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Bitcoin Futures Open Interest Takes a Hit – Down 35% in 2 Months (Glassnode)

Since bitcoin (BTC) hit its all-time high (ATH) of $109,000 in mid-January, the leading cryptocurrency has plummeted by roughly 30%. This decline has extended beyond the asset’s price to the…

Continue ReadingBitcoin Futures Open Interest Takes a Hit – Down 35% in 2 Months (Glassnode)

Has Bitcoin Really Entered a Bear Market? Analyst Weighs In

Bitcoin’s recent price movement has sparked debate among analysts over whether the original cryptocurrency has entered a bear market. Renowned analyst Ali Martinez recently shared an in-depth analysis assessing Bitcoin’s…

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BTC Hits 2-Week High After FOMC Meeting, XRP Marks 8% Surge (Market Watch)

Although the Fed didn’t lower the interest rates, bitcoin’s price actually reacted well following the meeting and shot up to a multi-week peak of over $87,500 where it faced some…

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North Carolina and Minnesota Introduce Legislation to Expand Bitcoin Adoption

Recently, both North Carolina and Minnesota have introduced legislation aimed at expanding Bitcoin adoption amidst a growing trend among US states to explore cryptocurrency reserves. In North Carolina, the State…

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Bitcoin Whales Are Buying the Dip, Accumulating Over 200K BTC in a Month

Over the past few weeks, bitcoin (BTC), the leading cryptocurrency by market capitalization, experienced a significant price drawback. It dropped from around $99,000 to as low as $77,000. Despite this…

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Bitcoin Reclaims $83K Ahead of FOMC Meeting, HYPE Explodes by 11% (Market Watch)

Bitcoin’s price tumbled toward $81,000 yesterday but managed to defend that level and now sits above $83,000 ahead of the second FOMC meeting for the year. Most altcoins are slightly…

Continue ReadingBitcoin Reclaims $83K Ahead of FOMC Meeting, HYPE Explodes by 11% (Market Watch)

Strategy Plans to Use Funds from Preferred Stock Offering for Bitcoin Acquisitions

Prominent business intelligence firm and the world’s largest corporate holder of the Bitcoin Strategy has announced plans to bid 5 million shares of its Series A Perpetual Strife Preferred Stock…

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