Bitcoin, the pioneer cryptocurrency that was created to be digital money, is now failing to become a payment method. MARA CEO Fred Thiel, whose Bitcoin mining company holds more than 36,300 BTC, says Bitcoin has […]
Bitcoin’s leverage gauges barely flinched after Friday’s Bank of Japan decision. A yen short that had reached 152,125 contracts by July 21 grew to 163,412 by July 28, while Hajime Takata’s failed push for 1.25% […]
Coinbase told investors on Thursday that 88% of its second-quarter net revenue came from something other than Bitcoin spot trading. The same release reported a $359.5 million net loss under US accounting rules, the company’s […]
A firmware flaw that remained unnoticed for years has resulted in one of the largest Bitcoin hardware wallet thefts in recent months. More than 1,082 BTC, worth around $70 million, was quietly stolen from over […]
Strategy Founder and Executive Chairman Michael Saylor believes Bitcoin is at a key inflection point right now, one that could mark its bottoming phase. During Strategy’s Q2 earnings call on Thursday, Saylor claimed that BTC […]
Bitcoin’s (BTC) price decline forces Michael Saylor’s Strategy into an $8.22 billion net loss for the second quarter. The loss stems mainly from an $8.32 billion unrealized hit on its Bitcoin trove as the flagship […]
The post BlackRock Bitcoin ETF Records $122.7 Million Outflow appeared first on Coinpedia Fintech News BlackRock’s Bitcoin ETF, the iShares Bitcoin Trust (IBIT), recorded a $122.7 million net outflow on July 31, according to Farside […]
TLDRs; Strategy shares slipped after Q2 results exposed heavy Bitcoin-related losses, rising financing obligations, and continued balance-sheet pressure. The company holds 843,775 Bitcoin worth approximately $54.6 billion but remains vulnerable to cryptocurrency price volatility. Strategy […]
Bitcoin’s on-chain structure is beginning to resemble the 2022-2023 bear market bottom, but analysts say one important ingredient is still missing before a meaningful recovery can begin. According to on-chain analyst Axel Adler Jr., Bitcoin […]
Researchers at Galaxy Digital say about $70 million has been stolen due to an exploit in the popular Bitcoin wallet Coldcard. The attack was enabled by a firmware bug that dramatically reduced the randomness of […]
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