Bitcoin fell below $65,000 as surging oil prices and higher Treasury yields triggered a broader retreat from risk assets. Data from CryptoSlate shows the largest cryptocurrency traded near $64,980 as Brent crude remained on track for a weekly gain of almost 10%. Oil settled 7% higher at $100.69 a barrel on July 23, its first […]
The post Bitcoin declines below $65,000 as Trump threatens Iran after tanker attacks send Oil above $100 appeared first on CryptoSlate .
BTC has dropped by roughly three grand after marking a local peak at $67,000. Strategy doesn't want to buy or sell, while a derivatives giant says goodbye.
Bitcoin Magazine
Democrats Push Back on GOP Ethics Text as Thune Doubts a Pre-Recess Clarity Vote
Senate Democrats have rejected the ethics provision in the latest Clarity Act draft in blunt terms, and Majority Leader John Thune cast doubt on Thursday that the crypto market-structure bill can pass before the August recess. “Whatever piece of s–t they sent back to us, that was not a serious effort,” Senator Ruben Gallego of […]
This post Democrats Push Back on GOP Ethics Text as Thune Doubts a Pre-Recess Clarity Vote first appeared on Bitcoin Magazine and is written by Micah Zimmerman .
Bitcoin mining pool Poolin Technology and its U.S. affiliates have filed for Chapter 11 bankruptcy in New Jersey to sell their remaining assets and liquidate operations. Debt and Affected Users Poolin Technology, once a dominant Bitcoin mining pool operator, has filed for Chapter 11 bankruptcy protection and is seeking court approval to sell its remaining […]
The signed offers equal 31.8% of wallet IOUs only in gross arithmetic, before estate boundaries, liens and bankruptcy costs.
The post Bitcoin mining giant Poolin files for bankruptcy owing 11,700 users $164 million appeared first on CryptoSlate .
Crypto prices are down today, July 24, as outflows to Bitcoin (BTC) ETFs, rising odds of a Fed rate hike, and another bankruptcy filing caused $280 million in market liquidations. Ad Ad Top Crypto Market Movers Solana is the biggest loser among the top ten largest cryptos by market cap with a 2.83% drop, followed
The post Crypto Market Brief July 24: $280M Liquidations, BTC ETF Outflows, $1.4B Options Expiry and a Bankruptcy Filing appeared first on CoinGape .
Poolin, once the world’s largest Bitcoin mining pool, filed for Chapter 11 bankruptcy protection on July 22 in New Jersey. The petition lists liabilities between $100 million and $500 million against assets of no more than $10 million. The Singapore-based company wants a court-supervised sale of its West Texas sites rather than a reorganization. A
The post World’s Former Top Bitcoin Mining Pool Poolin Files Chapter 11 appeared first on BeInCrypto .
Bitcoin's $70,000 and $72,000 call strikes on Deribit have accumulated nearly $5 billion in open interest, with calls outnumbering puts by a significant margin.
BTC held just under $65,000 and crypto broadly rose on Friday even as Brent crude surged to $97.66, its highest since May, as the Iran conflict persists and traditional markets stay muted.
Falling share prices, debt obligations and difficult market conditions are forcing former bitcoin accumulators to sell their holdings and restructure operations.
The convertible notes, preferred shares, and credit facilities that financed a large share of corporate Bitcoin holdings carry maturities, redemption windows, and dividend dates that determine when a company might need to sell. Matthew Sigel, VanEck's head of digital assets research, shared a list of corporate Bitcoin treasuries that maps who ranks above the coins […]
The post The debt clock ticking inside corporate Bitcoin treasuries could force billions back onto the market appeared first on CryptoSlate .
