Crypto Daybook Americas: Trump’s Reserve Rumors Swirl as BTC Rebound Eyes $95K
Your day-ahead look for March 5, 2025
Bitcoin Open Interest Hits Lowest Level Since August
Binance open interest drops below 100,000 BTC, lowest level in over a year.
Billions in BTC, ETH, XRP Flowed to Exchanges After Trump’s Reserve Plans
Inflows to exchanges from funds and traders usually imply an intention to sell, as large token holdings are usually stored in cold (or offline) wallets.
Animoca Brands’ Advisory Overtook Web3 Businesses in 2024 as the Yat Siu-Led Firm Pivots
Animoca Brands reported $314 million in bookings, up 12% from 2023’s $280 million, as the company pivoted away from its reliance on gaming and NFT sales.
More Trouble For Do Kwon? Hearing Delayed As New Piles Of Evidence Surface
The legal troubles of Do Kwon are far from over. A US federal judge has postponed his court hearing, originally set for March 6, after prosecutors uncovered a massive amount of new evidence. With four terabytes of additional data now in play, the case against the Terraform Labs co-founder is becoming even more complex. Related […]
The Bitcoin Cumulative Volume Delta Reveals ‘Everything Was Bought Up At $81K’ – Details
Bitcoin has faced massive volatility and price swings as the market struggles with uncertainty about the coming weeks. After briefly holding above $90,000 and $85,000, BTC lost both levels, leading to a sharp decline before bulls stepped in. Related Reading: Bitcoin Volatility Range Doubles In The Past Week – What This Means For BTC Following […]
Bitcoin Could Swing Back to $95K Amid Signs of BTC Bear Exhaustion
Signs of seller exhaustion at the 200-day SMA suggests scope for a price bounce.
Sygnum Bank Expands Custody to Include Leading Crypto Options Exchange Deribit
Sygnum and Deribit are now leveraging crypto custodian Fireblocks' "Off Exchange" service
Dollar Index Declines Below 105 as Bitcoin Surges Past $88K
The DXY index has now dropped to its lowest level since mid-November.
Bitcoin Hashrate At Risk? US Trade War Could Hit 5% Mining Power
Bitcoin faces significant uncertainty as the trade war between the US and Canada could disrupt mining operations. Ontario Premier Doug Ford has warned that Canada may impose retaliatory tariffs on electricity exports to northern US states—or even cut the flow of power entirely—in response to tariffs introduced by US President Donald Trump. US-Canada Feud Could […]