BlackRock and VanEck explain how leverage and ETF outflows fueled the Bitcoin crash, and why both firms stay constructive.
The post Wall Street Backed Bitcoin, Then Watched It Crash 50%, Two Reports Explain appeared first on BeInCrypto .
Bitcoin's price swings have hit a cycle low, squeezed by a market tug-of-war with no clear winner. The traders who once lived off its chaos have taken their risk appetite elsewhere.
Bitcoin Magazine
Bitcoin Is Down but Asset’s Role as Global Monetary Alternative Remains, Says Blackrock
The price of Bitcoin has taken a hit this year, but its investment thesis hasn't changed, BlackRock has said.
This post Bitcoin Is Down but Asset’s Role as Global Monetary Alternative Remains, Says Blackrock first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
Bitcoin tests $65,000 as BlackRock backs a 1-2% allocation and Citi readies bitcoin custody on its Custody+ platform.
The post Bitcoin Tests $65,000: Will BlackRock and Citi Fuel the Next Rally? appeared first on BeInCrypto .
Bitcoin Magazine
Hunting Down the Coldcard Hacker. Wave 1 Thief May Be Known to FBI
Clay Garrett’s investigation matched the 1,082.65 BTC sweeps to a major data provider’s internal logs with “extraordinary specificity.” The coins remain unmoved.
This post Hunting Down the Coldcard Hacker. Wave 1 Thief May Be Known to FBI first appeared on Bitcoin Magazine and is written by Juan Galt .
Bitcoin Magazine
DMND Integrates Mempool Accelerator With Miner Revenue Sharing Using StratumV2
DMND announces Mempool Accelerator revenue sharing with miners powered by Stratum V2.
This post DMND Integrates Mempool Accelerator With Miner Revenue Sharing Using StratumV2 first appeared on Bitcoin Magazine and is written by Shinobi .
Intesa Sanpaolo, Italy’s largest bank, disclosed a $966.42 million stake in SpaceX just weeks after slashing its exposure to BlackRock’s Bitcoin ETF. The shift marks a clear pivot from direct crypto exposure toward an indirect bet through traditional equities. SpaceX Stock Gets Confidence from Banks According to the filing submitted on August 4, Intesa acquired
The post Italy’s Largest Bank Switched From Bitcoin to SpaceX Stock appeared first on BeInCrypto .
Bitcoin Magazine
Citi to Debut Bitcoin Custody for Institutional Investors
The bank's new Custody+ service will allow institutional investors to hold Bitcoin alongside other assets on one platform.
This post Citi to Debut Bitcoin Custody for Institutional Investors first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
U.S. President Donald Trump has provided an update on the U.S.-Iran war, stating that there are no ongoing talks with Iran. He also claimed that the Strait of Hormuz is open and operating despite Iran’s counterclaim. Bitcoin is up today even as uncertainty remains over the Hormuz Strait, with oil prices edging higher. Ad Ad
The post U.S.-Iran War Update: Trump Confirms No Talks With Iran Amid Strait of Hormuz Uncertainty appeared first on CoinGape .
Miners with AI and high-performance computing contracts have commanded higher valuations as declining bitcoin prices and hashprice squeeze pure-play operators.
Common-equity proceeds funded preferred dividends, buybacks and reserves while Strategy made no Bitcoin transactions.
The post Strategy raised $334 million from MSTR shareholders last week — Bitcoin got none of it appeared first on CryptoSlate .
Wall Street’s tech-heavy indexes faced renewed pressure Tuesday as long-term Treasury yields surged, while Bitcoin remained comparatively stable around $64,000.
Asia’s largest Bitcoin treasury firm Metaplanet to invest 2,100 BTC in Super League Enterprise (NASDAQ: SLE), taking a 95.7% stake and turning it into US Bitcoin treasury Superplanet. Stock price jumped as traders responded immediately to the announcement. Ad Ad Metaplanet Announces Superplanet Bitcoin Treasury Subsidiary Japan-listed Metaplanet has announced a major expansion into the
The post BREAKING: Metaplanet Invests 2100 BTC to Launch US Bitcoin Treasury Superplanet appeared first on CoinGape .
Bitcoin remains trapped in a broad corrective structure, with the price currently near $64.3K after failing to reclaim several important resistance levels. The daily chart shows a persistent bearish trendline and weakening momentum, while the 4-hour structure suggests that the asset is compressing inside a narrowing range. Meanwhile, NUPL has fallen sharply from cycle-high territory, […]