Bitcoin speculators send $4B to exchanges as BTC price loses $70K

Bitcoin (BTC) speculators panicked as the market dipped below $70,000, the latest data confirms. Data from onchain analytics firm Glassnode shows that short-term holders (STHs) offloaded 54,000 BTC on Oct. 31 —... Read more »

‘Crypto is not going anywhere’ — Florida chief financial officer

Jimmy Patronis, Florida’s chief financial officer and one of the officials responsible for overseeing the state’s pension funds, told CNBC’s Squawk Box that he directed the State Board of Administration to invest... Read more »

South Korea’s crypto investor surge drives CEX profits by 106%

Crypto investors saw a significant increase in South Korea, along with the profitability of the country’s digital asset exchanges. South Korean cryptocurrency investors stood at 7.78 million during the first half of... Read more »

Bitcoin traders take a breather as BTC price metrics hint new highs are incoming

Bitcoin (BTC) surged 9.7% from Oct. 27 to Oct. 29, reaching a peak of $73,575, before paring gains to retest the $71,500 level on Oct. 30. Despite Bitcoin’s price correction, several indicators—including... Read more »

Who is the crypto industry backing?

The 2024 United States presidential election has prompted many endorsements from the cryptocurrency industry, with several executives and entrepreneurs voicing their support for either candidate. While Republican nominee and former President Donald... Read more »
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