[May 17 1:59 PM] Point72, the $34 billion hedge fund of billionaire and owner of the New York Mets, Steven Cohen, held $77.5 million of the Fidelity Wise Origin Bitcoin Fund (FBTC) as of the close of the first quarter, according to a filing.
[May 17 12:34 PM] The fifth-largest cryptocurrency is benefitting from multiple catalysts, including bustling meme coin and DeFi activity, upcoming network upgrade and increasing interest in restaking arriving to the ecosystem.
[May 17 6:05 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[May 16 3:25 PM] Bitcoin price showed strength near its medium-term range high but multiple factors are preventing derivatives traders from opening new positions.
[May 16 8:20 AM] Spot bitcoin exchange-traded funds debuted with a giant splash in January, quickly attracting billions of dollars of investment. But who was buying them and why have inflows stalled in recent weeks? Was it a fad that fizzled?
[May 16 7:31 AM] The miner’s bitcoin stash is a protective feature for investors and opportunistic capital for the business to use for growth, the report said.
[May 16 6:01 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[May 16 1:35 AM] Increased transactions on the Shibarium blockchain will lead to a higher burn rate for the SHIB token, reducing its circulating supply.
[May 16 1:04 AM] The CME is already the top bitcoin futures exchange by open interest, while the offshore, non-regulated Binance dominates the spot market.
[May 15 3:09 PM] In a new disclosure, investment management company Millennium Management has revealed holdings of almost $2 billion in spot Bitcoin ETFs. This revealing was made through a SEC 13F-HR institutional investment manager holdings report filed today, and…
[May 15 1:33 PM] ETH price continues to trail far behind Bitcoin’s year-to-date gains even after the crypto market responded positively to today’s CPI print.
[May 15 8:36 AM] El Salvador has mined nearly 474 bitcoins worth around $29 million since September 2021 using geothermal energy from the Tecapa volcano, official data revealed. This boosts the country's total bitcoin holdings to 5,750 BTC valued at over $360…
[May 15 6:10 AM] Dog-themed floki (FLOKI) zoomed 12%, the highest among the top 50 tokens by market capitalization, while pepe (PEPE) jumped 5% to a new lifetime peak.
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