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BitMine takes a $3.7 billion loss. Hotel California’s DAT, a staked ETF from BlackRock’s staked Ethereum

The world of crypto-treasury is seeing a stark image: BitMine Immersion Technologies (ticker BMNR) is currently reportedly having an unrealized loss of around US$3.7 billion as per an analysis conducted by 10x Research. TradingView+2Stocktwits+2 The culprit: a perfect storm of high cost-basis holdings, collapsing premiums for digital-asset treasuries (DATs) and the looming spectre of a...

Article

US bitcoin ETFS snap five-day bloodbaths after btc gets $92 K

The crypto markets gave some relief this week, as Bitcoin (BTC) made its way back to above the US $92,000 mark, assisting the US-listed Bitcoin ETFs, also known as exchange traded funds (ETFs) finish a run of five days of inflows. The increase is indicative of a flims shift in market sentiment as traders looked...

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bitcoin reaches’most negative’ level: Is the bull-cycle over?

The world’s most famous bitcoin (BTC) is showing signs of stress and several indicators suggesting what analysts call the “most bearish” phase yet in the current market. Although the cryptocurrency is trading at or above a number of long-term levels of support However, the sentiment has changed dramatically, bringing up the question of whether the...

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Ark invest purchases the slide, adding nearly 40 million dollars worth of crypto stocks market prices fall

ARK Invest, led by Cathie Wood, has taken a risky move in the world of crypto-equity by purchasing nearly 40 million dollars worth of cryptocurrency-related stock in the broader market that is reeling from a slump. CoinDesk+2GuruFocus+2 the purchaseThe previous Wednesday ARK revealed significant deals in the flagship Exchange Traded Funds (ETFs): About 463,598 shares...

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BlackRock makes first step towards staked ETF with ether

The asset-management company BlackRock has opened a new fund vehicle in Delaware – dubbed”the IShares Staked Ethereum Trust–marking a major move towards launching an U.S.-listed ETF that trades on exchanges (ETF) that will offer investors exposure to not only Ether (ETH) as well also to the staking reward generated by the cryptocurrency asset. CoinDesk+2Binance+2 What...

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cryptocurrency markets today: bitcoin remains in place despite selling tension as altcoins plummet

The market for cryptocurrency is traversing an uncertain time and major altcoins are being under pressure, while Bitcoin (BTC) shows remarkable resilience. According to the latest market data, Bitcoin is trading around USD 91,540 basically flat over the past 24 hours, despite massive sell-offs across the market. CoinDesk+2CryptoDnes.bg+2 bitcoin: Holding the lineHowever, a long-term owner...

Article

El Salvador buys the dip, despite IMF demands: More than US$100 million in bitcoins added to price volatility

El Salvador has reaffirmed its commitment to bitcoin by purchasing more than 100 million dollars worth Bitcoin in the midst of a dramatic price drop, a bold decision which is in direct contradiction to the rules established by the International Monetary Fund (IMF). Blockworks+3Bitget+3Bitget+3 A large-scale accumulationInformation obtained from sources within the Salvadoran Government’s Bitcoin...

bitcoin
Bitcoin (BTC) $ 67,308.00
ethereum
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tether
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xrp
XRP (XRP) $ 1.26
bnb
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dogecoin
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solana
Solana (SOL) $ 83.92
usd-coin
USDC (USDC) $ 0.999695
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
avalanche-2
Avalanche (AVAX) $ 8.86
tron
TRON (TRX) $ 0.276909
wrapped-steth
Wrapped stETH (WSTETH) $ 2,779.67
sui
Sui (SUI) $ 0.948887
chainlink
Chainlink (LINK) $ 8.42
weth
WETH (WETH) $ 2,268.37
polkadot
Polkadot (DOT) $ 1.32