High Inflation in the US Alarms Bitcoin Traders
Weak CPI data led to a reduction in risks in bitcoin derivatives. Open interest (OI) on major crypto exchanges fell by nearly $1.25 billion, noted CryptoQuant contributor Amr Taha.
High Inflation in the US Alarms Bitcoin Traders
Weak CPI data led to a reduction in risks in bitcoin derivatives. Open interest (OI) on major crypto exchanges fell by nearly $1.25 billion, noted CryptoQuant contributor Amr Taha.
Metaplanet and Upexi Report Losses Due to Cryptocurrency Revaluation
The public company Metaplanet released its financial report for the first quarter. The firm's net loss amounted to 114.5 billion yen due to the decline in bitcoin's price.
21Shares Launches First Hyperliquid-Based ETF
21Shares has introduced an exchange-traded fund on Nasdaq under the ticker THYP, offering access to the native token of Hyperliquid without direct asset purchase.
Charles Schwab Introduces Bitcoin and Ethereum Trading
Charles Schwab has opened access to the Schwab Crypto platform for its first group of retail clients. Users can now trade Bitcoin and Ethereum directly.
Bhutan Simplifies Registration for Crypto Firms
The special economic zone of Bhutan, GMC, has introduced a streamlined licensing mechanism for international companies. The initiative targets fintech startups and virtual asset service providers.
Bitcoin Products Attract $706 Million Amid Six-Week Inflow Streak
Between May 4 and May 8, inflows into exchange-traded cryptocurrency products totaled $857.9 million. This positive trend has persisted for six consecutive weeks, marking a record since late April.
JPMorgan Observes Capital Shift from Gold to Bitcoin
JPMorgan analysts have observed a shift in investor priorities following the escalation of conflict in the Middle East.
Solv Protocol Abandons LayerZero Following Kelp Hack
The Bitcoin project Solv Protocol has abandoned the cross-chain infrastructure LayerZero in favor of CCIP from Chainlink.
CryptoQuant Labels Bitcoin Bottom Predictions as “Just Theory”
Bitcoin has yet to reach a local minimum, as the price must navigate several resistance zones with a high concentration of loss-making positions.
Bitcoin Whales on Hyperliquid Reach Record Long Positions
Major Bitcoin holders on the decentralized platform Hyperliquid have significantly increased their net long positions.We use cookies to improve the quality of our service.
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