[Forum Announcement] Bitcoin Hits $90K Milestone—Is A Path to $100K On The Horizon? Analyst Weighs In
Bitcoin has reached a major milestone by surpassing the $90,000 price mark, marking a significant moment in its ongoing bullish rally. The price surge has drawn the attention of existing investors and attracted a new wave of market participants. This influx is evidenced by the increase in UTXO (Unspent Transaction Output) Age Bands. This metric tr
[Forum Announcement] Will Crypto Markets Bounce Back When $3.4B Bitcoin Options Expire Today?
Around 38,500 Bitcoin options contracts will expire on Friday, Nov. 15, and they have a notional value of around $3.4 billion. Today’s options expiry is pretty similar in magnitude to last week’s, as markets have remained buoyant for most of the week. However, analysts have cautioned that a correction is due following the largest rally for ar
[Forum Announcement] Spot Bitcoin ETFs see negative day with $400.6m net outflows
Spot Bitcoin exchange-traded funds in the United States experienced an outflow day on Nov. 14, ending their six-day inflow streak that had brought over $4.73 billion into the funds.
[Forum Announcement] Bitcoin Expert Predicts Correction To $78,000 CME Gap, Reveals Date For Next Bear Market
Bitcoin (BTC) has recently experienced a massive surge, rising over 39% since November 5th to reach a new record high of $93,250 on Wednesday. However, the largest cryptocurrency by market capitalization has since experienced a pullback and is currently trading around $88,800. Market analyst Quinten Francois has suggested that this retracement
[Forum Announcement] Record-Breaking Bitcoin Rally Post-Trump Victory Begins To Cool In Derivatives Trading, What’s Next?
The massive Bitcoin (BTC) rally following Donald Trump’s victory in the US presidential election is beginning to show signs of slowing down, particularly in the derivatives market, as evidenced by the leading digital asset’s retreat below the $90,000 mark on Thursday.
[Forum Announcement] Bitcoin Reserve to Reducing US National Debt
MicroStrategy chairman Michael Saylor has once again stressed the importance of the US having a strategic Bitcoin Reserve. In his latest CNBC interview, Saylor said that accumulating one million Bitcoins over the next five years can help the government reduce the US national debt by a staggering $16 trillion i.e. over 45% of the existing debt.
[Forum Announcement] Australia's DigitalX Slashes Costs, Reports 99% Annual Gain in Bitcoin Fund
Australian crypto fund manager DigitalX plans to position itself as a "flag bearer" for digital assets, preparing for what it sees as the crypto industry's "mainstream moment" following major breakthroughs and global political shifts, particularly in the U.S. DigitalX said Thursday it is undergoing significant cost reductions for its operations, c
[Forum Announcement] Trump trade over? Bitcoin, Ethereum ETFs see first outflow since election
United States-based spot Bitcoin and Ethereum exchange-traded funds (ETFs) bled on Thursday, ending a run of inflows since Donald Trump was elected president on Nov. 5. Farside Investors shows the 11 ETFs together posted a net outflow of $400.7 million on Nov. 14 as Bitcoin (BTC) saw a drop over the day and is down 2% over the last 24 hours at $8
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