Bitdeer, a Bitcoin mining company traded on the Nasdaq, experienced a notable drop in its Bitcoin holdings last week. According to data …
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Bitcoin
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Markets
Banking giant Intesa Sanapolo discloses $100 million bitcoin ETF holdings, along with Strategy hedge
by shayaanby shayaanThe bank also holds a large put option position on Strategy, potentially capitalizing on the company trading above the value of its …
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Regulation
U.S. Treasury Secretary Scott Bessent Makes Hot Comments on Bitcoin and Altcoin Declines – Will the Market Recover?
by shayaanby shayaanIn an exclusive interview with CNBC, US Treasury Secretary Scott Bessent made critical statements on a range of topics, from volatility in …
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Key derivatives metrics and ETF flows suggest lack of demand, but macro forces offer hope. www.coindesk.com
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Markets
Bitcoin Bull-Bear Cycle Indicator Drops To Deepest Level Since FTX Bottom
by shayaanby shayaanKeshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been …
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Markets
BofA survey flags dollar bearish bets at over a decade high. Here's what it means for bitcoin
by shayaanby shayaanBofA’s February survey shows investor positioning in the U.S. dollar has fallen to its most negative level since at least early 2012. …
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The rapid buildout of AI data centers has revived a long-running debate over energy consumption, with critics arguing that large computing operations, …
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The shift may be due to complex market dynamics, potentially reflecting the unwinding of a trade that capitalized on bitcoin treasury companies …
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Bitcoin price corrected gains and tested the $67,500 support. BTC is now recovering and might aim for an upside break above $69,500. …
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Smart Contracts
Bitcoin on Pace for Longest Losing Streak Since 2018 Bear Market
by shayaanby shayaanIn short Bitcoin is down 52.44% from its all-time high in October, dangerously approaching its 2018 bear market decline of 56.26%. The …