Glassnode: Bitcoin funds have absorbed most of the selling pressure of long-term holders

Nov 21, 2024

Glassnode: Bitcoin funds have absorbed most of the selling pressure of long-term holders

Long-term holders are looking to lock in profits at new price highs, and have sold 137 000 bitcoins in a month

Coinbase has planned to delist wBTC after announcing its own wrapped bitcoin cbBTC

Nov 20, 2024

Coinbase has planned to delist wBTC after announcing its own wrapped bitcoin cbBTC

Trading of the asset from custodian BitGo will be halted on December 19

Trading in options on spot BTC ETFs opened in the United States

Nov 20, 2024

Trading in options on spot BTC ETFs opened in the United States

According to analysts, thanks to this, the cryptocurrency exchange rate once again reached its all-time high in a month

JPMorgan: BTC mining profitability has overtaken hashrate in terms of growth rate since the beginning of the month

Nov 19, 2024

JPMorgan: BTC mining profitability has overtaken hashrate in terms of growth rate since the beginning of the month

The capitalization of shares of industry companies grew by 33% over the same period

MicroStrategy to raise another $1,75 billion to buy bitcoins

Nov 19, 2024

MicroStrategy to raise another $1,75 billion to buy bitcoins

The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion

Analyst James Van Straten points to the weakening correlation between BTC and the US stock market

Nov 18, 2024

Analyst James Van Straten points to the weakening correlation between BTC and the US stock market

Since the beginning of the year, these assets have traded in the same direction only 52% of the time

Australian DigitalX bitcoin fund’s returns have reached 99%

Nov 15, 2024

Australian DigitalX bitcoin fund’s returns have reached 99%

DigitalX Bitcoin Fund has been operating since 2019 and is aimed at institutional investors

Bitcoin’s correlation with gold has fallen to its lowest since December 2023

Nov 13, 2024

Bitcoin’s correlation with gold has fallen to its lowest since December 2023

Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset

MicroStrategy has completed the largest bitcoin purchase deal at $2,03 billion

Nov 12, 2024

MicroStrategy has completed the largest bitcoin purchase deal at $2,03 billion

The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion

Bernstein: The bull crypto market has begun. Buy everything you can

Nov 11, 2024

Bernstein: The bull crypto market has begun. Buy everything you can

The company predicts that the rate of the first cryptocurrency will grow to $200 000 by the end of next year

Jack Dorsey’s Block will increase investment in mining and crypto wallet development

Nov 8, 2024

Jack Dorsey’s Block will increase investment in mining and crypto wallet development

Along with this, the company will reduce non-mining business units

CoinShares: US authorities will purchase up to 5% of BTC supply if a national crypto reserve is created

Nov 7, 2024

CoinShares: US authorities will purchase up to 5% of BTC supply if a national crypto reserve is created

Earlier, Trump promised to include the first cryptocurrency in the country’s reserves if re-elected as president