Browsing: Bitcoin

A prominent Bitcoin whale experienced a $3 million loss on a long position last night following a successful short during the market downturn on October 11. This whale, recognized as a “BTC OG,” had previously… (via Bpaynews real-time desk)

The US Bitcoin Spot ETF experienced a significant net inflow of $2.399 billion yesterday. This inflow highlights growing interest in Bitcoin investment products. The increase in funds suggests that investors are actively seeking exposure to… (via Bpaynews real-time desk)

More than $5 billion in Bitcoin and Ethereum options are set to expire today, with Bitcoin’s Max Pain estimated at around $108,000 and Ethereum’s Max Pain near $3,800. The term “Max Pain” refers to the… (via Bpaynews real-time desk)

Block’s Bitcoin revenue for the third quarter reached $2 billion, representing nearly one-third of the company’s total revenue. This significant figure highlights the importance of Bitcoin to Block’s overall financial performance. The growth in Bitcoin… (via Bpaynews real-time desk)

Whale Shorts Bitcoin A whale has shorted Bitcoin four times consecutively, achieving a profit of $12.99 million, with the total position valued at $124 million. This trading strategy highlights the significant impact that large investors… (via Bpaynews real-time desk)

Tether Bitcoin holdings Tether has raised its Bitcoin holdings by 961 coins, which are valued at approximately $97.34 million. This increase reflects Tether’s ongoing strategy to enhance its cryptocurrency portfolio. The latest acquisition continues a… (via Bpaynews real-time desk)

The cryptocurrency market is experiencing a downtrend, with Bitcoin falling below $10,100, which has significantly affected US stock prices of crypto-related companies. The decline in Bitcoin has raised concerns among investors, leading to increased volatility… (via Bpaynews real-time desk)

Spanish Council Aims to Sell Bitcoin After 1,000x Jump, Could Fuel Quantum Research – Decrypt In a surprising turn of events, a local council in Spain has found itself at the center of a budding… (via Bpaynews real-time desk)

Will Robinhood Start a Bitcoin Treasury? Firm Says It’s Weighing ‘Pros and Cons’ Robinhood, a popular trading platform renowned for democratizing stock trading, particularly among younger investors, is exploring the idea of establishing a Bitcoin… (via Bpaynews real-time desk)

Myriad Moves: Traders Flip Bearish on Bitcoin But Bullish on Zcash In the volatile world of cryptocurrencies, market sentiment can shift as quickly as the wind changes direction. Recently, a noticeable transformation in trader attitudes… (via Bpaynews real-time desk)