The price of Bitcoin has reached a critical point, with a drop to $54,000 potentially leading to the liquidation of over $70 million in long positions. This scenario underscores the volatility of the cryptocurrency market, […]
Jane Street, a trading giant involved in market-making for Bitcoin ETFs, has reportedly moved significant amounts of Bitcoin, with its linked wallets depositing 270 BTC worth approximately $19 million to Bullish and LMAX Digital in […]
UBS, a major banking giant with $7 trillion in assets, has revealed it purchased $800 million worth of shares in Microstrategy, a company known for its significant Bitcoin holdings. This move reflects a broader trend […]
The White House has released Trump’s CyberStrategy, designating cryptocurrency and blockchain as strategic technologies essential for U.S. national security and economic leadership. This report highlights the administration’s commitment to treating these technologies with the same […]
Thailand has officially implemented a 0% capital gains tax on Bitcoin and other cryptocurrencies, a move designed to attract crypto activity within the country. This tax exemption applies to personal income gains from digital asset […]
Cango, a Bitcoin miner, has temporarily reduced approximately 30% of its mining capacity, lowering its average operating hashrate to 34.55 EH/s from the 50 EH/s it had deployed, due to declining mining profitability. This move […]
Utexo has successfully raised $7.5 million to advance its efforts in settling USDT transactions on the Bitcoin network. The investment round received backing from Tether, which aims to support the development of infrastructure for USDT […]
Bitcoin has fallen below $69,000, primarily driven by unexpected weakness in the February US job market, which has created a risk-off sentiment among investors. Additionally, ongoing geopolitical tensions in the Middle East and President Trump’s […]
Kazakhstan has recently become the holder of the 8th-largest government Bitcoin reserve, with estimated holdings of 3,544 BTC, as reported by the National Bank of Kazakhstan. This strategic move is part of a broader initiative […]
Bitcoin Spot ETF flows are stabilizing after a period of prolonged outflows, with the latest 14-day netflow trend indicating a reversal as institutional interest begins to return. This shift comes as Bitcoin has surpassed the […]