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Nearly 100 million shares of BlackRock’s Bitcoin funds were traded on Thursday, setting a new daily volume record. BlackRock’s spot Bitcoin (BTC) exchange-traded fund (ETF) has notched another daily trading volume record as BTC dropped 6% from its daily high over the United States trading day. Barchartdatafor March 14 shows the iShares Bitcoin Trust (IBIT) traded 99.3 million shares in...
The convertible notes Coinbase wants to sell include provisions aimed at aiding its stock investors. Coinbase CEO Brian Armstrong (Coinbase) Coinbase plans to raise $1 billion through a convertible debt offering, following the path of Michael Saylor's MicroStrategy. The offering has an extra provision, "negotiated capped call transactions," which will ensure less dilution at the conversion. The raise comes after...
The activist investor has previously mostly steered clear of any involvement in crypto. Bill Ackman (Bryan Bedder/Getty Images ) Pershing Square Capital Management founder and CEO Bill Ackman turned some of his attention to Bitcoin(BTC)on Saturday afternoon, cheekily suggesting a scenario in which the price for the world's largest crypto could soar far higher than anyone might imagine. "Bitcoin price...
Bitcoin has already climbed to new all-time high while ether is lagging, but previous market cycles suggest change is coming. ETH price on March 7 (CoinDesk) Bitcoin "sucked up all the attention" recently, but ether could more than double from current prices this year, a Bitwise analyst said. The upcoming Dencun upgrade and excitement around spot ETF applications are key...
Bitcoin's new all-time high Tuesday quickly turned into a bloodbath, flushing out overzealous leveraged traders. Bitcoin price action on March 5 (CoinDesk) Bitcoin hit a fresh all-time high of $69,200 on Tuesday, then tumbled to as low as $59,700 in a violent sell-off. The correction triggered cascading liquidations, flushing out over $1 billion worth of leveraged derivatives positions across all...
One part community, one part prediction market, the meme coin that borrows the former president's likeness is a troll project that became serious. One day, the Donald Trump-themed MAGA coin, which surged nearly 400% over the last month according toCoinGecko data, and boasts a market cap of over $285 million, might enter the meme coin hall of fame alongside the...
Bitcoin Blasting Toward Biggest Monthly Gain in 3 Years The cryptocurrency has more room to run, analysts say. (NASA) Bitcoin is poised to close February with a 44% gain, its largest monthly advance since December 2020. Bitcoin demand via U.S.-listed spot bitcoin ETFs is met with constrained supply, dominated by long-term holders unwilling to sell, Galaxy's Alex Thorn said. Bitcoin(BTC)is...
Spot bitcoin ETFs again booked a strong day, recording over $2 billion in daily trading volume but slightly fell short of Monday's record. (Jim Henderson, modified by CoinDesk) BlackRock's IBIT traded $1.35 billion on Tuesday, surpassing Monday's record daily volume. U.S.-listed spot bitcoin ETFs attracted $520 million in net inflows Monday as bitcoin rallied to $57,000. BlackRock's spot bitcoin(BTC)exchange-traded fund...
Blast, in an X post, termed the project’s potential as “undeniable,” which may have created a sense of security among investors. (fikry anshor/Unsplash, modified by CoinDesk) Blast ecosystem experienced the first rug pull event as RiskOnBlast, a gambling and exchange platform, disappeared with over 420 ether raised from retail traders. RiskOnBlast’s anonymous team sent nearly $500,000 to ChangeNow, $360,000 to...
Users on X pointed out that Trump’s recent change in tune toward Bitcoin could be just an election-related tactic to attract crypto-focused voters. Former United States President Donald Trump has changed his tune on Bitcoin. From making anti-Bitcoin statements and calling it a scam during his tenure as president, Trump now says BTC is something he can live with and...
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