At press time, apxUSD traded at $0.96, below its $1 peg. Source: Coingecko The full interview with Saylor will be available on Cointelegraph’s YouTube channel in the coming days. Magazine: Bitcoin ETFs bleed $1B, Aave’s $71M ETH unfreeze bid delayed: Hodler’s Digest, May 10 – 16 Source
Brian Armstrong Reaffirms Bullish Bitcoin Outlook and Long-Term Position Coinbase Global Inc. (Nasdaq: COIN) CEO Brian Armstrong reaffirmed his bitcoin stance in an X post, writing that he remains long the crypto asset and continues to hold a bullish view. His comments accompanied a video he shared discussing bitcoin’s role, market cycles, and his expectation […]
Bitcoin $BTC$62,575.01 traders are scrambling to position for a deeper selloff, snapping up put options that would deliver big payouts if prices slide all the way down to $52,000 in the coming weeks. In the past 24 to 48 hours, crypto exchange Deribit saw heavy buying of short- and near-dated put options, spanning expirations from […]
Bitcoin’s Rebound Leaves Recent Buyers Under Pressure Bitcoin has stabilized after a sharp selloff that coincided with rising geopolitical tensions and a broad retreat in risk assets. The recovery has eased some of the market stress seen earlier this month, yet blockchain data suggests investors are still navigating conditions historically associated with bear markets. On-chain […]
Bitcoin has fallen nearly 3% toward $63,000 after stronger-than-expected U.S. labor market data reinforced the Federal Reserve’s hawkish outlook and reduced expectations for short-term rate cuts. According to U.S. Department of Labor data, initial jobless claims fell to 226,000 for the week ended June 13, down from a revised 230,000 in the prior week. The […]
Changpeng Zhao (CZ), the founder of Binance, the world’s largest cryptocurrency exchange, made striking statements on a number of critical issues, ranging from Bitcoin cycles and global regulations to the threats of artificial intelligence (AI) and the future of quantum computing, during his appearance on the Galaxy Brains podcast. Evaluating the current state of the […]
Strategy (formerly MicroStrategy), the world’s largest institutional Bitcoin holder, caused a major stir in the cryptocurrency markets with its recent Bitcoin sale. The company’s decision to sell only 32 Bitcoin (worth approximately $2.5 million) has raised questions among investors about whether the company’s strategy is faltering. Speaking on the matter, Strategy CEO Phong Le shared […]
Bitcoin fell below the $63,000 level due to strong selling pressure, indicating weakening risk appetite in the cryptocurrency market. According to the latest data, the price of Bitcoin dropped to $62,644, losing over 5% in value in the last 24 hours. A graph showing the drop in BTC price. The market downturn wasn’t limited to […]
Capital B shareholders have approved a financing framework that authorizes up to €5 billion (~$5.36 billion) in capital increases and €100 billion (~$107.15 billion) in credit instruments to support the company’s Bitcoin treasury strategy. Capital B said in a June 17 press release that shareholders approved all resolutions presented at the company’s Annual Ordinary and […]