Bitcoin’s BTC$64,123.46 price has been eerily calm for weeks, locked in a narrow range below $65,000. Options, or derivative contracts offering insurance against wild price swings, should be cheap in a market this quiet. They aren’t. That may sound counterintuitive, but it really isn’t, and it matters for traders considering options to hedge against, or […]

Strategy MSTR$92.54 has pushed back against MSCI’s proposed methodology for identifying “non-operating companies,” which could result in the largest bitcoin treasury company being removed from the index provider’s global equity indexes. Strategy said on X, “Digital assets are assets. Index providers should measure markets, not decide which assets companies are allowed to own,” Strategy said. […]

Bank Leumi, Israel’s largest bank, will offer cryptocurrency trading to customers from early 2027 becoming the first Israeli bank to announce such a service. Customers of Leumi and its mobile banking unit, Pepper, will be able to buy, hold and sell bitcoin BTC$62,880.24, ether ETH$1,875.38 and solana (SOL) through a section of the Leumi Trade […]

Crypto prices continue to drift somewhat lower ahead of the opening of the U.S. stock market on Friday. Bitcoin (BTC) is now down 1.7% over the past 24 hours to $62,600, extending its week-over-week decline to just shy of 4%. Ether (ETH) is down similarly. Bitcoin’s low for August was roughly $62,300. The S&P 500, […]

Bullish (BLSH), the crypto platform and parent company of CoinDesk, reported second-quarter net loss of $280 million, on Thursday, compared to $108.3 million for the equivalent period a year earlier. Most of that headline loss was due to a $244.6 million markdown in the company’s bitcoin holdings as BTC’s price fell throughout the quarter. Adjusted […]

Japanese bitcoin treasury company Metaplanet (3350) unveiled a continuous bond issuance program, dubbed “BitBonds,” completing its first sale with four privately placed series worth about 200 million yen ($1.3 million). The Tokyo-listed company said the unsecured senior bonds mature in roughly three years and carry annual interest rates of 4% to 4.3%. Solicitation began in […]

U.S. inflation in July was in line with expectations, leaving expectations for another Federal Reserve rate hike broadly unchanged. The Consumer Price Index (CPI) rose 0.1% in July from the previous month, compared with economists’ forecast for a 0.1% increase and June’s 0.4% decline. On a year-over-year basis, CPI rose 3.4%, in line with forecasts […]

CoreWeave (CRWV) shares surged 16% in pre-market trading on Wednesday after the company delivered stronger growth and raised its full-year outlook, lifting the broader neocloud market. The AI infrastructure provider said second-quarter revenue more than doubled to $2.58 billion, narrowly beating expectations, while its net loss of $626 million was smaller than analysts projected. The […]

Two Prime’s loan to MARA carries a fixed interest rate of 7.65% and matures in August 2028. Blume said borrowing demand has increased in recent months, with institutions tapping bitcoin holdings to finance capital expenditure while retaining exposure to the asset. The structures are also becoming more sophisticated. Recent regulatory filings show agreements with detailed […]

Software stocks are breaking away from bitcoin BTC$63,349.09. The iShares Expanded Tech-Software Sector ETF (IGV), has climbed to a one-year high relative to the largest cryptocurrency, with the ratio reaching 0.0016. Bitcoin and IGV traded largely in lockstep for years, but that relationship began to breakdown in May. IGV is now down only 1% in […]