Bitcoin’s price swings have hit a cycle low, squeezed by a market tug-of-war with no clear winner. The traders who once lived off its chaos have taken their risk appetite elsewhere.
Bitcoin rose above $64,000 on Tuesday, up over 1% on the day and marginally higher on the week, the only major with a meaningful gain as the rest of the market drifted lower. Ether eased half a percent to just under $1,900, though it holds… Read More
Crypto mining was banned in Moscow, the surrounding Moscow Region and parts of Kursk, with the restrictions set to run through Dec. 31, 2032. The measure, established under government decree No. 936, also prohibits participation in crypto mining pools. The decree was signed on July… Read More
Banking giant UBS, with over $7 trillion in assets under management, has reported a more than 24-fold quarterly increase in call option exposure tied to BlackRock’s iShares Bitcoin Trust (IBIT) in the second quarter. That increase, which gives it the right to acquire IBIT shares… Read More
WTI crude tops $82 a barrel, adding inflation pressure and weighing on risk assets as bond yields rise.
Metaplanet shifted 3,881 BTC, worth about $247 million, across several transactions over three hours on Wednesday, per Arkham data. The move went from the company’s cold wallets to new addresses it also controls, not to an exchange. Transfers to fresh self-custody wallets don’t add to… Read More
