Average IBIT investor now down about 40% as spot bitcoin ETFs cap second-worst week on record
Friday's $444.51 million net outflow capped a seventh straight negative week, the longest weekly run on record for the category.
Billionaire Jeremy Grantham Dismisses Bitcoin, Says Crypto Will Fade 'With a Whimper'
The seasoned investor has little faith in Bitcoin's staying power, expecting crypto to quietly fade away over time.
Strategy loses its bitcoin premium as enterprise mNAV dips below 1
Strategy's STRC briefly fell to a record low of $71.40 on Friday, leaving the preferred shares about 25% below par.
Ripple CEO says Michael Saylor has hurt crypto market as Strategy's STRC trades 25% below by
“Financial engineering does not drive long-term value ... long-term value of any digital asset is going to be driven by utility,” said Garlinghouse.
Solana DAT stocks climb double digits as SOL jumps 9%
Sol Strategies (STKE) climbed as much as 22% to a high of $1.20 on Friday, outpacing other crypto treasury stocks.
Base suffers second mainnet stall in two days
Base block production resumed as of 16:11 UTC, following an alert to another mainnet chain stall at 15:33 UTC.
Tokenization firm Securitize eyes early July NYSE debut with $400 million SPAC deal
Seeking to debut next week, Securitize will receive roughly $400 million after retaining more than 70% of its SPAC trust.
DraftKings launches its own prediction markets exchange as consumer volume exceeds $3 billion
The company said its prediction markets vertical has generated approximately $3.4 billion in annualized consumer volume.
South Korea Fines Bithumb 210M Won For Unauthorized Overseas Data Transfers
South Koreaâs privacy regulator reportedly fined Bithumb 210 million won over overseas user-data transfers involving order-book and wallet details.
Strategy's Saylor Acknowledges 'Volatility Test' as STRC Hits New Low on Bitcoin Weakness
Strategy’s flagship preferred stock tumbled again when US markets opened, setting another record low as Bitcoin lingered below $60,000.