MicroStrategy’s unrealized Bitcoin profit tops $1 billion
Unrealized profit on MicroStrategy's 158,400 BTC reached $1.17 billion. Investments increased by more than 25%.
MicroStrategy’s unrealized Bitcoin profit tops $1 billion
Unrealized profit on MicroStrategy's 158,400 BTC reached $1.17 billion. Investments increased by more than 25%.
Turning November: Bitcoin’s ATH anniversary and the FTX collapse
On November 10, 2021, the price of the first cryptocurrency hit a historic high of $69,000, and the following year—November 11—FTX filed for bankruptcy. We examine how these two polar opposite events affected the industry.
CME overtook Binance in the Bitcoin futures ranking
CME overtook Binance for the top spot in the list of the largest platforms by open interest in Bitcoin futures, according to Coinglass.
Fees in Ethereum and Bitcoin networks reach monthly highs
Over the last 24 hours, users reported high transfer fees in Bitcoin and Ethereum networks — in some cases fees exceeded $200.
Glassnode: In anticipation of the halving and an ETF, hodlers have hoarded a record number of coins
Glassnode: despite the active rebound of digital gold since the start of the year, coin supply remains extremely limited due to hodlers' actions.
Expert: Ethereum regains market share as Bitcoin stalls
Over the past week Ethereum outperformed Bitcoin and regained some market share, according to CoinShares analyst Luke Nolan.
Matrixport: Bitcoin shorts may be hit by the Santa Claus squeeze
Matrixport: recent macro shifts hint at a potential rally in the cryptocurrency market. Higher beta in altcoins reinforces this signal.
Bitfinex: Bitcoin price supported by expectations of a softer Fed policy
Bitcoin remains around the $35,000 mark as weaker US employment data suggest the Fed will take a dovish stance. Bitfinex analysts said.
Crypto funds attract inflows for a sixth consecutive week
CoinShares: inflows into cryptocurrency investment products from October 28 to November 3 totaled $261 million, after a record $326 million in July 2022 the previous week.
Arthur Hayes sees threat in institutional interest in Bitcoin.
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