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Strive Increases Bitcoin Reserves to 21,356 BTC After $82.5M Purchase
The financial services firm Strive has significantly expanded its digital asset portfolio through a substantial acquisition of Bitcoin (BTC). According to recent corporate disclosures, the company invested approximately…
Bloomberg ETF Experts Release New Book "Both Sides of the Coin" on Crypto
Bloomberg Intelligence senior ETF analysts Eric Balchunas and James Seyffart have announced the upcoming release of their new co-authored book, "Both Sides of the Coin." Announced via social media platform X, the public…
Bitcoin Open Interest Hits One-Month Low as Market Leverage Resets
Analytical data from Santiment indicates a significant shift in the Bitcoin (BTC) derivatives market, as leverage has been notably unwound following a recent price appreciation. While the primary cryptocurrency experien…
Bloomberg Analyst Mike McGlone Faces Backlash Over Bearish Bitcoin Outlook
The cryptocurrency market is currently witnessing a heated debate surrounding the recent technical forecasts provided by Mike McGlone, a senior macro strategist at Bloomberg Intelligence. Known for his data-driven appro…
Michael Saylor Defines Bitcoin as a Tool for Digital Economic Energy
Michael Saylor, the Executive Chairman of MicroStrategy and a prominent advocate for digital assets, has recently shared new insights into the fundamental value proposition of Bitcoin (BTC). Speaking via the social medi…
Bitcoin Demand From ETPs and Firms Outpaces New Supply by 3.6x
The imbalance between Bitcoin (BTC) market demand and its circulating supply has reached a significant milestone. According to recent data released by Bitwise and highlighted by analysts at Bitfinex, the volume of BTC a…
Representative Tlaib Discloses Crypto ETF Holdings Amid Legislative Voting
Recent financial disclosures have revealed that U.S. Representative Rashida Tlaib holds significant positions in cryptocurrency-related exchange-traded funds (ETFs) within her retirement portfolio. This development has …
Coinbase Bitcoin Premium Index Hits Record 97-Day Negative Streak
The Coinbase Bitcoin Premium Index has established a new historical milestone by maintaining a negative value for 97 consecutive days. According to the latest figures provided by Coinglass, this streak began on May 19, …
Wintermute Transfers $85.89 Million in SOL and BTC to Exchanges
Prominent algorithmic market maker Wintermute has executed substantial transfers of digital assets to major cryptocurrency exchanges, signaling potential liquidity shifts in the market. According to recent data from Onc…
Bitcoin Reclaims Key Support as Analysts Signal Local Bottom Formation
The primary cryptocurrency, Bitcoin (BTC), has shown signs of a potential trend reversal after reclaiming a critical technical benchmark. Market analysts observe that the asset has successfully re-established its positi…