Tag: Bitcoin

Genius Group Dumps Bitcoin Treasury Amid Revenue Surge

boss

AI-powered Bitcoin treasury and education company Genius Group revealed on Tuesday that it sold the remainder of its Bitcoin in Q1 to pay off debt, adding to a recent wave of companies offloading assets amid a crypto bear market.  “The company will recommence building its Bitcoin Treasury when it believes market conditions are more favorable,” it stated.  The move appears to go against its “Bitcoin first” strategy, which it touted in November 2024, vowing at the time to commit 90% or more of its current and future reserves to be…

Plume Pilots Tokenized Payroll Using Wisdomtree’s WTGXX Fund – Crypto News Bitcoin News

boss

Crypto Payroll Evolves With Model That Pays in Yield Assets Plume has launched a new payroll pilot that could change how employees receive and use their income. In partnership with Toku and Wisdomtree, the company is allowing staff to receive part of their salary in a tokenized money market fund. The pilot uses Wisdomtree’s WTGXX fund, a regulated, yield-bearing asset. Instead of receiving all wages as cash, employees can opt to receive a portion directly in this tokenized product. The funds begin generating returns immediately. The concept builds on earlier…

Bitcoin ETFs Extend Inflows With $118 Million as Ether Adds $31 Million – Markets and Prices Bitcoin News

boss

Second Straight Day of Strong Inflows for Bitcoin and Ether ETFs Momentum is building again. Not explosively, but steadily enough to shift the tone. Bitcoin ETFs recorded a second straight day of inflows, pulling in $117.63 million and reinforcing the week’s early recovery. This time, the leadership was clear. Blackrock’s IBIT returned to the forefront with a commanding $98.42 million inflow, reasserting its role as the market’s primary driver. Fidelity’s FBTC followed with a solid $16.24 million addition. Smaller, yet notable, inflows were seen in Bitwise’s BITB at $1.84 million…

Bitcoin Price Recovery Slips, Sellers Tighten Grip on Market

boss

Bitcoin price started a recovery wave above $68,000. BTC is now struggling to surpass $68,800 and showing signs of a fresh decline. Bitcoin failed to settle above $68,800 and trimmed most gains. The price is trading below $67,200 and the 100 hourly simple moving average. There was a break below a rising channel with support at $67,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $68,000 and $67,800 levels. Bitcoin Price Faces Rejection Bitcoin price…

ChatGPT Maker OpenAI Valued at $852B After Record $122B Funding Round – Bitcoin News

boss

OpenAI $122B Raise: Investors, Valuation, and Plans for the Capital The round built on a $110 billion commitment announced Feb. 27, 2026, which carried a $730 billion pre-money valuation. The round remained open after that initial close, and CFO Sarah Friar confirmed on CNBC on March 24 that an additional $10 billion to $12 billion had come in. The final tally exceeded the $100 billion target OpenAI had discussed since early in the year. Amazon anchored the round with $50 billion, which includes an expanded cloud agreement worth an additional…

Bitcoin Ends 5-Month Losing Streak — Real Reversal Or Just April Fool’s Hype?

boss

A cluster of roughly 650,000 Bitcoin sits at the $70,000–$72,000 price range — coins bought by investors who are now waiting to break even. That supply overhang is the wall Bitcoin must climb if its March recovery is going to mean anything. Related Reading: Ripple’s RLUSD Stablecoin Sits On $1.57 Billion In Reserves: Audit Firm A Streak That Hasn’t Been Seen Since 2018 Bitcoin closed March up 2%, snapping five consecutive months of losses. It was the longest such run of red monthly candles since 2018, and data from CoinGlass…

XRP Adoption Expands as Ripple Embeds Digital Asset Capabilities Directly into Enterprise Treasury Platforms – Featured Bitcoin News

boss

XRP Becomes Core Asset In Ripple Treasury Liquidity Strategy A shift in enterprise finance is accelerating as digital assets gain practical utility. Enterprise blockchain company Ripple shared on April 1 that it embedded native digital asset capabilities into its treasury platform, positioning XRP as a core instrument for corporate liquidity management. Ripple, a provider of blockchain-based financial infrastructure, detailed that its Ripple Treasury platform now enables organizations to hold, manage, and transact with XRP alongside RLUSD directly within existing treasury workflows. The integration allows finance teams to treat these assets…

Morgan Stanley Signals Bitcoin ETF Near Launch With Amendment 4 Update – Featured Bitcoin News

boss

Morgan Stanley Bitcoin ETF Filing Signals Imminent Launch Timeline Morgan Stanley, a global investment bank and asset management firm, filed Amendment No. 4 to its Form S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) on April 1 for the Morgan Stanley Bitcoin Trust, outlining plans to list the bitcoin exchange-traded fund (ETF) on NYSE Arca under the ticker MSBT. The filing describes a passive vehicle designed to track bitcoin’s price performance using a benchmark index. Bloomberg ETF analyst James Seyffart shared on social media platform X his…

Blackrock’s Bitcoin Premium Income ETF Edges Closer to Market as SEC Amendment Reveals BITA Ticker – Featured Bitcoin News

boss

Blackrock Files Amendment for Bitcoin Income ETF Strategy Blackrock advanced its crypto product lineup by filing an amended registration for a bitcoin-focused income exchange-traded fund (ETF). The world’s largest asset manager filed Amendment No. 1 to Form S-1 on March 31 with the U.S. Securities and Exchange Commission (SEC), outlining the Ishares Bitcoin Premium Income ETF strategy and structure. The filing presents a hybrid model that combines bitcoin exposure with options-based income generation. The filing states: “The shares are listed and traded on Nasdaq under the ticker symbol ‘BITA.’” The…

Bitcoin Exchange Inflows Flash Rare Signal As Large Deposits Return

boss

On-chain data shows the average Bitcoin exchange deposit has ballooned to a significant size, a potential sign that whales are making inflows. Average Bitcoin Exchange Inflow Hits 2.62 BTC As pointed out by CryptoQuant community analyst Maartunn in an X post, the mean Exchange Inflow has shot up for Bitcoin. The “Exchange Inflow” here refers to an indicator that keeps track of the BTC transactions that are heading toward centralized exchanges from self-custodial wallets. In the context of the current topic, the version of the metric that’s of interest is the…