Tag: Financial news
Gemini Appoints New CFO in Preparation for IPO
Gemini Appoints New CFO in Preparation for IPOGemini, a prominent crypto exchange, has taken a significant step forward in its journey towards a potential initial public offering by appointing a new chief financial officer....
Stock Market Correction: S&P 500 and Nasdaq Trends
As the world grapples with the aftermath of the recent stock market correction, a stark contrast emerges between the performance of traditional equities and the ever-volatile cryptocurrency market. Since President Trump's election victory in...
Wisconsin Boosts Bitcoin ETF (BTC) Stake
Wisconsin's Investment Board Doubles Down on Bitcoin ETF HoldingsWisconsin's State Investment Board (SWIB) made a bold move in the cryptocurrency market, significantly increasing its stake in BlackRock's iShares Bitcoin Trust (IBIT) over the last...
Overseas Buyers Lead Bitcoin Price Ahead of CPI Release
Bitcoin's price action is being led by overseas buyers on Binance ahead of the CPI release, marking a significant shift in market dynamics. The Coinbase premium indicator, a key metric that tracks the spread...
Tiger21’s Ultra Rich Allocate $6B into Crypto, Founder Reveals
The founder of Tiger21, Michael Sonnenfeldt, recently shared some fascinating insights during an interview on CNBC. He revealed that the ultra-rich members of Tiger21 have collectively invested approximately $6 billion in bitcoin and other...
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...
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...
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,...
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...
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...














