Categories: Bitcoin Latest News

Why a selloff in gold and silver is dragging bitcoin down

Bitcoin has long been lumped in with precious metals as a hedge against a weakening dollar. That trade is unwinding on a hawkish Fed, and bitcoin is falling alongside the metals it was supposed to rival.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

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Swiss mega-bank UBS ramps up its Bitcoin exposure with a massive 24-fold surge in ETF call options

Direct holdings of IBIT also rose 12% to 407,890 shares, while put option exposure dropped…

14 hours ago

Paul Tudor Jones’ investment firm increases stake in BlackRock’s bitcoin ETF after year of selling

Calls fell 85.2% to 148,000 underlying shares, while puts slipped 1.4% to 715,000.Read MoreCoinDesk: Bitcoin,…

15 hours ago

Why the world’s second-largest Bitcoin mining power is shutting down rigs in its capital city

The Energy Ministry enacted the year-round restriction to mitigate power capacity shortages, as energy-intensive mining…

15 hours ago

Edelman Financial, Tudor Investment Reveal Significant Bitcoin Holdings

Bitcoin Magazine Edelman Financial, Tudor Investment Reveal Significant Bitcoin Holdings  Edelman Financial Engines has disclosed…

1 day ago

Abu Dhabi Sovereign Wealth Funds Keep Big Bitcoin Positions

Bitcoin Magazine Abu Dhabi Sovereign Wealth Funds Keep Big Bitcoin Positions  Bitcoin is the most…

1 day ago

Bitcoiners Warned After French Tax Authority Confirms Data Breach Affecting Hundreds of Thousands

Bitcoin Magazine Bitcoiners Warned After French Tax Authority Confirms Data Breach Affecting Hundreds of Thousands…

1 day ago