Strategy’s $51M Bitcoin buy reflects weak demand amid 5% price drop
Famed short seller warns $51M Bitcoin purchase by Strategy signals weak demand. Bitcoin trades at $42,000, down 5% this week. Strategy and Bitcoin mentioned.
PENGU faces 40% Q2 2023 drop as analysts assess 2024 rebound
PENGU dropped 40% in Q2 2023 amid market volatility; analysts from JPMorgan and Goldman Sachs debate its recovery potential by 2024.
WisdomTree RWA Fund hits $931M after 700% surge since 2023
WisdomTree RWA Fund surged 700% since May 2023, reaching $931M. Bitcoin and Ethereum remain dominant, with institutional interest driving growth in tokenized assets.
Gemini IPO mirrors Coinbase as Bitcoin hits $43,000 and Ethereum rises 12%
Gemini plans IPO following Coinbase, with Bitcoin at $43,000 and Ethereum rising 12%. Bullish trends noted in Solana and Cardano markets.
Bitcoin, Ethereum, Solana rise as crypto whales target emerging presale in Q1 2024
Crypto whales accumulate Bitcoin, Ethereum, and Solana; emerging presale token X gains 150% in Q1 2024 amid rising institutional interest.
Flipster launches zero-spread crypto perpetuals for BTC and ETH with 100x leverage
Flipster launches zero-spread crypto perpetuals, featuring BTC and ETH pairs, with 100x leverage, targeting traders seeking cost-efficient derivatives in volatile markets.
Bhutan sells $92 million in Bitcoin during market downturn
Bhutan sold $92 million in Bitcoin during a market dip, impacting reserves. The move involved BTC and USD, reflecting strategic asset management by the Himalayan kingdom.
MicroStrategy adds 430 Bitcoin to reach 158,245 BTC holdings in 2024
MicroStrategy acquired 430 BTC for $23 million, increasing holdings to 158,245 BTC. Michael Saylor continues aggressive Bitcoin accumulation amid market volatility.
3.78 billion in dormant Bitcoin moves after 5 years involving Mt. Gox wallets
3.78 billion in dormant Bitcoin moved after 5 years, involving wallets linked to Mt. Gox and Satoshi-era holdings, signaling potential market shifts.
Bitcoin drops 8% as Fed rate hike fears rattle crypto markets on August 18
Bitcoin dropped 8% to $25,000, Ethereum fell 10% amid Fed rate hike fears; Binance and Coinbase volumes declined 15%.
