#nydig

Riot Platforms’ reported 500 BTC movement to NYDIG Custody gives the market a live signal for how public miners may use coin treasuries as AI and data-center costs rise. PANews reported the July 3 transfer, citing on-chain monitoring data, and valued the movement at roughly $30.7 million. The available record supports a custody movement, but it does not show an executed sale or sale…

Bitcoin’s future in an artificial intelligence-driven world may depend less on code and more on central banks. In a new note, Greg Cipolaro, global head of research at financial services and infrastructure firm NYDIG, argued that artificial intelligence will affect bitcoin mainly through macroeconomic channels and its impact on the labor market. The key variables are growth, employment, real…

Bitcoin’s trademark volatility may be entering a new phase thanks to the Securities and Exchange Commission (SEC). The agency’s decision to raise position limits on options for most bitcoin ETFs could help smooth price swings by encouraging strategies like covered call selling, which caps the upside in exchange for steady income, according to NYDIG Research. That increase in position limits for…

A surge of high-value Bitcoin transfers has stirred attention in the cryptocurrency space following new reports of activity from Whale Alert. Among the most significant movements, a $270 million transfer involving NYDIG has emerged as the focal point of growing curiosity within the market. Also Read: Ethereum in Trouble? Bitcoin Leaves Rival Behind as Traders Sound the Alarm Institutional…

Bitcoin Set to Become a Political Imperative? 🌐💰

In the latest discussion, NYDIG asserts that holding Bitcoin is becoming not just a choice but a political and financial imperative for institutions. As the global economy shifts, Bitcoin could soon be viewed as a safeguard rather than a speculative asset. Some even consider not holding BTC a potential liability, especially with increasing mainstream adoption. Could this signify a larger role for Bitcoin in political agendas worldwide?

BlackRock’s filing of the spot Bitcoin ETF last month has sparked huge interest in the Bitcoin investment product, which is yet to hit the market subject to SEC approval. In its latest research report, NYDIG explained how the arrival of a spot Bitcoin ETF could be a game changer for Bitcoin investors. While the spot The post NYDIG Predicts $30 Billion Inflow In BTC With Spot Bitcoin ETF Approval…

Core Scientific Inc. has agreed to send 27,403 crypto mining rigs to the NYDIG. The NYDIG will settle a debt of $38.6 million in exchange for the rigs. Core Scientific Inc. and the New York Digital Investment Group have reached an agreement to dissolve a $38.6 million debt owed to the latter, in exchange for […]