Tag: bitcoin's
Bitcoin ETFs Register Net Outflows for Third Straight Day
Both bitcoin and ether spot ETFs bleed money as geopolitical tensions weigh over risk assets. Updated Oct 4, 2024, 1:43 p.m. UTC Published Oct 4, 2024, 9:12 a.m. UTC Bitcoin ETFs bled $54.2 million on Thursday. Of 525 ETFs launched in 2024, 13 of the top 25 are either bitcoin or ether related. The U.S.-listed bitcoin (BTC)
Bitcoin, Gold Could Benefit From Rising Geopolitical Tension and U.S. Election: JPMorgan
Geopolitical risk and the upcoming U.S. election are likely to reinforce the 'debasement trade,' to the benefit of both bitcoin and gold, the report said. Updated Oct 4, 2024, 8:20 a.m. UTC Published Oct 4, 2024, 8:17 a.m. UTC Bitcoin and gold to benefit from growing geopolitical tension and the U.S. election, the report said. JPMorgan said
Bitcoin Set for Unusually Busy Weekend After Friday’s Payrolls Data, Volatility Kink Indicates
BTC's implied volatility curve shows a noticeable kink on Oct. 5, signaling expectations for an unusually volatile Saturday. Updated Oct 4, 2024, 6:35 p.m. UTC Published Oct 4, 2024, 6:55 a.m. UTC BTC's options expiring on Oct 5 trade at higher implied volatility (IV) compared to Oct. 25 options. The so-called IV kink points to a unusually
Lekker Capital’s Quinn Thompson Says Buying Bitcoin BTC’s Current Dip is a No-Brainer
Bitcoin has declined over 6% in the last seven days, slipping off the $66,000 threshold attained in late September . This downturn has sparked fear among investors, triggering a significant sell-off. Quinn Thompson, the chief investment officer at Lekker Capital, says this week’s Bitcoin dip is nothing compared to previous downturns. Thompson believes investors should
TeraWulf Offloads Nautilus Stake to Invest in Cheaper Bitcoin Miners and AI
Bitcoin miner TeraWulf has ramped up efforts to expand its BTC mining and AI data computing operations . According to a recent report, the firm sold its share in the Nautilus Cryptomine to Talen Energy for $92 million . It will invest the proceeds into AI data centers and buy better Bitcoin miners. TeraWulf Offloads
US Spot Bitcoin ETFs Record $54 Million in Outflows, Their Third Consecutive Outflow Streak
On Thursday, the US spot Bitcoin exchange-traded funds (ETFs) recorded the exit of $54.13 million, marking their third straight day of outflow. Similarly, Ethereum-based ETFs posted $3.20 million in net outflows , led by Grayscale’s ETHE, which recorded an outflow of $14.7. Meanwhile, the broader crypto market shows signs of recovery after a few days
Bitcoin Miner TeraWulf Sells 25% Stake in Nautilus for $92 Million
Bitcoin mining firm TeraWulf has sold its 25% stake in the Nautilus Cryptomine joint venture to its partner, a subsidiary of Talen Energy, in a deal worth about $92 million. The company plans to use the funds to expand its operations at the Lake Mariner facility, including building the 20 MW CB-1 operation for hosting
BitGo’s WBTC Retains Over 65% Market Dominance Despite Criticism of Custody Model: Report
Wrapped Bitcoin (WBTC), a wrapped version of Bitcoin developed by BitGo, Kyber Network, and Ren, continues to dominate the tokenized BTC market despite criticism around the project, according to Binance Research’s latest monthly report. The wrapped token represents Bitcoin at 1:1 on other blockchains such as Ethereum and Solana. This allows users to access BTC
Newsletter
Don't miss
among
Plateau among biggest beneficiaries of FG’s $750m renewable energy programme – Mutfwang
Flags off 1.5MW solar mini-grid, says state’ll become power exporter in two years. By Golok Nanmwa JOS – Plateau State Governor, Caleb Mutfwang, on Tuesday declared that Plateau had emerged as one of the biggest beneficiaries of the Federal Government’s 750-million-dollar renewable energy programme, disclosing that about 10 interconnected solar mini-grid projects would be implemented
Egypt
Egypt to launch sovereign industrial, African investment funds to drive economic growth
Egypt will launch a sovereign-led industrial investment fund to enhance manufacturing capabilities and boost exports, alongside a separate fund targeting private sector investments in Africa, Minister of Investment and Foreign Trade Mohamed Farid announced on Tuesday. During a meeting with Prime Minister Mostafa Madbouly, Farid outlined the proposed investment structure for the industrial fund, which
minister
Power minister courts local, foreign investors to boost industrial growth
The federal government has called on local and international investors to deepen their investments in Nigeria’s power sector to support economic and industrial growth. The Minister of Power, Joseph Tegbe, made the call in a keynote address delivered at the Project Hoover Series II Investor Forum in Abuja on Tuesday. Mr Tegbe said reliable electricity
Bitcoin
Hyperscale Data Buys More Bitcoin, Bridging Holdings to Over $72 million
Hyperscale Data, Inc. has announced that it’s upped its Bitcoin holdings to over 1,000 digital coins. The New York Stock Exchange-listed company said Tuesday that it had over 1,087.4527 BTC as of Sunday — or $72.4 million based on today’s prices. The holdings are split across the company’s wholly owned subsidiaries, Sentinum, Inc. and Ault
brief
Deals in brief: Ant International raises Series A funding, Granite-Integral backs Berlin-based Omio, 13 China investments, and more
News Written by Sudo Lim Published on 21 Jul 2026 8 mins read Ant International raises USD 1.2 billion in Series A funding Ant International, an independent subsidiary of Chinese financial technology company Ant Group, has raised about USD 1.2 billion in Series A equity financing. Ant Group, Alibaba Group, and other unnamed international investors backed the round.