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Bloomberg Strategist Sees Bitcoin as Global Alternative Currency — Warns Stock Market Drawdown Could Impact BTC

Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, says bitcoin is “becoming an alternative currency on a global basis,” noting that “The world’s going towards intangible assets and bitcoin is the…

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Bitcoin Futures’ Open Interest Reaches Lifetime High, Surpassing 2021 Bull Run

Bitcoin’s value has been on an impressive rise over the past month, and by the start of the week, the leading digital currency surpassed the $57,000 range for the first…

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Binance’s Derivatives Arm Launches Tesla Model Y and Bitcoin Voucher Challenge 

Binance has announced a competition through its crypto derivatives arm, Binance Futures, offering participants the chance to win a Tesla Model Y. According to the crypto exchange, the contest will…

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Binance Dethroned in This Metric for the First Time in 2 Years Amid BTC, ETH ETF Craze

The Chicago Mercantile Exchange (CME) recently displaced the world’s largest crypto exchange, Binance, becoming the biggest Bitcoin futures exchange. CME’s recent surge in Bitcoin Futures Open Interest has been driven…

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