A Fed rate cut could reactivate the Bitcoin basis trade: analysis and signals for traders
A rate cut by the Federal Reserve can lower the cost of capital. This makes the Bitcoin basis trade attractive again. The arbitrage strategy, which...
Tag : Bitcoin
Crypto at a ‘growth cycle’ of mass adoption: toward 5.000 million users?
The crypto system enters a phase of quicker progress that could expand the user base from hundreds of millions to several billions. The coming together...
Metaplanet Approves $884 Million Share Sale to Sustain Bitcoin Strategy Amid Funding Challenges
by Jack Lawson
Metaplanet approved an $884 million capital raise plan to address a liquidity shortfall caused by a sharp fall in its share price. The resolution permits...
August recorded $163 million in crypto hacks, a 15% increase compared to July
by Jack Lawson
August ended with $163 million in stolen digital assets across sixteen incidents, representing a 15% increase from July according to PeckShield’s security analysis. These incidents,...
Strategy (ex-MicroStrategy) qualifies for the S&P 500, committee decision could come on Friday
A company formerly MicroStrategy meets the quantitative needs to be considered for the S&P 500, and confirmation could arrive this Friday according to specialized media....
Arizona House Prepares to Vote on Strategic Bitcoin Reserve
by jose
Arizona is on the brink of a groundbreaking decision that could position the state as a leader in cryptocurrency adoption. The Arizona House of Representatives...
Strategy Surpasses 500,000 Bitcoin Mark with $584 Million Purchase
TL;DR Strategy has surpassed 500,000 Bitcoin in its portfolio, reaching a total of 506,137 BTC valued at approximately $42.8 billion. The recent purchase of 6,911...
Strategy Expands STRF Preferred Stock Offering to $722.5 Million
TL;DR Strategy will increase its STRF preferred stock offering to $722.5 million, surpassing the initial $500 million goal. The funds raised will be used for...
Arthur Hayes Predicts Bitcoin Bottom at $77K—Is the Bull Market on the Horizon?
by jose
TL;DR Hayes’ Bullish Prediction: Former BitMEX CEO Arthur Hayes forecasts a Bitcoin bottom at $77K, stirring bullish sentiment despite its current $86K level. Fed Policy...
Minnesota Pushes Bitcoin Bill for Economic Growth
by federico
TL;DR Minnesota Senator Jeremy Miller has introduced the Bitcoin Act, aiming to position the state as a leader in cryptocurrency adoption and investment. The bill...