BitMEX co-founder Arthur Hayes argued in a new research note that the U.S. Treasury’s expanded bond buyback program marks the start of a fresh bitcoin bull market, as BTC trades above $80,000 for the second day running. Buybacks, Yields and Bitcoin Price’s Rally Arthur Hayes, the BitMEX co-founder and Maelstrom Chief Investment Officer, released a […]
Zcash’s rally to a record of about $890 has sharply widened its existing mining revenue advantage over bitcoin and AI high-performance computing, highlighting how quickly the relative value of electricity can change across competing compute markets. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly […]
Two bitcoin wallets, possibly controlled by the same trader, closed a long position held for nearly two months earlier today, resulting in a $11.6 million profit as bitcoin traded near $81,000. Two Months, One Exit Blockchain analytics platform Lookonchain identified two addresses (0x5FA and 0x237) that may belong to the same trader. Both wallets closed […]
Michael Saylor’s Strategy swung from a roughly $9.5 billion unrealized loss to a $4.7 billion profit in about a week, as bitcoin price rally lifted BTC above the company’s $75,385 average cost basis. A Volatile Week for the Bitcoin Price Bellwether Strategy Inc. (Nasdaq: MSTR), the largest corporate holder of bitcoin by a big margin, […]
Strategy bought zero bitcoin last week, choosing instead to stack billions in cash and buy back preferred stock as Michael Saylor’s company loaded its balance sheet for whatever bitcoin or its own securities throw at it next. The Tysons Corner, Virginia-based company revealed on Monday, Aug. 24, that not a single bitcoin changed hands from […]
Abraxas Capital has piled into a $783 million short position on Hyperliquid even as bitcoin’s biggest weekly rally since March 2023 forces billions of dollars in bearish bets to unwind elsewhere. Whales Hold Short Positions Through the Surge Abraxas Capital, Fasanara Capital, and Wintermute together are holding onchain short positions of 138,569 ETH and 3,425 […]
Solana kicked off its first formal governance vote on August 22, 2026, putting three proposals, including a plan to double annual disinflation to 30%, in front of validators through August 27. Three Proposals, One Vote The Solana network continued on its path of backend proactiveness this week, opening its first governance vote to validators yesterday, […]