Category Archives: Bitcoin (BTC)

In its latest weekly report, CoinShares has revealed an incredible change in the flow of funds into crypto exchange-traded products, with Bitcoin (BTC) seeing a massive $436 million in ETF inflows last week. This surge came after a period marked by $1.2 billion in outflows over the previous 10 days.  As analyst James Butterfill explains, the major […]

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Virginia-based business intelligence firm MicroStrategy has announced another $700 million debt offering.   The capital will be primarily used for boosting the company’s Bitcoin coffers.  The convertible notes offered by MicroStrategy are on track to mature in four years from now.  The lender will be able to force the redemption of notes if the fundamental aspects […]

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]

MicroStrategy just made another big move by buying $1.1 billion worth of Bitcoin, which brings its total holdings to an impressive $14.3 billion. This new acquisition means that the company now holds about 1.17% of all Bitcoin in circulation, further solidifying its position as the largest corporate Bitcoin holder.  To back up its strategy, MicroStrategy also […]

Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]

Today marks a milestone that echoes through the corridors of cryptocurrency history, as Budapest, Hungary, proudly celebrates the third anniversary of the world’s first statue dedicated to Satoshi Nakamoto, the anonymous inventor of Bitcoin (BTC). The monument, which will be unveiled in 2021, was brought to life by the creative minds of sculptors Gergely Réka and […]

According to data provided by analytics platform Lookonchain, cryptocurrency millionaire James Fickel has already lost a staggering $49 million worth of Ethereum (ETH) by betting that the second-largest cryptocurrency would outperform.  Fickel recently exchanged 11,584 ETH for 450 WBTC at 0.03881 again on Tuesday, according to the analytics platform.  As of now, the trader still […]

On Tuesday, Bitcoin exchange-traded funds (ETFs) attracted a total of $187 million worth of inflows.  Fidelity Wise Origin Bitcoin Fund (FBTC) is in the lead by inflows with $56.6 million. Bitwise Bitcoin ETF (BITB) comes in second place with $42.2 million. VanEck Bitcoin ETF (HODL) is also in the top 3 with $3.2 million worth […]

MicroStrategy has made a big change to its financing strategy, with the company announcing increasing the amount it is raising through convertible senior notes from $700 million to $875 million. There is also an additional $135 million option for the initial purchasers.  As many may know, MicroStrategy is already one of the largest holders of Bitcoin, and […]