Bitcoin Approaches $100,000: Market Dynamics and New Milestones
TL;DR Bitcoin hits new all-time high of $97,777 driven by high demand. Open interest in derivatives surpasses $60 billion, marking a 50% increase. Exchange reserves...
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Bybit Launches a Bitcoin Trading Competition with 50,000 USDT in Prizes
TL;DR Bybit launches a Bitcoin trading competition with a total prize of 50,000 USDT, celebrating BTC’s new all-time high. Two distinct challenges: one for beginners...
MicroStrategy Achieves 41.8% Return in 2024 Thanks to Its Bitcoin Acquisitions
TL;DR MicroStrategy, the leader in corporate Bitcoin holdings, achieved a 41.8% return in 2024, accumulating approximately 79,130 additional BTC. The company reached these results through...
Bitcoin Eyes $135K: Caution Urged Amid Leverage and Retail FOMO
TL;DR Bitcoin could hit $135,000 according to CryptoQuant CEO. Retail investor participation in the market is growing. Warns of risks due to high leverage in...
Spot Bitcoin ETFs Surge with $1.7B Weekly Inflows
TL;DR Bitcoin spot ETFs hit $1.7 billion in weekly inflows, marking six consecutive weeks of positive flows. Assets under management by these ETFs represent 5.27%...
Bitfinex Hacker Sentenced for Laundering Billions in Stolen Bitcoin
TL;DR Ilya Lichtenstein was sentenced to five years in prison for his role in the 2016 Bitfinex hack, which resulted in the theft of 120,000...
Bitcoin ETF Outflows Hit $400M as Investors Take Profits
TL;DR Bitcoin breaks its six-day winning streak with $400 million outflow from ETFs on Nov. 14. BlackRock’s ETF bucks the trend with $126.5 million inflow,...
Bitcoin Surpasses $90,000, But Faces a Temporary Correction Due to Dollar Strength
TL;DR Bitcoin surpassed $90,000 but faces a temporary correction due to the strength of the U.S. dollar, which could slow its rise. The strengthening of...
Robinhood CEO Predicts Bitcoin Boom Under Trump’s Pro-Crypto Administration
TL;DR Robinhood CEO Vlad Tenev links Bitcoin’s rise to Donald Trump’s upcoming term. Trump promises to make the US a global hub for cryptocurrency innovation....
The MicroStrategy $10B Bitcoin Profit
TL;DR MicroStrategy posts $10.55 billion in unrealized gains thanks to recent surge in Bitcoin price. The company has accumulated 252,220 BTC, currently valued at $20.48...