Bitcoin bounced to around $62,000 even as May CPI hit a 3-year high of 4.2%, but CryptoQuant says the realized-price floor near $53,600 hasn't been tested and the $250 billion SpaceX IPO could drain more crypto liquidity.
Canadian citizen Trenton Richard Johnston has pleaded guilty to conspiracy to commit money laundering for his role in a crypto fraud scheme that stole more than $13 million through social engineering attacks.
BlackRock filed a likely-final S-1 amendment for its iShares Bitcoin Premium Income ETF (BITA), a covered-call product with a 65bps fee, as it races Goldman Sachs to launch the first major yield-paying Bitcoin ETF.
Fold Holdings recently sold $45 million in bitcoin and used the proceeds to pay off $20 million in bitcoin-collateralized loans. Debt Elimination and Liquidity Boost The Nasdaq-listed bitcoin financial services company, Fold, disclosed that it monetized approximately $45 million of bitcoin at an average price of about $71,000 per bitcoin.
Bitcoin is approaching a deadline that could turn one of its longest-running arguments into the network's most serious governance fight in years. At the center of the dispute is Bitcoin Improvement Proposal 110 (BIP-110), a proposed change that would restrict the amount of non-financial data that can be included in Bitcoin transactions.
Kevin O'Leary says Bitcoin's next catalyst is regulation as institutions wait for clear rules before entering digital assets at scale soon
Konstantin Chaykin's Joker and one-off Bitcoin pieces have made him a cult independent in crypto horology.
The iShares Bitcoin Premium Income ETF makes money by selling call options on BlackRock's own IBIT.
BTC hovers near $62K as ETF drawdown hits $10.5B and 200WMA support is tested
Bitwise Chief Investment Officer Matt Hougan said financial advisors are showing growing interest in stablecoins and tokenization.
Japan's crypto tax reform could boost mainstream adoption and investment, but may challenge smaller exchanges with increased compliance demands. Japan set to cut Bitcoin tax rate to 20% as parliament passes landmark crypto legislation.
Fold Holdings' strategic debt repayment and capital management boost investor confidence, highlighting a shift towards financial prudence over asset accumulation. Fold Holdings sells 633.8 Bitcoin to repay $20M debt, shares surge over 160%.