A Polymarket bet on Bitcoin's pseudonymous creator, Satoshi Nakamoto's activity saw a sudden uptick on Oct. 15. The bet "Will Satoshi move any Bitcoin in 2025?" spiked 15% for some time before crashing down to 5%. This sudden spike-and-fall incident caused some traders to lose their positions. Traders hit with losses As per Polymarket data, one trader by the username 1897sadhjns444dpoasdp placed more than $13,000 on “Yes” at an average price of 10 cents a share. They saw their current value drop by near ...

A sharp crypto sell-off followed a policy jolt from Washington. Late Friday, President Trump threatened a 100% tariff on Chinese goods. With stock markets closed, the first reaction hit venues that never sleep. Price gaps grew, liquidity thinned, and leverage cracked. Another shock arrived when U.S. and UK authorities unveiled a sweep against a Cambodia-based fraud network, including custody of roughly $15 billion in Bitcoin. Concern rose over large off-exchange holdings, and risk appetite stayed weak. Wh ...

Riding the waves or just cruising? https://t.co/kFVN3ryS4q ...

We recently published 10 Stocks Hammered Harder than Wall Street. Bitmine Immersion Technologies, Inc. (NYSEAmerican:BMNR) is one of the worst performers on Tuesday. Bitmine Immersion dropped its share prices by 6.91 percent on Tuesday to close at $52.92 apiece as investors resorted to profit-taking to take advantage of the previous day’s gains, buoyed by another round of acquisition of Ethereum tokens. In a statement, Bitmine Immersion Technologies, Inc. (NYSEAmerican:BMNR) said it acquired over the pas ...

All too often, when advisors and investors look to add crypto exposure to their portfolio, they'll add bitcoin exposure and stop there. To be fair, it's understandable why many traditional advisors and investors go about gaining crypto access this way. For them, bitcoin likely comes off as the most legitimized cryptocurrency of its kind. They don't even think to look deeper within the crypto space. However, there are plenty of rewards waiting for those who are willing to do so. Take altcoins, for example. ...

Bitcoin (BTC) is lagging its usual October pace but at least some analysts say its steadiness near the $111,000 mark signals strength, not weakness. The price action today will be familiar to frustrated bitcoin bulls, with gold and silver surging yet again to new record highs and U.S. stocks in the green. Bitcoin, though, remained under pressure, slipping 1.2% over the past 24 hours to $111,500. Losses were somewhat steeper across the rest of the crypto sector, with ether and XRP dipping 3% and solana and ...

Former TD Ameritrade chairman Joe Moglia declared on Tuesday that every financial asset will be tokenized within five years, warning that traditional finance has yet to fully accept this inevitable shift. Speaking on CNBC, Moglia stated, “Five years from now, there’s not going to be a stock, there’s not going to be an option, not going to be a mutual fund, ETF, anything that’s not in effect tokenized.“ The prediction comes as real-world asset tokenization has surged past $33.91 billion, up 10.14% in 30 d ...

Among the veteran investors, nobody can point fingers at Cathie Wood for not taking enough risks. After all, her investment firm ARK Invest regular scoops up shares of major crypto companies. Wood is very bullish on Bitcoin's future, predicting a $1.5 million price for the king coin. Now, as the spot exchange-traded funds (ETFs) linked to Bitcoin have received an invigorated response in the wake of Federal Reserve Chair Jerome Powell's dovish comments on interest rate cuts, Wood didn't want to be left be ...

Galaxy Digital is courting everyday investors with a new banking platform called GalaxyOne that is being led by Zac Prince, the co-founder and former CEO of BlockFi, a retail-focused wealth management platform that filed for bankruptcy after the collapse of cryptocurrency exchange FTX. Prince joins Scarlet Fu on "Bloomberg Crypto". ...

The most recent digital token wipeout became the largest crypto liquidation event of all time, according to Coinglass. Neha Narula, director of the Digital Currency Initiative at the MIT Media Lab, talks with Bloomberg's Scarlet Fu on "Bloomberg Crypto". Narula is also on the board of directors for Block and the Innovation Advisory Council for the Federal Reserve Bank of New York. ...