Recent rapid redemptions explain the market swoon. Bitcoin's spot price fell below $70,000 on Friday, the lowest since August. Bitcoin fell below $70,000 as crypto sentiment hit its lowest level in more than four months, with analysts warning of institutional outflows, thinning liquidity and elevated leverage.
Jane Street ended Q3 with 19% fewer shares in BlackRock’s Bitcoin ETF, and a higher share price lifted the stake’s value to $957 million. Jane Street raised its Fidelity Bitcoin ETF stake nearly eightfold in Q3 while trimming BlackRock IBIT shares, according to September SEC filings. Jane Street raises Fidelity Bitcoin ETF stake to $509M, cuts BlackRock IBIT shares
Bitcoin price action interacted with its 200-week simple moving average for the first time since mid-August as it fell below $68,000. At the start of the week, we outlined the most significant macro events that were expected to rattle the markets. While some did, we couldn’t have envisioned the dramatic Nvidia CEO saga, which unraveled quickly and led to some major fluctuations across all financial fields.
Bitcoin was down about 4% on the day amid a tepid market reaction to October’s US PPI reading, which came in below expected levels.
Bitcoin sales, valuation losses and rising borrowing costs weighed on the Japanese company’s earnings despite higher revenue and operating profit.
A $5.8 million Bitcoin options loss pushed Nakamoto’s quarterly operating revenue below zero, while the company extended repayment of $60 million in Kraken debt to 2027. Bitcoin valuation gains drove an $85.5 million profit, while part of the loss-making options program provides downside protection tied to Kraken loan collateral.... Read the full story at The Defiant
Blockstream’s new custody system, developed with Thales, uses dedicated hardware for transaction signing as Adam Back advocates for offline security to reduce cyber risks.
Institutional caution and Bitcoin volatility may drive a shift in crypto investment strategies, impacting market dynamics and investor sentiment. US spot Bitcoin ETFs recorded $185.4 million in net outflows Friday, with BlackRock’s IBIT accounting for $143.5 million and Fidelity’s FBTC shedding $41.9 million. Bitcoin ETFs shed $2.35B in 2 weeks, BlackRock’s losing streak hits 11
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
Cardano's ADA token is down almost 95% from its all-time high, and investors don't seem to be happy that the roadmap is complete. Cardano founder Charles Hoskinson said he has finished all the work planned for the network and kept every promise he made. However, some ADA investors disagreed, with the token still trading more than 94% below its record high in 2021.
Kraken’s parent company, Payward, earned much less in the third quarter because fewer people traded crypto, according to the company’s financial results for the third quarter of 2026. The falling price of bitcoin is… The company has not listed its shares on the stock market yet, and it is trying to prove it can earn through a down cycle. Why is Payward earning less? Kraken’s parent company, Payward, makes most of its money from fees when people buy and sell crypto.
On November 12, the White House nominated four candidates to fill vacancies at the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC). As of Friday, the SEC only had two commissioners and the CFTC had one commissioner. The nominees are introduced at a time when the CLARITY Act is still stuck in Congress.
Abu Dhabi’s royal family-linked Bitcoin mining company, Citadel, reportedly holds approximately $532M worth of Bitcoin. The latest report was published by analytics company Arkham, as Citadel continues to produce Bitcoin through its UAE operations. Citadel’s Bitcoin accumulation drew public attention following the country’s growing involvement in Bitcoin mining and the role state-linked companies are playing
The Bitcoin price has rebounded following the release of the October PPI inflation report, with the data coming in below expectations. As a result of the lower-than-expected reading, crypto traders have also pared back bets on potential Fed rate hikes over the coming months. Ad Ad Bitcoin Rebounds as PPI Inflation Rises Below Expectations The
Global index fund giant MSCI will be adding Bitcoin treasury company The Smarter Web Company (SWC) to its Micro Cap Index at the end of this month. This development comes just two days after the company announced that it will remove Strategy (MSTR) from its global equity benchmarks, effective after the market close on November
US spot ether ETFs recorded a sixth session of net withdrawals, while the next day's flow tally remained incomplete.... Read the full story at The Defiant Ethereum price hovered at $1,898 on Saturday after falling below $1,900 during a broader crypto selloff.
The Crypto Greed and Fear Index has dropped to extreme fear yet again, after posting a 13 reading on Saturday, November 14. This level marks its lowest reading in roughly five months as a broad weekend sell-off accelerated, with Bitcoin dropping to $67,000 region. Ad Ad Crypto Sentiment Weakens Amid Broad Weekend Market Slump Crypto
