Bitcoin recaptured the $110,000 level for the second consecutive day, perhaps dragged higher by even larger gains among altcoins. Up 0.9% more than 1% in the last 24 hours, bitcoin was trading just above $110,000 shortly after the close of U.S. stock …
Long-term holder (LTH) bitcoin supply, as tracked by Glassnode, has surged to a record 14.46 million BTC, signaling confidence that price gains are in store. LTHs, defined as investors holding bitcoin BTC$108,541.09 for at least 155 days, are often …
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s …
Energy-management firm KULR (KULR) is looking to raise up to $300 million by selling shares of its common stock in an at-the-market (ATM) offering facilitated by Cantor Fitzgerald. The funds will be used for general corporate purposes, including …
Bitcoin BTC$105,456.86 has taken deeper root in corporate treasuries, with 116 public companies now holding a combined 809,100 BTC, worth around $85 billion based on current prices, at the end of May. That’s a dramatic rise from 312,200 BTC held a …
Those who have followed financial markets for some time may have heard of contrary indicators. These metrics are often misleading at first glance – some appear positive but tend to signal a market downtrend, while others that seem negative mark price …
It’s raining institutional activity across all corners of the digital asset ecosystem. Core Foundation, which leverages Bitcoin’s security and infrastructure to create a Proof-of-Stake (PoS) layer and a DeFi ecosystem, announced BitGo and KODA as …
Bitcoin mining firm BitFuFu posted a record-setting month in May, boosting its hashrate under management to 34.1 exahashes per second (EH/s) and producing 400 BTC, up 91% from April. Most of that production came from cloud-mining clients, who …
10x Research, led by Markus Thielen, likes bearish options bets on Strategy (MSTR) as the Nasdaq-listed bitcoin BTC$110,093.61 holder’s share price diverges from the upward trending BTC price. In a report sent to clients Friday, Thielen recommended a …
Bitcoin’s recent pullback has established strong volume-based resistance near $108,300, with support forming in the $106,700-$107,000 zone. The correction accelerated with a notable price surge from $107,373 to $107,671 between 13:06-13:36, followed …