BlackRock is planning a new income-focused Bitcoin ETF, the Bitcoin Premium Income ETF, and has begun the registration process with a Delaware trust filing. The ETF’s strategy is to generate returns by selling covered call options on Bitcoin futures, appealing to investors seeking yield over full exposure to Bitcoin’s priceContinue Reading
Bitcoin fell 6% to US$109,277 as other major cryptocurrencies suffered even steeper losses. Market data reveals distribution currently leads over accumulation, with long-side liquidations rising and futures open interest falling from US$44.8 billion to US$42.7 billion. Long-term holders have realised profits on US$3.4 million BTC just as ETF inflows cooledContinue Reading
Michael Saylor believes Bitcoin could see a price surge before year-end, citing demand outstripping new supply. He argues that corporate treasuries and ETFs are consistently acquiring more BTC than miners are releasing, tightening the market. Saylor views Bitcoin as the “ideal form of digital capital” to back digital credit instruments,Continue Reading
Bitcoin fell below US$112k briefly on Tuesday morning but recovered to US$112,857, still down 2.5% for the week alongside other major cryptocurrencies. The market decline triggered US$1.5 billion in liquidations affecting 407k traders, with Ethereum leading the liquidation event at US$342 million in forced closures. The Crypto Fear and GreedContinue Reading
A report published by Deutsche Bank Research Institute suggests Bitcoin is following a similar path to that taken by gold over the past 100 years, resulting in increased adoption and reduced volatility. The report’s authors believe Bitcoin’s increasing adoption and falling volatility will continue and the OG crypto will eventuallyContinue Reading
NBA star Kevin Durant has recovered a long-lost Bitcoin stash purchased on Coinbase nearly a decade ago, with Coinbase CEO Brian Armstrong confirming the successful account recovery. Durant and his manager, Rich Kleiman, had lost access to the account due to forgotten login credentials and two-factor authentication codes, leaving theContinue Reading
Saylor says lower volatility eases institutional entry but may feel “boring” for retail traders. Bitcoin’s price rose nearly 99% in a year; long-term holders influence sideways movement. Strategy develops Bitcoin-backed instruments offering up to 12.7% yield, preparing for broader adoption. Strategy Executive Chairman Michael Saylor has highlighted that Bitcoin’s increasingContinue Reading
IREN’s co-founders, Dan and Will Roberts, have sold one million shares each, cashing out roughly US$33 million apiece after the company’s stock reached all-time highs. The stock’s recent rally, which has seen its share price climb 50% since September 8, follows the news that the company had purchased 9,000 NvidiaContinue Reading
Metaplanet’s Miami subsidiary focuses on Bitcoin income generation and derivatives, led by Gerovich and team. Tokyo’s Bitcoin Japan Inc. manages media, events, and services, supported by the premium Bitcoin.jp domain. The company holds 20,136 BTC (AU$3.55B) and raised ¥212.9B (AU$2.17B) through an international share offering. Metaplanet, Japan’s largest corporate BitcoinContinue Reading
The US Federal Reserve is expected to cut interest rates for the first time in 2025, with economists debating between a 25 or 50 basis point reduction. JPMorgan’s David Kelly warns that rate cuts driven by political pressure could negatively impact stocks, bonds, the US dollar, and cryptocurrencies. Many tradersContinue Reading