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BTM News30 articles
Bitcoin Dips Below $80K as Rising Yields and Oil Spark Risk-Off Move
Bitcoin slipped under $80,000 as U.S. spot bitcoin ETFs recorded $290.4 million in outflows, while rising bond yields and oil prices triggered a risk-off shift across markets.
MARA Holdings Tumbles as Bitcoin Weakens Ahead of Key Debt Deadline
MARA Holdings shares slid 7.4% to $12.30 as bitcoin declined 3.3%, with a bondholder deadline approaching for its $1.5 billion Long Ridge Energy deal. Q1 revenue fell 18% to $174.6 million, and the company posted a $1.3 billion net loss.
Bitcoin Drops Below $80K as Inflation Fears and Treasury Yields Pressure Crypto
Bitcoin fell below $80,000 on Friday, pressured by elevated inflation, a spike in Treasury yields, and significant ETF outflows totaling over $860 million.
Gemini Shares Surge 20% After $100M Bitcoin Investment from Winklevoss Twins
Gemini Space Station shares surged over 20% premarket after a $100M Bitcoin investment from the Winklevoss twins. Q1 revenue rose 42% to $50.3M, but the company posted a $109M net loss.
Senate Panel Advances Crypto Bill, Bitcoin Holds Above $80K
The Senate Banking Committee moved the Digital Asset Market Clarity Act forward with a 15-9 vote, pushing Bitcoin near $80,837 and lifting Coinbase, Robinhood, and Strategy shares by about 5%.
Winklevoss Twins Infuse $100M in Bitcoin into Gemini, Stock Surges 15%
Gemini Space Station Inc. received a $100M bitcoin-backed investment from Winklevoss Capital, buying 7.1M shares at $14 each. GEMI stock rose 15% after hours.
MARA Holdings Rallies 5.8% After $1.5B Bitcoin Sale Fuels AI Pivot
MARA Holdings shares rose 5.8% after the company sold 20,880 bitcoin in Q1 to fund a $1.5 billion acquisition for AI and high-performance computing expansion.
Antelope Enterprise Soars on Bitcoin Gains and Buyback Plan
Antelope Enterprise shares jumped 30.1% in premarket trading Thursday after revealing $190,000 in Bitcoin gains and a $95,000 buyback plan, extending a 71.6% surge from Wednesday.
KULR Shares Surge After Bitcoin Transfer to Coinbase Prime
KULR Technology Group shares surged 26.8% after transferring 300 bitcoin worth $24.36 million to Coinbase Prime, fueling speculation of a potential sale. The company reports Q1 earnings Thursday.
Bitcoin Dips Below $80K as ETF Outflows and Inflation Data Weigh
Bitcoin slipped under $80,000 Wednesday on U.S. inflation data and $233.2 million in ETF outflows. Ether and Solana also fell.
Antelope Enterprise Soars on Bitcoin Gains and Buyback News
Antelope Enterprise Holdings shares jumped 47.55% to $2.11 Tuesday, extending a rally fueled by Bitcoin gains and a new buyback program.
AI Memory ETF Surpasses $6.5 Billion in Rapid Launch, Outpacing Bitcoin Funds
The Roundhill Memory ETF (DRAM) hit $6.5 billion in assets 36 days post-launch, fueled by AI memory chip demand. Retail net buying surpassed $150 million, outpacing Nvidia.
CleanSpark Faces $378M Loss as Bitcoin Slump and AI Transition Test Strategy
CleanSpark posted a $378.3 million net loss in fiscal Q2, driven by a $224.1 million bitcoin fair-value loss and a 24.9% revenue decline to $136.4 million. Its AI/HPC pivot has yet to generate revenue.
Spokane Valley Bans Bitcoin ATMs Following Surge in Scam Losses
Spokane Valley has banned virtual currency kiosks after police linked them to fraud, major financial losses, and a suicide. The city council voted unanimously on May 5.
IREN Secures $3.4B Nvidia Cloud Deal, Pivots from Bitcoin Mining to AI
IREN Limited inked a $3.4 billion, five-year cloud-services agreement with Nvidia, which also secured an option to purchase up to 30 million IREN shares at $70 each, signaling a strategic pivot from bitcoin mining to AI infrastructure.
Saylor's Bitcoin Sale Hint Reshapes MSTR's Market Narrative
Michael Saylor suggests selling some bitcoin for dividends, a move that reframes Strategy's capital strategy without abandoning its crypto focus.
Bitcoin Steadies Near $80K as ETF Outflows Test Rally
Bitcoin traded near $80,000 early Saturday, steadying after two consecutive days of U.S. spot bitcoin ETF outflows totaling over $400 million.
Antelope Enterprise Surges 275% on Bitcoin-Backed Share Buyback Plan
Antelope Enterprise shares skyrocketed over 275% after the company announced a $95,000 share buyback funded by $190,000 in realized Bitcoin gains from its 'Genius Plan.'
Hut 8 Secures $9.8B AI Data Center Lease, Shifts Focus from Bitcoin Mining
Hut 8 Corp. inked a 15-year, $9.8 billion lease for 352 MW of AI data-center capacity at its Beacon Point campus, advancing its pivot from bitcoin mining to AI infrastructure.
Strategy Halts Bitcoin Purchases After $7.5 Billion Buying Spree Ahead of Q1 Earnings
Strategy paused its bitcoin buying spree last week, halting after a $7.5 billion, three-month acquisition run. The company holds 818,334 BTC and reports Q1 earnings Tuesday.
Strategy's Bitcoin Bet Faces Earnings Test as Options Signal 8% Swing
Strategy Inc. reports Q1 earnings Tuesday, with options implying an 8.07% stock swing. Bitcoin holdings hit 818,334 BTC after a $255M purchase pause, as analyst raises target to $225.
Morgan Stanley's Bitcoin Fund Gains Amid BlackRock IBIT Outflows
Morgan Stanley's new bitcoin fund drew $10.8M while BlackRock's IBIT lost $54.7M on April 29, signaling shifting investor preferences in the spot bitcoin ETF market.
Soluna Holdings Stock Surges on Sazmining Bitcoin Deal, Then Faces SEC Filing
Soluna Holdings shares rose after Sazmining started a 3MW Bitcoin mining site at Project Dorothy 1B, but an SEC filing for 2.46 million share resale tempers gains.
11 Key Drivers Behind Bitcoin Price Fluctuations
Bitcoin's price is determined by supply and demand, with ETF flows, macro liquidity, regulation, and market sentiment now as influential as the halving event.
Strategy Inc. Boosts Bitcoin Holdings to 818,334 BTC, Outpacing BlackRock
Strategy Inc. acquired 3,273 bitcoin for $255 million last week, increasing its total stash to 818,334 BTC and staying ahead of BlackRock's iShares Bitcoin Trust. Galaxy Digital CEO Mike Novogratz cautioned that such buying pace could strain supply.
Bitcoin Holds Near $78K as ETF Inflows Offset Oil and Dollar Headwinds
Bitcoin hovers near $77,500 as $223.3M in ETF inflows support prices, but rising oil and a stronger dollar cap gains. Ethereum ETFs see $75.9M outflows.
Crypto Casinos Woo Low-Stakes Players as Bitcoin Nears $78K
Crypto casinos are targeting low-stakes players with $2 minimum deposits as Bitcoin nears $78K, while UK's remote gaming duty hike pressures traditional bookmakers.
Bitcoin Dips Below $78K as $80K Breakout Falters Despite Institutional Inflows
Bitcoin slipped below $78,000 Thursday, retreating from a test of $80,000 as geopolitical risks and selling pressure near $78,000 offset strong ETF inflows and corporate purchases.
Strategy's $2.54B Bitcoin Purchase Cements Lead Over BlackRock's ETF
Strategy purchased 34,164 Bitcoin for $2.54 billion last week, raising its total holdings to 815,061 BTC and moving ahead of BlackRock's iShares Bitcoin Trust. The company funded the buy through securities sales.
Bitcoin Retreats Below $75K as Fed Uncertainty, Geopolitics Weigh
Bitcoin declined 1.7% to $74,985, retreating from a push toward $77,000 amid reassessments of U.S. monetary policy and geopolitical risks. The cryptocurrency faced headwinds despite substantial inflows into spot Bitcoin ETFs and a major corporate purchase by Strategy.