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...
Tag : bitcoin
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...
The ‘Crocodile of Wall Street’ Sentenced: A Landmark Case in Crypto Crime
TL;DR Heather Morgan, known as the “Crocodile of Wall Street,” was sentenced to 18 months in prison for laundering Bitcoin stolen from the Bitfinex hack...
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%...
The Crypto Market Awaits $4 Billion Options Expiry: What Will Happen?
TL;DR The expiration of $4 billion in Bitcoin and Ethereum options could trigger significant volatility in the crypto market. The maximum pain points are set...
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...