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Bitcoin plummets as $9 billion Mt. Gox payout begins and government selling adds pressure

The bankrupt Mt. Gox crypto exchange still holds about 140,000 bitcoin and has started to repay cre…

Matthew Fox   


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Robinhood owns $3 billion in bitcoin, making it the 3rd-biggest holder of the token

The trading platform has billions of the crypto in a single wallet, and it sits behind Binance and …

Phil Rosen   


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A 'buy bitcoin' sign flashed behind Janet Yellen during a 2017 hearing just sold for $1 million

The sign, scrawled on a yellow legal pad, was held behind Janet Yellen during a 2017 Congressional …

Yuheng Zhan   


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2 mins read

The Grayscale Bitcoin Trust is now the largest public holder of bitcoin, but competition is heating up

The Grayscale Bitcoin Trust likely owns 700,000 bitcoin, which represents about 3.5% of total suppl…

Matthew Fox   


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Jack Dorsey's Square reports Q1 bitcoin revenue grew 1,000% to $3.5 billion - and is the 3rd-largest corporate holder of the cryptocurrency

Square now holds 8,027 bitcoin, making it the third-largest publicly-traded holder of the digital a…

Shalini Nagarajan   


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One of the world's largest bitcoin miners will shut off thousands of mining rigs tied to bankrupt Celsius as part of the firms' bankruptcy proceedings

One of the world's largest bitcoin miners will shut off over 37,000 mining rigs tied to Celsius as …

Morgan Chittum   


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Morgan Chittum   


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4 mins read

Bitcoin’s largest corporate investor wants to buy more despite taking a loss — and it has $1.5 billion to spend

Due to the dip, the overall value of the Bitcoin in MicroStrategy’s kitty was at $2.051 billio…

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Bitcoin holders saw net losses of more than $2.5 billion last week in a 'capitulation for the history books,' crypto research firm says

From May 17 to May 24, bitcoin holders realized net losses of $2.56 billion according to data from …

Will Daniel   


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A luxury $22.5 million Miami penthouse was sold in the largest crypto real estate purchase to date

The 5,067-square-foot unit comprises the entire ninth floor and offers a 360-degree view of Miami's…

Isabelle Lee   


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3 mins read

Tesla ditched bitcoin payments but it's still the 2nd-biggest corporate holder. 6 experts break down why its holding poses major risks to investors.

Tesla's announcement that it poured $1.5 billion into bitcoin excited investors, but the recent vol…

Shalini Nagarajan   


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Bitcoin could soar to $180,000 before the April 2024 halving as potential BlackRock ETF helps drive demand, Fundstrat says

"We anticipate [a bitcoin ETF] would attract new investors and generate increased demand for bitcoi…

Matthew Fox   


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BlackRock has joined the bitcoin business - the world's largest asset manager has said two of its funds can now invest in the cryptocurrency

The clients of the world's largest asset manager will be able to invest in cryptocurrencies for the…

Shalini Nagarajan   


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Senators introduce bipartisan legislation for cryptocurrencies that would split regulatory oversight between the SEC and CFTC

As "most digital assets are much more similar to commodities than securities, the bill gives the CF…

Matthew Fox   


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Michael Saylor says MicroStrategy stock is essentially serving as a spot bitcoin ETF as investors wait for the first one to be approved

'We're kind of like your nonexistent spot ETF,' Saylor told CNBC about MicroStrategy. The tech comp…

Carla Mozée   


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1 min read

An anonymous bitcoin whale reportedly bought $150 million worth of the cryptocurrency during its recent price crash

The anonymous bitcoin holder's portfolio stood at nearly $6 billion with the new crypto purchases.

Carla Mozée   


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Ray Dalio warns 'money as we know it is in jeopardy' and favors an inflation-linked cryptocurrency over bitcoin

The Bridgewater Associates founder also told CNBC that he sees China's yuan and digital renminbi ma…

Brian Evans   


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3 mins read

The UK will release plans to regulate the crypto market soon, and it's talking to the Winklevoss' Gemini among others about the move: report

The UK's new rules for the crypto market should arrive in coming weeks, and they are likely to be f…

Adam Morgan McCarthy   


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Ether falls as the FTX hacker dumps $74 million worth of the token and swaps it for bitcoin

Fears of an FTX contagion continue to spread through the crypto sector, hitting major tokens like e…

Phil Rosen