Category: Bitcoin
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Revolut Exposed Passports and Bitcoin Records After Fake Government Request: Report
The exposed information was sensitive, extensive, and included identity documents, financial records, and crypto activity. On-chain investigator ZachXBT revealed earlier today that Revolut had disclosed highly sensitive personal and financial information belonging to certain customers after receiving what appeared to be an authentic government request. The company sent emails to the affected users, admitting…
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US CPI Data Sparks Risk-Asset Upside as Bitcoin Eyes $80,000 Mark
Bitcoin (BTC) returned to $79,000 on Friday after key US inflation data broadly conformed to expectations. Key points: US core CPI inflation data gained 0.3% month-on-month, surpassing expectations of 0.2%. Implied probabilities of an interest-rate hike by the Federal Reserve at the Sep. 16 meeting rose to 85%. US bond yields will cause Bitcoin pain…
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Wealth Managers Signal Crypto Shift With 60% Planning Allocations
Key Takeaways 60% of wealth managers polled planned crypto allocations within a year. Another finding showed 60% expected higher crypto prices by year-end. Broader adviser research shows growing exposure alongside access barriers. Polled Wealth Managers Signal Plans for Crypto Exposure Potential crypto demand emerged from a presentation to 400 wealth managers, with 60% of those…
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Metaplanet Equity Backlash, SE Asia Crypto Funding Doubles: Asia Express
JAPAN Metaplanet’s executive stock pool sparks shareholder backlash Japanese Bitcoin treasury company Metaplanet’s executive stock pool continues to draw shareholder backlash over stock dilution concerns. Multiple shareholders objected across social media to Metaplanet’s 10th Series executive option pool, which was designed as 20% of fully diluted shares and automatically expanded as the company issued new…
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Bitcoin Price Slides as Coinbase Boss Calls the Cycle Bottom
Key Takeaways Brian Armstrong says bitcoin’s price likely hit bottom, even after getting smacked 3.3% Thursday. Coinbase prediction markets are on a tear, growing about 100% quarter over quarter. Armstrong sees bitcoin’s price grinding higher over the next 1-2 years as the halving gets closer. Bitcoin’s price has trended below the $77,000 range on Thursday,…
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Metaplanet’s Executive Stock Pool Sparks Shareholder Backlash, CEO Addresses MMXX Ties
Japanese Bitcoin treasury company Metaplanet’s executive stock pool continues to draw shareholder backlash over stock dilution concerns. Multiple shareholders objected across social media to Metaplanet’s 10th Series executive option pool, which was designed as 20% of fully diluted shares and automatically expanded as the company issued new shares to fund its Bitcoin (BTC) accumulation. Bitcoin…
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XBT Ticker Grab and Mining Revolt Grip BTCB2
Key Takeaways Neoxa switched BTCB2 to XBT on Sept. 8, kicking off a fresh ticker fight. Alphapool neared 50% of BTCB2’s hashrate, fueling a messy decentralization debate. Alphapool plans a 30% cap as BTCB2 supporters scramble to cool the mining drama. BTCB2’s XBT Ticker Choice Sparks Fresh Backlash The project Bitcoin Blake2b, which forked away…
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Strive Adds More Bitcoin as Total Holdings Rise Above 24,500 BTC
Unlike Strategy, Strive continues to announce frequent BTC purchases. Strive has continued its tradition of announcing its latest bitcoin purchases on X on Monday or the first business day of the week, similar to what Michael Saylor does for Strategy. In the example, after Labor Day came minutes ago, as CEO Matt Cole outlined…
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Capital B Adds $29M in Bitcoin to Corporate Treasury
French Bitcoin treasury company Capital B has acquired 376 Bitcoin (BTC) for 25.3 million euros ($29.5 million), bringing its total holdings to 3,521 BTC. The purchase was funded after Capital B completed roughly 30.1 million euros ($35 million) in capital raises, including a private placement backed by investors Adam Back and TOBAM, according to a…
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Trader Wins 26 Bets in a Row; Zcash and Strategy Shorts Are Bleeding
Key Takeaways Trader 0x362a shorted 15,785 ZEC at $867 on Sept. 4 and is down $5.27M after ZEC hit $1,249. The account also shorts 30,000 tokenized Strategy shares on Hyperliquid, down 52% as MSTR trades near $142. Free margin reads $0 and the ZEC short liquidates at $1,316.95, so a 10% rally erases the $3.76M…
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