Bitcoin was trading near $63,500 when the markets were measured at 1:30 p.m. EDT on Wednesday afternoon on Aug. 12, 2026. Across six active markets on the leading prediction marketplaces, Polymarket and Kalshi, traders have wagered more than $120 million on where $BTC’s price could head next. Traders Price a Wide 2026 Range Polymarket’s biggest
BlackRock’s iShares Bitcoin Premium Income ETF (BITA) recorded $79,073 of realized gains and $265,776 of unrealized appreciation on written options in its first operating period, helping offset losses on its Bitcoin holdings and shares of the iShares Bitcoin Trust ETF (IBIT). BITA posted an $860,335 decrease in net assets from operations through June 30, its
Talk about the concentration of risk. The two largest publicly listed bitcoin $BTC$63,373.56 treasury firms alone are sitting on paper losses big enough to rival the market value of major cryptocurrencies with strong use cases. Early Thursday, Tokyo-listed Metaplanet (3350) revealed a paper loss of $1.5 billion on its 43,000 $BTC as of end-June. Last
As the leading cryptocurrency Bitcoin struggles to hold above $60,000, its adoption rate continues to rise. At this point, one analyst says that the adoption rate of $BTC will continue steadily, and that there are three main factors supporting this increase. Grayscale research head Zach Pandl published a report stating that despite recent pressure on
Mitsubishi UFJ Financial Group (MUFG) plans to use blockchain technology to offer faster settlement of Japanese government bond (JGB) transactions, in a move reminiscent of similar initiatives by banks in other countries. MUFG is preparing a proof-of-concept for onchain JGB transactions using the Canton network to expedite the settlement, which typically takes 1-3 days by
Brazil’s largest bitcoin $BTC$63,696.02 treasury firm, OranjeBTC, is preparing to list a monthly income exchange-traded fund (ETF) that would initially put 95% of its portfolio in Strategy’s (MSTR) preferred stock, STRC, and the rest in Strive’s (ASST) equivalent, SATA. STRC and SATA pay recurring U.S. dollar distributions. The companies’ bitcoin remains on their balance sheets
Japanese bitcoin treasury company Metaplanet (3350) unveiled a continuous bond issuance program, dubbed “BitBonds,” completing its first sale with four privately placed series worth about 200 million yen ($1.3 million). The Tokyo-listed company said the unsecured senior bonds mature in roughly three years and carry annual interest rates of 4% to 4.3%. Solicitation began in
In the cryptocurrency market, Bitcoin’s price movements have begun to resemble behavior seen in the final stages of past bear markets. According to crypto analyst Murphy, Bitcoin has struggled to sustainably break above $67,900, a significant technical resistance level, for the past two months. Murphy noted that this level is particularly critical for short-term investors.
U.S. spot Bitcoin exchange-traded funds (ETFs) recorded net outflows of approximately $61.1 million on Monday, Aug. 12, according to data from Farside Investors. The reversal came just one day after the funds posted net inflows, underscoring the volatile sentiment that continues to characterize the digital asset market. Daily Fund Flows: A Closer Look Fidelity’s FBTC
Metaplanet CEO Simon Gerovich has shut down speculation that the Japanese Bitcoin treasury company was selling its holdings. “This was a routine custody operation. No bitcoin was sold, and our holdings remain 43,000 $BTC,” Gerovich said Thursday. The company transferred 5,014 $BTC ($322 million) over a 24-hour span starting Wednesday. Gerovich said the network fees