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Bitcoin

Musk’s SpaceX holds $603 million in bitcoin despite $5 billion loss stemming from xAI

Musk’s SpaceX holds $603 million in bitcoin despite $5 billion loss stemming from xAI

6 months ago by Crypto InsightsCrypto

SpaceX is sitting on 8,285 BTC worth $603 million in Coinbase Prime custody while reporting a loss of nearly $5 billion for 2025, according to Arkham Intelligence data and a report from The Information published late Friday. The loss marks a sharp reversal from a… Read More

Bhutan has sold 70% of its bitcoin in 18 months. It may have stopped BTC mining too.

Bhutan has sold 70% of its bitcoin in 18 months. It may have stopped BTC mining too.

6 months ago by Crypto InsightsCrypto

Bhutan is quietly unwinding one of the most unusual bitcoin experiments any government has ever run. The Royal Government of Bhutan transferred roughly 319.7 BTC worth $22.68 million to two addresses on Thursday, according to Arkham Intelligence data. Roughly 250 BTC went to a wallet… Read More

Morgan Stanley’s bitcoin ETF draws $33.9 million on day one

Morgan Stanley’s bitcoin ETF draws $33.9 million on day one

6 months ago by Crypto InsightsCrypto

Morgan Stanley’s spot bitcoin exchange-traded fund (ETF) began trading Wednesday with solid early activity, logging more than 1.6 million shares traded and roughly $34 million in inflows, the bank said. The fund, listed under the ticker MSBT, tracks the CoinDesk Bitcoin Benchmark 4 PM New… Read More

Bitcoin dip buying surges as 850K BTC cluster between $60K and $70K

Bitcoin dip buying surges as 850K BTC cluster between $60K and $70K

6 months ago by Crypto InsightsCrypto

Bitcoin BTC$71,726.55 may have recently looked choppy under $70,000, but a ton of BTC was traded then, in a sign of strong dip demand. That’s evident from blockchain data, which shows the total amount of BTC that last moved on-chain in the $60,000-$70,000 range now… Read More

Ripple-linked token jumps 5% on bitcoin strength

Ripple-linked token jumps 5% on bitcoin strength

6 months ago by Crypto InsightsCrypto

XRP broke above resistance, but it is not yet clear if this move marks a real shift or just a short-term bounce. The move above $1.37 came on strong volume and clear accumulation signals, yet the broader structure is still bearish, making this look more… Read More

Bitcoin ETF inflows hit highest level since February

Bitcoin ETF inflows hit highest level since February

6 months ago by Crypto InsightsCrypto

Bitcoin traded around $68,780 on Tuesday as U.S. spot bitcoin ETFs posted their strongest daily inflow in more than a month. Funds added a combined $471 million on April 6, according to SoSoValue data, marking the largest inflow since Feb. 25 and the sixth-biggest daily… Read More

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