This current drop in the Bitcoin Kimchi Premium comes as trading volumes on South Korea’s top five crypto exchanges plummet.
Metaplanet’s shift to Bitcoin is a significant step for the crypto community; it signals a growing trend of institutional adoption of cryptocurrencies.
The open interest (OI) for Bitcoin call options is twice the open interest for the put options, indicating an overall bullish sentiment.
Dorsey’s bullish outlook for the long-term price action of Bitcoin borders on the collaborative nature of its ecosystem.
This ongoing Bitcoin volatility has forced Bitwise, an asset management firm, to advise caution, suggesting the halving event might have been a “sell the news” scenario.
The difference between Bitcoin and traditional commodities is that it provides holders with both the benefits digital currencies offer and the advantages of conventional assets.
Data shows that crypto trading volume for spot and derivatives markets fell for the first time in seven months.
The launch of the A1566 model is more than just a new product release. It is a statement of Canaan’s ongoing dedication to pushing the boundaries of what’s possible in Bitcoin mining technology.
Core Scientific said that it would leverage its Bitcoin mining infrastructure towards other high-computing AI applications in the future.
Amid the uncertainty in the traditional market, and the condition of broken money, people are more like to move towards Bitcoin and other crypto altcoins, says analyst.
The recent upward momentum in Bitcoin (BTC) price has prompted options traders to reassess the likelihood of the cryptocurrency reaching the $100,000 by the year-end.
While Marathon Digital’s recent developments look promising enough, the company’s future remains undoubtedly tied to the fate of Bitcoin (BTC) and its price.
Although the US government holds a significant amount of Bitcoin, it has periodically sold portions of its crypto holdings.
The recent Bitcoin price rise above $65K has carried with it the altcoin market led by Solana, Toncoin, and Avalanche, among others.
It’s been two weeks since the halving and the price of Bitcoin has not seen a sizable jump. Rather, the coin has seen significant bearish fluctuations, going below $60,000.