Recent #Bitcoin news in the semiconductor industry

7 days ago

➀ Chen Zhi, from a small town in Fujian, rose to become a tycoon in Cambodia's real estate market at 28, but was later charged by US authorities as the mastermind behind a transnational cyber fraud empire.

➁ His bitcoin worth about $15 billion was seized, and he was also sanctioned by the UK.

➂ Chen Zhi's relatives and villagers remember his rise through fraud and his eventual downfall.

Cyber FraudBitcoinChen ZhiTransnational Crime
8 days ago
1. NEOS Bitcoin High Income ETF (BTCI) provides Bitcoin exposure with a 30% yield via a covered call strategy; 2. It generates monthly dividends by selling Bitcoin call options, though payouts vary due to Bitcoin's volatility; 3. The ETF holds Bitcoin through VanEck's ETF and synthetic positions, invests surplus cash in treasuries, but has underperformed Bitcoin and remains high-risk for income-focused crypto investors.
BitcoinETFCovered Call Strategy
4 months ago
1. Major U.S. indices declined amid new 35% tariffs on Canadian imports and escalating trade tensions; 2. Bitcoin surged to a record high above $118K driven by ETF inflows and regulatory optimism; 3. The 10-year Treasury yield rose slightly to 4.39% as hawkish Fed signals and inflation concerns weighed on markets.
BitcoinTariffs
4 months ago

➀ A dormant Bitcoin whale transferred 80,000 BTC (worth $8.6B) after 14 years, purchased for under $210k in 2011.

➁ The transaction involved 8 Satoshi-era wallets and set a record, with speculation pointing to investor Roger Ver.

➂ Motives range from legal deals to inheritance, causing significant market impact.

BitcoinCryptocurrency
6 months ago
1. Bitcoin's technical indicators suggest a bullish trend with potential to surpass $100k; 2. Bitcoin's correlation with tech stocks has risen post-ETF approval, but it remains a hedge against fiat currency inflation; 3. ProShares Ultra Bitcoin ETF (BITU) offers 2x leveraged exposure to Bitcoin's price movements, though it carries inherent risks of leveraged products.
BitcoinTechnical Analysis
8 months ago
1. The initial bullish thesis for Bitcoin reaching $117,000 was based on Trump's potential crypto presidency and bullish chart patterns, but it fell short. 2. Despite Bitcoin reaching all-time highs above $109,000, recent trend failures and a drop below $80,000 necessitate reassessing portfolio positions for potential further downside. 3. Indicators like Standard Deviation channels and MACD suggest more room for Bitcoin to fall before reaching oversold territory, prompting a rating reduction.
BitcoinMarket OutlookTechnical Analysis
10 months ago
1. Cryptocurrencies surged in 2024, with Bitcoin gaining 121% due to favorable regulations and Trump's election, driving smart money into Bitcoin-related stocks like Riot Platforms. 2. Riot Platforms significantly expanded its mining capacity, achieving a 155% YoY increase in hash rate, making it the fastest-growing Bitcoin miner globally. 3. Riot's strategy includes acquiring ready-to-run mining sites and diversifying energy sources, reducing reliance on Texas and benefiting from Kentucky's energy-saving programs.
BitcoinCryptocurrencymining
10 months ago
1. MicroStrategy is expanding its Bitcoin holdings using innovative financial tools; 2. The company is reducing leverage and increasing optionality through ATM offerings; 3. MSTR plans to increase authorized share counts for future BTC purchases and potential stock splits; 4. The offering of perpetual preferred shares signals market expansion; 5. Despite risks, MSTR's business model and investor interest suggest impressive growth; 6. Convertible bonds and preferred stock in Q1 2025 may drive stock higher with increased BTC yield.
BitcoinInvestment Strategy
10 months ago
1. The author has a buy rating on the iShares Bitcoin Trust ETF due to bullish 2025 price targets, positive seasonals, and technical trends. 2. Bitcoin's 133% YTD performance and potential for further gains make it a compelling investment despite its historical volatility and downside risks. 3. The incoming Trump administration's potential National Bitcoin Reserve and favorable regulatory backdrop could serve as significant bullish catalysts in 2025.
BitcoinETFinvestment
10 months ago
1. Despite recent volatility, the iShares Bitcoin ETF has outperformed the S&P 500, showcasing crypto's resilience and potential for future gains. 2. Regulatory changes and a crypto-friendly SEC leadership could enhance Bitcoin ETF efficiency, making IBIT more appealing and reducing costs for investors. 3. Short-term volatility persists, but demand-supply dynamics and miners' HODLing behavior support a bullish outlook for Bitcoin and IBIT by 2025.
BitcoinCryptocurrencyETF
11 months ago
1. The crypto bull market is expected to persist through 2025, reaching its first peak in Q1. 2. A pro-Bitcoin stance is expected to spread across the U.S. crypto ecosystem. 3. Crypto rails are predicted to improve the financial system through efficiency, decentralization, and transparency. 4. Blob Space fees are projected to exceed $1 billion by the end of 2025.
Bitcoin
11 months ago
1. The launch of options on IBIT on November 19, 2024, marks Bitcoin's consolidation as a legitimate asset class; 2. A gamma vanna squeeze, a highly reflexive process induced by options and dynamic hedging, could materialize over an absolutely scarce asset; 3. The growing adoption of BTC as a treasury asset is another catalyst which will at least set a price floor and likely trigger a supply shock.
Bitcoin