Bitcoin Firm Nakamoto's Stock Hits New Low After Posting $239M Loss, Selling More BTC
Shares in Bitcoin treasury firm Nakamoto hit a new all-time low Thursday after it posted a $239 million loss and sold more BTC in Q1.
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The post BTC USD Price Falls Below $80K as Taiwan Tensions Weigh appeared on BitcoinEthereumNews.com. The BTC USD price fell to $79,200, down 2.3% over 24 hours, after Chinese President Xi Jinping warned Donald Trump of potential “collision or even clashes” over Taiwan during their summit in Beijing, the first visit to China by a sitting U.S. president in nearly a decade. The move broke the $80,000 Bitcoin floor that had held for most of the past week and arrived on top of two consecutive upside inflation prints that have materially complicated the Federal Reserve’s path to rate cuts. The analytical question is no longer whether Bitcoin can reclaim $82,000; it is whether $78,000 holds if the summit’s second day delivers another geopolitical jolt. Spot Bitcoin ETFs saw $630M in net outflows on Wednesday alone, the largest single-day withdrawal since late January, bringing the five-session total to approximately $1.26Bn. That scale of institutional redemption, running concurrently with a
Read full articleShares in Bitcoin treasury firm Nakamoto hit a new all-time low Thursday after it posted a $239 million loss and sold more BTC in Q1.
The post Bitcoin keeps rallying mid-month – Is Saylor using Strategy’s STRC funding loop to pump BTC? appeared on BitcoinEthereumNews.com. Make CryptoSlate preferred on Bitcoin has been seeing recurring mid-month strength this year, and it is becoming harder to separate it from Strategy’s (formerly MicroStrategy) expanding preferred-stock machine. The funding channel is helping the company continue to buy the flagship digital asset while adding a growing layer of cost to its balance sheet. Research firm K33 has tied the pattern to Strategy’s perpetual preferred stock, STRC, which has become a key source of liquidity for the world’s largest corporate Bitcoin holder. The instrument pays dividends at month-end, but investors must own the shares by the 15th to qualify for the payout. That deadline has turned the middle of each month into a predictable window of demand. Investors buy STRC ahead of the cutoff, driving up its trading volume, and the stock moves back toward its $100 par value.
The post Bitfufu Produces 145 BTC In April, Lifts Holdings To 1,812 Bitcoin appeared on BitcoinEthereumNews.com. Bitfufu Produces 145 BTC In April, Lifts Holdings To 1,812 Bitcoin Skip to content Home Crypto News Bitfufu Produces 145 BTC in April, Lifts Holdings to 1,812 Bitcoin Source: https://bitcoinworld.co.in/bitfufu-mined-145-btc-april-holdings-1812/
The post Bitcoin analysis: BTC’s recent rally past $80,000 lacked Coinbase premium appeared on BitcoinEthereumNews.com. Bitcoin’s BTC$79,550.57 recent rise above $80,000 was led by leveraged trades and lacked strong participation from the U.S.-based investor pool, which typically plays a key role in sustaining bullish trends. Their underperformance of U.S. spot buyers relative to their global peers is evident in the Coinbase Premium, which measures the price gap between bitcoin on Coinbase and on offshore exchanges, has stayed negative since late April, per CryptoQuant data. A positive premium typically signals U.S. institutional demand outpacing the rest of the world’s spot buying, since Coinbase is the primary on-ramp for American capital. A negative premium means the opposite: offshore traders are paying more for bitcoin than U.S. investors are willing to pay, driving prices higher. That divergence has now held through a 5% rally. Bitcoin BTC$79,550.57 traded above $82,000 on Tuesda
Bitcoin ETFs saw $635 million in outflows on Wednesday, the largest since late January, as BlackRock’s IBIT led redemptions amid profit-taking and BTC swings near $80,000.
Bitcoin ETFs Bleed $635M: What It Means for Investors The post Bitcoin ETF Outflows Hit $630M: Is BTC USD Going to $60K? appeared first on 99Bitcoins.
The post Morning Minute: What’s At Stake with Trump in Beijing appeared on BitcoinEthereumNews.com. Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. And check out our new daily news show covering all of the top stories in 5 minutes, downloadable on Apple Pod or Spotify. GM! Today’s top news: Crypto majors are red after hot CPI; BTC -1.5% at $79.3k BTC ETFs see $630M in net outflows, most since January Schwab officially began rollout of spot crypto trading Claude helps user find $400k in BTC lost for 11 years Myriad adopts Chainlink as it moves deeper into real-time markets 🇨🇳 What’s At Stake with Trump in Beijing Trump landed in Beijing on Wednesday for his first visit to China since 2017, a two-day summit with Xi Jinping that carries more weight than any U.S.-China meeting in nearly a decade. The agenda covers five interconnected crises simultaneously: the Iran war and Hormu
The post Australian Dollar underperforms despite positive outcomes of Trump-Xi meet appeared on BitcoinEthereumNews.com. The Australian Dollar (AUD) trades lower against its major currency peers, is down 0.25% to near 0.7240 against the US Dollar (USD) during the European trading session on Thursday. The antipodean faces selling pressure even as comments from both United States (US) President Donald Trump and Chinese leader Xi Jinping indicate that trade relations between both economies will improve from hereon. Australian Dollar Price Today The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the weakest against the US Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD 0.05% 0.08% 0.03% 0.10% 0.24% 0.07% -0.05% EUR -0.05% 0.02% -0.04% 0.04% 0.14% -0.01% -0.10% GBP -0.08% -0.02% -0.06% 0.02% 0.14% -0.03% -0.09% JPY -0.03% 0.04% 0.06% 0.05% 0.19% 0.01% -0.10% CAD -0.10% -0.04% -0.02% -0.05% 0.15% -0.05% -0.10% AUD -