Public companies sold a total of 10,402 Bitcoin ($BTC) in the past month, highlighting a significant activity within the cryptocurrency market. Interestingly, over three times that amount was accumulated during the same period, indicating a strong demand for Bitcoin despite the selling trend. This dynamic reflects the ongoing fluctuations and investor sentiment surrounding cryptocurrency investments.
Bitcoin’s recent rebound approaching $70,000 appears tepid as derivatives data exhibits bearish sentiment, evidenced by negative funding rates, declining open interest, and a notable increase in demand for downside protection. This cautious market outlook is […]
South African Reserve Bank Governor Lesetja Kganyago cautioned about the rising popularity of stablecoins, expressing concerns that these cryptocurrency assets could “break apart.” This warning comes amidst a broader trend of global central banks highlighting […]
Binance data reveals that Bitcoin volatility has surged to its highest level since 2022 as the cryptocurrency market enters a new phase marked by increased uncertainty, largely due to recent regulatory shifts and greater institutional […]