First Mover Americas: Bitcoin Trades Flat While Other Major Cryptos Nurse Losses
The latest price moves in crypto markets in context for Oct. 3, 2024.
Bitcoin Holder Metaplanet Sells BTC Options to Boost Its $32M BTC Stash
The company strengthens its bitcoin position with a strategic options sale, generating nearly 24 BTC ($1.44M) in premium.
Short-Term Holders Send $3B in Bitcoin to Exchanges at a Loss as Mideast Tensions Rise
Geopolitical tensions triggered consecutive daily declines of almost 4% in bitcoin’s price.
First Mover Americas: Bitcoin Returns to $61K After Tuesday’s Dump
The latest price moves in crypto markets in context for Oct. 2, 2024.
Grayscale’s High ETF Fee Keeps the Cash Flowing In Even as Investors Withdraw
Grayscale’s fee revenue from GBTC is nearly five times higher than BlackRock’s from IBIT even after a 50% decline in assets under management.
Bitcoin Bull Run in Question as Balances on OTC Desks Rise to 410k
The amount of bitcoins on OTC desks has doubled over the past five months to the highest level since May 2022.
First Mover Americas: BTC Is Little Changed Following Muted Asia Trading
The latest price moves in crypto markets in context for Oct. 1, 2024.
Metaplanet Buys Another 107 Bitcoin, Pushing Stock-BTC Ratio to 20%
The firm now holds over 500 bitcoin after a first tranche of purchases in April.
Bitcoin Retail Activity Remains Low Despite Recent Rally
Big upticks in retail interest are commonly thought to be a topping indicator, so the current relative lack of involvement could hint at potential further price increases.
MicroStrategy’s Next Bitcoin Purchase is Likely to Take its Holdings Above Grayscale’s GBTC
The self-described Bitcoin development company currently holds 252,220 bitcoins, but has more than $1 billion in dry powder with which to purchase additional tokens.