Data Signals Bitcoin (BTC) Surge: Is $106K the Next Stop?
TL;DR Bitcoin holds support above $104,000 while open interest on Binance drops, clearing weak positions and lowering liquidation risks. The Fed’s rate pause and derivatives exhaustion
Bitcoin (BTC) is a digital currency created in 2009 by an unknown person using the alias Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a publicly distributed ledger called a blockchain
TL;DR Bitcoin holds support above $104,000 while open interest on Binance drops, clearing weak positions and lowering liquidation risks. The Fed’s rate pause and derivatives exhaustion
TL;DR Bitcoin retail sentiment is at its most pessimistic since early April, according to Santiment data. Despite current volatility, historical trends suggest such bearishness may often
TL;DR Traders are aggressively hedging against a potential drop to $100,000, as Bitcoin options on Deribit show a sharp increase in put contracts. Short-term economic and
TL;DR Sustainable Mining Innovation: AgriFORCE Growing Systems is transforming stranded natural gas into energy for its Bitcoin mining operations in Berwyn, Alberta, powering 120 high-performance rigs.
TL;DR Bitwise CIO Matt Hougan warns that the fiat money system is no longer perceived as stable by many investors. Central banks are shifting toward gold
TL;DR Portfolio Shift: BBVA now recommends that wealthy clients allocate 3%-7% of their portfolios to cryptocurrencies, marking a significant change in traditional asset management. Tailored Strategy:
TL;DR Geopolitical Turbulence: Global tensions and escalating conflicts are spurring a significant crypto market sell-off, as investors adopt a risk-off stance amid uncertainty. Broad Crypto Downturn:
TL;DR Trump Media requested approval to launch an ETF that will invest directly in Bitcoin and Ethereum, under the name Truth Social ETF. The company plans
TL;DR VanEck warns that firms buying Bitcoin through stock issuance should halt the strategy if their share price drops to the level of their BTC reserves.
TL;DR Over $3.5 billion in Bitcoin and Ethereum options are set to expire this Friday, which could trigger short-term volatility across the crypto markets. BTC is
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