Investors are pulling money out of Bitcoin ETFs fast. Over $1. 1 billion has left these funds in just five days. This is happening as people get ready for a big speech by the head of the U. S. Federal Reserve, Jerome Powell. The speech is at the Jackson Hole symposium, and it's making everyone nervo
Block Inc. , founded by Jack Dorsey, is a financial technology company that has been deeply involved in the Bitcoin industry through its various subsidiaries. The company, which was originally called Square and was founded in 2009, started integrating Bitcoin into its technology offerings as early a
Crypto markets are seeing a big increase in leverage, reaching levels last seen during the bull market. This surge is driven by a strong demand for decentralized finance (DeFi) lending and a higher appetite for risk. However, this rapid growth in leverage is causing some stress points in the market.
Crypto prices took a tumble recently, and it's all thanks to some unexpected news. The Producer Price Index (PPI) shot up by 0. 9% in July, which is a big deal because it's the highest jump in over three years. This news caught everyone off guard, especially since experts were only expecting a 0. 2%
Ethereum ETFs have been on a roll, pulling in more money than Bitcoin ETFs for five days straight. This isn't just a small win—it's a big deal. Over the past five days, Ethereum ETFs have gathered about $3. 4 billion, while Bitcoin ETFs have only seen $966 million. That's a huge difference! So, wha
Big companies are making huge bets on Ether, the second-largest cryptocurrency. BitMine Immersion Technology is trying to raise a massive $24. 5 billion to buy more Ether. At the same time, SharpLink just got $389 million to add to their crypto holdings. These companies are already among the top hol
Hive Digital, a company that started with Bitcoin mining and now also builds data centers, just shared its earnings for the first three months of its fiscal year. They made a lot of money, thanks to both Bitcoin mining and their new AI-related services. In this quarter, Hive brought in $45. 6 milli
Cathie Wood's investment firm, Ark Invest, made some bold moves recently. They spent about $19. 2 million to buy more shares of Block, the company behind Cash App and Bitcoin services. This happened even though Block's latest earnings were not as high as expected. But Block's Cash App has been doing
Tyler Winklevoss, the CEO of Gemini, a cryptocurrency exchange, recently praised Grove City College in Pennsylvania. He highlighted the school's focus on Austrian Economics, which aligns with his views on Bitcoin. Austrian Economics emphasizes free markets, individualism, and limited government inte
Scottie Pippen, a six-time NBA champion, has been sharing some unusual stories about Bitcoin. He says that the creator of Bitcoin, Satoshi Nakamoto, has been visiting him in his dreams since 1993. These dreams apparently give him insights into the future price of Bitcoin. Some of his predictions hav
