Bitcoin Firm Nakamoto Plots 1-for-40 Stock Split Following 99% Price Plunge
In brief Bitcoin firm Nakamoto is instituting a 1-for-40 reverse stock split. The move is intended to help it achieve a share price of $1...
Tag : Bitcoin
Bitcoin rallies through $77K despite spot BTC ETF outflows topping $2B
Key takeaways: $2 billion in spot Bitcoin ETF outflows spark downside fears, but this metric is typically backward-looking. A sustained discount on stablecoins in China...
Elon Musk's SpaceX IPO Filing Reveals $1.45 Billion Bitcoin Position
SpaceX’s official IPO filing revealed a Bitcoin position worth $1.45 billion on Wednesday, highlighting tech CEO Elon Musk’s quiet commitment to the digital asset. The...
Key Bitcoin price metric used by bulls falls to six-week low, but there’s a silver lining
Bitcoin (BTC) demand on Coinbase points to early signs of market stabilization as BTC reclaimed the upper bounds of its range highs. The 14-day trend...
Glassnode says Bitcoin quantum risk covers 1.92M BTC
Bitcoin quantum exposure covers 1.92 million BTC, or 9.6% of total supply, Glassnode warned in a new report. Summary Glassnode classified 1.92 million BTC as...
Tether buys SoftBank’s stake in Bitcoin company Twenty One Capital
Tether has acquired SoftBank Group’s stake in Twenty One Capital, the Bitcoin treasury company that is expanding into lending, mining and capital markets services, in...
Bitfinex Bitcoin longs peak at 80,636 BTC as price slides
Bitcoin longs on Bitfinex surged to 80,636 BTC on May 20, the highest level since December 2023. Summary Bitfinex margin long positions rose to 80,636...
Nearly 10% of Bitcoin supply is ‘structurally unsafe’ from quantum breakthrough: Glassnode
Nearly 10% of the total Bitcoin supply is considered “structurally unsafe” due to a quantum computing breakthrough, as their output type reveals the public key...
Bitcoin sees fresh US sell-off as markets await Nvidia 'biggest earnings event'
Bitcoin (BTC) halted its latest recovery at Wednesday’s Wall Street open as US traders sold off. Key points: Bitcoin nears $78,000 before the US open...
Tether Tightens Grip on Bitcoin Treasury Firm Twenty One With SoftBank Buyout
In brief Tether has acquired SoftBank’s stake in Twenty One Capital (XXI), completely removing the Japanese tech giant from the venture. Shares that SoftBank purchased...