CryptoSlate
Latest from your sources
FOLLOW THE THREAD · PUBLIC SOURCE

CryptoSlate

Crypto & Web3

cryptoslate.com

Cryptocurrency News and Real-time Coin Data

Latest stories from CryptoSlate. Read, like, and join the conversation.

Topics from CryptoSlate
Stories tagged Bitcoin · Clear filter

Strategy’s deployable cash falls 45% as buybacks outpace Bitcoin purchases

Strategy‘s deployable USD Cash fell 45.3% during the week ended Nov. 1, from $242 million to $133 million, as preferred-stock buybacks exceeded its Bitcoin purchases. That balance is available for broader treasury uses. Strategy also held a separate $4.79 billion USD Reserve intended for preferred-stock dividends and debt interest. The company bought 811 Bitcoin between… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Read at CryptoSlate

OneKey founder warns BlackRock’s Bitcoin ETF could be a North Korean target

North Korean hackers could target BlackRock's $62 billion Bitcoin exchange-traded fund (ETF), crypto wallet maker OneKey founder Yishi Wang warned. “I suspect IBIT is already on North Korea's shortlist,” Wang said, following the $6 billion Binance hack that US authorities attributed to North Korea's TraderTraitor operation. The warning puts fresh attention on Coinbase, which serves… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Read at CryptoSlate

Zero-token withdrawals let a hacker drain 97 million CORE from Bitcoin staking platform b14g

Bitcoin staking platform b14g suffered a $1.47 million exploit on Oct. 31, losing approximately 97 million CORE tokens. The attacker drained 91 staking positions in a single transaction by submitting withdrawal requests for zero CORE, according to an investigation by blockchain analytics firm Bitquery. The staking platform confirmed the unauthorized withdrawals and said it had… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Read at CryptoSlate

AI wants Bitcoin miners’ power, but the contracts reveal who really gets paid

Bitcoin miners spent years securing cheap electricity, building substations, and negotiating the grid connections needed to power their operations. Now AI companies want those connections so badly they're willing to make aging mines valuable real estate. The ASICs that mine Bitcoin are practically useless for training AI models, but the land, substations, and power agreements… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Read at CryptoSlate

Saylor calls new Bitcoin bull market, but Strategy’s own numbers reveal a costly problem

Strategy posted a record $20.9 billion in third-quarter operating income as Michael Saylor declared a new Bitcoin bull market. The company's Oct. 29 financial results showed net income of $19.5 billion, compared with roughly $2.8 billion a year earlier. The record operating income came almost entirely from a $20.9 billion gain from changes in the… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Read at CryptoSlate

Bitcoin fell after the Fed’s pause, but blaming interest rates misses the Binance shock

he Federal Reserve asked for more information before changing interest rates. Eighteen and a half hours later, the economy supplied it: growth was strong, inflation remained elevated, and households were spending more without buying much more. But before investors could settle what that combination meant for Bitcoin, a Binance security breach raised a more immediate… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Read at CryptoSlate

Bitcoin whipsaws below $79,000 as Binance hot wallet reportedly drained by Tornado Cash-linked wallet

Bitcoin hit an intraday low of $78,297 on Binance spot on Oct. 29 and sat near $79,126 at press time, as large transfers left Binance-labeled wallets. Binance shared on X that the exchange is “aware of reports of a potential security issue and are actively investigating.” It added: “Our security teams are reviewing all relevant… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Read at CryptoSlate

Strategy makes record $205 million STRC buyback as Strive spends $511 million on Bitcoin

Bitcoin treasury firms Strategy and Strive made record purchases last week, but directed their capital toward different assets. While Michael Saylor's Strategy intensified its preferred-stock buybacks, Strive accelerated its Bitcoin accumulation, highlighting diverging priorities in how the companies deploy capital. Strategy's STRC purchases exceed $2 billion Strategy's Bitcoin buying streak ended after five consecutive weeks… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Read at CryptoSlate

Bitcoin’s usual lifeline is failing as a bond market warning puts $80,000 at risk

Bitcoin briefly lost the $81,000 footing on Oct. 22, while the Nasdaq lost more than 2%, spot gold dropped about 2.7% to $4,025, and silver sank about 5.8% to near $54.63. The 10-year Treasury yield fell from 5.146% to below 5%, marking its biggest one-day drop in more than two years. Brent crude hit an… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Read at CryptoSlate

Bitcoin’s $80,000 floor faces Friday inflation test as ETF inflows lose momentum

Bitcoin holds the $80,000 area, where Glassnode places the estimated average acquisition costs of US spot Bitcoin ETFs and publicly traded corporate treasuries, while ETF inflows slowed by 95.6% in a day. Farside Investors recorded $526.7 million in net inflows on Oct. 19 and $23.2 million on Oct. 20, with both sessions positive. A $26… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Read at CryptoSlate

Tesla–SpaceX merger talks could put 30,221 Bitcoin under one roof

Elon Musk confirmed that Tesla and SpaceX are exploring a merger that could combine their existing Bitcoin holdings under one company. Speaking during SpaceX's Oct. 20 earnings call, Musk said both companies had established special committees of independent directors to evaluate a potential combination. Musk described the merger as a good idea but said he… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Read at CryptoSlate

Bitcoin fell 1.3% while Nasdaq-100 lost 5.5% in last week’s tech selloff

Bitcoin lost less than the Nasdaq-100 in last week's tech selloff. Hedge funds cut technology positions at the fastest pace since at least 2016 over the five trading sessions through Oct. 15, according to a report citing Goldman Sachs prime brokerage data. The Nasdaq-100 fell 5.49% from its Oct. 9 close of 30,883.15 to 29,187.55… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Read at CryptoSlate

BlackRock’s proposed Bitcoin ETF would hold no Bitcoin or spot ETF shares

BlackRock filed with the SEC on Oct. 19 for the iShares Bitcoin Managed Protection ETF (PBIT), a fund that would hold options and fixed-income securities and gain Bitcoin exposure through derivatives. The preliminary prospectus excludes direct Bitcoin and spot Bitcoin ETP holdings. The securities cannot be sold until the registration statement becomes effective. Money that… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Read at CryptoSlate

Make it part of your feed.

Sign up or log in to continue.