BitMine’s Chairman, Tom Lee, has shared his perspective on the recent surge of crypto-focused treasury companies and the future of this multi-billion-dollar trend. Related Reading Crypto DATs Bubble Already Burst On Thursday, BitMine’s Chairman …
Bitcoin & Ethereum
Bitcoin BTC$106,803.77 slid under $107,000 in Friday’s Asian session, extending a slow drift lower as macro uncertainty and liquidity stress kept traders cautious across crypto markets. “The rebound on Sunday and Monday did not …
Ethereum could eventually surpass Bitcoin’s market share in a similar manner to how US equities overtook gold 54 years ago, when the US abandoned the gold standard, according to BitMEX chair Tom Lee. “Ethereum …
- Bitcoin & Ethereum
Will Markets Keep Falling When $4.8B Bitcoin Options Expire Today?
by adminby adminAnother Friday has come around, which means another batch of Bitcoin and Ether options contracts are expiring as spot markets remain in reset mode. Around 44,000 Bitcoin options contracts will expire on Friday, …
- Bitcoin & Ethereum
Bitcoin Faces Bearish Pressure Near $111K Support After Failing to Extend All-Time Highs
by adminby adminBitcoin (BTC) is once again testing critical support above $111,000, with traders debating whether the recent pullback marks the start of a deeper correction or a healthy consolidation before the next leg higher. Related …
Key takeaways: Bitwise analysts argue that selling pressure has likely peaked, and that dips may be good buying opportunities. Smaller BTC holders are accumulating even as miners increase exchange deposits. Recent weakness in Bitcoin …
- Bitcoin & Ethereum
Nasdaq-Listed Zeta Network Raises $231M via Bitcoin-Backed Private Placement
by adminby adminIn brief The deal raises roughly $231 million payable in BTC or SolvBTC, issued by Solv Protocol. Zeta says the transaction enhances its balance sheet and reflects confidence in Bitcoin’s fundamentals. The group touts …
Bitcoin Falls as Short Sellers Pile In, Even as Spot Buyers Step Up
In brief A short-selling cascade drove Bitcoin down 3.5% to $107,500, on Thursday, adding over $1 billion in bearish bets. The sell-off triggered $724 million in liquidations, with longs accounting for 74% of the …
Gold is up nearly 60% year-to-date, substantially outperforming bitcoin, which, in comparison, is up a paltry 13% – despite all the talk of a bull market. Analysts say that gold isn’t overpriced, despite the …
Binance-Led Selling Pressures Bitcoin, But ‘Uptober’ May Soon Flip the Script
Despite the current selling pressure, CryptoQuant sees only a short-term dip before Bitcoin’s late-October rebound historically kicks in. Bitcoin suffered a fresh decline of 2% over the past 24 hours, falling below $111,000 …