Bitcoin ETFs: $528M more, three-day haul exceeds $1B
US spot $BTC ETFs drew $528 million on Wednesday, lifting their three-session inflow total above $1 billion. Bitcoin briefly topped $84,700 before retreating. #Update #Bitcoin $BTC
Bitcoin
Bitcoin ETFs’ three-day haul surpasses $1B
U.S. spot $BTC ETFs drew $528 million on Wednesday, lifting three-day inflows to $1.08 billion. $BTC briefly topped $84,700 before retreating. #Update #Crypto $BTC
Coinbase Spotlights Eight Stories: Bitcoin Forecasts, AI
@JPMorgan projects 10% annual returns for $BTC, above stocks and gold; Swiss regulators approved a retail bitcoin fund expected to trade in November. #Update #Crypto $BTC
China seeks 61,800 BTC linked to fraud
Chinese prosecutors seek to confiscate over 61,800 $BTC tied to a $5.7 billion fraud scheme after a United Kingdom court ruled Chinese law governs victims’ claims. #Update #Legal $BTC
Bitcoin ETFs’ $1.08B three-day inflow; rally uncertain
$BTC ETFs drew $1.08 billion in three days, but @CoinDesk reports inflows have yet to reach the pace seen before past steep rallies. #Update #Crypto $BTC
Bitcoin’s $85,000 bid fades amid AI worries
$BTC broke above $84,000 late Wednesday, then fell back toward $82,500 support as tech futures slipped and @Tesla and @Meta earnings failed to ease AI concerns. #Update #Crypto $BTC
Strive, Strategy Shares Jump; Bitcoin Eyes $85K
@Strategy shares rose over 7% and @Strive gained more than 13% Wednesday as $BTC rebounded near $85,000; both recently disclosed multimillion-dollar bitcoin purchases. #Update #Crypto $BTC (+3) ↗
BIS Paper Misunderstands Bitcoin, Partly Echoes Saylor
A Bank for International Settlements paper argues $BTC lacks the credit system and public support needed for everyday payments. @saylor agrees credit matters but favors private products built on $BTC. #Update #Bitcoin $BTC
Bitcoin Hits Weekly High as Crypto Market Rebounds
$BTC rose 2.5% to about $84,500 as the crypto market rebounded from a dip below $80,000; easing oil prices and Treasury yields helped. #Update #Crypto $BTC
Proposed Tesla-SpaceX Merger Could Create Bitcoin Powerhouse
@Tesla and @SpaceX independent directors are exploring a merger, Elon Musk confirmed. Shareholder approval remains a hurdle; the companies already hold 30,221 $BTC worth about $2.54 billion. #Update #Crypto $BTC
SpaceX-Tesla Merger Would Create Bitcoin Treasury Giant
@SpaceX and @Tesla have formed committees to explore a merger that would put their combined 30,221 $BTC on one balance sheet. No deal or Bitcoin trades are announced. #Update #Crypto $BTC
Bitcoin tops $84K; $188M crypto shorts liquidated
$BTC reclaimed $84,000 on Oct. 21 as $188.14 million in crypto shorts were liquidated, including roughly $73.7 million in $BTC shorts. #Update #Crypto $BTC (+5) ↗
Bitcoin hits $84.6K as US stocks rise
$BTC rose nearly 2% to $84,600 as stocks gained after @SpaceX beat quarterly revenue expectations; crypto short liquidations neared $110 million in four hours. #Update #Crypto $BTC (+3) ↗
Bitcoin hits $84.6K as US stocks rise
$BTC rose nearly 2% to $84,600 as stocks gained after @SpaceX beat revenue forecasts. Crypto short liquidations neared $110 million in four hours. #Update #Crypto $BTC (+3) ↗