BlackRock’s iShares Bitcoin Trust (IBIT) has become the fastest-growing ETF ever, officially hitting $80 billion in assets under management just 374 days after launch. This milestone is a new record for the ETF industry, says Bloomberg’s Eric Balchunas. To put it in perspective: Vanguard’s $VOO took almost five times longer — 1,814 days — to
U.S. stocks slipped on Friday, with the Dow Jones Industrial Average opening 250 points lower following President Donald Trump’s 35% tariff against Canada. With stocks having reached new all-time highs in recent weeks, trading on July 11 was largely a reaction to fresh trade war concerns. As the Dow fell 250 points, the S&P 500
Interest rates on OKX’s USDT “Simple Earn” flexible savings product surged from 5% to 53% in the midday Asian trading hours on Friday, as Bitcoin and the crypto market tasted volatility for the first time in Q3 2025. According to market analysts, the spike is one of the highest short-term price hikes for the yield-bearing
Satoshi Nakamoto, the elusive founder of Bitcoin, may now be richer than Dell Technologies CEO Michael Dell, data from Arkham Intelligence and Forbes suggest. With Bitcoin hovering around $118,000, the value of Satoshi Nakamoto’s estimated 1.1 million BTC now exceeds $129 billion, eclipsing the net worth of Dell founder Michael Dell, who sits at roughly
Legendary former NBA player Scottie Pippen, known for his talks to Satoshi Nakamoto in his dreams, is celebrating the new Bitcoin historic peak and he expects the whole crypto market to continue rising. He calls on top cryptocurrencies, including Bitcoin and some meme coins, to go higher. “Send everything higher”: BTC, ETH, SHIB, DOGE, XRP
Story Highlights Bitcoin Hits $118.4K After S&P Surge: Analyst Kevin Svenson links BTC’s breakout to S&P 500’s record, predicting a parabolic rally. Next Stop $150K? Svenson sees Bitcoin targeting $120.5K soon, then rallying toward $140K–$150K as momentum builds. Bitcoin has just smashed a new all-time high of $118,397.8, rising 6.5% in the last 24 hours,
Bitcoin (BTC) and Nvidia (NASDAQ: NVDA) both reached historic milestones on July 9, underscoring the growing overlap between crypto and traditional equity markets in terms of investor interest, liquidity, and daily trading activity. According to Finbold research, Bitcoin’s 30-day average daily trading volume stood at approximately $61.66 billion, based on CoinMarketCap’s reported $1.85 trillion in
Bitcoin BTC$117,987.11 blew past $118,000, resulting in the biggest bloodbath of the year for leveraged bears. In the past 24 hours, over $1.13 billion in positions were liquidated, with a staggering $1.01 billion of that coming from short sellers, marking the largest short-side wipeout of 2025 so far.Open interest on BTC-tracked futures rose $2 billion
Investors are steadily withdrawing their Bitcoin holdings from centralized exchanges, with reserves dropping by more than 360,000 BTC since January 2025. The current balance sits at approximately 2.4 million BTC, according to new data from CryptoQuant. This trend, which picked up momentum after the price of Bitcoin crossed $96,900 earlier this year, signals a major