Categories: Bitcoin Latest News

Bitcoin steady near $70,000 as rising open interest hints at cautious, bearish positioning

Bitcoin traded around $69,800 as open interest rose to $102 billion, suggesting defensive, bearish bets while altcoins outperformed in a risk-off macro backdrop.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

Recent Posts

Bitcoin’s Bear Cycle Looks Familiar — And That Might Be the Bullish Case

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UBS Ups Bitcoin Position, Buys More Shares in BlackRock’s ETF

Bitcoin Magazine UBS Ups Bitcoin Position, Buys More Shares in BlackRock’s ETF  Switzerland’s largest bank…

10 hours ago

Forecasts for $1 million bitcoin price likely look too ambitious, key ratio suggests

The thesis is that high yields on long-term U.S. Treasuries make non-yielding assets like bitcoin…

11 hours ago

Data Breach at Trezor Leaks Info on Nearly 14,000 Bitcoin Wallet Users

Bitcoin Magazine Data Breach at Trezor Leaks Info on Nearly 14,000 Bitcoin Wallet Users Hardware…

11 hours ago

Chinese AI Beats Restricted OpenAI and Anthropic Cybersecurity Models, Bitcoin Industry Warns

Bitcoin Magazine Chinese AI Beats Restricted OpenAI and Anthropic Cybersecurity Models, Bitcoin Industry Warns Bitcoin…

12 hours ago

Live updates: Bitcoin continues flat near $63,500 as U.S. PPI softer than forecast in July

An in-depth analysis of the U.S. CPI released Wednesday suggests the underlying price pressures remain…

16 hours ago