After hovering just below the $ 100,000 line throughout the second half of November and early December, Bitcoin managed to soar past the historical milestone on December 5th. Although its price has fluctuated since, the leading cryptocurrency recorded a new high today when it briefly went past $ 106,000. Investors are now looking …
Riot Platforms to Raise Funds for Bitcoin Acquisition
Riot Platforms, Inc. announced a proposed $ 500 million private offering of convertible senior notes to fund bitcoin acquisitions and corporate initiatives. Riot Announces $ 500 Million Private Note Offering Riot Platforms, Inc. (Nasdaq: RIOT), a bitcoin mining company, disclosed plans for a $ 500 million private offering of convertible senior notes …
Institutional Investors Pour $376M Into Bitcoin ETFs; Ether Funds See $83M Boost
On Friday, U.S. spot bitcoin exchange-traded funds (ETFs) amassed inflows of $ 376.59 million, while spot ether funds raked in $ 83.76 million. Crypto ETFs Continue to Shine Throughout the week, the 12 spot bitcoin ETFs saw steady inflows daily, culminating in Friday’s impressive $ 376.59 million haul. Leading the charge was …
Bitcoin ETF Inflows Climb While Ethereum Funds Face a Day of Losses
Based on the latest figures from Tuesday’s exchange-traded fund (ETF) trading sessions, the 12 spot bitcoin ETFs experienced another day of positive inflows, totaling $ 371.02 million. In contrast, the nine ethereum-based ETFs recorded outflows, with $ 12.7 million exiting the ether funds. Bitcoin ETFs Pull in $ 371M While Ethereum Funds …
Tesla Relocates $760M Worth of Bitcoin, While Spacex Funds Remain Untouched
On Oct. 15, 2024, Tesla initiated a transaction, transferring 1,800 BTC at precisely 5:03 p.m. EDT at block height 865,811. Following this initial move, the company shifted a grand total of 11,509 BTC, valued at more than $ 760 million, from its well-known wallets. At this time, it’s suspected that the funds have been …