There’s no way to sugarcoat what transpired in the cryptocurrency market in the past week. Take bitcoin, for example. It challenged the $100,000 level on February 21 but slumped by over twenty grand in the following week to dump to a three-month low of $78,000 last Friday, February 28. Although it managed to recover some […]
As it typically happens when expectations point in one direction, BTC tends to go toward the other. This transpired in February 2025 as many market observers, as well as historical performances, hinted at substantial gains. That didn’t come to fruition, though. Worst February Since ’14 There was a lot of hype for February 2025. Perhaps […]
Around 58,000 Bitcoin options contracts will expire on Friday, Feb. 28, and they have a notional value of roughly $4.7 billion. This week’s expiry event is larger than usual because it is the end of the month. However, the impact on spot markets is likely to be minimal as they’re already reeling from US President […]
Crypto market capitalization has lost 18% over the past week, falling to its lowest level since the end of October at $2.75 trillion on Friday. Support lines have been broken, and all gains since the US presidential election in November have been wiped out as a whopping $600 billion has exited the space over the […]
It’s safe to say that the bears dominated the past few days in the cryptocurrency markets, as bitcoin’s price dumped to a new multi-month low of $82,000 on Wednesday evening. Such a massive price move in either direction hints at further volatility for the underlying asset, but one particular analyst believes the bear market might […]
Shares in the business intelligence and Bitcoin investment firm have tanked more than 11% over the past day in a fall to $250 in after-hours trading, according to Google Finance. Moreover, company stock (MSTR) is down 13.5% since the beginning of this year, battered recently by a crypto market rout that wiped out more than […]
Bitcoin’s price troubles continued in the past 24 hours as the asset plunged to its lowest position since January 13 of just over $90,000. Thus, the cryptocurrency has lost over nine grand since Friday’s peak. The total value of liquidated positions is expectedly on the rise, surpassing the $1 billion mark. Naturally, long positions dominate. […]
Metaplanet has announced that its total Bitcoin holdings have reached 2,100 BTC, now worth $196 million. The firm revealed it recently bought an additional 68.59 BTC for $6.6 million at an average price of $96,335. 0.01% of Total Bitcoin Supply In a February 20 X post, the company highlighted that its BTC reserves now make […]
There were 1,573 institutions with long exposure to Bitcoin as of the end of 2024, according to findings from Bitcoin analyst and educator Sam Callahan. The researcher took a deep dive into US Securities and Exchange Commission 13F filings, which are forms that large investment firms submit quarterly to disclose their holdings of stocks and […]
“I see more and more evidence of why it will [go to $1 million], and less and less of why it won’t,” opined the chief executive of crypto asset manager Bitwise, Hunter Horsley, on Feb. 17. He posed the question on X of why BTC isn’t going to be widely adopted and hit seven figures […]