Bitcoin’s drop below $70,000 is being seen very differently by long-time holders and institutional investors, according to Bitwise CEO Hunter Horsley. “I think long-time holders […]
ARK Sells $22M in Coinbase Shares, Buys Bullish Across ETFs
Cathie Wood’s ARK Invest continued reducing its exposure to crypto exchange Coinbase on Friday, unloading $22 million worth of shares across multiple exchange-traded funds (ETFs) […]
Bithumb Recovers Overpaid Bitcoin, Covers 1,788 BTC Shortfall
South Korean cryptocurrency exchange Bithumb says it has resolved an incident in which a promotional reward error credited certain user accounts with excess Bitcoin. In […]
Crypto Industry Heading For ‘Massive Consolidation,’ Says Bullish CEO
The crypto industry is likely to see more projects snapped up by larger companies, which may lead to a much less fragmented sector in the […]
Crypto Retail Investors Are Trying To ‘Meta-Analyze’ Market
Retail investors are scrutinizing the crypto market for signs that it may have bottomed out to gauge when to buy more crypto assets, according to […]
NFT Market Cap Returns to Pre-Hype Levels Near $1.5B
The global non-fungible token (NFT) sector fell below $1.5 billion in total market capitalization, returning to levels last seen before the sector’s rapid expansion in […]
Bitcoin Traders Say $58K is Key as Dip-Buyers Help BTC Rebound 11%
Bitcoin (BTC) rebounded above $65,000 on Friday, up 11% from 15-month lows below $60,000, as focus shifted to institutional dip buyers. Key takeaways: Bitcoin finally […]
23% of Investors Forecast Rate Cut at March FOMC Meeting
The number of traders expecting a rate cut at the March Federal Open Market Committee meeting rose following fears of a hawkish Fed nominee. The […]
CFTC Amends Guidance, Includes National Trust Banks As Stablecoin Issuers
The Commodity Futures Trading Commission (CFTC), a US financial regulator, reissued a staff letter on Friday to expand the criteria for payment stablecoins to include […]
Bitcoin Mining Difficulty Drops by 11% Amid Steep Market Downturn
The Bitcoin network mining difficulty, a metric tracking the relative challenge of adding new blocks to the Bitcoin (BTC) ledger, fell by about 11.16% in […]