Author: Coin

Michael Saylor’s MicroStrategy plans to raise $21B for additional Bitcoin ($BTC) purchases through the At The Market (ATM) Program. Specifically, MicroStrategy will sell $21B worth of 8% Series A perpetual strike preferred stock – shares that pay an 8% dividend, have a $0.001 par value, and are convertible into MicroStrategy’s Class A common stock without […]

Volume in both leveraged long and short ETFs has increased sharply.

Data shows the cryptocurrency derivatives market has witnessed a mass liquidation event as Bitcoin and other digital assets have plunged. Crypto Liquidations Have Exceeded $680 Million In Last 24 Hours According to data from CoinGlass, a large amount of liquidations have occurred on the derivatives platforms during the past day. “Liquidation” here refers to the […]

Stretched positioning and Japanese institutional activity could cap gains in the yen, paving the way for a bounce in Nasdaq and bitcoin.

Large movement of coins to exchanges often breeds price volatility.

According to an X post by crypto trader Merlijn The Trader, Bitcoin (BTC) is following the ‘megaphone pattern’, positioning the top cryptocurrency for potential upside momentum. However, BTC must stay above the $72,000 price level for the pattern to play out. Bitcoin Following Megaphone Pattern – Time To Buy? Earlier today, BTC tumbled below the […]

Utah’s State Senate has exited the Strategic Bitcoin Reserve (SBR) race after amending the proposed bill allowing the state treasury to invest in digital assets. The amended legislation is now headed to Utah Governor Spencer Cox’s desk to be signed into law. Related Reading: Coinbase Hiring Spree: 1,000 Jobs Incoming As Crypto Regulations Improve Utah […]

Shiba Inu is reeling from a sharp price crash, with on-chain data pointing to massive selling by large holders (whales) as the culprit. Over the past week, SHIB’s market value has dropped significantly alongside the rest of the industry, erasing recent gains and testing key support levels. The exodus of Shiba Inu whales has not […]

CoinShares, a prominent European digital asset manager, earlier today released its latest report on cryptocurrency investment flows. The findings revealed that digital asset investment products experienced their fourth consecutive week of outflows, totaling $876 million. Despite the slowdown in outflows compared to previous weeks, CoinShares’ Head of Research, James Butterfill, noted that investor sentiment continues […]