Bitcoin just hit another high, crossing $80, 000 briefly before settling around $79, 850. In just one day, traders lost over $370 million as prices surged, with most of the damage coming from bets that the price would fall. These "short" traders got caught off guard when the market moved up instead
A venture firm isn't letting market troubles slow it down. Blockchain Capital is hunting for $700 million to launch two new funds, even while crypto values have been sliding. The firm aims to close these funds within half a year. Other crypto investors are also managing to gather funds despite the d
Last week, crypto investment funds saw their best week since January, pulling in $1. 1 billion. That’s a big jump after five straight weeks of losses totaling $4 billion. Bitcoin led the charge with $871 million, while Ethereum bounced back with $196. 5 million after weeks of people pulling money ou
This week in crypto wasn’t just about price swings—it was a mix of big bets, identity mysteries, and tech clashes. One company went all-in on Ethereum, snapping up over 71, 000 coins in a single move. That’s like buying a mansion in Monopoly while everyone else is still trading houses. The company’s
The two biggest public pension plans in California, CalPERS and CalSTRS, have found themselves tied to the world of digital money. They haven’t bought any Bitcoin directly; instead, they hold shares in companies that are closely linked to the crypto market. The biggest names on their balance sheets
Dragonfly Capital, a crypto investment firm, just raised a massive $650 million fund, even though the crypto market is in a slump. This is a big deal because many other investors are pulling back right now. The firm's managing partner, Haseeb Qureshi, admitted it's a strange time to celebrate. He po
Investors are showing a lot of interest in crypto-related stocks. Ark Invest, a company known for its bold moves, recently spent $18 million on these types of stocks. This included buying shares in Bullish, a crypto exchange, for the tenth day in a row. They also invested in Robinhood, a trading pla
Bitmine, a major player in the crypto world, just added a huge chunk of Ether (ETH) to its staking balance. They now have over 4. 2 million ETH, with more than 2 million of those staked. This move could bring in around $164 million every year, just from staking rewards. That's a lot of money! Bitmi
Crypto in 2025 didn't go as planned. Bitcoin (BTC) hit its usual peak, but the big market boom everyone expected didn't happen. This left many investors feeling unsure about what would come next. Surprisingly, big companies, banks, and regulators are now working together more than ever before. This
Big things are happening in the world of crypto. Let's dive in. First up, Strategy, a major player in the crypto game, just bought a ton of bitcoin. We're talking about 1, 229 coins, which cost around $108. 8 million. That's a lot of money! Now, Strategy owns a whopping 672, 497 bitcoins. That's a
