Bitcoin

Strategy, the Bitcoin-focused corporate treasury company formerly known as MicroStrategy, reported an $8.22 billion net loss for the second quarter of 2024, driven primarily by an $8.32 billion unrealized loss on its massive Bitcoin holdings.

US spot Bitcoin exchange-traded funds (ETFs) recorded their fourth consecutive session of net outflows on July 28, with investors withdrawing approximately $49.8 million as Bitcoin slipped to $63,000.

Citadel, one of the largest hedge funds managing $67 billion in assets, is calling for a surprise 25-basis-point rate hike from the Federal Reserve on Wednesday, defying broad market expectations of no change.

faces a federal lawsuit alleging it allowed a fraudulent bitcoin wallet app to remain on its App Store for over a week after a user reported an $875,000 theft, enabling another user to lose approximately $840,000.

SEC Commissioner Hester Peirce has warned that crypto vaults and onchain lending products may be subject to U.S.