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Topic: bitcoin

A physical Casascius bitcoin token
Crypto
Wednesday, 8/19, 10:24 PM

Bitcoin tops $69,000, wiping out roughly $1.7 billion in short bets

  • Bitcoin climbed above $69,000 on Wednesday for the first time in two months, up more than 5% in 24 hours, after the US Treasury expanded its bond buybacks and the SEC proposed a fundraising framework for crypto assets.
  • The move forced the closure of roughly $1.7 billion in bearish derivative positions, according to CoinGlass data.
The New Hampshire State House in Concord
Crypto 41 d

New Hampshire Rejects a Landmark $100 Million Bitcoin-Backed Bond

  • New Hampshire's Executive Council voted 3-2 to block a first-of-its-kind $100 million municipal bond that would have funded a company's bitcoin purchases, backed by bitcoin as collateral.
  • It is a setback for efforts to fuse crypto with public finance, even in the first state to embrace a bitcoin reserve, with councilors citing volatility and risk to the state's reputation.

In brief

In brief

bitcoin — news and stories on this topic

This page collects all of Boursel's coverage of bitcoin. Follow the topic from one place: new stories appear here automatically as more is published. That way you stay on top of how the situation develops.

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