Browsing: Bitcoin

Bitcoin is currently facing significant market volatility, exacerbated by the expiry of options contracts. The cryptocurrency’s recent plunge has raised concerns among investors. Options expiry can often lead to increased fluctuations in prices, and analysts… (via Bpaynews real-time desk)

Can MicroStrategy Survive Reclassification as a Bitcoin Investment Vehicle? In recent years, MicroStrategy, a company formerly known for its business intelligence, mobile software, and cloud-based services, has pivoted its business strategy towards accumulating substantial holdings… (via Bpaynews real-time desk)

Bitcoin treasuries are transitioning from a strategy focused solely on holding assets to exploring yield generation, hedging strategies, and share buybacks due to a discount in net asset value (NAV). This shift indicates a growing… (via Bpaynews real-time desk)

VanEck’s CEO has stated that the firm will withdraw its investment if the fundamental principles of Bitcoin are compromised. He emphasized that the market’s demand for privacy is increasing. The CEO’s comments highlight the importance… (via Bpaynews real-time desk)

Bitcoin long liquidation volume Bitcoin could experience significant long liquidations if its price drops below $82,000, potentially reaching a liquidation volume of $1.285 billion on mainstream centralized exchanges. When Bitcoin’s price falls, it triggers automatic… (via Bpaynews real-time desk)

The US Spot Bitcoin ETF experienced a significant net inflow of $2.384 billion yesterday. This influx indicates growing investor interest in Bitcoin exchange-traded funds. The increase in assets under management reflects a broader trend in… (via Bpaynews real-time desk)

The Bitcoin Greed and Fear Index indicates a state of extreme pessimism, suggesting that a tactical bottom may be found in the cryptocurrency market. Analysts are closely monitoring this index as it often signals market… (via Bpaynews real-time desk)

Dogecoin price drop Dogecoin’s price has fallen 5.9% to reach $0.14, driven by Bitcoin’s decline below $90,000. This drop has led to significant selling pressure on the cryptocurrency market. A substantial outflow of $700 million… (via Bpaynews real-time desk)

Bitcoin support zone Bitcoin is currently trading at $84,722.97, reflecting a decline of 2.2% as institutional deleveraging exerts downward pressure on $BTC. This situation has pushed Bitcoin below significant moving averages. The cryptocurrency is now… (via Bpaynews real-time desk)

A newly identified address has taken a long position of 20 times on 104 Bitcoin, with an average entry price set at $84,400.4. This move indicates a significant investment strategy, reflecting confidence in the cryptocurrency… (via Bpaynews real-time desk)