Goldman's '40 Act filing reveals a client-driven push into structured Bitcoin income products
Bitcoin mining operations in the US are absorbing a 47 percent increase in deployment costs after Section 232 tariffs on steel, aluminum, and copper stacked on top of an existing 21.
Strategy's STRC records $1.1B trading volume as the firm funds fresh bitcoin purchases and expands holdings to 780,897 BTC.
The bitcoin price surged more than 5 percent Tuesday morning to touch $74,901 before settling around $74,400, its highest level since March 17, after Trump signaled Iran may be interested in resuming peace talks and CENTCOM clarified the naval blockade
Goldman Sachs filed for a Bitcoin Premium Income ETF that would apply its covered call income strategy to bitcoin, mirroring its existing S&P 500 and Nasdaq-100 income funds.
Quantum computing is shaking cryptocurrencies, but Bitcoin has a head start. According to Bernstein, the market has already anticipated this threat, and investors have 5 years to prepare.
Bitcoin slipped Tuesday as Iran tensions sent oil above $100, fueling inflation fears and a risk-off move that weighed on crypto and other high-beta assets.
Bitcoin climbed to its highest level since the early-February sell-off after US producer prices went up, but rose less than economists expected, in March, with easing oil prices and stronger equity markets adding to the rebound in risk assets.
Tether launched tether.wallet, a self-custody wallet that allows users to send USDT, USAT, XAUT and bitcoin across multiple blockchains. The app lets users pay transaction fees with the asset being sent and use human-readable names like “[email protected]” instead of long addresses.
Bitcoin (CRYPTO: BTC) may be setting up for a sustainable move higher if it breaks above $76,000 while Ethereum (CRYPTO: ETH) clears $2,400, according to veteran macro investor Jordi Visser. The Correlation Break Bitcoin traded in lockstep with software stocks for five years, but that correlation broke this week.
Bitcoin (CRYPTO: BTC) has tapped the $75,000 level, prompting renewed optimism that the asset may be entering a new upward phase after a two-month consolidation period. Structural Breakout Underway Bitcoin is being described as breaking out of a symmetrical triangle pattern, having cleared a descending trendline that had capped price action for weeks, crypto chart analyst Ali Martinez noted in a detailed X post.
Goldman Sachs filed an application for an ETF that seeks to generate income for investors by selling options tied to Bitcoin's price.