Traders on prediction market Polymarket have doubled the implied odds of the Second Coming of Jesus Christ occurring by year-end, turning one of the platform’s stranger contracts into a better performer than bitcoin. The market, titled “Will Jesus return in 2026,” traded around 4 cents… Read More
BlackRock’s spot bitcoin BTC$70,226.10 exchange-traded fund has been a massive hit since launch, pulling in billions from investors seeking exposure to the cryptocurrency without the hassle of crypto wallets or exchanges. Traders and analysts religiously track inflows into the fund to gauge how institutions are… Read More
Latest developments: ETF investors are proving more resilient than many expected during bitcoin’s latest drawdown. In an interview on CoinDesk’s Markets Outlook, Bloomberg Intelligence Senior ETF Analyst Eric Balchunas highlighted several key data points demonstrating this stability: Bitcoin has fallen more than 40% from recent… Read More
Bitcoin slid below the $71,000 mark in Asian hours Thursday as a renewed selloff in global technology stocks spilled into crypto markets, undercutting hopes of a sustained rebound after last week’s volatility. The world’s largest cryptocurrency fell as much as 7.5% over the past 24… Read More
Bitcoin exchange-traded funds saw fresh outflows on Tuesday even as ether- and XRP-linked products drew net inflows, indicative of a growing split in how investors are positioning across major crypto assets during the latest bout of market volatility. U.S.-listed spot bitcoin ETFs recorded roughly $272… Read More
Strategy (MSTR) continued its weekly bitcoin purchases, though last week’s acquisition was relatively small. Led by executive chairman Michael Saylor, the company purchased 855 bitcoin for $75.3 million, or an average price of $87,974 each. The purchases were funded via the sale of common stock,… Read More
