Trump-Linked $200M Crypto Trade Sparks Market Manipulation Concerns
A perfectly-timed $200 million cryptocurrency trade, occurring moments before Donald Trump's market-moving announcements, has raised serious manipulation concerns. The suspicious timing of the trade, which generated $6 million in profits, has led to speculation about connections to Trump family's growing crypto ventures.
Crypto ETPs Hit by Historic $2.9B Weekly Exodus as Bitcoin Bears Strike
Cryptocurrency exchange-traded products faced unprecedented $2.9B in outflows last week, with Bitcoin taking the heaviest hit at $2.6B withdrawn. The dramatic reversal follows 19 weeks of steady inflows, impacting major providers like BlackRock and Grayscale while smaller crypto assets show resilience.
Japanese Tech Giant Metaplanet Expands Bitcoin Holdings, Eyes U.S. Stock Exchange Listing
Metaplanet acquires 156 Bitcoin worth $13.4M while exploring potential NYSE and Nasdaq listings to increase global investor access. The Japanese company aims to accumulate 21,000 BTC by 2026 as part of its strategy to lead Japan's Bitcoin adoption.
GameStop Weighs $5 Million Bitcoin Investment Following Strategic Proposal
GameStop CEO Ryan Cohen acknowledges proposal from Strive Asset Management to convert $5M of cash reserves into Bitcoin, potentially positioning the gaming retailer as a leading Bitcoin treasury company. The move follows recent accounting changes and comes amid evolving corporate cryptocurrency adoption.
Bitcoin Network Activity Surges: Active Addresses Hit Three-Month Peak Amid Market Uncertainty
Bitcoin's network has recorded over 912,300 active addresses, reaching levels not seen since December 2023's $105,000 price point. This surge in activity, combined with technical indicators and market sentiment, suggests a potential bottom formation despite looming liquidation risks.
Swiss Central Bank Chief Rejects Bitcoin as National Reserve Asset
Swiss National Bank President Martin Schlegel dismisses Bitcoin as a potential reserve asset, citing volatility, liquidity issues, and security risks. The stance comes amid a proposal requiring SNB to hold Bitcoin, which could trigger a public referendum if it gains enough support.
Saylor's Controversial 'Sell a Kidney' Bitcoin Statement Amid MicroStrategy Stock Decline
MicroStrategy's Michael Saylor makes waves with extreme pro-Bitcoin rhetoric, urging followers to 'sell a kidney' amid an 18% Bitcoin decline. His unwavering stance contrasts sharply with MicroStrategy's 28% stock drop, highlighting the volatile nature of crypto-linked investments.
BlackRock Integrates Bitcoin ETF into Model Portfolios with Conservative Allocation
BlackRock, managing over $11 trillion in assets, has added its iShares Bitcoin Trust ETF to model portfolios with a 1-2% allocation. The strategic move demonstrates growing mainstream adoption while maintaining a cautious approach to cryptocurrency investment risks.
Bitcoin ETF Market Faces Historic $2.4B Selloff Amid Crypto Downturn
Spot Bitcoin ETFs experience their largest outflows since launch, with investors withdrawing over $2.4 billion this week amid falling crypto prices and market uncertainty. Despite the massive selloff, ETF assets remain resilient at $90 billion while the industry continues expanding with new fund applications.
Bitcoin Price Plummets as Whales Dump $540M Worth of Holdings
Bitcoin's value has plunged from $95,700 to below $80,000 following a massive selloff by major holders, marking the largest whale dump since July 2023. The market downturn triggered over $2.16 billion in realized losses, with new investors particularly impacted.