Bitcoin treasury firm Strive, which recently became the 5th-largest $BTC treasury, added more $BTC last week as it looks to close in on other firms in the top 5 by year-end. The company’s preferred security, SATA, accounted for most of the capital it raised last week to buy these coins, with the stock hitting almost
Bitcoin infrastructure has suffered a series of major security incidents in recent months, raising concerns about artificial intelligence making it dramatically cheaper to uncover bugs buried deep inside financial software. Attackers recently drained around $114 million in bitcoin $BTC$77,719.45 from Coldcard wallets, while developers at Core Lightning issued an emergency after AI-generated security reports uncovered
Bitcoin ($BTC) whales have more reason to sell than at any time in Bitcoin’s recent history as their unrealized profits hit records. Key points: Bitcoin short-term holder whales saw unrealized profits spike to $9 billion on Sept. 4, the largest reading ever tracked by CryptoQuant data. Profitability is sensitive to small $BTC price fluctuations, falling
Strategy, the world’s largest publicly traded Bitcoin holder, did not continue its purchases from last week and, as has been the case for a long time, spent this week without making any purchases. The company, which has been making headlines in recent weeks with its $BTC sales, currently holds 845,050 $BTC. Strategy Did Not Continue
Cathie Wood’s ARK Invest is becoming the clear frontrunner in the effort to launch the first tokenized investment funds in the U.S., according to reports. The update suggests that ARK Invest could outpace other competitors such as BlackRock and Fidelity if the Securities and Exchange Commission rolls out an innovation exemption that is linked to
Binance founder Changpeng Zhao on Tuesday said initial public offerings (IPOs) will move to blockchain, signaling deeper integration of traditional finance (TradFi) and the crypto industry. The infrastructure is already advancing as the US SEC pushes for tokenization, with Binance’s pre-IPO perpetual contracts on-chain seeing massive demand.
Bitcoin’s $BTC$78,356.11 rebound may have further to run as institutional investors caught on the wrong side of volatility trades are forced to cover their positions, according to Alexander Blume, founder and CEO of crypto asset manager Two Prime. Investors have repeatedly sold bitcoin calls, suppressing implied volatility and leaving themselves exposed when prices rise sharply,
Tokenized stocks are becoming increasingly relevant in the financial landscape, as highlighted by CryptoTwitter commentator @AerodromeFi. The emphasis on their productivity suggests a shift in how market participants perceive these digital assets. This growing acceptance could lead to further developments in tokenized trading platforms and investment opportunities. The Latest The broader crypto market is currently
While investor demand for U.S.-listed spot bitcoin $BTC$78,473.65 exchange-traded funds (ETFs) has rebounded in recent weeks, net flows for the year remain firmly in the red. A spectacular August brought in a massive $3.52 billion in fresh capital, followed by a solid $770.15 million so far this month, according to data source SoSoValue. While that
Won-denominated stablecoins could reduce South Korean merchants’ annual payment fees by between 370 billion won ($275 million) and 5.15 trillion won, the National Assembly Budget Office said. The parliamentary budget office’s analysis estimated the savings under different assumptions about how much card spending moves to stablecoin payments and the fees those systems charge. Stablecoins are