The federal shutdown is almost over, but is Bitcoin heading toward its toughest liquidity test yet as funding pressures build across markets? Summary The U.S. federal shutdown nears resolution as markets rally, with investors expecting a return of key data and renewed economic clarity. Bitcoin and Ethereum rose with equities, though ETF outflows showed the…
CryptoQuant founder Ki Young Ju stated that sellers may soon dominate the market if buying pressure from Strategy and spot Bitcoin ETFs cool off, leading to price pressure. Summary CryptoQuant analysts revealed that Bitcoin whales have been cashing in on BTC holdings ever since the price hit $100,000. But strong buying from institutions like Strategy…
Bitcoin price is consolidating near $105,000 amid growing stablecoin liquidity, hinting at a quiet accumulation phase that could spark the next major move. Summary Bitcoin hovers around $105,000 as market liquidity keeps growing. Stablecoin reserves climb, hinting at fresh buying power. Technicals are neutral but momentum favors accumulation. Bitcoin is holding steady around $104,978 after…
Bitcoin miner CleanSpark has proposed raising $1 billion through a convertible bond offering to fund a share buyback and support its AI expansion efforts. Summary CleanSpark plans to raise $1.15 billion through convertible notes to fund a share buyback and expand its AI and data center operations. The company’s shares have fallen to $15.03 on…
Strive Inc. completed the initial public offering (IPO) of its Variable Rate Series A Perpetual Preferred Stock, or “SATA.” The company’s balance sheet now includes 7,525 Bitcoin, underpinning its long-term treasury strategy. Summary Strive listed SATA on Nasdaq, raising $160 million through a 2 million-share IPO. The company now holds 7,525 Bitcoin, including 1,567 BTC…
Hopes of a crypto bull run rose on Monday as Bitcoin and most altcoins jumped to their multi-week highs, following a senior Fed official’s call for more rate cuts. Summary The crypto market rally resumed on Monday as hopes of a government shutdown ending rose. Fed’s Mary Daly pushed for more interest rate cuts in…
Strategy, Michael Saylor’s company that is the world’s largest corporate holder of Bitcoin, has once again added to its haul, pushing it to nearly 642,000 BTC. Summary Strategy has purchased 487 bitcoin for $49.9 million. The company, led by Michael Saylor, now holds 641,692 BTC acquired for $47.54 billion. Strategy launched the sale of its…
U.S. spot Bitcoin exchange-traded funds recorded their third-largest weekly outflows since launch, with $1.22 billion in net redemptions. Summary US Bitcoin ETFs logged $1.22 billion in combined net outflows over the past week. On Friday, these funds recorded the largest single-day outflows since August, with over $555 million in outflows. Bitcoin’s price has started to…
Chinese scammer Zhimin Qian, who defrauded over 128,000 victims and stashed billions in Bitcoin, is expected to face more than a decade in prison. Summary Chinese scammer Zhimin Qian can face up to 14 years in prison for her role in a multi-billion-dollar Ponzi scheme in China. UK police seized more than 61,000 BTC from…
The crypto market is soaring today, with Bitcoin price rising past $106,000, down from this week’s low of $99,400, and the valuation of all tokens recovering back to $3.67 trillion. Summary Crypto markets surged back to over $3.67 trillion on Monday. Bullish macro developments are helping fuel today’s recovery. Over $260m in short positions were…
