Bitcoin
Every Sainteur story on Bitcoin, newest first.
Bitcoin falls below $70,000 for the first time since August
It was at $69,172, down 4.64% as of Nov 13, 8:14 AM ET. Dow Jones Newswires said it is on track for a sixth weekly loss.
MSCI will drop Strategy from its USA index at the close of Nov. 30
The change also removes the company from two other U.S. MSCI indexes. Strategy has said funds tracking MSCI's global indexes hold about 3.1% of its shares.
Strategy buys $81.9 million of bitcoin and repurchases $188 million of STRC
Strategy ($MSTR) bought 1,036 bitcoin for $81.9 million last week and bought back $188.3 million of its STRC preferred stock.
It funded both moves by selling 2,051,348 shares of MSTR for $283.8 million in net proceeds and now holds 850,364 BTC.
Liquid's bitcoin IOUs are whole again, and the 'white-hat' hackers kept 598 BTC for their trouble
Self-described white-hat hackers took about 4,000 BTC from Liquid, sent back 3,400 and kept roughly 598. Now the reserves are 1:1 again, by means not disclosed.
North Korea denies stealing $6 billion from Binance after the FBI blamed its hackers
Elliptic now says launderers minted six NEAR memecoins to move about $430,000 in stolen funds so they look like trading profits.
Coinbase launches its 15-minute crypto bets again, still settles them on a minute you didn't watch
The up-or-down contracts pay $1 or $0, and per Vertex Analytics they settle on a 60-second index average, not the last tick on your screen.
Strategy's bitcoin-buying preferreds come with a growing dividend bill
Perpetual preferreds have contributed to the accumulation of 135,979 bitcoin, Fidelity says. Every new share also adds to the payouts, and Strategy's latest week paired a $193 million buyback with just 267 bitcoin.
Coinbase's 15-minute crypto prediction markets settle at $1 or $0
A new Coinbase post pitches up-or-down contracts on BTC, ETH and SOL, but they aren't new, and bitcoin's 15-minute markets may settle on a different price than the one on your screen.
JPMorgan's asset arm projects 10% a year for bitcoin, then calls its own forecast premature
J.P. Morgan Asset Management's 2027 outlook gives bitcoin a 10% base case over 10 years, above its stock and gold projections, while keeping it out of its main portfolio models.
Bitcoin rides the AI earnings mood, but the outlets can't agree on why
CoinDesk credits SpaceX and Super Micro for reviving the AI trade, Cointelegraph points to GM and 3M, and Bloomberg calls bitcoin little changed. Spot ETF flows may be the clearer signal.