The timing of the deposit raised eyebrows given recent hints that Strategy could consider selling some of its Bitcoin. On May 29, the world’s largest corporate holder of Bitcoin Strategy transferred 411.48 BTC, worth […]
Bitcoin’s drop below $73,000 on Wednesday marks a short-term turning point for the market, as multiple BTC distribution signals point toward rising sell-side pressure. While the increasing chance of a correction into the $60,000 to […]
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The first installment of […]
The burned Bitcoin would have been worth nearly $13.4 million when the OG crypto was at its $126,000 peak in October last year. Yesterday, five Bitcoin (BTC) wallets that had remained untouched for about […]
An unknown trader’s $1.3 billion sale of shares in BlackRock’s Bitcoin exchange-traded fund on Tuesday coincided with a steep fall in the price of Bitcoin, according to analysts. A trader sold 29.2 million shares of […]
Key Takeaways Everstake found that ETH treasury firms lost $1.41B as crypto market cap fell 30.6%.Sharplink and Bit Digital relied on staking, which made up 60% of reported revenue.Everstake says ETH firms now need DeFi, […]
Some analysts expect an initial dip in BTC’s price even if a peace deal is confirmed before a broader rally resumes. Bitcoin (BTC) climbed back toward $78,000 on Monday after analysts tied the latest […]
However, this model cuts both ways. On one hand, it lets companies raise capital on a wave of market optimism. On the other, it forces them to absorb the volatility of the underlying asset when […]
Key Takeaways IHC executed a landmark $30 million transaction using the new DDSC token on ADI Chain.This milestone expands the UAE crypto market, following approvals for Mbank’s AE Coin and Zand’s AEDZ.Developers now plan to […]
The disclosure places SpaceX seventh among corporate BTC holders, surpassing sister company Tesla, with a margin of more than 7,000 BTC. SpaceX has revealed in a new S-1 registration statement with the U.S. Securities […]
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