CryptoQuant’s Ki Young Ju Raises Concerns Over Ethena Labs’ BTC Move
TL;DR Ethena Labs’ Strategic Decision: Ethena Labs has decided to use Bitcoin (BTC) as collateral for its synthetic dollar-pegged product, USDe, to increase the product’s...
Tag : bitcoin
Robert Kiyosaki Bolsters Bitcoin Position: Predicts $100,000 and Advocates Silver Investment
TL;DR Robert Kiyosaki plans to purchase an additional 10 Bitcoin before April, driven by the upcoming halving event and his prediction that the price of...
Bit Digital Reports Huge Profits from Bitcoin Mining and AI
TL;DR Bit Digital has experienced impressive revenue growth during the fiscal year 2023, reaching $44.9 million, a 39% increase compared to the previous year. The...
NodeMonkes: The Unstoppable Rise of Bitcoin-Based NFTs
TL;DR The crypto market experiences an impressive surge led by Bitcoin, with notable impact on NFTs. NodeMonkes, a BTC-based NFT, records a 53% increase, solidifying...
Bitcoin’s Potential to Drop to $45K Amid a Market Correction
TL;DR Bitcoin’s Resilience: Despite a potential 40% price retracement and a current 10% drop, Bitcoin’s long-term bullish trend is expected to continue. The Halving Prediction: An anonymous...
Bitcoin: Record Mining Difficulty and Price Roller Coaster
TL;DR The average Bitcoin mining difficulty reached an all-time high of 79.35, showing a significant increase in competition among miners. Bitcoin price experienced extreme volatility,...
BlackRock iShares Bitcoin Trust Surpasses Historic 200,000 BTC Threshold, Reflecting Rapid Institutional Adoption
TL;DR BlackRock iShares Bitcoin Trust (IBIT) exceeds 200,000 BTC in assets. IBIT quickly becomes the world’s second-largest Bitcoin ETF by assets under management (AUM). The...
Drake Boosts Interest in Bitcoin by Endorsing Michael Saylor’s Long-Term Holding Strategy
TL;DR The famous Canadian rapper Drake shares on his Instagram account an interview with Michael Saylor, CEO of MicroStrategy, about Bitcoin. Saylor explains his strategy...
Trump Embraces Bitcoin and “Crazy New Currencies”
TL;DR Trump’s Endorsement of Cryptocurrencies: Former U.S. President Donald Trump has endorsed cryptocurrencies, revealing that he has personally profited from them, particularly Bitcoin, and would support...
Bitcoin Sets Another Record: CME BTC Futures Reach Historic Open Interest of $10 Billion
TL;DR The open interest of Bitcoin futures on the Chicago Mercantile Exchange (CME) has surpassed $10 billion. The record of 28,899 open standard futures contracts,...