Bitcoin
Rising Open Interest: A Red Flag for Bitcoin Bulls
Bitcoin tumbles to $56K, but open interest surge defies gravity. The total open interest for BTC is at $29B, a 2.14% increase in the last…
Bitmex’s Hayes: Fiat Instability Could Skyrocket Bitcoin
BitMEX’s Arthur Hayes believes that fiat will implode, pushing Bitcoin up. ATFX Global Markets reported a 30%-40% surge in yen shorts in the past week.…
Bitcoin Bulls Rejoice: Leveraged MicroStrategy ETF Gets Green Light
SEC approves first-ever leveraged MicroStrategy ETF. ETF aims to magnify gains and losses from MicroStrategy's Bitcoin holdings. Investors warned of heightened risks with leveraged products.…
European Central Banks Secretly Accumulating Bitcoin: Could These Moves Propel It to $843,000?
European central banks are boosting Bitcoin holdings, signaling a bullish market outlook. Norway and Switzerland central banks invest heavily in MicroStrategy for Bitcoin. Bitcoin could…
Marathon Digital Buys $249M Worth of Bitcoin
Marathon completed a senior note offering and collected $300 million. Marathon purchased 4,144 Bitcoin, spending $292.5 million and an average purchase price of $59,500 per…
Daily Market Watch: BTC, ETH, SOL ORDI, and ARB
Bitcoin lost the $60,000 price level after reaching as high as $61,600. Ether crashed to $2,600 after failing to enter the $2,800-$3,000 price level. Altcoins…
Millennium Management Reduces Shares in FBTC, IBIT, and GBTC: Report
Millennium Management has reduced its positions in Bitcoin ETFs such as FBTC, IBIT, and GBTC. While the firm lowered shares in GBTC by 52%, IBIT…
Bitcoin’s Déjà Vu: 2023 Patterns Emerge, What’s Next?
Retail interest in Bitcoin has dropped sharply, mirroring late 2023 patterns, reflecting market apathy. Bitcoin faces resistance at $61,843.50 whereby a breakout might lead to…
Elon Musk’s Interest in Cardano Sparks Price Speculation
Rumored Charles Hoskinson-Elon Musk meeting sparks intrigue and speculation around Cardano's future developments. Despite misconceptions, Cardano’s strong community engagement suggests genuine support beyond bot activity.…
Shiba Inu’s 321% Surge? Analyst Explores Bitcoin Correlation
Analyst suggests Shiba Inu (SHIB) could surge 321% if Bitcoin (BTC) reaches $200,000. Correlation between SHIB and BTC highlighted, but caution advised due to market…
