Bitcoin (BTC) held by Mt. Gox, the defunct crypto exchange that imploded in 2014, was on the move again on Tuesday following last week’s maneuver, a potential sign of resuming creditors payout after distributing crypto assets worth billions last year. A Bitcoin address linked to Mt. Gox transferred 11,834 BTC, worth about $930 million, to…
Amid all the turbulence on the crypto market recently, many digital asset enthusiasts are keeping their eyes on the bigger picture. For example, Anthony Scaramucci sees Bitcoin (BTC) reaching $200,000 by year-end. Bitcoin’s price action has been anything but dull as another wild 24-hour cycle brought traders on a roller coaster ride, with the leading cryptocurrency plunging…
Investment banking firm Cantor Fitzgerald has selected Anchorage Digital and Copper as its Bitcoin custodians and collateral managers as it launches its new digital asset financing business targeting institutional investors. In a March 11 announcement, Cantor Fitzgerald said it is rolling out its Bitcoin (BTC) financing business with $2 billion in initial capital to help…
Key Takeaways Senator Cynthia Lummis will announce developments on the US strategic Bitcoin reserve. President Trump signed an executive order for a Strategic Bitcoin Reserve managing seized assets. Share this article Senator Cynthia Lummis reintroduced the BITCOIN Act today while attending a Bitcoin-focused conference hosted by the Bitcoin Policy Institute. The event also featured Michael…
Wall Street asset management firm Cantor Fitzgerald has tapped Copper and Anchorage Digital as custodians for its new bitcoin (BTC) financing business, which aims to provide institutional investors with leverage on their bitcoin holdings, the firm said on Tuesday. “We are launching with $2 billion in initial financing and expect to substantially grow the operation…
Bitcoin exchange-traded products may have fundamentally altered the concept of a crypto “altseason.” For years, the crypto market followed a familiar rhythm, a near-predictable dance of capital rotation. Bitcoin (BTC) surged, bringing mainstream attention and liquidity, and then the floodgates opened to altcoins. Speculative capital rushed into lower-cap assets, inflating their values in what traders…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Bitcoin market has been shaken by a substantial correction, dipping to a low of $76,589 before regaining ground above $80,000 at press time. Even with the recovery, the price remains down 27% from the all-time high of $109,900 reached on January…
The recent crypto market downturn has caused the once-popular $120,000 bitcoin (BTC) options bet to lose its crown to the $100,000 bet in a sign that traders are reassessing their bullish expectations. At press time, the $100,000 call was the most popular BTC options contract on the exchange, boasting a notional open interest of $1.55…
Bitcoin and crypto prices have moved sharply lower, following stock markets, as fears swirl the bitcoin price could be teetering on the verge of a major crash. Front-run Donald Trump, the White House and Wall Street by subscribing now to Forbes’ CryptoAsset & Blockchain Advisor where you can “uncover blockchain blockbusters poised for 1,000% plus…
Bitcoin’s (BTC) price on CME futures dropped to a low of around $76,700 on Monday, officially filling the CME futures gap that was created on Nov. 5, when President Trump won the U.S. election. At the end of February, bitcoin (BTC) briefly fell to approximately $78,500, partially filling the gap, as the lowest point of…