Coinbase is being sued by BiT Global, which alleges that the exchange delisted the popular Wrapped Bitcoin (WBTC) to boost its own cbBTC.
Bitcoin's price is holding steady at $101,056 per coin, signaling a phase of stabilization as traders analyze conflicting indicators from oscillators and moving averages across various timeframes. Bitcoin On the 1-hour chart, bitcoin is in a consolidation pattern with a mild upward trend after tumbling from $102,582 to $99,250.
A new CoinGecko report shows that Bitcoin has outperformed traditional investment assets over the past decade, establishing itself as one of the most promising investment prospects.
TL;DR Riot Platforms acquired 5,117 BTC for $510 million, increasing its reserves to 16,728 BTC, which is equivalent to $1.68 billion. With this purchase, it becomes the third-largest public holder of Bitcoin, behind MicroStrategy and MARA Holdings.
American Bitcoin miner Riot Platforms has announced another BTC buy, snapping up over 5,000 coins for half a billion dollars.
Riot Platforms has added to its growing Bitcoin holdings after the crypto miner and infrastructure provider scooped 5,117 more BTC for $510 million. The Colorado-based Bitcoin (BTC) mining company announced the fresh acquisitions on Dec.
A Texas legislator has introduced a groundbreaking proposal to establish a Bitcoin reserve as part of the state's financial strategy.
Bitcoin and Ether ETFs recorded a combined $870M daily inflows on Friday. Bitcoin's price faced resistance at $102K, while Ethereum neared the $4,100 mark.
Matrixport predicted that Bitcoin could reach $160,000 in 2025. Bitcoin ETF demand, macroeconomic environment, and global liquidity pool will contribute to Bitcoin's price rise.
The purchase came amid reports that the Bitcoin mining company was under pressure from activist investor Starboard Value.
Pantera Capital founder and managing partner Dan Morehead believes that cryptocurrency is a burgeoning asset class still largely untapped by institutional investors. What Happened: Speaking in an interview with CNBC on Thursday, Morehead emphasized the transformative potential of blockchain technology, likening it to other emerging markets of the past.
Frank Richard Ahlgren III, an early Bitcoin investor from Texas, has been sentenced to two years in prison for tax fraud. According to the Department of Justice, Ahlgren underreported $3.
A Bitcoin investor from Texas has been sentenced to two years in prison for tax evasion, marking the first criminal case involving unreported cryptocurrency capital gains.
During a recent interview, Mike McGlone, senior commodity strategist for Bloomberg Intelligence, has predicted that Bitcoin will keep outperforming most other cryptocurrencies.
TL;DR The expiration of Bitcoin options ($2.1 billion) and Ethereum options ($640 million) this Friday could generate high volatility in the crypto market. The BTC put-call ratio favors the bulls, with a ratio of 0.83, suggesting optimistic expectations for its future price.
The mining company announced on Friday that it had acquired 5,117 bitcoin between Dec. 10 and Dec. 12, 2024.
This marks the first criminal tax evasion prosecution centered solely on bitcoin.
Bulls are facing pressure from sellers, according to CoinStats.
Bitcoin proponent Michael Saylor has taken to his account on the X social media behemoth to address the BTC community with an important message, which reveals the goal that all the companies building Bitcoin reserves and spot Bitcoin ETFs are chasing in terms of daily BTC production.
Glassnode's latest Bitcoin (CRYPTO: BTC) analysis highlights the most interesting statistics related to the apex crypto's monumental $100,000 milestone. It took Bitcoin 5,256 days of trading to grow from fractions of a cent to a $2 trillion market cap, surpassing the total market cap of silver in the process.
In a landmark case, Frank Richard Ahlgren III, an early Bitcoin (CRYPTO: BTC) investor from Austin, Texas, has been sentenced to two years in prison for underreporting millions in cryptocurrency gains. The case represents the United States' first criminal prosecution solely focused on tax evasion involving digital assets, marking a significant development in the regulation and enforcement of cryptocurrency transactions.
Riot Platforms acquires $510 million worth of Bitcoin, acquiring 5,117 BTC at an average price of $99,669 per coin.
Bitcoin mining company Riot Platforms (NASDAQ:RIOT) on Friday announced the acquisition of 5,117 Bitcoin (CRYPTO: BTC) for $510 million. The purchase, funded through the net proceeds of the company's recent $525 million, 0.75% coupon convertible bond issuance, was made at an average price of $99,669 per Bitcoin, inclusive of fees and expenses.
The United States-listed Bitcoin mining firm Riot Platforms (RIOT) has acquired a significant 5,117 Bitcoin (BTC) for $510 million. These notable acquisitions occurred when BTC was trading near its all-time high, indicating massive adoption and heightened interest in the world's largest cryptocurrency.
What's driving Tom Lee's confidence in Bitcoin in 2025?
A Bitcoin investor from Texas has become the first person to be imprisoned for failing to disclose crypto gains. The individual in question was sentenced to two years in jail today for filing a tax return that falsely underreported his capital gains from selling $3.7 million in Bitcoin.
House Bill 1598, introduced by Texas Representative Giovanni Capriglione on Dec. 12, outlines a plan to establish a Bitcoin reserve within the state treasury. The bill, titled the Texas Strategic Bitcoin Reserve Act, details the state comptroller's responsibilities for managing Bitcoin as a financial asset, including provisions for secure storage and a long-term holding strategy.
During the recent “ETFs in Depth” event, BlackRock announced it is focusing on flagship cryptocurrency exchange-traded funds (ETFs). The company attributed its reasons for focusing on Bitcoin and Ethereum ETFs to limited market exposure.
Ethereum ETFs saw a one to two ratio of bitcoin inflows this Thursday despite having around a quarter of its marketcap.
Bitcoin has reached a historic $100,000 milestone, Glassnode reports, marking a pivotal moment in its evolution with over $131 trillion in transaction volume, a $2 trillion market cap, and increasing institutional adoption. Bitcoin's $131 Trillion Journey According to Glassnode's latest onchain report, bitcoin (BTC) has crossed a monumental threshold, reaching $100,000 per coin on Dec.
Bitcoin is back above $100,000 after a slight correction early this week. A 2024 Pew Research Center poll shows that 17% of U.S. adults say they have ever invested in, traded, or used a cryptocurrency.
The market skyrocketed after Donald Trump won the US presidential election and SEC Chair Gary Gensler announced his imminent resignation. Since these significant events, Bitcoin (BTC) finally broke through the $100,000 level to set a new ATH of $103,900.
Discover how the Bitcoin Fear & Greed Index, a sentiment analysis tool rooted in human psychology, can outperform traditional buy-and-hold strategies.
Bitcoin mining giant Riot Platforms Inc. has made another huge splash into BTC to increase its holdings. As announced, the company bought a total of 5,113 Bitcoin for approximately $510 million.
The day has been relatively rough for the broader crypto market, as the total market cap of the business declined by 1.47% to $3.6 trillion over the past day. Amidst the slump, the trading volume too went reddish by 10.71%, taking the numbers to $194.73 billion.
Bitcoin (CRYPTO: BTC) is on track to hit $160,000 by 2025, according to a new Matrixport report. The projection is underpinned by sustained demand for Bitcoin exchange-traded funds (ETFs), a favorable macroeconomic environment, and the continued expansion of the global liquidity pool.
Crypto faces $3B options expiry as BTC & ETH traders eye volatility as key levels approach.
BlackRock, the world's largest asset manager, has shifted its focus to Bitcoin and Ethereum, opting to bypass the launch of any new altcoin-based Exchange-Traded Funds (ETFs).
AMP, one of Australia's largest superannuation funds, has invested $27 million in Bitcoin, making it the first major Australian pension fund to adopt the digital asset.
Bitcoin recently reached the monumental milestone of $100,000, a price that has left many wondering if it has become too expensive to invest in. However, Michael Saylor, executive chairman of MicroStrategy and a well-known Bitcoin advocate, believes otherwise.
Bitcoin could reach a cycle top of over $160,000 on continued interest rate cuts and macroeconomic improvements in 2025, analysts have predicted.
Saifedean Ammous, The Bitcoin Standard author, joins 'Squawk Box' to discuss the state of bitcoin, comparison to gold, what the crypto industry will look like under the incoming Trump administration, and more.
U.S. spot bitcoin and ethereum ETFs enjoyed another positive inflow day bringing in $597.57 million and $273.67 million respectively. Bitcoin and Ethereum ETFs Continue Momentum with Solid Inflows Bitcoin and ethereum exchange-traded funds (ETFs) maintained their inflow streak with another day of solid inflows into both ETFs. According to metrics from sosovalue, inflows totaling $597.
“It is very likely that the GitLab repositories contained sensitive credentials to access Byte Federal's databases," auditors wrote in a report.
Frank Richard Ahlgren III, an early bitcoin investor, was sentenced to two years in prison for falsifying his tax returns to conceal capital gains from the sale of BTC.
A complicated picture is painted by Bitcoin's current price action as the asset negotiates considerable market volatility. Bitcoin has swept both ends of its liquidity spectrum on the four-hour chart with bid liquidity at the bottom and clearing ask liquidity at the top.