Bitcoin Recovers on Lower CPI
Bitcoin is rising to $89k with stocks green today as Nasdaq gains 1.5% pre market with SPY up 0.8% following the release of the Consumer Price Index (CPI) inflation.
Bitcoin Rises on Red QQQ
Bitcoin is up today, regaining $90,000 after a drop to $86,000 on Tuesday despite stocks being slightly down with QQQ at -0.3%.
Pet Wellness Company Comes to Bitcoin and Ethereum DATs
A pet wellness penny stock, SRXH, has entered into an agreement to buy out EMJX, making it go public as a digital assets treasury (DAT) company.
HashKey Crypt Exchange Debuts at $2.4 Billion
HashKey has become the first crypto entity to publicly trade in Asia with its stock price opening just above HK$7 to close at HK$6.67.
RedotPay, Crypto to TradFi App Raises $107 million
RedotPay, an app that lets you send cryptos like USDc to bank accounts, has raised $107 million in a Series B round.
ETFs Sold $500 Million Bitcoin and ETH
The US bitcoin ETFs saw their biggest outflows in nearly a month on Monday (since November 20) with $357 million worth of bitcoin sold.
Bitcoin and Stocks Fall to Open the Week
Bitcoin has fallen below $88k as of writing with QQQ also turning slightly red after futures suggested green in a packed week with both...
Bitcoin's Hashrate Dives as 400,000 Miners Taken Out in Xinjiang
Bitcoin's hashrate has fallen by more than 10% from 1.08 zetahash a second to 887 exahashes as authorities in China have cracked down on miners in Xinjiang...
BitMine Buys $300 Million ETH
BitMine Immersion Technologies (BMNR) has bought more than 100,000 eth, worth over $300 million, last week according to a statement.
MicroStrategy Buys Another $1 Billion Bitcoin
MicroStrategy bought 10,645 BTC last week for around $980 million at an average price of $92,098 per bitcoin, slightly higher than the current price of $89.5k.
Chinese Car Manufacturer Buys $400 Million Edge AI Tokens, Changes Name
Chijet Motor Company, an electric vehicles car manufacturer in China publicly trading on Nasdaq under CJET, has bought $400 million worth of a newly issued token.
Banks Can Now Act as a Crypto Broker Says OCC
The Office of the Comptroller of the Currency (OCC), which has oversight over banks, has issued an interpretative letter that allows banks to act as a broker for crypto assets.
Bitcoin Cares About Oracle Now?
Nvidia won the day, but can Oracle, and what's it got to do with bitcoin anyway? Those are some of the questions for today, in addition to: do we largely know what Jerome Powell will say?
Crypto Enters Murky Politics
The apolitical money, bitcoin, was arguably never outside of politics as such, but now might be zooming into football politics in some corners.
Robinhood Acquires a No Name Crypto Exchange in Indonesia
Robinhood has bought what looks like a shelf crypto exchange based in Indonesia as the broker prepares to enter what is primarily a locally dominated market.
Bitcoin Recovers as Stocks Gain
Bitcoin is up for the day above $90k after a dip to $84k following much speculation that MicroStrategy...
Bitcoin Stabilizes Ahead of Thanksgiving
Bitcoin's volatility has fallen recently and a lot more covered in this news of news section ahead of Thanksgiving tomorrow.
Nvidia Falls on Google Rivalry, Are Asics the New GPU?
Nvidia is down more than 6% today to $170, its lowest level since September, after reports that Meta is in talks with Google to spend billions on its TPU AI chips.
BitMine ETH Holdings Are Now at a Loss
Bitmine (BMNR) has become the second biggest Digital Assets Treasury (DAT) company, holding 3% of eth's entire supply with 69,822 eth added last week to bring it to a total of 3,629,701 eth.
The Tom Lee 'Glitch', What Happened?
Tom Lee of Fundstrat Global Advisors and BitMine Immersion Technologies claimed in a recent CNBC interview that the recent market rout is due to a glitch on defi.
Bitcoin Hovers at $83k Ahead of Thanksgiving
The green jump in stocks during some parts of Friday trading did not reflect on bitcoin which hovered, and continues to hover, around the low $80,000s.
Treasury Secretary Scott Bessent Attends Bitcoin PubKey Bar Opening
The US Treasury Secretary Scott Bessent made a surprise visit to the opening of a bitcoin pub, PubKey, in Washington DC on Thursday.
Bitcoin Unimpressed by Nvidia
Shovel sales break record during peak gold rush is the equivalent of current headlines going around with Nvidia apparently 'canceling' fears of an AI bubble.
Rumoured Insider Bets on Polymarket Google Gemini Release
For two weeks, an ethereum account has been buying some $78,000 yes votes on Polymarket, betting that Google's Gemini 3.0 will be released this November.
Bitcoin Falls to $93k as Market Red Continues
Bitcoin is currently trading at just above $93,000, down to its lowest level since April, with most assets being red today, including gold which is down by 0.65%.
Repo Rates Decouple From Fed
Is something going down deep in the pipelines? Ever since repo borrowing suddenly spiked this month, that's the question some have been asking.
Bitcoin and Stocks Ease Gains as CoreWeave Dives
Stock futures have turned red with Nasdaq expected to open down by 0.5% while bitcoin has fallen from a brief touch of $107k to $104k.
Bitcoin Recovers as Stocks Green
Bitcoin has recovered from a brief dip below $100k to currently trade at $105k as QQQ gains 1.9% while SPY rises 1.2%.
Zohran Mamdani Wins New York
The democratic socialists have taken over the richest city on earth in an energizing campaign that wrecked havoc in the opposition to the point Donald Trump endorsed a democrat, Andrew Cuomo.
Bitcoin Falls, Stocks Go Red on AI Bubble Worries
Bitcoin and stocks are down as bank CEO warn of a potential correction amid concerns that AI is in a bubble.
GME Shortseller Turns on Anson as Tradfi Dirt Spills Out
The hedgies got done, but now four years on court drama has began with Andrew Left of Citron Research, who lost 100% shorting GME during the squeeze, blaming Anson Funds for what SEC and DOJ allege are dirty dealings.
Brian Armstrong Plays PolyMarket Word Game
Coinbase's CEO Brian Armstrong has gone meta on the Polymarket prediction bets guessing what Coinbase will say on their next earnings call.
The Bitcoin ETFs Sold the Dip
The US bitcoin ETFs saw outflows of $470 million on Wednesday while bitcoin's price fell from $113k to currently trade at $108k.
The Magic Seven Are Now Worth More Than the GDP of the Entire EU
Nvidia, Microsoft, Apple, Google, Amazon and Facebook are now worth a combined $20 trillion, more than the GDP of the entire European Union which is currently at $19.4 trillion.
Circle Launches Its Own Blockchain Testnet
Circle, the issuer of the USDC stablecoin with a market cap of $67 billion, announced today that the testnet for its new Arc blockchain is live.
Bitcoin Rises, Stocks Green as the Glorious Bull Run Continues
Bitcoin is back to $115k from as low as $103k earlier this month with the cryptocurrency gaining due to the return of a more risk on investment environment.
Coinbase Back Up After AWS Outage
Coinbase was unreachable earlier today after an outage at AWS, with numerous other websites, like Reddit, Snapchat, banking apps, and even the British national rail website, affected.
TeraWulf to Sell $3.2 Billion in Bonds
TeraWulf, the bitcoin miner and high-performance computing AI provider has announced plans to offer $3.2 billion in 7.750% senior secured notes due 2030.
Banks Bring Down Bitcoin and Stocks
Bitcoin has dived below $105k while QQQ futures are down 1.4% on jitters in the US banking sector following auto bankruptcies.
BlackRock Transfers Out $1 Billion Bitcoin
The BlackRock IBIT onchain bitcoin address has made 30 transfers of 300 bitcoin each around midnight UTC after the market closed.
Bitcoin Stocks Moon
Bitcoin mining stocks have reached the stratosphere with crazy gains over the past six months even while bitcoin makes a new all time high by just 0.3%.
Revolution Takes The Air
A South Asian spring is bringing down governments as the left starts to rise in prominence with a fresh new narrative.
Bitcoin Dives Again on Shaky Markets
Bitcoin has returned to near the Friday low levels, trading at $110k at one point today with it currently trading near $111k in pre-market opening.
Morgan Stanley Recommends 4% in Bitcoin for "Opportunistic Growth"
Morgan Stanley, one of the biggest bank in the world, is warming up to cryptocurrencies and bitcoin in particular with a new Global Investment Committee (GIC) advisory recommending that as much as 4% should be allocated to bitcoin in an investment portfolio.
Bitcoin Recovers After Big Dip
Bitcoin has gained in pre-market, rising to $115,000 after a brief dive to $107k on Friday with market sentiment somewhat improving for now.
Take Your Bets: Dip vs Crash vs Controlled Bubble Pop
Are we seeing a dip, the beginning of a crash, or a concentrated and controlled bubble top? That's probably the question in everyone's mind ahead of Monday opening.
Goldman Sachs Issues Bitcoin Linked Bonds
Goldman Sachs, one of the biggest bank in the world with $2 trillion in assets under management, has become the first to issue bitcoin linked bonds.
Circular Funding Raises Concerns of AI Bubble
Nvidia is up more than 10% this month, increasing its market cap by some $500 billion to $4.5 trillion, in part because it announced a $100 billion investment in OpenAI late last month.
Markets on Suspense Ahead of the Government Shutdown
It's that time of the year when we get to learn some new Congressional names and get reminded of the quirks in the constitutional checks and balances.
The Crypto Revolution is Bypassing the East, Now Russia Reveals Why
Comments by Putin's advisor earlier this month suggest a Russian establishment bias against crypto, or maybe it's a sign inflation is increasing its appeal.
Stocks Set For The Longest Winning Streak Since 2017
Nasdaq and other major stock indexes have seen their best September yet, up more than 5% for QQQ as it enters its sixth month of green.
Trump's Visa Ditch Dips Bitcoin
First they came for the muslims. Then, the southern border, followed by seasonal workers. Now it's high skilled workers.
Britain Risks a Fiscal Crisis Says Think Tank
1976 is not a notable year for the younger generations in Britain, but we might face a repeat says an 'older' center right economist.
Jack Ma Returns
"Technology isn’t just about conquering the stars and the oceans, it’s about preserving the spark in all of us."
The Crypto Market Cap Crosses $4 Trillion
The market cap of all cryptocurrencies combined has risen above $4 trillion, a 30% increase from its previous all time high of $3 trillion in 2021.
Kazakh President Proposes a "State Fund of Digital Assets"
"It is advisable to create a State Fund of Digital Assets on the basis of the National Bank's Investment Corporation," the president of Kazakhstan Kassym-Jomart Tokayev said in an address to parliament on Monday.
Crypto and Tech Start Preparing For the Midterms
The midterms are months away, but for slow clogs they may well have begun, with a trade group founded by Google, Amazon, Meta, as well as participants like Coinbase and Andreessen Horowitz, announcing a new project to reach out to Democrats.
Is MicroStrategy Technically Bankrupt?
DAT, or digital asset treasury, is a new word to enter the crypto lexicon as a new category gains size with its current poster boy being MicroStrategy.
Public Companies Plan to Add $700 Million Bitcoin and Ethereum
Hong Kong, South Africa, Europe, and others we may have missed, have announced plans to buy more than $700 million bitcoin for treasury reserves.
Crunch Time For Crypto
As we enter the fourth quarter of the second year of the bull, a time when the crypto market usually rises significantly and also starts to crash into a bear market, investors are facing the most difficult time to make decisions.
Consensys' Linea Prepares for Token Airdrop
Linea, the ethereum L2 by Consensys, is airdropping more than 9 billion tokens to 750 addresses with it opening the eligibility checker.
Ondo Finance Tokenizes 100 US Stocks
The ethereum based defi platform Ondo Finance has announced the tokenization of more than 100 US stocks, stating:
Bitcoin Treasuries Surpass German US Bond Holdings
Publicly traded companies across the world now hold more in bitcoin than Germany holds in US Treasuries for the first time.
Trump's WLFI Nears Circle in Full Market Cap
The newly launched Trump affiliated WLFI token by World Liberty Financial is trading at a fully diluted market cap of $25 billion, not far off from Circle's market cap of $33 billion.
Chinese Whale Sells $1 Billion in Bitcoin to Buy ETH
A bitcoin address that at one point held 85,000 bitcoin seven years ago has liquidated 10,000 BTC, worth $1.1 billion, to buy ethereum.
Bitcoin and Stocks Rise on Tariff Day
Bitcoin has jumped 2% over the past 24 hours after a somewhat volatile week with ethereum rising 5% while stock futures suggest up for Nasdaq at 0.7%.
Bitcoin and Stocks Fall on New Trump Tariffs
Stocks Fall on EU-US Trade Deal
European stocks are down today with Germany's GDAX falling 0.7%, the French CAC by 0.2% while the British FTSE is down 0.5%.
Is $120k the Bitcoin Top?
Bitcoin dipping after touching $120k while ethereum stays stable has many investors wondering: is this just a dip or the beginning of a bear market?
The Ethereum Foundation Looks for a Defi Specialist
The Ethereum Foundation (EF) is on the lookout for a Web3 DeFi Specialist, presumably to manage a new strategy of using some of its assets in defi opportunities.
Bitcoin Dips on Whale Cashout
Bitcoin fell to $115,000 overnight, from $119,000, on no apparent news except an old bitcoin miner is cashing out.
The End of Free Trade, Has Anyone Told Stocks?
Slowly, Trump continues to implement his tariffs agenda, with Japan being the latest country to get a 15% new tax on goods, a rate not far off from current corporate tax rates.
Bitcoin Eases While Stocks Gain
Bitcoin has been in an inverse correlation with stocks recently, rising to a new all time high while Nasdaq was mostly red due to renewed uncertainty from tariffs.
Robinhood Jumps 5% on Blockchain Stocks
Bitcoin Stablecoins While Stocks Cross All Time High
Bitcoin has retraced a brief rise to $108.8k, with it trading at around the same level for a month now, $107k, while stocks just about crossed all time high.
Banking Crisis Brewing in Russia Claims Report
Russia might be facing a banking crisis as soon as next year, potentially starting even next month according to reports.
Bitcoin Gets Stuck in a Sideway
If we ignore intra-trading volatility, bitcoin has been sidewaying for about six months now in seemingly a repeat of 2021.
Bitcoin's Hashrate Dropped 15% on Iran Strikes
Iran might currently be hosting around 15% of bitcoin's global hashrate as potentially revealed by the hash movements amid recent events.
Circle Crashes While Coinbase and Hood Rise
Circle's stock price is down 30% amid a sell-off following a sharp rise of more than 10x as it touched $300 to now trade at around $200.
Is America Going Left?
Until now, no one had time to think about what happened during Trump's first term and whether we should expect it again, but the likely nomination of Zohran Mamdani...
Bitcoin Recovers as Markets Shrug Off Iran Strikes
Bitcoin is up from the low of $98k it reached on Sunday, trading at $101k currently, though still down from the $104k prior to the strikes.
Circle 10x-es, Gains 20% on Stablecoins Bill
Circle is mooning. The USDc stablecoin issuer is up another 20% today, gaining $40 to just above $240 in a new all time high.
Bitcoin Rises on Iran Talks
Crossover Markets Expands to U.S. to Meet Institutional Demand
Crossover Markets, the institutional digital asset trading technology firm, today announced that it has expanded its global footprint to support U.S.-domiciled institutions,
BlackRock Buys $600 Million Bitcoin Amid Iran Tensions
Retail has been selling with Fidelity seeing $200 million in outflows on Tuesday, and around the same amount for ARKB, but BlackRock bought $640 million.
NGO Used Donations to Buy Crypto
A Non-Governmental Organization (NGO) that was raising funds to build wells in Syria has instead bought crypto with the donations.
Justin Sun Strikes Deal For TronStrategy
"This time the big one is finally here," Tron's billionaire founder Justin Sun publicly said on news of a deal to MicroStrategy the Tron TRX token.
Bitcoin and Stocks Ignore Israel and Iran
Reports that Israel struck some oil fields in Iran, and even threats the Strait of Hormuz might be closed, are met with green in both bitcoin and stocks.
Bitcoin and Stocks Fall as Israel Attacks Iran
Bitcoin fell sharply overnight from $108k to $103k at one point, currently just under $105k, as Israel carried out around 100 strikes in Iran.
"I Was Fired" Says Peter Szilagyi
Peter Szilagyi, the former Geth maintainer who has been with the Ethereum Foundation since at least 2016 says he was fired back in November after finding out about a "secret second Geth team."
Societe Generale to Launch a Dollar Stablecoin on Ethereum and Solana
Societe Generale, the French banking giant with $1.5 trillion in assets under management, is issuing a dollar stablecoin through its integrated subsidiary Societe Generale-FORGE (SG-FORGE).
Bitcoin Falls, Stocks Turn Red on Israel-Iran
Bitcoin is down about 1.7% today, from $109k to $107k, with stock futures also red by 0.4% while oil rises from $66 to currently $68.5 per barrel.
Bitcoin Dips as it Nears All Time High, Stocks Gain
Bitcoin is slightly down today from a high above $110.5k with it currently trading just under $109k while US ETFs return to inflows with $386 million for Monday.
Bitcoin Touches $108k as QQQ Greens On
Bitcoin rose sharply as trading opened in Europe this morning, touching $108k from $105k with it currently trading at $107.5k, keeping the gains so far.
FCA to Lift Ban on Crypto ETFs
UK's Financial Conducts Authority (FCA) is to lift a ban on crypto related exchange trading products (ETNs) according to a statement.
Stocks Continue May Rally, Bitcoin Steady
The Nasdaq stock index is up another 0.4% today as it continues its biggest rally since March 2020 with it gaining 10% over the past 30 days.
Global Tariffs Are Illegal Court Rules, Assets Gain
The U.S. Court of International Trade has found that Trump's imposition of a 10% global tariff rate exceeds his powers.
Bitcoin Dips Ahead of Futures Expiry
Trump buying, GameStop buying, even ethereans finally tapped into the stock printer through SharpLink Gaming, but bitcoin goes... a bit down instead?
FCA Seeks Further Views on Stablecoins and Crypto Custody
The Financial Conduct Authority (FCA) has published proposals for issuing stablecoins, crypto custody and financial resilience of cryptoasset firms, to support a safe, competitive sector.
GameStop Buys Half a Billion Bitcoin
The memes are uniting in finance with GameStop (GME) announcing they bought 4,710 bitcoin currently worth more than $500 million.