BTC and ETH Face $3.7B Expiry: Short-Term Market Trends in the Spotlight
TL;DR $3.19 billion in BTC options and $574.8 million in ETH options expire today, impacting short-term trends. The maximum pressure points for BTC and ETH are
bitcoin (Latest Publications)
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
MicroStrategy in Trouble? WSJ Reveals It Owes Taxes on Unrealized Bitcoin Gains
TL;DR MicroStrategy is facing tax issues over unrealized gains from its BTC, despite not having sold any. The Inflation Reduction Act of 2022 imposes a 15%
Crypto Market Soars as SEC Ends SAB 121: Here are the Details
TL;DR The SEC revokes SAB 121, allowing financial institutions to manage digital assets without recording them as liabilities, signaling a major regulatory shift. The introduction of
Bitcoin Soars After Senator Cynthia Lummis Appointed Chair of Senate Digital Asset Subcommittee
TL;DR The price of Bitcoin reached $106,000 after Cynthia Lummis’s announcement about “big things,” but then dropped when it was revealed that it was not about
Ethereum Aims to Position ETH as the Cryptocurrency for Wall Street, According to Bloomberg
TL;DR Ethereum seeks to establish itself as the preferred blockchain for financial institutions on Wall Street, emphasizing its security and track record. Vitalik Buterin and the
ARK Invest’s Cathie Wood Rejects Trump Coin, Citing Lack of Utility
TL;DR Cathie Wood, CEO of ARK Invest, has expressed skepticism towards Trump Coin, comparing it to the ICO boom of 2017 due to its speculative nature.
Breaking! BlackRock CEO Says Bitcoin Could Reach $700K
TL;DR Larry Fink, CEO of BlackRock, stated that Bitcoin could act as a safe haven against economic and political instability. Despite the recent drop in BTC,
Capital Inflows Remain Positive as Bitcoin Finds Near-Term Equilibrium
TL;DR Bitcoin surged to a new all-time high of $109,000, driven by positive capital inflows and declining sell-side pressure. The Realized Cap of Bitcoin is at
Social Media Trends and Whale Activity Drive Bitcoin Volatility Post-Inauguration
TL;DR Whale activity and social media speculation are causing high volatility in Bitcoin’s price, driving both sharp rises and drops. The price correction accelerated after the
Narrowing Wedge Pattern Could Signal Major Bitcoin Breakout, Analysts Suggest
TL;DR Analysts suggest a narrowing wedge pattern in Bitcoin’s price chart could signal a major breakout. Key factors include higher inflation, the Federal Reserve’s stance, and
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