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Direxion Withdraws Application for Short Bitcoin Futures ETF

Exchange-traded fund (ETF) issuer Direxion has withdrawn its application to the U.S. Securities and Exchange Commission (SEC) to list a…

2 years ago

Bitcoin Long-Term Holders Stay Strong Despite $20K Drop From Last Month’s High

Long-term holders marginally trimmed their bitcoin positions in recent weeks despite a sharp price drop, data from analytics firm Glassnode…

2 years ago

TA: Bitcoin Turns Sell on Rallies Towards $48K, Bears In Action

Bitcoin extended decline below the $47,500 support zone against the US Dollar. BTC could recover, but upsides might be limited…

2 years ago

Bitcoin Should Not Be Measured In Dollar Terms, Says Pompliano

The value of bitcoin is currently being measured in dollar terms and this is understandable given that fiat is still…

2 years ago

Elon Musk Explains DOGE Edge Over Bitcoin, But Where Is He Wrong?

In an interview for the Lex Fridman Podcast, CEO at Tesla Elon Musk talked about Dogecoin (DOGE), Bitcoin, Web 3,…

2 years ago

Bitcoin Mining Profits Remain at ‘Near Highs’ as Crypto Miners Rally

Crypto mining companies, including Marathon Digital and Hut 8, outperformed other crypto-linked stocks on Tuesday, as economics for the miners…

2 years ago

Fortress Technologies Buys 4,500 Bitcoin Mining Machines From Bitmain

Bitcoin mining company Fortress Technologies has ordered 4,500 Bitmain Antminer S19j Pro machines as it seeks to capture a greater…

2 years ago

Bakkt Expands Cryptocurrency Offering Beyond Bitcoin With Addition of Ether

Digital asset platform Bakkt Holdings (NYSE: BKKT) will soon allow its customers to trade ether, the second-largest cryptocurrency, in addition…

2 years ago

Square’s Cash App Generated $1.8B in Bitcoin Revenue in Q3

Payments firm Square said in its third-quarter earnings letter Thursday that its peer-to-peer payment service, Cash App, generated $1.82 billion…

2 years ago

Bitcoin Bearish Signal: Trend Is Again Shifting From Outflows To Inflows

On-chain data shows Bitcoin netflow trend is once again shifting from outflows to inflows, a sign that could prove to…

2 years ago