Historic Record in Bitcoin Futures Open Interest on the CME
TL;DR Open interest in Bitcoin futures on the CME reached an all-time high of 172,430 BTC, equivalent to $11.6 billion, with an increase of 25,125...
Tag : bitcoin
Tesla Makes First Bitcoin Moves in Two Years
TL;DR Tesla made its first Bitcoin transaction in two years, moving $225 million worth of BTC. The company transferred a total of $760 million in...
Bitcoin ETF Inflows Surge by $555M: Is a Bull Market Imminent?
TL;DR $555.90 million inflow into Bitcoin ETFs coincides with a surge in the cryptocurrency’s price. The rise in Bitcoin holdings in ETFs reflects investor confidence...
Solv Protocol Raises $11 Million to Boost Bitcoin Staking
TL;DR Solv Protocol has raised $11 million in funding, reaching a $200 million valuation, allowing it to expand its SolvBTC product. Investments come from Nomura’s...
MicroStrategy’s Michael Saylor Launches Free Bitcoin Crash Course as BTC Nears $65,000
TL;DR Michael Saylor’s Free Bitcoin Course: MicroStrategy’s Executive Chairman, Michael Saylor, has launched a free “Bitcoin Crash Course” to educate the public about Bitcoin, coinciding...
Bitcoin’s Path to $100K Unaffected by US Election, Says Dan Tapiero
TL;DR Dan Tapiero predicts Bitcoin will reach $100,000 regardless of the US presidential election outcome, driven by strong market fundamentals. Institutional investments and the upcoming...
Metaplanet Bold Move: Aiming to Become Asia’s Top Bitcoin Holder
TL;DR Metaplanet has acquired 108,999 BTC, increasing its reserves to 748,502 BTC. The company is seeking to overtake Meitu as the largest Bitcoin holder in...
Bitcoin Faces Potential Capitulation Before Major Bullish Move
TL;DR Short-Term Dip Expected: Analysts predict Bitcoin may face a significant dip due to tightening on-chain liquidity and declining stablecoin supplies before resuming its bullish...
Suspension of Stimulus in China Could Drive a Capital Reallocation Towards Crypto Sector
TL;DR China has suspended economic stimulus measures, affecting global financial markets, especially the crypto industry. QCP Capital anticipates a capital reallocation towards cryptocurrencies, considering that...
Bitcoin ETFs Surge with Over $235M Inflows, Fueling Market Optimism
TL;DR Bitcoin ETFs received more than $235 million in a single day in October, led by Fidelity and BlackRock. Bitcoin briefly surpassed $64,000, but then...