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Arthur Hayes is calling it: China’s yuan devaluation is setting the stage for a tidal wave of capital to rocket into bitcoin and ignite a historic bull run. Arthur Hayes: Chinese Capital Flight May Flood Into Bitcoin as Yuan Slides Arthur Hayes, co-founder and former CEO of crypto derivatives exchange Bitmex and now head of … Read more
Sats Terminal, a Bitcoin-native decentralized finance (DeFi) aggregation protocol, has raised $1.7 million in pre-seed funding to streamline fragmented services across the Bitcoin ecosystem. Sats Terminal Secures $1.7M The funding round, announced April 8, was co-led by Coinbase Ventures and Draper Associates, with participation from Draper Dragon, BitcoinFi Accelerator, and others. Sats Terminal aims to … Read more
The leading digital asset traded as high as $80K on Tuesday morning before retreating below $77K as traditional markets saw some reprieve. Bitcoin Slides as Major Stock Indices Post Gains The three major stock indices all posted gains on Tuesday, causing bitcoin to reclaim $80K, during early trading, but the cryptocurrency had already slid under … Read more
Bitcoin ETFs kicked off the week deep in the red, logging a $109 million outflow and extending the bleed to a third straight trading day. Meanwhile, Ether ETFs recorded no activity, marking a rare day of total trading silence. Bitcoin ETF Outflows Stretch to Day Three as Ether Funds Go Silent The new week began … Read more
Bitcoin bounced back to flirt with the $80K level during Tuesday’s early hours, taking advantage of the favorable session experienced by the major Asian bourses despite the tariff menace. Other assets like ether, XRP, and solana also recovered, but tariff risks may continue to affect market performance in the coming days. Bitcoin Surfs Around $80K … Read more
Digital asset investment products experienced $240 million in outflows last week, primarily driven by concerns over global economic headwinds. However, blockchain equities attracted $8 million in inflows as investors capitalized on recent price dips. Crypto Fund Outflows Hit $240M, but Blockchain Equities Draw Fresh Inflows Digital asset funds faced $240 million in outflows last week, … Read more
Metaplanet, the Japanese hotel developer turned bitcoin treasury firm, announced on Monday that it had fully redeemed or paid off ¥2 billion ($13.5 million) worth of zero coupon bond debt more than five months early (the bonds had a maturity date of Sept. 17, 2025). Funds raised by the bond issuance were used to purchase … Read more
Strategy, the enterprise software firm formerly known as Microstrategy, disclosed $5.91 billion in unrealized losses on its bitcoin holdings for Q1 2025 under a new accounting rule requiring crypto assets to be marked to market. Strategy Posts Q1 Loss Strategy, rebranded from Microstrategy Incorporated, reported a $5.91 billion non-cash loss tied to its bitcoin ( … Read more
The dominant cryptocurrency tumbled all the way to $74K before reclaiming $78K around midday Monday. BTC Price Seesaws as Macro Uncertainty Intensifies President Donald Trump’s aggressive tariff policies continued to wreak havoc on markets, sending bitcoin to its lowest levels since early November 2024, although altcoins tumbled lower, giving BTC an edge in market capitalization … Read more
Bloomberg Intelligence’s senior commodity strategist Mike McGlone casts a skeptical gaze on bitcoin and its digital counterparts, positing a potential retreat to $10,000 for the flagship cryptocurrency. Bloomberg Strategist Sees Crypto Wipeout Ahead In recent analyses shared via Bloomberg and the platform X, Mike McGlone has dissected crypto’s vulnerabilities amid turbulent macroeconomic crosscurrents. President Trump’s … Read more
