Meme-Coin, AI Tokens Lead Gains After Bitcoin Drop Causes $2B in Weekend Liquidations
One analyst firm said over $13 billion in open interest was wiped out as $1.5 billion in bullish bets were liquidated.
One analyst firm said over $13 billion in open interest was wiped out as $1.5 billion in bullish bets were liquidated.
The miner earned 50 bitcoin in April 2010 during the network’s early weeks and has held on to them for the entire time.
Ordinals and Runes are both projects by long-time Bitcoin developer Casey Rodarmor, which has created trust and lent an idea of authenticity among users.
Singapore-based Matrixport expects mainland Chinese investors to move billions into potential Hong Kong-listed spot BTC ETFs through the Stock Connect program.
Wright’s decision to drop his appeal comes a month after a U.K. court ruled that he was not Satoshi Nakamoto.
“There exists a large, untapped pool of capital within the Bitcoin ecosystem that remains dormant,” Wintermute’s OTC desk told CoinDesk.
Bitcoin started the year with an RSI of 45.
Quantitive trading firm Pythagoras sees risk assets pricing in two, not three Fed rate cuts for 2024 as bitcoin holds steady in Asia.
Major U.S. equity indices closed the day lower after disappointing CPI numbers, while BTC was up 1%.
Massive demand for a China-listed gold ETF sent its premium soaring to 30% earlier this week.