According to recent data, open interest in bitcoin futures and options has significantly increased over the past several weeks on a number of trading platforms. QCP Capital’s observations on Monday revealed a significant interest in long-term September and December bitcoin calls that target the high six-figure price ranges. Confidence soars as Bitcoin wagers surpass $100,000. … Read more
The “Wolf of All Streets,” Scott Melker, thinks that the cryptocurrency market as a whole and bitcoin are about to see a significant upswing. He said, observing “incredible froth, exuberance, and people speaking with absolute certainty about their future wealth,” that “we will likely see a huge bubble and that coins with no fundamental value … Read more
Since the start of the year, the amount and value of liquid staking derivatives (LSDs) have increased dramatically; since January 6, 1.56 million ether have been added to LSD protocols. In the past two months, the total value of Ethereum kept has increased by $26.85 billion. The LSD Market Is Booming: Ethereum Holdings Passs $54 … Read more
Mike Novogratz, the CEO of Galaxy Digital, is adamant that bitcoin will hit $100,000 this year. He clarified, saying that there are currently more buyers and sellers and that exchange-traded funds (ETFs) for bitcoin are experiencing “runaway momentum.” Furthermore, he mentioned a “new phase of bitcoin” as baby boomers enter the asset class. He went … Read more
The biometric identity project, Worldcoin, has been prohibited from functioning in Spain for a maximum of three months, as per a press statement issued by the AEPD, the Spanish data agency. Using the EU’s General Data Protection Regulation (GDPR) as a foundation, the agency will also mandate that Worldcoin cease using the data that has … Read more
A sizable number of historical bitcoins, which date from 2010 to 2017, have been transferred for the first time since they were initially created, just as the price of the cryptocurrency is about to break all previous records. Based on available information, in the first week of March 2024, 4,237.73 old bitcoins worth over $283 … Read more
Four days later, on March 5—the day bitcoin reached its peak value of $69,210 per coin—the same entity transferred another 1,000 vintage bitcoins from 2010. On March 1, 2024, an infamous and massive bitcoin mega whale moved 2,000 vintage bitcoins from 2010. Millions are Moved by the 2010 Bitcoin Whale as Prices Peak Known for … Read more
As part of its 2024–2025 budget, the city of Hong Kong has provided specifics about the development of new Web3 and digital yuan initiatives. As part of its digital finance plans, Hong Kong Financial Secretary Paul Chan announced in a speech that the city would expand the digital yuan pilot and expedite the creation of … Read more
Anthony Scaramucci, the founder of Skybridge Capital, has maintained that purchasing bitcoin is “still very very early.” Referring to cryptocurrencies as the “Berkshire Hathaway of the 21st century,” he compared them to Warren Buffett’s business. It was never “too late,” in his opinion, to purchase Berkshire stock. For bitcoin, it is still very, very early. … Read more
Renowned chartist and seasoned trader Peter Brandt has reiterated his optimistic view on bitcoin. “My bet is that this is a’starting’ candle,” said Brandt, pointing to “huge monthly bars” on his bitcoin price chart, after increasing his goal price for bitcoin during this bull market cycle to $200K. The Bitcoin Bull Run Prediction of Peter … Read more