Ethena’s USDe Bitcoin collateral exceeds $500 million in a week

Bitcoin collateral for Ethena’s USDe synthetic dollar has exceeded $500 million less than a week after its introduction. The platform’s website data showed approximately $537 million in Bitcoin reserves across various exchanges such as Binance, OKX, and Deribit.

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Bitcoin (BTC) Dips Below $67,000, Triggers $500 Million in Liquidations

Bitcoin's sharp drop sparks over $500 million in liquidations. Crypto analyst warns of potential further declines and a broader market correction. The post Bitcoin (BTC) Dips Below $67,000, Triggers $500 Million in Liquidations appeared first on BeInCrypto.

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Top 7 Bitcoin Whale Withdraws $627 Million in BTC From Major Exchange

Jaw-dropping $627 million Bitcoin withdrawal from Bitfinex has intensified rumors linking transaction to USDT issuer Tether

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Bitcoin Fog Founder Convicted of Money Laundering

Roman Sterlingov, the founder of long-running cryptocurrency mixer Bitcoin Fog, was convicted by a federal jury in Washington on Tuesday of facilitating the laundering of over 1.2 million bitcoins – worth about $860 million at today’s prices – tied to darknet marketplaces.

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Bitcoin Set For Monster Rally: MicroStrategy’s Upsized $700M Notes Sale Could Thrust Bitcoin To $100K

Adding to the bullish momentum, MicroStrategy, the business intelligence company best known for its relentless commitment to stockpiling the benchmark crypto has raised its convertible debt offering to $700 million from $600 million as part of a move to acquire more BTC and boost its cache even further.

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Long Crypto Traders See $190M in Losses as Bitcoin Retreats After Apparent Mt.Gox Repayments

Some $45 million stemmed from altcoin futures in an unusual move – with bitcoin accounting for a relatively lesser $36 million in liquidations.

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Bitcoin Ordinals Smash Records With $36 Million Trading Frenzy - Time to Dive In?

Bitcoin Ordinals shatter records with $36 million trading surge

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Traders liquidated $193m in crypto amid Bitcoin’s surge

Cryptocurrency traders liquidated almost $193 million over the past 24 hours as Bitcoin hit a 20-month high. According to Coinglass data, traders closed orders worth $74 million for Bitcoin (BTC) and $29 million for Ether (ETH), with several alt-coins also…

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Bitcoin Triggers Over $110 Million in Liquidations After Bullish Breakout

Bitcoin's recent rally near $40,000 left short sellers with losses of more than $100 million. The post Bitcoin Triggers Over $110 Million in Liquidations After Bullish Breakout appeared first on BeInCrypto.

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Bitcoin’s soar past $36k triggers $186m in liquidations

On Nov. 9, Bitcoin passed the $36,000 mark. The volume of liquidations on futures in the crypto-asset market increased to around $186.6 million. In the last 24 hours, 57,903 traders’ positions were liquidated, totaling more than $186.6 million, according to CoinGlass.…

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US Forces Young Hacker To Forfeit $5.2 Million In Bitcoin

Last month, Ahmad Wagaafe Hared, a young hacker based in the United States, was ordered to forfeit approximately $5. 2 million worth of Bitcoin (BTC), Stellar (XLM), and a BMW sports car to the government.

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Did Elon Musk Tank the Market? SpaceX Sells $373 Million of Bitcoin; QUBE is Close to Selling out Presale Stage 3

The Wall Street Journal (WSJ) recently highlighted that Elon Musk’s SpaceX wrote down $373 million worth of Bitcoin (BTC) from 2021 to 2022. This is speculated to be the cause of the recent $2000+ crash in the price of BTC.

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Bitcoin miner Hut 8 revenue declined by $18.3 million in Q2

Hut 8 posted revenue of $14. 3 million (19. 2 Canadian Dollars), which had fallen $18. 3 million during the quarter compared to Q1, 2023. The company mined 399 Bitcoin (BTC) but sold a total of 396 BTC for $10.

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Bitcoin Wallet Xverse Secures $5 Million Seed Funding Led by Jump Crypto

Bitcoin wallet Xverse secures $5 million in funding, aiming to accelerate advanced features around Ordinals and scaling solutions.

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Bitcoin touches $29k as liquidations hit $150 million

Bitcoin price fell to lows of $29,000 across major exchanges as liquidations rose 203% in 24 hours. Total rekt positions was more than $150 million, with $124 million being longs. The volatility saw over 50,000 traders liquidated in the past 24 hours.

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DigiToads’ presale on track to raise $5 million despite bitcoin dip

While the bitcoin (BTC) market corrects, DigiToads (TOADS), an emerging meme coin, is on the road to breaking $5 million in its presale stage

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Bitcoin to launch its first USD-pegged stablecoin, details here

A total of 24,677 BRC-20 tokens minted with a market cap of $447 million. The total number of Ordinals inscriptions broke past 9 million at the time of writing. May of 2023 proved to be a reThe post Bitcoin to launch its first USD-pegged stablecoin, details here appeared first on AMBCrypto.

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Bitcoin’s $30k price spike liquidates over $170M

Bitcoin’s (BTC) brief jump toward $30,000 led to more than $106 million in liquidations for short traders in the last 24 hours, according to Coinglass data. The overall crypto market saw $173 million in liquidation during the period, mostly from traders holding short positions against BTC and other cryptocurrencies.

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“Black Swan” Author Ridicules $1 Million Bitcoin Price Prediction

Former a16z partner and Coinbase CTO Balaji Srinivasan has caused controversy by publicly claiming he would bet $1 million that bitcoin will reach $1 million within 90 days, prompting criticism from experts such as Nassim Nicholas Taleb

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Bitcoin Miner Marathon Digital Terminates Credit Facility With Crypto Bank Silvergate

The miner reduced its debt by $50 million and freed up about $75 million worth of bitcoin that was held as collateral.

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Bitcoin Funding Rate Turns Negative, Short Squeeze Incoming?

Bitcoin saw its biggest long squeeze in four months at the start of the trading day in Hong Kong today, which briefly sent the price below $22,000. Within the last 24 hours, a total of over $73 million in longs were liquidated, and over $200 million in the entire crypto market.

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Bitcoin saw 78% of outflows as $32 million exited crypto asset investments

Bitcoin products saw $25 million in outflows last week, according to asset manager CoinShares. There was $3. 7 million in short Bitcoin as investor sentiment flipped negative on recent regulatory concerns.

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“Bitcoin Jesus” Roger Ver Owes Genesis $20M

Roger Ver apparently owes Genesis $20 million. He was previously accused by crypto exchange CoinFLEX of defaulting on a $47 million obligation. Bitcoin Jesus Loves Leverage 2022 must have been...

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Bitcoin Miner Riot Q2 Update Underscores Market Conditions, Holds Over 6,000 BTC

The company still holds a large treasury and ramped up its infrastructure through a $14 million bitcoin sale and dumping over 30 million shares onto the market.

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“Doom Loop”: Arthur Hayes Reiterates $1 Million Bitcoin Price Prediction

Arthur Hayes has doubles down on his $1 million Bitcoin price call

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El Salvador’s over $100 million Bitcoin purchase is now worth $66 million

El Salvador’s Bitcoin (BTC) investment is performing poorly, with the value of the more than 2,000 units it holds falling by about $40 million. The post El Salvador’s over $100 million Bitcoin purchase is now worth $66 million appeared first on CryptoSlate.

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There Are Only 2 Million Units Of Bitcoin Left To Mine — Why Does It Matter?

Bitcoin passed a historic benchmark on Friday with the issuance of 19 million coins. This means that there are only 2 million coins remaining for anyone interested in taking ownership of the most sought-after digital asset in the world.

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Decoding what '19 million BTC in circulation' means for investors

Bitcoin is known for its deflationary nature. Its supply has a hard limit of 21 million coins. Therefore, the creation of a new Bitcoin is unlikely after the year 2140. Notably, since its inceptionThe post Decoding what '19 million BTC in circulation' means for investors appeared first on AMBCrypto.

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Bitcoin Broke New Record: 40 Million Holders and Counting

Bitcoin breaks through record with 40 million people holding the first cryptocurrency

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El Salvador purchases additional 410 Bitcoin for $15 million

Bitcoin-centric Central American country, El Salvador, has taken advantage of the ongoing bear market to buy 410 units of Bitcoin for around $15 million. The post El Salvador purchases additional 410 Bitcoin for $15 million appeared first on CryptoSlate.

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MicroStrategy Buys $100 Million Bitcoin

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Can Bitcoin's hard cap of 21 million be changed?

Satoshi Nakamoto, the creator of Bitcoin, set a hard cap of 21 million BTC, which means there will only ever be 21 million Bitcoin in existence.

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SoftBank-Backed Brazilian Bitcoin Exchange Raises $50 Million In Extension Round

2TM, the owner of Mercado Bitcoin, had captured $200 million in July and is now valued at about $2.15 billion.

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India’s Largest Mobile Payments Platform with 333 Million Users Is Considering Bitcoin Offerings

India’s payment giant Paytm had about 333 million customers and a network of more than 21 million merchants as of July 2021, would consider Bitcoin offerings if regulatory uncertainty surrounding cryptocurrencies gets cleared.

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MassMutual Bitcoin Investment Has Tripled In Dollar Value

The Massachusetts-based insurance company’s $100 million bitcoin purchase in December 2020 is now worth more than $300 million.

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Bitcoin Miner Canaan Reports ‘Strongest Quarterly Sales’ Despite Unexpected Regulatory Policy and Price Volatility

Bitcoin miner Canaan disclosed a record second-quarter 2021 results that showed that its total net revenue was $167. 5 million. This is an increase of 507% from $2. 45 million in the same period of 2020 and 168% from $62.

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MicroStrategy Purchases $243 Million Worth of Bitcoin (BTC)

According to a recent regulatory filing report, MicroStrategy has purchased an additional $243 million worth of Bitcoin. In the third quarter of 2021, MicroStrategy purchased $419 million in Bitcoin.

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El Salvador Congress Approves a Law to Accumulate $150 Million in Bitcoin to Facilitate Crypto Transactions

El Salvador has approved a law to create a $150 million fund in order to facilitate conversions between Bitcoin and US dollars. The $890 billion market cap cryptocurrency is trading just above $47,600 as of writing.

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Bitcoin Wallet Manufacturer Ledger Completes $380 Million Fundraise At $1.5 Billion Valuation

Bitcoin hardware wallet manufacturer Ledger has raised $380 million, giving it unicorn startup status at a $1.5 billion valuation.

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MicroStrategy Plans to Raise $400 Million to Buy More Bitcoin

The funds will be raised by offering $400 million aggregate principal amount of senior secured notes due by 2028. The post MicroStrategy Plans to Raise $400 Million to Buy More Bitcoin appeared first on BeInCrypto.

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Tokyo-listed gaming giant Nexon invests $100 million in Bitcoin (BTC)

South Korean–Japanese game maker Nexon today announced a $100 million investment in Bitcoin (BTC), the world’s largest cryptocurrency by market cap, as per a release. The post Tokyo-listed gaming giant Nexon invests $100 million in Bitcoin (BTC) appeared first on CryptoSlate.

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Microstrategy Purchases Additional 262 Bitcoin for $15 Million 

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Altshuler Shaham Investment Buys $100 Million Bitcoin

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InfoWars' Alex Jones Lost Laptop with $560 Million Worth of Bitcoin

Conspiracy king Alex Jones claims that he has lost $560 million worth of Bitcoin

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MicroStrategy Adds Another $15 Million Bitcoin

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Malaysian Police Bust Gang That Stole $2.15 Million Worth of Electricity to Mine Bitcoin

Police in Malaysia’s Jahor state have busted a seven-men gang that stole 8. 6 million Malaysian ringgits ($2. 15 million) worth of electricity to mine bitcoin and other cryptocurrencies. ● Police said they seized 1,746 bitcoin (BTC) mining machines across 21 premises in raids carried out between Feb.

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BREAKING: MicroStrategy Adds Another $10 Million Worth of Bitcoin

MicroStrategy has acquired $10 million worth of Bitcoin once again

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Hive Bitcoin Miner Raises $15 Million

The publicly traded bitcoin and ethereum miner, HIVE Blockchain Technologies Ltd, has raised $15 million out of an offering of nearly $27 million according to a filing with the Securities...

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Regulated Bitcoin ETPs Skyrocket, Coinshares Cites ‘Unprecedented Interest from Institutional Investors’

The Sweden-based XBT provider Coinshares saw roughly $202 million in XBT certificates swap hands on the market’s first day of trading in 2021. Meanwhile, on the same day, the bitcoin exchange-traded product BTCE saw $100 million in trade volume.

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Here's why Bitcoin will reach $1 million by 2026 according to this economist

Macro investor Raoul Pal, CEO and Co-Founder of Real Vision Group thinks Bitcoin will soar to $1 million in roughly five years' time. He believed that with the asset’s restricted supply, market demaThe post Here's why Bitcoin will reach $1 million by 2026 according to this economist appeared first on AMBCrypto.

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