Bitcoin Speculators Lose Over $100M in Just Six Weeks Amid Panic Selling
TL;DR $100M Losses: Bitcoin speculators lost over $100M in six weeks as panic selling took hold. Market Capitulation: Bitcoin’s price drop caused the market cap to
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 $100M Losses: Bitcoin speculators lost over $100M in six weeks as panic selling took hold. Market Capitulation: Bitcoin’s price drop caused the market cap to
TL;DR The company has launched BMAX, the first ETF offering access to convertible bonds issued by companies integrating Bitcoin into their treasury strategies. MicroStrategy leads the
TL;DR Crypto-Backed Oil Trade: Russia is using Bitcoin and USDT to facilitate oil transactions with China and India, circumventing traditional financial systems amid global sanctions. Intermediary
TL;DR Bitcoin Reserve Proposal: President Trump’s executive order aims to establish a strategic Bitcoin reserve with 200,000 Bitcoin and oversee other forfeited cryptocurrencies through the U.S.
TL;DR A total of 35,000 Bitcoin options contracts will expire on March 14, creating uncertainty in the markets. Additionally, an even larger $11 billion expiry is
TL;DR Starknet users can now pay at merchants accepting Bitcoin Lightning payments using only STRK, thanks to Braavos wallet and the Atomiq bridge. No need to
TL;DR Bitcoin ETFs Rebound: March 12 saw a reversal with a net inflow of $13M, lifting cumulative inflows to $35.42B after a week of outflows. Divergent
TL;DR Solv has raised $10 million for its Bitcoin Reserve Offering (BRO), with the goal of building a $100 million BTC reserve. BRO aims to boost
TL;DR Bitcoin has faced intense selling pressure since January, mainly among recent investors panicking as they realize losses. Metrics like STH-SOPR indicate fear-driven selling, reminiscent of
TL;DR New ETF Launch: Bitwise Asset Management introduces the Bitcoin Standard Corporations ETF (OWNB) to track companies with significant Bitcoin reserves. Key Portfolio Details: The ETF
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