Tag: Bitcoin
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Hyperscale Data Holds Bitcoin Treasury Worth 97.5% of Market Cap at $75.5 Million
Hyperscale Data’s Bitcoin Treasury Anchors a Majority of Market Value Hyperscale Data, Inc. (NYSE American: GPUS) has disclosed a significant Bitcoin treasury strategy alongside its broader AI data center ambitions. The company announced that its Bitcoin holdings total 498.4633 BTC, representing roughly 97.5% of its market capitalization. With an estimated market cap around $75.5 million,…
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Hyperscale Data’s Bitcoin Treasury Near $75.5M: 498.46 BTC at 97.5% of Market Cap
Overview: A Bitcoin-Backed Balance Sheet in Focus Hyperscale Data, Inc. (NYSE American: GPUS) has positioned its cash strategy squarely around Bitcoin, revealing a treasury that currently sits at 498.4633 BTC and a market capitalization that, as of the latest figures, places the Bitcoin holdings at roughly 97.5% of the company’s overall value. The firm disclosed…
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Crypto Crash: Bitcoin Dips Below $82k as Tech Slump Spreads to Crypto Markets
Overview: A Risk-Off Moment for Crypto and Tech The crypto market entered a tense new phase as Bitcoin and Ether slipped to multi-month lows, signaling a shift in investor mood from appetite for risk to caution. The decline came on the back of a broad tech sell-off and growing concerns that stretched valuations in technology…
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Crypto Crash Deepens: Bitcoin Dips Below $82k as Tech Slump Ripples Through Crypto Markets
Bitcoin Falls as Tech Slump Weighs on Crypto Markets Bitcoin slid below the $82,000 mark on renewed risk-off sentiment that gripped global markets this week. The move dragged ether and a broad basket of altcoins to multi-month lows as investors reassessed the pace of tech sector gains and the Federal Reserve’s likely path for interest-rate…
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Crypto Crash: Bitcoin Slips Below $82k as Tech Slump Deepens
Overview: Bitcoin’s sudden dip amid a broader tech slump The cryptocurrency market faced renewed pressure as Bitcoin traded below the $82,000 level, signaling a renewed risk-off mood among investors. The move comes as tech equities retreat on concerns about overvaluation and fading expectations for near-term US rate cuts. In recent sessions, investors signaled a preference…
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SGX to Launch Bitcoin and Ether Perpetual Futures for Accredited Traders
SGX Expands Crypto Derivatives with Perpetual Futures The Singapore Exchange (SGX) has announced a significant expansion to its derivatives menu with the introduction of perpetual futures for two leading cryptocurrencies: Bitcoin (BTC) and Ether (ETH). The move signals SGX’s intent to deepen crypto‑derivatives access in Asia and provide accredited investors with more sophisticated tools for…
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SGX to Launch Bitcoin and Ether Perpetual Futures, Expanding Crypto Tradable Derivatives in Singapore
SGX Expands Crypto Derivatives with Perpetual Futures The Singapore Exchange (SGX) announced on Monday that its derivatives arm will roll out new perpetual futures contracts for two leading cryptocurrencies: Bitcoin (BTC) and Ether (ETH). The trading, set to commence on November 24, marks a notable expansion in Singapore’s crypto derivatives market and signals growing institutional…
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Goddess of Wealth Conwoman Jailed Over £5bn Bitcoin Hoard After Years on the Run
Overview: A High-Profile Case Comes to a Close The UK’s most significant money-laundering investigation has culminated in a lengthy prison sentence for Zhimin Qian, a 47-year-old woman who earned notoriety as the so-called “Goddess of Wealth.” After years on the run, she was finally captured and brought to justice for her role in amassing and…
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Goddess of Wealth Conwoman Jailed Over £5bn Bitcoin Hoard
London’s High-Stakes Bitcoin Case Finally Concludes The so-called “Goddess of Wealth” was sentenced to 11 years and eight months in prison after being found guilty in the UK’s most valuable money laundering investigation to date. Zhimin Qian, 47, had spent nearly five years on the run before her capture, and authorities said her alleged hoard…
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Bitcoin Drops Under $100,000 as Risk-Off Sentiment Hits Crypto Markets
Bitcoin slides below $100,000, signaling renewed risk-off sentiment Bitcoin recently dipped below the $100,000 mark for the first time since June, signaling a renewed risk-off mood among investors. The move comes amid a broader pullback in the cryptocurrency markets as traders reassess risk exposure in a backdrop of macro uncertainty, policy expectations, and evolving regulatory…