Bitcoin proxy Strategy acquires 6,911 BTC, now holds over 506,000 BTC
Strategy’s aggressive Bitcoin acquisition strategy underscores a growing trend of institutional investment in cryptocurrency, impacting market dynamics. The post Bitcoin proxy Strategy acquires 6,911 BTC, now holds over 506,000 BTC appeared first on Crypto Briefing....
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Ethereum Price Analysis: What’s Ahead for ETH After Reclaiming $2K?
Ethereum is currently attempting to recover after months of bearish pressure, but key resistance levels and liquidation dynamics suggest caution is still warranted. Technical Analysis By Edris Derakhshi The Daily Chart On the daily chart, ETH has managed to bounce from the $1,900 support zone and is now pushing...
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Bitcoin’s Weekend Surge Forms Another CME Gap, Signaling Possible Drop Back
As spot Bitcoin (BTC) pushed higher over the weekend reaching a high of $87,800 on Monday, another gap emerged between CME futures’ closing price on Friday and the start of the new week’s trading. The futures closed at $84,190 at the end of the last week and opened about...
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DYDX shoots up 10% as buybacks get a quarter of protocol revenue
Decentralized finance (DeFi) trading platform dYdX announced its first-ever token buyback program on March 24, aiming to reinvest in its ecosystem to enhance security and governance. According to the announcement, 25% of the protocol’s net fees will be dedicated to monthly buybacks of its native dYdY (DYDX) token on...
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Fidelity files with the SEC to launch blockchain-based U.S. dollar money market fund
Asset manager Fidelity Investments has filed with the U.S. Securities and Exchange Commission for regulatory approval to launch a blockchain-based, tokenized share class of its U.S. dollar money market fund. Fidelity Investments has submitted a proposal to create a blockchain-based…...
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Bitcoin Price Analysis: BTC Eyes $90K, but Momentum Shows Signs of Weakness
Bitcoin is showing signs of recovery after finding support at the 200-day moving average. However, the bullish momentum appears weak, suggesting that this rebound could be a temporary correction rather than the start of a sustained uptrend. Technical Analysis By Shayan The Daily Chart Bitcoin is showing early signs...
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Decentralized storage: The key to AI’s next evolution | Opinion
Decentralized storage will not just support AI—it will enable its full potential, empowering industries to innovate and thrive in an AI-driven world...
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Hackers exploit Russian smart homes for crypto mining: report
Hackers are exploiting vulnerabilities in Russian smart homes to create botnets, using the infected devices to mine cryptocurrency and launch DDoS attacks. Hackers are reportedly exploiting vulnerabilities in Russian smart homes to mine cryptocurrency and carry out cyberattacks, Russia’s state-controlled…...
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Bitcoin Open Future Bets on Binance Increase by $600M, Suggest More Price Volatility
The bitcoin (BTC) price has jumped 2% to $87,800 since midnight UTC. The increase has been accompanied by an uptick in future open interest on Binance, validating the buoyant market mood to signal sustainable gains. The open interest in the BTC-USDT futures listed on the exchange has increased by...
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Bitcoin Could Replace Tesla In ‘Magnificent 7’ To Boost Returns, Reduce Volatility: Standard Chartered
Bitcoin (CRYPTO: BTC) may have outgrown its status as just a hedge against traditional finance risks and is increasingly behaving like a Nasdaq-listed tech stock, according to new research from Standard Chartered‘s Head of Digital Asset Research, Geoffrey Kendrick. What Happened: In a note shared with Benzinga Monday, Kendrick...
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