Bitcoin

TLDR Bitcoin (BTC) experienced a selloff over the weekend, trading around $58,500, down 4.8% in the last 24 hours. U.S.-listed Bitcoin ETFs recorded outflows of $89 million on Friday, while Ethereum ETFs saw $15.7 million […]

TLDR Core Scientific announced an expanded deal with CoreWeave worth $6.7 billion over 12 years. The company will provide an additional 112 megawatts of computing infrastructure to CoreWeave. Core Scientific’s shares rose by 18% following […]

The U.S. Securities and Exchange Commission (SEC) could greenlight options for several spot Bitcoin exchange-traded funds (ETFs), which were approved to trade in the US earlier this year, suggested Bloomberg ETF analyst James Seyffart. We […]

TLDR Bitcoin is approaching a “death cross,” where the 50-day simple moving average (SMA) crosses below the 200-day SMA. The death cross is often seen as a bearish signal, but historically it has not always […]

TLDR Institutions have been buying cryptocurrency following the recent market slump, according to data from FalconX. Bitcoin trading volume is almost three times higher than Ethereum’s among institutional investors. Various types of institutional investors, including […]

TLDR Former President Donald Trump reiterated his support for Bitcoin and cryptocurrency during a livestream interview with Adin Ross Trump urged the US government not to sell its crypto holdings, but instead focus on developing […]

TLDR BlackRock’s tokenized BUIDL fund has paid $7 million in dividends since March 2024 BUIDL’s monthly dividend payouts have increased each month, reaching $2.12 million in July The fund has attracted $500 million in capital […]

TLDR MicroStrategy reported a Q2 net loss of $123 million, an improvement from $137 million loss in Q2 2023 The company’s Bitcoin holdings increased to 226,500 BTC, worth approximately $14.7 billion at current prices MicroStrategy’s […]

TLDR Marathon Digital reported Q2 revenue of $145.1 million, missing analyst estimates of $157.9 million The company posted a net loss of $199 million, or $0.72 per share, compared to a $9 million loss in […]

TLDR Economist Paul Krugman criticized Donald Trump and JD Vance for supporting Bitcoin Trump suggested creating a “strategic Bitcoin stockpile” if elected president JD Vance, Trump’s VP pick, owns Bitcoin and has proposed crypto-friendly legislation […]