A significant $46 million long position has been opened in Bitcoin, indicating strong bullish sentiment in the cryptocurrency market. This move aligns with recent trends, as whales have been entering large leveraged positions on Bitcoin perpetuals, frequently using 40x leverage. Notably, Bitcoin has shown resilience, maintaining upward momentum despite declines in global stock markets due to international conflicts.
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 […]
Neobank Deblock has announced that it now offers true self-custody features to its 300,000 users, allowing them greater control over their digital assets. This shift highlights the growing trend among neobanks to prioritize user-controlled private […]
Florida has proposed a law that would eliminate capital gains tax on Bitcoin, becoming the first state to do so. Although the proposal could provide a state-level exemption for Bitcoin, it is important to note […]