Bitcoin ETF Options Bring in $2B on First Day
The first spot Bitcoin ETF, BlackRock’s iShares Bitcoin Trust (IBIT), made its debut with $1.9 billion in notional exposure on Tuesday.
MicroStrategy Will Hold a $1.75 Billion Convertible Notes Offering to Buy More BTC
MicroStrategy has announced its plans to issue $1.75 billion in convertible senior notes due 2029 (referred to as “notes”) in a private offering to qualified institutional buyers and certain non-US persons.
CFTC Clears Path for Spot Bitcoin ETF Options
The Commodity Futures Trading Commission (CFTC) has announced it will no longer oversee spot Bitcoin ETF options clearing process.
Hash Rate Explained
Simply put, hash rate is the speed at which a computer can perform hashing computations, which are necessary for validating transactions (also known as cryptocurrency mining).
Mt. Gox Moves $2B in Bitcoin
On November 10, the now-defunct exchange Mt. Gox made a significant transfer of over $2 billion to two different addresses.
MicroStrategy Acquires $2 Billion in Bitcoins
MicroStrategy Inc. has purchased approximately 27,200 Bitcoin for a total of $2.03 billion. This marks the company’s largest purchase of the digital currency since its initial acquisitions over four years ago.
Bitcoin Greed and Fear Index Reaches Highest Level in 7 Months
On November 10, the market sentiment for Bitcoin and other cryptocurrencies reached its highest level of “greed” in nearly seven months, with the Crypto Fear & Greed Index scoring 78 out of 100.
