Category: News

Bitcoin speculative appetite declines as investors seek safety

Speculative appetite is vanishing from the crypto markets, as investors are looking for safer digital asset investments following the recent wave of memecoin scams and macroeconomic uncertainty. Bitcoin’s hot supply metric, which measures the Bitcoin (BTC) aged one week or less, is down over 50%, from 5.9% at the...
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Crypto-Friendly Cities: Where Bitcoin and Blockchain Are Taking Over

The world is evolving, and how we use money is changing accordingly. Some cities are embracing the use of blockchain technology as the destabilizing impacts of cryptocurrencies, such as Bitcoin, are hitting their economies hard. With supporting decentralized systems, digital […] The post Crypto-Friendly Cities: Where Bitcoin and Blockchain...
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Bitcoin Futures Open Interest Takes a Hit – Down 35% in 2 Months (Glassnode)

Since bitcoin (BTC) hit its all-time high (ATH) of $109,000 in mid-January, the leading cryptocurrency has plummeted by roughly 30%. This decline has extended beyond the asset’s price to the network’s open interest. According to data analyzed by the market intelligence platform Glassnode, Bitcoin Futures open interest is seeing...
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Lazarus Crypto Heist: Bybit CEO Says Nearly 90% Can Still Be Tracked

The Bybit hack on February 21st has been described as the biggest crypto breach in history. According to the authorities’ final analysis, the popular crypto exchange lost over $1.4 billion in digital assets, primarily Ether. Hours after the successful hacking, it was also revealed that North Korea’s Lazarus Group...
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