Bitcoin Cash hasn’t seen open interest at this level since May 2021, when its price was nearly 2.5 times higher.
Bitcoin Cash open interest surges past $700M ahead of BCH halving MicroStrategy is trading at an ‘unjustifiable premium’ to Bitcoin: Analyst Kerrisdale Capital claims MicroStrategy’ is no longer a “unique way to gain access to Bitcoin” but Michael Saylor has long argued his firm will remain an attractive option to investors.
Bitcoin charts suggest the ‘dominance train’ is coming, traders say The current Bitcoin dominance chart resembles that of the “2018-2019 bear market,” crypto trader “Beanie” wrote on X.
Cathie Wood’s Bitcoin ETF hits daily inflow record as BTC retests $72K The ARK 21Shares Bitcoin ETF saw a massive $201.8 million in inflows, almost a four-fold increase from its daily average of $43.9 million.
KuCoin deemed ‘fine’ by analyst, despite criminal allegations Despite legal action against KuCoin’s founders and a drastic uptick in withdrawals from the exchange, CryptoQuant CEO Ki Young Ju claims there’s no reason to be overly concerned.
Bitcoin gears up for a ‘massive’ short squeeze, price could go ‘vertical’ Swyftx lead analyst Pav Hundal says this isn’t a “classic bulls versus bear battle,” while Swan Bitcoin CEO Cory Klippsten predicts “somebody gotta break at some point.”
Polygon zkEVM down due to issues with blockchain sequencer The crypto community has been speculating about the ongoing downtime, while Polygon assures its users that it is actively working to resolve the issue.
Hospitality worker caught with $2.5B Bitcoin found guilty of money laundering The United Kingdom police reportedly stated that the seizure was the “largest of its kind” in the nation’s history, with a sentencing date set for May.
Bitcoin demand in Argentina reaches highest point in nearly 2 years Bitcoin remains in demand among Argentines as the peso continues to lose value against the U.S. dollar, dropping from $0.0049/peso in March 2023 to $0.0012/peso.
SEC pushes back decision on Grayscale Ether futures ETF The United States securities regulator has postponed its decision on whether to approve Grayscale’s Ethereum Futures Trust ETF product until the end of May.
Pro-XRP lawyer confident he can win Senate bid, sets $1M campaign goal John Deaton shared with his online following that he’s covered half of the campaign funds and asked if they could pitch in the rest via cash or crypto.
Starbucks says its NFT rewards program must come to an end Starbucks’ decision to end its NFT rewards program aligns with similar moves by other major companies in the last year.
Vanguard’s outgoing CEO sticks to anti-Bitcoin ETF stance, despite inquiries Vanguard CEO Tim Buckley is resisting customer pressure to offer a spot Bitcoin ETF despite several of the firm’s competitors already offering them.
US manufacturing firms are flocking to the metaverse — WEF According to the World Economic Forum, the automotive, energy, software, aerospace and defense industries are leading the way for industrial metaverse investment.
Sam Altman rejoins OpenAI board following investigation According to a recent statement, the OpenAI board was unaware of the extent to which abruptly removing Sam Altman would destabilize the company.
Binance class-action lawsuit dismissal reversed by appeals court The United States Court of Appeals for the Second Circuit declared that the rationale given by the district court for dismissing the lawsuit against crypto exchange Binance was erroneous.
Crypto-related investment fraud rose 53% in 2023 — FBI According to the FBI, cryptocurrency-related investment fraud accounted for 86% of all investment losses within the United States in 2023.
Many terrible cryptocurrencies are trading at ‘crazy valuations,’ warns Bitwise exec Bitwise chief investment officer Matt Hougan cautions that not every token having a price surge in the cryptocurrency market “deserves to be.”
The global financial system is the ‘net new buyers’ this cycle — Chainlink founder Chainlink founder Sergey Nazarov pointed out the significant new crypto buyer group while eyeing the next development in the crypto market, real-world asset tokenization.
UK authorities will soon have fewer restrictions when seizing crypto From April 26, the U.K. economic crime legislation will include civil recovery orders for confiscating crypto assets.
Indonesia mulling changes to dual taxation on crypto: Report The Commodity Futures Trading Regulatory Agency of Indonesia has urged a reevaluation of the country’s 0.1% capital gains tax and 0.11% VAT on crypto transactions.
US energy officials agree to ‘destroy’ all data from crypto mining survey The Texas Blockchain Council and Bitcoin mining firm Riot Platforms claimed that the survey had political motives and posed a threat to innovation and economic growth in the United States.
ZachXBT recovers majority of $177K stolen NFT proceeds after 9-month probe Blockchain investigator ZachXBT revealed that after a “lengthy process,” he has retrieved the majority of the proceeds from a stolen DeGods NFT sold in May 2023.
Texas Blockchain Council and Riot secure win against US energy officials According to the court filing, the temporary restraining order granted aims to “preserve the status quo” and will expire before March 25.
46% of largest crypto airdrops peaked within 14 days — CoinGecko According to CoinGecko, among the 50 largest crypto airdrops since 2020, almost half of them reached all-time high prices within two weeks of the token being publicly listed.
Riot Platforms boosted BTC output by 19% in 2023, mines 6,626 Bitcoin While several of Riot Platform’s competitors mined more Bitcoin in 2023, Riot is preparing for 2024’s Bitcoin halving after acquiring 66,560 mining rigs from MicroBT.
Genesis GBTC sell-off will balance out in crypto market — Coinbase Coinbase forecasts that funds from Genesis’ GBTC sell-off would “remain within the crypto ecosystem” despite fears of potentially impacting Bitcoin’s price.
Aussie cop accused of stealing 81 Bitcoin during raid: Report The Australian federal police officer denies allegations of taking Bitcoin from a hardware wallet at the crime scene and transferring it to crypto exchange Binance.
Jupiter’s compliance division revokes investment in Ripple XRP ETP: Report Jupiter Asset Management’s compliance department reportedly flagged and then canceled the Ripple XRP ETP purchase, resulting in a minor loss.
Celsius distributes $2B of crypto to 172K creditors According to the court filing, around 20,500 Bitcoin and 301,000 Ether tokens have been distributed among eligible creditors without any security or operational issues.