Bitcoin news
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Bitcoin diverges from South Korean stocks as AI concerns deepen the Kospi selloff
South Korea’s chipmakers lead another sharp selloff as concerns over AI spending and Chinese competition grow, while bitcoin holds well above its summer lows.
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Metaplanet to issue $329M convertible bonds to pay debt, fund share buybacks
Metaplanet plans to issue zero-interest bonds with a five-year maturity to improve its debt structure and cut its reliance on Bitcoin-collateralized loans without selling holdings.
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Metaplanet Plans ¥52 Billion Bond Sale to Refinance Bitcoin Loans
The company would replace some Bitcoin-collateralized borrowing with unsecured debt and devote up to ¥28.3 billion to share repurchases.... Read the full story at The Defiant
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Bitcoin hits $84K resistance as Korean tech rout deepens KOSPI losses
Bitcoin’s liquidity kept BTC price below $84,000 amid a mounting South Korean tech and semiconductor stock sell-off.
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UK court ruling boosts government’s chances of keeping $5 billion in seized bitcoin
The decision concerns 61,000 BTC seized by the Metropolitan Police in its investigation into Zhimin Qian, who pleaded guilty to defrauding thousands of people in China.
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Chinese fraud victims lose key court battle over 61,000 Bitcoin
Chinese fraud victims seeking to recover 61,000 seized Bitcoin face a legal setback after a UK court ruled that Chinese law governs their claims.
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Bitcoin whale that sat through the March 2020 crash moves $378 million
A bitcoin whale that received coins days before the Covid crash and sat through it has moved millions on-chain.
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Binance to shut down crypto mining pool services in November
Binance will discontinue its mining pool and related services on Nov. 10, urging miners to move to alternative pools before the shutdown.
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Bitcoin whale moves $378 million in BTC after six years of dormancy: onchain data
The wallet originally received 4,582 BTC in March 2020, when the holdings were worth roughly $40.8 million.
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Bitcoin rebounds above $83,000 as it decouples from tumbling Korean stocks and Nasdaq futures
Bitcoin climbed back above $83,000 after an early dip, decoupling from a sharp slide in Korean chip stocks and weakness in Nasdaq futures ahead of Thursday’s US CPI report.
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Bitcoin slides below $82,000 as crypto liquidations surge past $770 million
Crypto liquidations amounted to $771 million over the past 24 hours, including $685.6 million in long positions.
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Moscow Exchange to Launch Bitcoin Trading, Testing Underway
Bitcoin Magazine Moscow Exchange to Launch Bitcoin Trading, Testing Underway The Moscow Exchange plans to let clients trade cryptocurrencies starting in December and has begun testing operations with professional market participants, a senior executive said last week. “We are actively testing. We...
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South Korean Lender Jeonbuk Bank to Offer Bitcoin-Backed Loans
Bitcoin Magazine South Korean Lender Jeonbuk Bank to Offer Bitcoin-Backed Loans Jeonbuk Bank has become the first bank in South Korea to offer won-denominated loans backed by bitcoin, according to reports. The subsidiary of JB Financial Group has started offering the loans, according to exclusive...
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FTX’s crypto mining venture is now used to advance AI
The defunct exchange acquired a 20% stake in Genesis Digital Assets before FTX declared bankruptcy in November 2022.
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Bitcoin Extends Slide — Can ‘Uptober’ 2026 Beat Last Year’s?
Bitcoin Magazine Bitcoin Extends Slide — Can ‘Uptober’ 2026 Beat Last Year’s? Bitcoin’s price dipped further on Monday, sliding 2% over a 24-hour period to trade at a little over $82,423. The coin over the past week has dropped by 3%, and so far this month, it’s trading down. October is usually a...
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Ledger Investigates Fund Losses Tied to Southeast Asian Reseller After Implant Found in Device
Bitcoin Magazine Ledger Investigates Fund Losses Tied to Southeast Asian Reseller After Implant Found in Device Ledger has said it is working with authorities after users last week reported losing funds and one received a tampered device. But the company reassured customers that the number of...
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Bitcoin miners face widening AI financing costs as lenders scrutinize deals
The Bitcoin mining industry needs roughly $50 billion to complete planned AI infrastructure projects, with IREN, Riot Platforms and HIVE Digital facing major funding gaps.
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Bitcoin Spooked? Crypto Fear and Greed Index Drops to Pre-Rally August Lows
The Crypto Fear and Greed Index has dropped to 56 from an August peak of 82, as oil, bond yields, and ETF outflows hit Bitcoin in October.
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Bitcoin drops 2.2% as Ukraine, Iran strikes send oil toward one-month high
Bitcoin price action stayed rangebound after failing to sustain above $84,000 into the Wall Street open on rising oil prices.
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Strategy Smash Buys $21.5M in Bitcoin as It Continues BTC Accumulation
Bitcoin Magazine Strategy Smash Buys $21.5M in Bitcoin as It Continues BTC Accumulation Bitcoin juggernaut Strategy has bought more BTC as it pivots back to accumulating on a weekly basis. The Nasdaq-listed bitcoin treasury spent $21.5 million on 250 bitcoins from October 5 and October 11,...
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Congressman Warren Davidson: The Future of Money Will Decide Western Civilization
Bitcoin Magazine Congressman Warren Davidson: The Future of Money Will Decide Western Civilization America is carrying $40 trillion in debt, and the dollar has lost about 30% of its purchasing power since 2020. Rep. Warren Davidson, founder of the Sound Money Caucus, explains why rising default...
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Ark Invest’s Lorenzo Valente: Bitcoin’s 5-Year Forecast – Stablecoin & Gold Impacts
Bitcoin Magazine Ark Invest’s Lorenzo Valente: Bitcoin’s 5-Year Forecast – Stablecoin & Gold Impacts Bitcoin has been flat to down this year, but ARK Invest isn’t changing its view. Lorenzo Valente, Director of Research for Digital Assets at ARK Invest, explains why the firm looks at Bitcoin on a...
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Willem Middelkoop: Bitcoin is the Fastest Horse – Why the Debasement Trade Takes it to $1M
Bitcoin Magazine Willem Middelkoop: Bitcoin is the Fastest Horse – Why the Debasement Trade Takes it to $1M Central banks are buying gold at a record pace, so why won’t they touch Bitcoin? Willem Middelkoop, founder of the Commodity Discovery Fund and author of The Big Reset, explains that central...
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Ledger implant tests Bitcoin ETFs as safer custodial solutions than hardware wallets
The discovery of an unauthorized Ledger hardware implant reignited debate on whether Bitcoin ETFs are safer than self-custodying Bitcoin via hardware wallet devices.
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Strategy Scoops Up $21.5M in Bitcoin, Buys Back $192M in STRC
The purchase lifts Strategy's holdings to 848,250 BTC and follows a $176 million repurchase of STRC preferred stock the week before.
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Strategy adds 250 Bitcoin as holdings reach 848,250 BTC
Michael Saylor’s Strategy said Bitcoin holdings reached 848,250 BTC after its latest purchase, while maintaining a $4.88 billion cash reserve.
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‘There’s always room for more orange’: Michael Saylor’s Strategy scoops up another 250 bitcoin for $21.5 million as holdings reach 848,250 BTC
Strategy's total holdings account for around 4% of the 21 million bitcoin supply cap — worth roughly $71 billion.
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Bitcoin Ranges Near $83K as Traders Look to US Inflation Data
October rate-hike odds have slumped, but analysts say Treasury yields at two-decade highs are still keeping a lid on risk appetite.
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Bitcoin holds $83,000 as dollar strength keeps markets on edge
Bitcoin and gold hold steady as a firm dollar and rising bond yields weigh on sentiment, while IREN secures a multiyear cloud services deal with Anthropic.
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BTC price support holds ahead of US CPI data: Three things Bitcoin traders need to know this week
Bitcoin traders braced for inflation-based volatility after BTC price action preserved key weekly support around $82,500.