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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…

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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…

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Are Bitcoin Mining Stocks Mispriced? Here’s What On-Chain Data Is Telling Investors

The on-chain intelligence platform CryptoQuant has unveiled a framework for monitoring the revenues of leading public Bitcoin mining companies. This methodology tells whether the companies are undervalued or overvalued in…

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State of Wisconsin Investment Board No Longer Holds $321M in BlackRock’s Bitcoin ETF Shares

The State of Wisconsin Investment Board (SWIB), an independent agency handling assets for Wisconsin’s retirement and state investment funds, has divested its shares of BlackRock’s spot Bitcoin exchange-traded fund (ETF).…

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Bitcoin Price Maintains $100K Level but Altcoin Season Gains Momentum: Your Weekly Crypto Recap

After last week’s triumphant surge past $100,000 following the promising news for a trade deal between the US and China, the current one began with another leg up for bitcoin…

Continue ReadingBitcoin Price Maintains $100K Level but Altcoin Season Gains Momentum: Your Weekly Crypto Recap