Auto Added by WPeMatico

Bitcoin’s Realized Capitalization Hits Record $906B – Is a Bull Run Brewing?

Bitcoin has set a new milestone in on-chain metrics. Its Realized Capitalization has reached a fresh high of $906.04 billion for the fourth consecutive week. This metric reflects the total…

Continue ReadingBitcoin’s Realized Capitalization Hits Record $906B – Is a Bull Run Brewing?

Spot Markets Drive Bitcoin to $106K as Coinbase Sees $45M Daily Buying Pressure: Glassnode

Bitcoin’s surge to $106,000 earlier this week has been primarily driven by robust spot market demand, with Coinbase seeing net buying pressure of $45 million per day, according to Glassnode’s…

Continue ReadingSpot Markets Drive Bitcoin to $106K as Coinbase Sees $45M Daily Buying Pressure: Glassnode

Big Bitcoin Bet as BTC Whale Doubles Down With $393 Million Long Position

On-chain data reveals that an unknown large market participant has opened a few mindblowing long positions for bitcoin with an average price of just over $103,000. Broadcasting live data from…

Continue ReadingBig Bitcoin Bet as BTC Whale Doubles Down With $393 Million Long Position

Metaplanet Hits All-Time High $6M Q1 Revenue as BTC Holdings Surge 3.9x

The Japanese hospitality firm Metaplanet has disclosed record-breaking earnings for the first quarter of the year, primarily attributing the success to its Bitcoin treasury strategy. According to the firm’s Q1…

Continue ReadingMetaplanet Hits All-Time High $6M Q1 Revenue as BTC Holdings Surge 3.9x