BitMine Immersion Technologies (BMNR), the world’s largest Ethereum-focused treasury company, is now sitting on nearly $8 billion in paper losses for ether ETH$2,113.11 fell below $2,000 on Thursday. The firm, managed by well-followed Wall Street bull Thomas Lee, accumulated 4.29 million ETH at an estimated cost of $16.4 billion, according to data from DropStab. That […]
BitMine (BMNR) faces $8 billion paper loss on ether hold Read More »
Strategy (MSTR), the world’s largest publicly traded bitcoin holder BTC$71,091.27is experiencing a rapid increase in losses on its large holdings. The company currently owns 713,502 BTC at an average acquisition price of $76,052. With spot bitcoin trading near $67,000, this represents an unrealized loss of nearly $6.5 billion, or about 12% relative to the average
Michael Saylor’s strategy’s BTC losses grow to $6.5 billion Read More »
In today’s newsletter, Glenn Williams Jr of ProShares writes about growing investments in cryptocurrencies outside of bitcoin. Then Michael Sena of Recall Labs answers questions about portfolio construction and diversification in Ask an Expert. – Sarah Morton Investors are expanding their crypto horizons As the number of cryptocurrencies has grown, so has investors’ appetite for
Investors are expanding their crypto horizons Read More »
CoinDesk Indices presents its daily market update highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2006.57, down 6.6% (-142.38) since 4 PM ET Wednesday. None of the 20 assets are trading higher. 09:00 CoinDesk 20 update for 2026-02-05: vertical Leaders: AAVE (-5.1%) and SOL
Ripple (XRP) falls 12.2% as index falls Read More »
German lender Deutsche Bank (DB) says bitcoins BTC$70,407.52 the latest slide is less about a single macro shock and more about a slow erosion of conviction across institutional and regulatory fronts. In a Wednesday note, the bank argued that three forces are weighing on the asset: persistent institutional outflows, a breakdown in bitcoin’s traditional market
The race to modernize capital markets with blockchain is heating up — and Europe could blow its early lead to the United States, a group of blockchain firms warned in a letter Thursday. Eight EU-regulated digital asset firms – Securitize, 21X, Boerse Stuttgart Group’s Seturion, Central Securities Depository, Lise, OpenBrick, STX and Axiology – are
EU risks falling behind US in tokenisation, digital asset firms warn Read More »
Institutional attitudes toward bitcoin dividends are beginning to shift, and there is now renewed interest in BTC rewards after years of skepticism fueled by smart-contract risk, leverage and opaque strategies, GlobalStake co-founder Thomas Chaffee told CoinDesk on Thursday. Products that allow users to earn a return on their bitcoin holdings often require BTC to be
GlobalStake Rolls Out Bitcoin Yield Gateway As Institutions Revisit BTC Yield Read More »
By Omkar Godbole (All times ET unless otherwise noted) With bitcoins BTC$69,270.10 bear market raging and prices falling to their lowest since November 2024, its core pitch, a hard cap of 21 million supplies, is facing fresh skepticism. Some observers say alternative investment vehicles like ETFs, cash-settled futures and options and other services like prime-broker
Bitcoin’s (BTC) 21 Million Supply Cap Won’t Help Stop Selloff: Crypto Daybook Americas Read More »
Perma bears, like their hyper bullish counterparts, love to shoehorn into the chaos to support their gloom. Take Michael Burry, the “Big Short” oracle of doomsday call fame, who is now comparing bitcoin’s ongoing bear market to the brutal 2022 plunge, suggesting ominously that this crash has legs that run much deeper. In a post
‘Big Short’ Michael Burry Flags Bitcoin Pattern Predicting Drop to Low $50,000s Read More »
