Defiance’s leveraged Strategy (MSTR) exchange-traded funds (ETFs) saw a surge in activity on Monday as the bitcoin (BTC)-holding firm’s shares fell to their 200-day average. A record 24.33 million shares in the Defiance daily target 2x long MSTR ETF, trading […]
It may be a coincidence, but the recent decline in the Nasdaq and bitcoin (BTC) coincides with a sharp rise in Japanese government bond yields and the strengthening of the safe-haven Japanese yen (JPY), reminiscent of the market dynamics seen
BTC and Nasdaq (NDX) Could Stabilize as Yen (JPY) Long Positioning Appears Stretched Read More »
Deribit-listed bitcoin (BTC) futures set to expire this Friday now trade marginally below the exchange’s index price, flashing a discount in a sign of weak demand for the cryptocurrency. “What we have seen is that near-tenor (7d and shorter) yields
BTC Short-Term Futures Slip Into Discount on Deribit in Sign of Weak Demand Read More »
Prices for XRP, the payments-focused cryptocurrency used by Ripple to facilitate cross-border transactions, plummeted over 27% in the week ended March 9, marking its largest weekly percentage decline since November 2022, according to data source TradingView and CoinDesk. The sell-off
Bitcoin (BTC) bears looked to penetrate key support Sunday, extending a three-day losing streak as macroeconomic concerns overshadowed President Donald Trump’s recent-crypto-related announcements. The leading cryptocurrency by market value slipped over 3% to $83,200, testing the 200-day simple moving average
U.S. President Donald Trump signed an executive order Thursday to establish a strategic bitcoin(BTC) reserve that includes BTC seized by the U.S. government through law enforcement actions. White House crypto and AI czar David Sacks said on X that the
Last week, prices for BlackRock’s spot bitcoin (BTC) exchange-traded fund (ETF) declined over 11%, with volumes reaching the highest since mid-November, according to data source TradingView. Over 331 million shares of the ETF, which trades under the IBIT ticker on
BlackRock’s BTC ETF (IBIT) Registers Highest Trading Volume in 3 Months Read More »
U.S. President Donald Trump on Sunday said that bitcoin (BTC), ether (ETH), XRP, solana (SOL) and cardano (ADA) could comprise the promised strategic crypto reserve, sparking a sharp rally in these tokens’ prices. The spot-led rally saw these tokens trade
Remember the last time you went on vacation? After locking the door and heading toward your car, you likely turned back abruptly to ensure the lock was secure before continuing your journey. Financial markets, led by a range of human
Bitcoin’s (BTC) prolonged range play above $90K has concluded bearishly this week, and how? The 12.6% drop observed in the first three days of the week (per UTC hours) marks the largest decline since the FTX bankruptcy in November 2022,
What Next for Bitcoin After BTC Suffers Biggest 3-Day Price Since FTX Debacle Read More »
