Bitcoin wipes nearly a week of gains in 20 minutes, falling under $41K
The price of Bitcoin suddenly dropped 6.5% to fall below $41,000 on Dec. 11, wiping out around five days of gains. Go to Source
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Bitcoin’s many deaths: Is crypto market past ‘point of no return?’
Bitcoin has been declared dead more times than you’d think amid downswings in the market, but it’s always managed to bounce back. Go to Source
Bitcoin’s huge rally has nuked $6B in shorts this year: S3 Partners
Short sellers have lost more than $6 billion trying to bet against crypto stocks in 2023. Go to Source
Bitcoin futures open interest on CME nears 2021 all-time high
The futures positioning on CME shows Bitcoin could still move higher from its current price, says IG Australia analyst Tony Sycamore. Go to Source
BlackRock received $100K seed fund for Bitcoin ETF: SEC filing
BlackRock, along with more than a dozen financial giants, has entered the race to launch the first spot Bitcoin ETF in the U.S. Go to Source
Core Scientific explains its latest bankruptcy plan ahead of court date
If approved, this third version of the plan will go into effect on Jan. 5, 2024, and see the company add 372 MW in capacity by 2027. Go to Source
Bitcoin maxis vs. multichains: Two opposing visions of crypto’s future
Many Bitcoin maximalists are even hesitant to apply the term “crypto” to their preferred asset, as it brooks association with more centralized coins. Go to Source
Bitcoin market cap overtakes Berkshire Hathaway, soars past $800B
Bitcoin is now the 10th biggest asset by market cap, following Meta Platforms (formerly Facebook) and Nvidia. Go to Source
Bitcoin breaks $41K as gold price reaches new all-time high
Bitcoin price is surging in lockstep with gold as the precious metal hits a new historic high, suggesting investors are preparing for stock market turmoil. Go to Source
Bitcoin tops $40K for first time in 19 months, Matrixport eyes $125K in 2024
Bitcoin has hit a 19-month high, and Matrixport predicts it will keep climbing well into next year. Go to Source