Goldman Sachs has agreed to acquire Neos Investments for up to $2.25 billion, a deal that will add three Bitcoin and Ethereum options-income ETFs managing more than $1.1 billion combined to its asset management business.
BTC ignores soft CPI as bottom and short-squeeze signals face a reality check.
In a major expansion of its cryptocurrency investment offerings, Goldman Sachs has entered into an agreement to acquire NEOS Investments for as much as $2.25 billion. This transaction provides the investment banking powerhouse with immediate entry into the rapidly expanding crypto and options-focused ETF sector.
Bitcoin slipped beneath the $63,500 threshold on Wednesday following the release of US inflation statistics that perfectly matched economist projections, leaving traders without a catalyst for upward momentum.
Metaplanet CEO dismisses bitcoin sale rumors, confirms 43,000 BTC holdings
Coinbase, Block, BitGo and dozens of others signed a letter arguing that safety guardrails on frontier models are blocking legitimate security work while adversaries face no such limits.
Metaplanet says no Bitcoin was sold after moving 5,014 BTC worth $322 million between custodial addresses, with holdings unchanged at 43,000 BTC.
Metaplanet CEO Simon Gerovich said no Bitcoin was sold after the company moved 5,014 BTC between custodial addresses for about $8 in fees.
An in-line inflation print removed a tail risk but gave BTC little reason to rally, leaving Jackson Hole, jobs data and the next CPI release as the market's next catalysts.
The Bitcoin long-term holder stress was rising, but has not yet reached previous cycle depths.
Coldcard lost 130 million dollars to hackers who knew where to look. But the real shocking figure lies elsewhere: 15 billion dollars in bitcoin fled in a rush to safer wallets.
Japans recovery from its decades-long economic slump could have major consequences for Bitcoin and global risk markets. After the countrys asset bubble collapsed in the early 1990s, the Bank of Japan (BOJ) kept interest rates near zero from 1999 and eventually introduced negative rates in 2016.