2024-6-6 04:39 |
Riot shares recovered from more than a 9% dip in the first hour of trading following a damning report from short seller Kerrisdale Capital. origin »
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The group also increased its bitcoin holdings last quarter for the first time since March, holding nearly 84,000 BTC worth about $7.8 billion as of year-end.
February and March are both seasonally bullish months for bitcoin, with Q1 being the second-best-performing quarter.
The two tokens' relative performance is more a sign of bitcoin strength than ether's weakness, one observer said.
New FASB rules allow for corporate bitcoin owners to mark those assets to market.
A "near perfect" instrument is how Bitwise's Jeff Park described the new offering.
The U.S. M2 money supply continued to increase in December a bullish catalyst for risk-on assets.
The US Senate had not yet scheduled a hearing to consider Donald Trump’s nomination of Paul Atkins to head the Securities and Exchange Commission.