Bitcoin Prediction Markets Yield 100x Returns
Prediction markets @Polymarket and Kalshi correctly predicted most U.S. election results, with one standout bet on Mikie Sherrill’s victory offering nearly 100x returns. #Update #Finance
Bitcoin News
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin Treasury Secures $100M Loan Boost
Metaplanet Inc. borrows $100M against bitcoin holdings to finance acquisitions and strengthen its balance sheet amid market downturn. #Update #Crypto $BTC
Bitcoin Mining Raise Hits $72M with Backing
@Canaan refocuses on ASIC chip design and high-performance computing as it raises $72M for Bitcoin mining, backed by Brevan Howard, Galaxy, and Weiss. #Update #Crypto $BTC
Bitcoin ETF Launches BlackRock Eyes Australia
BlackRock launches a Bitcoin ETF on the ASX with a 0.39% management fee, offering Australian investors regulated exposure to $BTC without direct custody. Crypto $BTC
Bitcoin Launches Visa Payments with Paera
@Tangem Pay has launched a virtual Visa card allowing users to spend $USDC globally, integrating with Tangem’s self-custodial hardware wallet. #Update #Crypto $USDC
XRP Price Decouples From Bitcoin Surge
Crypto analyst Arthur predicts $XRP will decouple from $BTC due to Ripple’s new brokerage platform and stablecoin growth, potentially redefining XRP’s market role. #Update #Crypto $XRP
Bitcoin Traders Target $140K December Strikes
Bitcoin trades above $103K as derivatives activity intensifies; options traders target $120K and $140K strikes for December. #Update #Crypto $BTC
Bitcoin Secures $100M for Treasury Purchases
@MetaPlanet resumes Bitcoin treasury purchases after a month-long hiatus, securing $100M in funding. The firm now holds 30,823 BTC valued at $3.33B. #Update #Crypto $BTC
Bitcoin Launches with Former UK Finance Minister
Former UK Chancellor Kwasi Kwarteng joins @StackBitcoinTreasury as an independent director, focusing on bitcoin investment and digital asset accumulation with operations launching by year-end. #Update #Crypto $BTC
Bitcoin Startup Future Raises $34.5M Funding
@Future, co-founded by Adam Back, has raised $34.5 million in a funding round led by Fulgur Ventures and Tobam, emphasizing Switzerland’s increasing role in institutional Bitcoin adoption. #Update #Crypto $BTC
Bitcoin Experts Slam France Crypto Tax
France’s National Assembly passed a crypto wealth tax amendment, imposing a 1% annual tax on holdings over $2.2M, sparking industry criticism for potentially stifling innovation. #Update #Crypto
Bitcoin Ethereum ETFs Lose $797M Solana Surges
Bitcoin and ether ETFs lost $797M, while solana ETFs gained $15M, defying the market trend. #Update #Crypto $SOL
Bitcoin Collateralized $100M Loan Secured by Metaplanet
Metaplanet, a Japanese investment firm, secured a $100M loan using its Bitcoin holdings as collateral, accessing traditional credit markets while retaining its Bitcoin position. #Update #Crypto $BTC
Bitcoin Secures 28M Francs for Treasury
Future Holdings AG raises 28 million Swiss francs ($35 million) to enhance its bitcoin treasury services, aiming to bridge traditional finance and bitcoin in Europe. #Update #Crypto $BTC