First Mover Americas: MicroStrategy Buys More BTC and ARK Invest Buys BITO
The latest price moves in crypto markets in context for Dec. 28, 2023.
Financial
Bitcoin
Financial
A Record $11B Crypto Options Expiry Looms as BTC Shows Little Volatility
The expiry is Deribit’s largest so far and a record of almost $5 billion of options will expire in the money.
Financial
Cathie Wood’s ARK Invests in ProShares Bitcoin ETF After Dumping Grayscale Holdings
The investment fund bought $9.2 million worth of BITO shares and also sold $27.6 million worth of Coinbase stock.
Financial
Stock of Bitcoin’s Biggest Public Holder is Overvalued by 26%, Analyst Who Predicted BTC Rally Says
Early investors in MSTR can consider taking profit as shares appear overvalued and could fall by 20%, according to 10x Research.
Financial
MicroStrategy Buys $615M Worth Additional BTC, Pushing Holdings to $5.9B
MicroStrategy’s used almost all of its recent at-the-market shares sales to buy an additional 14,620 bitcoin.
Financial
Long Crypto Traders See $190M in Losses as Bitcoin Retreats After Apparent Mt.Gox Repayments
Some $45 million stemmed from altcoin futures in an unusual move – with bitcoin accounting for a relatively lesser $36 million in liquidations.
Financial
‘Smart Money’ Is Record Long on BTC Ahead of Expected Bitcoin ETF
Bullish bets by institutional investors and knowledgeable market participants have reached an all-time high on the CME, veri tracked by MacroMicro show.
Financial
Hashdex Names BitGo as Bitcoin ETF Custodian as Applicants Continue SEC Meetings
A bitcoin ETF may be approved or rejected in the first few days of the new year.
Financial
Bitcoin Climbs Near $44K as U.S. Stocks Nurse Biggest Three-Month Loss
Overall crypto market capitalization crossed the $1.7 trillion mark on Wednesday for the first time since May 2022.
Financial
Bitcoin Could Retract to $36K Before Uptrend Resumes, QCP Capital Says
In a recent note, the Singapore-based investment fund said expects topside resistance for bitcoin in the $45k-$48.5K region.