Swan Bitcoin filed a malpractice lawsuit against its former legal counsel, Gibson, Dunn & Crutcher, and accused the firm of prioritizing Tether's interests over its own.
Spot Bitcoin ETFs saw their steepest single-day outflows since Trump's election win, signaling market jitters.
As of November 25, Bitcoin spot ETFs collectively hold $102.23 billion in net assets, with a cumulative inflow of $30.40 billion.
Bitcoin's price dropped below $93,000 due to Trump's new tariff announcements and upcoming options expiry, while institutional buyers continue accumulating despite market turbulence.
The board of directors at Rumble approved a corporate treasury diversification into Bitcoin of upto $20 million.
Online video platform Rumble and Canadian wellness company Jiva Technologies have joined the growing number of firms adopting Bitcoin as part of their corporate treasury strategy this year. Their decisions reflect a broader trend of institutional interest in the top crypto as businesses seek alternatives to traditional financial assets.
Bitcoin dropped to $93,000 amid $438 million in ETF outflows and $550 million in liquidations, while MicroStrategy added $5.4 billion worth of BTC to its holdings, highlighting the market's complex institutional dynamics.
Samson Mow, renowned Bitcoin maximalist and JAN3 chief executive officer, has addressed his army of followers to remind them that after the Bitcoin crash in the last 24 hours, there is now a “Black Friday sale” for BTC.
Due to Ethereum's ability to withstand the decline of Bitcoin, there is conjecture afoot that a shift toward altcoins, specifically ETH, is imminent. As Bitcoin struggles to maintain momentum near the $100,000 mark, Ethereum's price movement is attracting attention as it is currently trading above $3,400.
Rumble Approves $20 Million Bitcoin Treasury Investment Plan
Bitcoin dropped to $93K with $553M in liquidations, mostly from long positions. Spot Bitcoin ETFs faced $435M in outflows, except BlackRock's IBIT.
In the last few days, there have been big changes in crypto land. In just 24 hours, more than $550 million was liquidated.
Bitcoin investment products experienced a surge in net inflows, reaching $3.12 billion between Nov. 18 and 22, according to CoinShares.
XRP price has captured significant attention this month, rallying beyond $1.4 and securing impressive market momentum. The cryptocurrency's value has surged over 177%, driven by broader market gains and renewed investor interest.
MicroStrategy has made headlines with its largest Bitcoin purchase to date, acquiring 55,500 BTC between Nov. 18 and 24 for $5.4 billion.
Bitcoin has failed to continue its run past $100k, subsequently recording a three-day losing streak. The recent dip is the first major price correction the asset has seen since the November 5th elections, in which pro-crypto candidate Donald Trump was re-elected.
With the current price hike and the expected rise in bitcoin adoption by nation-states and private corporations, the world's attention is on the digital asset.
Almost the entire crypto market is deep in the red today.
Bitcoin is currently testing levels below the crucial $95k mark and is down by more than four percent in the last 24 hours. This comes after a recent announcement from Michael Saylor revealing that MicroStrategy purchased another $5.4 billion worth of Bitcoin.
BTC price retracement expectations hinge on bulls protecting new local lows as Bitcoin traders stick to high-leverage bets.
BTC price retracement expectations hinge on bulls protecting new local lows as Bitcoin traders stick to high-leverage bets.
BitMEX has introduced the XBTF25 Bitcoin futures contract, now available for trading. This new contract, underlined and margined in Bitcoin, went live on November 26, 2024.
The Sui Foundation has announced a partnership with Babylon Labs, Lombard Protocol, and Cubist to integrate Bitcoin into the Sui ecosystem.
A crypto strategist who rode Bitcoin's 2023 breakout is warning that BTC is at risk of witnessing a significant correction if it fails to rally above $100,000. Pseudonymous analyst DonAlt tells his 63,000 YouTube subscribers that Bitcoin will likely bounce if it pulls back to $90,000.
Spot Bitcoin exchange-traded funds (ETFs) in the U.S. recorded a reversal in investor sentiment on Monday, with total outflows of $438.4 million. The post Spot Bitcoin ETFs in the U.S. See $438M Outflow After $3.4B Influx Streak appeared first on Cryptonews.
Last day, MicroStrategy surprised many by making a massive BTC purchase of 55,500 BTC tokens – the highest it has ever made. This month alone, the company has amassed over 134,480 BTC tokens. With the latest purchase, the total BTC holding of MicroStrategy has increased to nearly 386,700 BTC tokens, worth at least $36,496,204,620.
After reaching a new all-time high of $99,600 last Friday, the Bitcoin price has retraced to the $94,000 mark for the first time in nearly a week. This pullback comes amid growing speculation about a possible correction following a massive three-week uptrend that saw the leading crypto surge by 40% after Donald Trump's election on November 5.
Rumble, a video-sharing and cloud services platform, is making a big move into crypto with a Bitcoin treasury strategy. The company plans to use its cash reserves to buy Bitcoin as a store of value and a hedge against inflation.
Think you're too late to Bitcoin? You've still got time, according to prominent businessman and best-selling author of Rich Dad Poor Dad Robert Kiyosaki, who forecasts sizable gains still to come.
Such corrections are to be expected, said analysts.
Following Microstrategy's plan of hoarding Bitcoin many companies from different sectors are following suit by investing heavily into Bitcoin as a safe investment option. Recently, Rumble, a popular video-sharing and cloud services platform, is making a bold move by investing up to $20 million in Bitcoin.
Jason Calacanis, one of the best-known angel investors, recently questioned Saylor's strategy.
Public video-sharing platform Rumble said Monday it plans to allocate up to $20 million in Bitcoin for its crypto treasury. Rumble, a video-sharing and cloud services provider, said in a blog announcement on Nov.
Bitcoin has been trading within a tight range, a pattern that could play a key role in its next price move.
Spot Bitcoin exchange-traded funds in the United States began the week with significant outflows as Bitcoin's price fell below $93,000 amid a wave of long liquidations. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $438.
Video sharing platform Rumble has becomes the latest company to invest in the leading cryptocurrency Bitcoin. The post Rumble Announces $20M Bitcoin Investment as Part of Treasury Strategy appeared first on Cryptonews.
Monday's net outflow ended a five-day streak of net inflows that brought $3.4 billion into the spot bitcoin ETFs.
BTC traders purchase protective put options in response to Monday's 5% decline. The Coinbase premium indicator highlights a decline in demand for Bitcoin in the U.S. market.
Starting in December, Bitcoin holders will have the ability to stake their BTC through the Bitcoin layer-2 network Babylon.
Following its epic 45% rally into price discovery this month, Bitcoin has finally begun its correction, but how low will it go?
$3.4B in Bitcoin leveraged bets at risk as prices teeter above the $95K mark.
Sand, XLM, and Ether are leading social discussions among traders at the moment, according to data from analytics platform Santiment.
Swan Bitcoin sued former employees it alleged got help from Tether, and now accuses its own law firm of malpractice after it picked up the stablecoin issuer as a client.
After facing multiple rejections at $100,000, Bitcoin price has cracked another 4% hitting an intraday low of $92,785 levels. This is the largest single-day drop for BTC following Donald Trump's victory in US elections.
Jiva Technologies CEO Lorne Rapkin said the move to add Bitcoin to the treasury is “a unique opportunity to strengthen our treasury with a resilient and innovative investment.”