News
Tom Lee’s BitMine sits on $6 billion loss from ether bets
The firm’s recent ETH purchases came just ahead of a sharp market slide, pushing unrealized losses past $6 billion as liquidity thinned and liquidations picked up.
Bitcoin drops to $78,000 as Strategy-fueled rally runs out of buyers, traders say
Bitcoin sank to its lowest levels since April as profit-taking by early holders collided with thinning liquidity and a sharp drop-off in fresh capital.
Michael Saylor’s bitcoin stack is officially underwater, but here’s why he likely won't reach for the panic button
The main impact of the price decline is slowing Strategy's ability to buy more bitcoin without diluting shareholders, as its stock now trades at a discount to its bitcoin holdings.
Bitcoin hashrate drops 12% in worst drawdown since China mining ban: CryptoQuant
A severe winter storm has forced US miners to curtail operations, dragging bitcoin’s hashrate, output and miner margins to their weakest levels in months.
Retail traders are running for the exit amid bitcoin's selloff, while 'mega-whales' are quietly buying the dip
Glassnode data shows large bitcoin holders accumulating, while retail remains in distribution.