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
Bitcoin BTC$63,691.08 barely budged on Tuesday, extending a five-week standstill as steady demand from exchange-traded funds ran into selling from miners and corporate holders. BTC slipped to around $63,500, down 0.6% over the past 24 hours. More importantly, the largest cryptocurrency remained trapped in the… Read More
Two Prime’s loan to MARA carries a fixed interest rate of 7.65% and matures in August 2028. Blume said borrowing demand has increased in recent months, with institutions tapping bitcoin holdings to finance capital expenditure while retaining exposure to the asset. The structures are also… Read More
“When volatility is cheap, traders can build directional positions and hedges at relatively low cost. If the market then moves through a level with concentrated positioning, dealer hedging can accelerate the move,” Adam Haeems, head of asset management at Tesseract Group, which manages $500 million… Read More
SpaceX (SPCX), Elon Musk’s space technology company, reported its first quarterly results as a public company on Tuesday, announcing second-quarter revenue of $7.8 billion. That figure topped Wall Street expectations of $6.9 billion, while narrowing its quarterly loss to $541 million as growth accelerated across… Read More
Since then, average daily liquidations have remained well below this year’s typical $400 million-$500 million range, suggesting there has been little forced selling despite the macro shock, according to Bitfinex. “Crypto fell less than levered equity themes because the forced-selling fuel was already spent,” the… Read More
