JPMorgan filed to issue bitcoin-backed structured notes linked to BlackRock’s IBIT ETF, offering up to 1.5x leveraged returns and conditional principal protection for institutions. Summary Notes track BlackRock’s IBIT ETF, giving institutions indirect bitcoin exposure without holding the asset directly. Product offers up to 1.5x leveraged upside and as much as 16% returns if IBIT…
Crypto prices today saw modest gains in what the market views as the start of a recovery from November’s sharp pullback. Summary The crypto market is showing recovery, with Bitcoin above $90,000 and major altcoins gaining. Fed rate cut expectations, a technical reset, and global trade optimism lifted investor confidence. On-chain metrics indicate potential stabilization,…
After months of aggressive accumulation, market conditions are pushing Bitcoin treasury firms to sell. Summary Crypto treasury firms are preparing for a fire sale of their crypto assets Stocks of major treasury firms are trading below their digital asset holdings Sales of these assets could create a vicious cycle for the crypto market Digital asset…
U.S. spot Bitcoin ETFs have recorded their fourth consecutive week of net outflows in November, with $3.7 billion withdrawn so far. Will this continued exodus keep suppressing the price of the leading cryptocurrency as we head into December? Summary U.S. Bitcoin ETFs have shed $3.57 billion since the start of November. Bitcoin is down 31%…
Despite ongoing crypto market volatility, Metaplanet opted for a leveraged strategy for its latest Bitcoin acquisition. Summary Metaplanet is leveraging to acquire more Bitcoin, despite volatility The firm tapped an additional $130 million from its $500 million loan facility The Tokyo-listed firm recently announced a $135 million share offering Due to ongoing volatility in the…
Santiment reports Bitcoin BEP2 leads BSC development. Flux and BNB also post high GitHub activity. Top 10 projects cover DeFi, privacy, cloud, and wallets. Bitcoin BEP2 ranks highest in Binance Smart Chain developer activity, with Flux and BNB close behind. Santiment’s rankings focus on notable GitHub events, excluding vanity metrics for more accurate project tracking….
JPMorgan upgraded Cipher and CleanSpark, and cut targets for MARA, RIOT due to the increased risk of shareholder dilution. Summary JPMorgan cut targets for MARA and RIOT due to dilution of shares. Mining firms have up to 33% more shares than accounted for. Cipher and CleanSpark are in a strong position on disciplined issuance. Bitcoin…
Bitcoin’s price remains under intense pressure this month, having plunged 31% from its all-time high, as exchange-traded fund outflows jumped. Summary Anthony Pompliano believes that the Bitcoin price will rebound to a record high. He noted that the recent Bitcoin crash was a healthy reset. Potential catalysts are the Fear and Greed Index, healthy open…
President Trump officially announced the plan for a U.S. Strategic Bitcoin Reserve on March 6. Since then, the digital asset stockpile’s returns are now in the red, and no public accounting is in sight. Summary U.S. strategic crypto reserve is losing value as altcoins underperform There’s still no public accounting of how much crypto the…
November is set to be the worst month for crypto ETFs in their history, with Bitcoin ETFs seeing $3.5 billion in outflows. Summary So far in November, investors have pulled $3.5 billion from Bitcoin ETFs This figure is close to the previous record of $3.6 in February 2025 BlackRock’s IBIT fund leads with $2.2 billion…
