Tag: Financial news

news-27112024-234356

IREN Stock Price Surges Due to Hyperscaler Interest and Potential Bitcoin Dividend

IREN's stock price experienced a significant surge of 30% following discussions about the company's fiscal first-quarter earnings on a conference call. This increase was primarily driven by the revelation that IREN had garnered interest...
news-18112024-100245

Metaplanet Announces $11.3M Debt Sale for Bitcoin Acquisition

Metaplanet, a Tokyo-listed company, is following in the footsteps of MicroStrategy by announcing a debt sale to increase its bitcoin (BTC) holdings. The company has revealed that it will issue one-year bonds with a...
news-15112024-155040

Bitcoin ETF Investors Profit-Taking Breaks 6-Day Win Streak with $400M Outflow, BlackRock Holds Inflow

Bitcoin ETF investors have decided to cash in on their profits as a six-day winning streak comes to an end, resulting in a significant $400 million outflow across various ETFs on Nov. 14. However,...
news-08112024-153430

D.O.G.E Memecoin Surges 100% with Elon Musk’s Trump Connection

A parody cryptocurrency named D.O.G.E memecoin has seen a significant 100% surge in value over the past 24 hours, leading to an increase in trading volumes and demand. This surge can be attributed to...
news-08112024-093236

Bitcoin ETFs Gain $1.3B Inflows Amid Trump Win and Fed Rate Cuts

Bitcoin ETFs in the U.S. have experienced a significant increase in net inflows following Donald Trump's presidential win. The total inflows reached a record-breaking $1.38 billion, with BlackRock's IBIT leading the way with over...
news-27072024-055733

BTC Dominates Crypto Market as Ether Price Falls in Reflection of Bitcoin ETF Launch

Bitcoin stood out in the cryptocurrency market during the Asia trading session, gaining 4.4% and reaching $67,000 while the CoinDesk 20 Index rose by 3.3%. Other tokens like Solana's SOL, ether (ETH), BNB Chain's...
news-24072024-203720

Is Donald Trump Protecting Bitcoin from Tech Stock Decline?

Since the market opened yesterday, the S&P500 has lost 1.8%, the tech-heavy Nasdaq-100 is down 3.0% and tech darling Nvidia (NVDA) has bled 5.3%. Normally, bitcoin follows stocks (especially tech stocks) on their...
news-15072024-022759

Bitcoin Price Hits Record High Over $63K Amid Trump Assassination Attempt

Bitcoin's price surged to a record high of over $63,000 after news of a failed assassination attempt against former US president Donald Trump. The cryptocurrency reached a multi-week high of $62,980, with experts attributing...
news-13072024-150550

Germany Sells Majority of Bitcoin Holdings, Holding Less Than 5K Tokens

The German state of Saxony has been selling off its bitcoin holdings at a rapid pace, with another batch of confiscated assets being moved to various crypto exchanges and brokers on Thursday. According to...
news-12072024-125730

Genesis Trading Transfers 12.6k BTC to Coinbase for Asset Liquidations

Genesis Trading recently made a significant move by transferring 12,600 Bitcoin (BTC) to Coinbase, totaling about $719.9 million. This transfer comes after a legal settlement with the State of New York, requiring Genesis to...