Joint currency interventions in the yen by Japan and the US could ultimately benefit Bitcoin ($BTC) and risk assets. Key points: The first joint intervention in the yen between Japan and the US since the late 1990s could set a precedent for future moves. A liquidity crisis tied to the yen carry trade poses questions
U.S. real estate investment firm Cardone Capital has announced the purchase of 350 Bitcoin, valued at approximately $22.3 million. The acquisition marks one of the latest moves by a traditional financial firm to add cryptocurrency to its corporate treasury. Cardone Capital’s Bitcoin Purchase: Details and Context The purchase was confirmed by the company, though specific
Something unusual has happened to one of crypto’s most reliable trading strategies. The bitcoin futures yield collapse now underway means a bet that once handed traders more than 20% annual returns has quietly fallen behind the safest instrument in finance: the short-term U.S. Treasury note. What used to be a near-guaranteed edge for carry traders
Brazil-listed OranjeBTC has increased its Bitcoin reserves by 30 $BTC, according to data from BitcoinTreasuries.net. The company now holds a total of 3,948 $BTC, reinforcing its position as one of the most active corporate Bitcoin holders in Latin America. Strategic Accumulation Continues The latest purchase follows a pattern of consistent accumulation by OranjeBTC, which has
The multimillion-dollar Coldcard hack, anemic institutional demand, and uncertainty in the regulatory and macroeconomic environment are some of the pain points for the crypto market right now. Yet there are no signs of panic or stress in the market, at least not in the continued meltdown of bitcoin’s 30-day implied volatility index, BVIV. The index
A large-scale transaction attracting attention has taken place in the cryptocurrency derivatives markets. According to data shared by ai_9684xtpa, known for on-chain and derivatives market analysis, a major options investor sold Bitcoin call options worth a total of $173 million, taking a position that the $BTC price will not rise above $70,000 until September 25th.
Crypto asset manager Hashdex is set to close and liquidate its $14.7 million spot bitcoin $BTC$63,518.30 exchange-traded fund, in what may be the first liquidation of a U.S. spot bitcoin offering. Bitcoin futures ETFs have closed before, including VanEck’s XBTF in 2024, but no U.S. fund holding bitcoin directly appears to have previously been liquidated.
Jim Cramer wants out of bitcoin $BTC$63,607.21 and the crypto community’s reaction is positive. The “Mad Money” host said this week that he plans to sell all of his bitcoin holdings due to concerns that advancements in quantum computing could threaten cryptocurrencies within the next three to four years. The comment followed his July 31
Gelephu Mindfulness City (GMC), a special administrative region in southern Bhutan, awarded 3iQ Corp. a mandate to manage part of its bitcoin $BTC$63,607.21 treasury, the firms said in an email. GMC declined to disclose the size of the mandate to CoinDesk. How the money will be run is the new information. GMC told CoinDesk it
A long-dormant bitcoin $BTC$64,011.28 wallet woke up Monday, and it wasn’t alone. Several old coins have moved on-chain in the same narrow window, all since the Coldcard hack began on July 30. The wallet labeled 18TExP, dormant since 2013, moved 500 $BTC, worth $31.3 million, in a transaction first flagged by on-chain tracker Whale Alert.