A crypto analyst has pointed out his long and short BTC positions, further underlining that there are multiple trade scenarios. His analysis comes at a time when BTC is retracing its value closer to a lower value as forecasted by Kalshi Traders. Crypto Analyst on BTC Positions Lennaert Snyder, a
Binance has added more bitcoins to its SAFU Fund. The move comes at a time when BTC price has slipped to a low of around $68k, with the possibility of further decline in the days to come. Binance Founder Changpeng CZ Zhao has hailed the recent acquisition. Binance Adds More
Bithumb, a South Korean crypto firm, accidentally transferred Bitcoin tokens in large numbers to its users. This triggered a sell-off on the platform, possibly and briefly affecting BTC prices on the chart. The flagship token has declined slightly since the report of the incident surfaced. All sights are also on
The Google search volume for the word “Bitcoin” has intensely increased in the last week as the price of the asset concisely slipped to the $60,000 level for the first time witnessed after October 2024. The provisional data from Google Trends reveals that the worldwide searches for Bitcoin attained a
On February 6, Shiba Inu witnesses potential gains after the rebound of Bitcoin from the $60,000 threshold. After the recovery, the traders again became speculative for altcoins, placing SHIB as one of the assets heavily profited by the return of liquidity to the market. The significant change in the price
Metaplanet is a Bitcoin vault company based in Japan. And it was reported that they were committing themselves to buying even more Bitcoins despite the latest dips in price. In fact, the value of Bitcoin went down to around $60,000 in the past before it went back up to some
Eleven major U.S. public pension funds are now reporting substantial unrealized losses on microcap Strategy shares linked to Bitcoin. Their combined holdings of almost 1.8 million Strategy shares are currently worth $240 million. This is down from $577 million, which indicates a substantial drawdown. Market information reveals that this represents
Shorts on ETH, SOL, and BTC recorded profits, prompting a series of reactions from the crypto market. The update comes at a time when all tokens have significantly lost their respective values over the last 24 hours. Meanwhile, a possibility is emerging amid corrections in Gold and Silver prices. Profits
Bhutan has shifted millions worth of Bitcoin from its sovereign wallets this week amid a broader crypto downturn that has seen its overall crypto asset holdings decline by more than 70% from its peak level of $1.14 billion. On-Chain analytics platform Arkham reveals that Bhutan’s sovereign investment arm, Druk Holding
One of the world’s biggest crypto exchanges, Binance, has made additions to its Secure Asset Fund for Users (SAFU) by acquiring 1,315 BTC worth $100 million, according to Arkham data. This is the second acquisition of Bitcoin by Binance as part of its plan to turn up to $1 billion
