Strategy, the world’s largest corporate holder of Bitcoin, stopped accumulating the asset last week, as it made $140 million in dividend payments, according to a press release. That was the first time that the Tysons Corner, Virginia-based firm, which owns 640,000 Bitcoin, put its Bitcoin-buying activity on pause since the end of July. On Monday,
The Bitcoin BTC$124,901.48 options market has grown so large and so structurally diverse that it is now influencing the price of bitcoin itself, according to a report by trading firm FalconX. Open interest in BTC options has swelled to nearly $80 billion, up from around $8 billion at the start of the year, putting it
Strategy Inc. co-founder and executive chairman Michael Saylor said Monday that the company had a massive $3.9 billion fair value gain on its Bitcoin holdings during the third quarter of the year. On Saturday, Bitcoin (BTC) reached a new all-time high of $125,000 as exchange balances plunged to six-year lows. Saylor’s Strategy, a company known
Various optimistic forecasts about the price of Bitcoin are starting to circulate. However, it is necessary to make a couple of important clarifications to avoid excess enthusiasm that could mislead investors’ operational decisions. The situation indeed appears rosy because it probably is, but it is not certain that the current scenario is destined to last
Japanese public company Remixpoint has continued its aggressive accumulation of Bitcoin. It purchased an additional 18.54 BTC. This brings the company total holdings to 1,368.8 BTC. It is currently valued at approximately $169.7 million. Remixpoint now ranks 41st among global Bitcoin holders. Which reflects its growing significance in the crypto landscape. JUST IN: Japanese public
Advanced Micro Devices (NASDAQ: AMD) shares erupted higher in pre-market on Monday after OpenAI confirmed a multi-gigawatt GPU supply deal that could generate over $100 billion in revenue for the chipmaker in just the next four years. At its peak, the stock spiked more than 26% intraday, one of the sharpest single-day moves in AMD’s
CryptoQuant data indicates that Bitcoin whale selling pressure began to shift in October. On-chain analysis revealed the 30-day percentage change in the amount of Bitcoin held by whales, where the negative values indicate that whales have been creating selling pressure. On-chain analyst Burak Kesmeci also noted that there has been a decline in whale balances
BlackRock, the world’s largest asset manager, is preparing to launch its much-anticipated Bitcoin ETP in the UK within days. The iShares Bitcoin ETP is set to list on or after October 8, marking a major step for Bitcoin investment in one of the world’s key financial markets. This move signals a new era of accessibility
Galaxy Digital, a crypto investment firm founded by former Fortress Investment Group president Michael Novogratz, is launching the GalaxyOne platform, offering exposure to both crypto and traditional finance (TradFi) markets. Galaxy Digital has launched GalaxyOne, a platform combining exposure to yields on fiat cash with trading cryptocurrencies and equities, the company announced on Monday. Targeting
CratD2C SmartChain is set to blend blockchain, artificial intelligence (AI), and the Internet of Things (IoT) to revolutionize the future of decentralized solutions. This initiative aims to set the stage for new standards in digital innovation. CratD2C SmartChain presents itself as a Layer-1 blockchain platform striving to build transparent and efficient systems around various industries.