Bitcoin miner Riot Platforms has entered into a $100 million credit agreement with Coinbase, using its BTC holdings as collateral. According to the firm, the facility will be accessed through staged withdrawals over two months until the full $100 million is drawn. Riot confirmed that the capital will support expansion efforts and other corporate priorities.…
Key takeaways: Bitcoin is up alongside global risk markets following signs of easing US-China trade tensions. Bitcoin ETFs attract $1.29 billion in daily inflows. Short-term Bitcoin holders are back in profit. A classic bullish reversal pattern is in play. Bitcoin BTCUSD has risen 6.80% in the last 24 hours to reach $94,510 on April 23,…
BitMEX founder Arthur Hayes says the bottom is in for Bitcoin (BTC), and that more rallies are on the way due to several macro catalysts. In a new essay posted to his Substack, Hayes says President Trump has essentially already retreated in his tariff war after likely going too far beforehand. According to Hayes, the…
Ledger Chairman and CEO Pascal Gauthier believes Bitcoin is firmly on the path to becoming a global financial standard — and says nothing can stop it now. In an interview with TheStreet Roundtable host Scott Melker, Gauthier reflected on Bitcoin’s incredible journey from an experiment in 2014 to a force that “nobody can really stop.”…
In today’s fast-paced digital economy, even conservative investors are beginning to explore new financial frontiers. If you’ve ever wondered whether it’s possible to use your bank account to buy Bitcoin in USA, you’re not alone. What was once the territory of tech-savvy trailblazers and financial rebels has now become a legitimate component of diversified investment…
The crypto market’s rally stalled on Wednesday after U.S. Secretary of Treasury Scott Bessent reiterated that a proper trade deal between Washington and Beijing would take years to ink out. Bitcoin (BTC) is up 2.6% in the last 24 hours and 12.2% in the last seven days, trading at $93,600 for the first time since…
In brief Riot Platforms established a $100 million credit facility via Coinbase Credit. The Bitcoin mining firm will use the funds to fuel key strategic initiatives. A portion of its Bitcoin treasury was used to secure the facility. Publicly listed Bitcoin miner Riot Platforms has secured a credit facility of up to $100 million from…
Blockchain tracking service Whale Alert has reported a 1,500 BTC transfer (worth approximately $128 million) between Bitfinex and Kraken, two of the leading cryptocurrency exchanges globally. Following the transfer, there has been speculation within the crypto community on the impact of this movement on Bitcoin’s price. In contrast to transfers to private wallets, this BTC…
On-chain data shows the Bitcoin price has reclaimed the cost basis of the short-term holders, a level that has historically been psychologically important. Bitcoin Is Now Back Above The Short-Term Holder Realized Price In a new post on X, the on-chain analytics firm Glassnode has discussed the Realized Price of the Bitcoin short-term holders. The “Realized Price”…
Twenty One Capital, a new company formed by Cantor Fitzgerald, Tether Holdings SA, and SoftBank Group, is about to become one of the largest public holders of bitcoin. A Reuters report said the entity will launch with over 42,000 bitcoin (valued at about $3.6 billion), positioning it as the third-largest corporate bitcoin holder globally. Stablecoin…