pledge made by US President-elect Donald Trump throughout his campaign, Polish presidential candidate Sławomir Mentzen has pledged to establish a Bitcoin reserve upon his victory in the next election. When asked on November 17 if he would think about creating a Bitcoin reserve, Mentzen said in a

November 18, 2024 2 mins read

Can Bitcoin Overcome Sell Pressure to Hit $100K?

Bitcoin (BTC), which hit an all-time high of $93,265 five days ago, is currently trading at $90,659.66, reflecting a modest 0.29% daily increase. Despite a 12% weekly gain, its trading volume has dipped by 4%, hinting at a slowdown in momentum.   Meanwhile, Renowned crypto analyst Ali has issued a cautionary

November 18, 2024 2 mins read

The CFTC Approves Spot Bitcoin ETF Options for Listing

The United States Commodity Futures Trading Commission (CFTC) has taken a big step toward introducing spot Bitcoin exchange-traded fund (ETF) options. This decision removes a key regulatory barrier, with analysts predicting that these products could soon be available to investors. CFTC’s Announcement On November 15, the CFTC announced that its

November 16, 2024 3 mins read

Goldman Sachs Reveals $710M Bitcoin ETF Holdings

Goldman Sachs, one of the world’s largest investment banks, has reported $710 million in (ETF) holdings in its latest filing with the U.S. Securities and Exchange Commission (SEC). This is a significant 70% increase in Bitcoin ETF investments since the previous quarter, reflecting the bank’s growing confidence in the cryptocurrency

November 15, 2024 2 mins read

Will Bitcoin Extend Its Drop or Hit $100K Target?

After maintaining a 9-day consecutive bullish streak, Bitcoin (BTC) drops over 5.87% in the last 24 hours, falling from a peak of $91,765 to an intraday low of $86,682. However, the flagship cryptocurrency is currently attempting to recover from earlier losses during Asian trading hours. At the time of writing,

November 15, 2024 2 mins read

Royal Bhutan Government Sells 367 Bitcoin on Binance

Bhutan has been quietly mining Bitcoin since 2021. Using its hydropower, Bhutan runs low cost, sustainable mining operations and has accumulated over 12,200 BTC, worth about $1.11 billion, making it one of the largest government holders of Bitcoin. Why Bhutan Is Selling Bitcoin According to Arkham Intelligence, Bhutan moved BTC

November 14, 2024 2 mins read

What Would Germany’s 50K Bitcoin Sale Be Worth Today?

While the enthusiasm over the Bitcoin market is soaring every day, Germany’s recent decision to sell nearly 50,000 BTC at $53,000 per coin during June and July has led to an estimated “$1.84 billion in missed profits” as Bitcoin surged to a new all-time high of $89,956.88.  At the current

November 12, 2024 2 mins read

Is Post-Halving Demand Fueling Bitcoin’s Historic Rise?

Bitcoin reached a historic milestone today, hitting an all-time high of $89,863. This new peak underscores the remarkable upward momentum Bitcoin has shown in recent days. The price surge reflects a 10.80% increase in the last 24 hours, with Bitcoin now trading at around $89,871.28.  Trading volume is also surging,

November 12, 2024 2 mins read