German gov’t missed out on $2.3B profit after selling Bitcoin at $57K
The German government missed out on more than $2 billion worth of Bitcoin profit after selling its holdings in 2024, according to blockchain intelligence firm Arkham. A “German Government (BKA)” labeled cryptocurrency wallet sold 49,858 Bitcoin (BTC) worth over $2.89 billion at an average price of $57,900 across multiple...
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Bitcoin To Hit $500,000 By 2028, Standard Chartered Says, As ETFs Buy $667M On Monday
U.S. spot Bitcoin (CRYPTO: BTC) exchange-traded funds recorded $667.44 million in net inflows on May 19, marking the fourth consecutive day of positive momentum. Meanwhile, Ethereum (CRYPTO: ETH) ETFs also saw modest gains, with $13.66 million in net inflows and no redemptions across all nine listed products, according to...
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Ethereum price breakout in sight: Golden Cross could ignite rally to $4,000
Ethereum is on the verge of confirming a powerful golden cross, implying a breakout toward $4,000 appears increasingly likely. Ethereum (ETH) is approaching a potential breakout as it edges closer to forming a golden cross, a classic technical indicator that…...
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Strategy’s STRK Hits Record Proceeds, Has Outperformed Bitcoin, S&P 500 Since Debut
Disclaimer: The analyst who wrote this report owns shares of Strategy (MSTR). Strategy’s (MSTR) perpetual preferred stock, STRK, achieved the largest proceeds from its weekly at-the-market (ATM) issuance since the program started in February, according to X account DogCandles, raising $59.7 million that was used to buy more bitcoin...
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Kraken Rolls Out Regulated Crypto Derivatives in Europe
Kraken is rolling out regulated crypto derivatives trading in Europe, compliant with the European Union’s Markets in Financial Instruments Directive (MiFID II). The crypto exchange’s perpetual and fixed maturity futures contracts will now be available for retail and institutional customers in the European Economic Area (EEA), the firm said...
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‘Double Your BDAG’ offer ends in 24h: Last shot to multiply before it’s gone
BlockDAG’s limited-time bonus lets early backers double their BDAG holdings for half the cost, with just 24 hours left before the June 13 exchange reveal. #partnercontent...
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Binance, CZ, filed to dismiss $1.76b lawsuit by FTX bankruptcy team
Binance and CZ fire back against FTX’s lawsuit, stating that they had nothing to do with its collapse....
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5 Bullish and 2 Bearish Indicators for Bitcoin as BTC Price Approaches ATH Levels
Just a month and a half ago, this article would have made no sense when BTC’s price tumbled below $75,000 and the main speculations within the community turned on whether the bull run had abruptly ended. Yesterday, bitcoin’s price stood at $30,000 higher, and it came just 2% away...
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Senator Hagerty Says Stablecoin Issuers May Surpass Foreign Governments In US Treasury Holdings
U.S. Senator Bill Hagerty (R-TN) said stablecoin issuers could become the largest holders of U.S. Treasuries globally by the end of the decade, citing projections from Citibank. What Happened: Speaking in an interview with CNBC on Monday, Hagerty emphasized the role stablecoins play in transforming the payments landscape while...
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Strategy Buys Another 7,390 Bitcoin: How Much Profit Is The Firm Holding Now?
Strategy has just announced its brand new Bitcoin purchase. Here’s how the profit-loss situation of the firm’s holdings looks now. Strategy Has Made A New Bitcoin Acquisition Worth $764 Million In a new post on X, Strategy Chairman Michael Saylor has shared the announcement related to the latest Bitcoin...
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