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562 articles

Bitcoin open interest hits lows not seen since 2024: Is TradFi abandoning BTC?

Bitcoin open interest hits lows not seen since 2024: Is TradFi abandoning BTC?

Bitcoin open interest falls to $34 billion as investor demand dries up and traders’ concerns shift to worrying US macroeconomic data. Is TradFi exiting BTC?

Bitcoin in ‘capitulation zone’ as traders debate when BTC price will bottom

Bitcoin in ‘capitulation zone’ as traders debate when BTC price will bottom

Bitcoin appears trapped within a capitulation zone where long-term holders continue to sell, and bearish onchain metrics tease further downside. Will $40,000 mark the final price bottom?

Strategy (MSTR) Accounted for 97.5% of Corporate Bitcoin Buying Last Month, Report Shows

Strategy (MSTR) Accounted for 97.5% of Corporate Bitcoin Buying Last Month, Report Shows

Bitcoin Magazine Strategy (MSTR) Accounted for 97.5% of Corporate Bitcoin Buying Last Month, Report Shows The bitcoin corporate adoption world is increasingly dominated by a single player — Strategy...

ETH ETF holders in ‘worse position’ than BTC ETF peers as crypto market looks for bottom

ETH ETF holders in ‘worse position’ than BTC ETF peers as crypto market looks for bottom

Bitcoin and Ether spot ETF holders are nursing steep losses as the market continues to search for a local bottom, but data from Bloomberg suggests neither cohort is capitulating.

The Daily: Standard Chartered warns of further ‘pain and final capitulation’ for BTC and ETH, Binance completes $1B SAFU conversion to bitcoin, and more

The Daily: Standard Chartered warns of further ‘pain and final capitulation’ for BTC and ETH, Binance completes $1B SAFU conversion to bitcoin, and more

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

Bitcoin analysts predict ‘prolonged’ consolidation phase for BTC price

Bitcoin analysts predict ‘prolonged’ consolidation phase for BTC price

Glassnode analysts said Bitcoin remains stuck between “key cost-basis levels,” adding that a prolonged consolidation period may lie ahead for BTC even if traders are actively buying dips to the range...

Bitcoin’s Next Stop Might Be $50,000, Not the Moon, Says Standard Chartered Analyst

Bitcoin’s Next Stop Might Be $50,000, Not the Moon, Says Standard Chartered Analyst

Bitcoin Magazine Bitcoin’s Next Stop Might Be $50,000, Not the Moon, Says Standard Chartered Analyst itcoin is at risk of deeper losses as risk appetite fades and macro pressure builds, according to...

Wrapped Bitcoin team taps Hyperlane for WBTC bridge between Ethereum and Solana

Wrapped Bitcoin team taps Hyperlane for WBTC bridge between Ethereum and Solana

The Hyperlane Nexus Bridge will enable holders to transfer wBTC tokens between Ethereum and Solana, the team wrote in a press release. 

Bitcoin layer-2 builders pitch BTCFi as the next institutional unlock

Bitcoin layer-2 builders pitch BTCFi as the next institutional unlock

Leaders from Citrea, Rootstock Labs and BlockSpaceForce argued that bitcoin’s scaling layers are less about throughput and more about turning the asset into a programmable financial base layer.

Bitcoin miner outflows spike in January, but public sales remain limited

Bitcoin miner outflows spike in January, but public sales remain limited

Onchain data shows nearly 49,000 BTC moved from miner wallets in two days, but public disclosures suggest the transfers do not reflect broad capitulation.

Binance converts its $1 billion safety net into 15,000 BTC

Binance converts its $1 billion safety net into 15,000 BTC

The crypto exchange finalized a 30-day plan to convert its stablecoin-backed user protection fund into 15,000 BTC, reinforcing bitcoin as its long-term reserve asset.

Binance finalizes $1 billion SAFU reserve conversion into bitcoin

Binance finalizes $1 billion SAFU reserve conversion into bitcoin

Binance has completed the $1 billion transition of its SAFU reserves into bitcoin, confirming the fund holds 15,000 BTC.