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Bitcoin
Is crypto market past ‘point of no return?’
Bitcoin and the broader crypto market have been gleefully declared dead more than a few times during bear markets, but some experts say it would take a genuinely extreme set of events for it to truly die.According to 99Bitcoins — a…
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El Salvador unveils BTC ‘Freedom Visa’ — but it’s 10x the cost of others
El Salvador has launched a new citizenship-by-investment program that grants a residency visa and pathway to citizenship for 1,000 people willing to stump up a $1 million Bitcoin (BTC) or Tether (USDT) investment in the country.The…
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Investment firm floats yield-bearing ETF based on MicroStrategy stock
A specialized exchange-traded fund (ETF) firm called YieldMax has filed to launch the first yield-bearing ETF product based on shares in Michael Saylor’s Bitcoin holding company, MicroStrategy.According to a Dec. 7 filing with the United…
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Hive Digital says BTC miners bought last Dec have already paid themselves off
Bitcoin (BTC) miner Hive Digital Technologies says the move to acquire a fleet of Bitmain mining rigs last year has already paid for itself, due in large part to a significant increase in the price of Bitcoin. In a Dec. 8 statement, Hive…
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Sam Altman-linked Meanwhile Advisors creates BTC private credit fund
Bitcoin life insurance innovator Meanwhile Group has come out with a private credit fund denominated in Bitcoin (BTC). The closed fund will offer investors a “conservative” yield in Bitcoin and lend funds in BTC to institutional…
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Bitcoin options data shows whales betting big — Will $50K BTC come in January?
Bitcoin (BTC) options open interest reached an unprecedented milestone, surging to a staggering $20.5 billion on Dec. 7. This remarkable achievement signifies the active involvement of institutional investors in the cryptocurrency space.…
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Bitcoin price continues to drop, but how are pro BTC traders positioned?
Bitcoin (BTC) has experienced a remarkable 15.7% price surge in the first six days of December. This surge has been heavily influenced by the anticipation of an imminent approval of a spot exchange-traded fund (ETF) in the United States.…
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Phoenix seals $380M deal with WhatsMiner for green Bitcoin mining
United Arab Emirates firm Phoenix Group has disclosed a new purchase of hardware equipment from WhatsMiner, aimed at expanding its portfolio of hydro cooling rigs. According to an announcement on Dec. 7, the $380 million deal represents…
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Jack Dorsey’s Block Inc. launches self-custody Bitcoin wallet
Financial payment processor Block, co-founded by Jack Dorsey, has launched its self-custody Bitcoin (BTC) wallet.Dubbed "Bitkey," developers said during the Dec. 7 announcement that the wallet, available as a mobile app or hardware…
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‘Early bull market’ — Bitcoin price preps 1st ever weekly golden cross
Bitcoin (BTC) is lining up an “early bull market” as a unique chart feature plays out for the first time in history.In a post on X (formerly Twitter) on Dec. 7, entrepreneur Alistair Milne drew attention to Bitcoin’s first ever weekly…
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