The Commodity Futures Trading Commission (CFTC) asked a federal court on Sept. 2 to dismiss CME’s challenge to Kalshi’s Bitcoin perpetual contract. The lawsuit turns on whether a contract without…
Bitcoin
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Key Takeaways: After a 10-week Bitcoin accumulation hiatus, Strategy acquired 4,603 BTC at $369.7 million. The company sold 4.53 million Class A shares with proceeds of $602.8 million of which…
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Crypto Currency
Michael Saylor’s $13,400 Bitcoin floor exposes the exact order of losses inside Strategy’s debt stack
Strategy, the Bitcoin treasury company, is marketing a roughly $13,400 “BTC Floor” for STRC, its variable-rate cumulative perpetual preferred stock. With Bitcoin near $78,000, the label sounds like a vast…
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Key Takeaways: Sberbank is ready to lodge Bitcoin, Ethereum and USDT to obtain credit. The initiative is reliant on the new crypto regulations in Russia to be accepted and implemented.…
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Russia’s largest bank, Sber, plans to expand its crypto-backed lending to accept Tether’s USDt stablecoin and Ether as collateral alongside Bitcoin, according to a senior executive. Sber will adapt its…
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Genius Group, an AI-powered education company that previously used Bitcoin as a treasury asset, has proposed a $12.5 million perpetual preferred offering to restart a Bitcoin treasury it says should…
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Bitcoin (BTC) has struggled to flip $80,000 into support in recent days, but bulls’ real challenge is still to come, new research says. Key points: Bitcoin long-term holders add to…
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Bitfire Research says geopolitical risk, long-end Treasury yields and the U.S. crypto regulatory agenda are shaping a high-level consolidation. Investorideas.com (www.investorideas.com newswire) a trusted go-to platform for big investing ideas,…
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Crypto Currency
Bitcoin is closing in on $80,000 and already destroyed a record $4 billion in short bets
Bitcoin surged toward $80,000 on Friday, extending a three-day rally that has liquidated more than $4 billion in bearish bets and pushed the cryptocurrency to a three-month high. Data from…
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Bitcoin (BTC) and altcoins are breaking records as short position liquidations pass $3 billion over two days. Key points: Crypto short liquidations since Thursday are in excess of $3.1 billion,…
