CME Traders Currently Shorting Over $6 Billion Of Bitcoin April 5, 2024 March was a big month for Bitcoin. It reached new all-time highs and ETF trading volumes reached $111 billion – almost tripling February’s $42 billion. ETFs purchasing 66,000 Bitcoin worth $3.3 billion, seriously outpaced miner production numbers of around 28,000, with that number soon to be halved. MicroStrategy’s $1.4 billion push to enter Bitcoin’s “1% [...]
CoinGecko report highlights dominance of Bitcoin July 19, 2023 CoinGecko has revealed its quarterly findings show that Bitcoin’s market dominance has returned to levels last seen in the second quarter of 2021.
Bitcoin price is up despite a cooling crypto market October 18, 2023 Bitcoin continues to gain ground and is trading for roughly $28.6k, up 1.9% over 24 hours and more than 5% over seven days. Ethereum (ETH) is down by 0.9% on the day but is clinging to its 1% gains over a seven-day period. The frantic trading activity in the Bitcoin market over the last few [...]
THORChain breaks volume records as Bitcoin passes $72,000 March 12, 2024 Yesterday, Bitcoin finally properly broke above its fabled $69,000 resistance with Michael Saylor FOMO'ing in his $800+ million from his convertible note offering. However, another protocol has also been making record highs. Last week, THORChain, the decentralised liquidity protocol, had record volumes of over $2.7 billion.
Bitcoin helping people of Lebanon navigate financial crisis September 28, 2023 Nigel Green examines how crypto is enabling Lebanese businesses to engage in international trade more efficiently.
Who created Bitcoin? A UK court trial is set to decide January 15, 2024 The self-proclaimed inventor of Bitcoin is set to appear at the High Court today as a trial gets underway to decide if he really is the creator of the first-ever cryptocurrency.
Bitcoin dips marginally on Fed’s hawkish statement September 21, 2023 Bitcoin is down marginally by 0.4%, again circling the $27k-level this morning, while Ethereum's Ether is down 0.9%, trading for $1,619.
Could Argentina be next to adopt Bitcoin as legal tender? September 11, 2023 Nigel Green casts an eye over Argentina's financial situation and believes the nation has a strong case for adopting Bitcoin.
Will Bitcoin break $35,000 this month? March 20, 2023 Nigel Green highlights key pillars that could bolster Bitcoin's efforts to continue its upward pattern and potentially hit $35k this month.
The story behind Bitcoin Pizza Day: celebrating a milestone in cryptocurrency history May 20, 2024 Bitcoin, the world's first decentralised cryptocurrency, has made headlines for its dramatic price swings and potential to revolutionise the financial world. However, not many are familiar with one of its most celebrated days: Bitcoin Pizza Day.