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Bitcoin

MSTR purchased $90 million of bitcoin last week

MSTR purchased $90 million of bitcoin last week

2 months ago by Crypto InsightsCrypto

Strategy (MSTR) added to its bitcoin BTC$68,765.15 holdings, but appears to have made all its purchases before the deep price plunge in the back half of the week. Led by Executive Chairman Michael Saylor, the company added 1,142 bitcoin for $90 million, or an average… Read More

Bitcoin has performed worse than a bet tracking the chance of Jesus Christ returning this year

Bitcoin has performed worse than a bet tracking the chance of Jesus Christ returning this year

2 months ago by Crypto InsightsCrypto

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

How options on the BlackRock bitcoin ETF may have worsened crypto meltdown

How options on the BlackRock bitcoin ETF may have worsened crypto meltdown

2 months ago by Crypto InsightsCrypto

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

Bitcoin ETFs barely flinch as BTC slides 40%, Bloomberg’s Eric Balchunas says

Bitcoin ETFs barely flinch as BTC slides 40%, Bloomberg’s Eric Balchunas says

2 months ago by Crypto InsightsCrypto

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

BTC price news: Bitcoin dumps below $71,000

BTC price news: Bitcoin dumps below $71,000

2 months ago by Crypto InsightsCrypto

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 ETF outflows deepen as ether and XRP funds quietly attract inflows

Bitcoin ETF outflows deepen as ether and XRP funds quietly attract inflows

2 months ago by Crypto InsightsCrypto

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

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