Bitcoin’s dip to around $75,500 briefly pushed the price just below Strategy’s (MSTR) average purchase cost of roughly $76,037 per coin. That may sound alarming at first glance, and it technically puts Michael Saylor’s firm underwater on its bitcoin holdings, but it doesn’t fundamentally change… Read More
Very large investors, or whales, holding 10,000 bitcoin or more are currently the only ones that are buying the largest cryptocurrency as prices plummet. All other holder groups are hitting the sell button, according to onchain data. This divergence is highlighted by Glassnode’s Accumulation Trend… Read More
Fitbit users have more time to switch to Google accounts The new deadline is May 19 (pushed back from February 2) Switching is quick and straightforward, via the Fitbit app Not long after Google bought Fitbit in 2021, it became clear that Fitbit accounts would… Read More
Binance blamed the October 10 flash crash on a macro shock colliding with heavy leverage and evaporating liquidity, rather than any breakdown in its trading systems following speculative chatter on social media. In a report released Saturday, the exchange said global markets were already under… Read More
The U.S. government is set to partially shut down at midnight, despite the Senate voting in favor of a funding package intended to keep the government running — showing the importance of specificity in prediction market contracts. The House of Representatives is out of session… Read More
Where bitcoin trades from here: Expect patience before the next leg higher. Hougan expects bitcoin to trade sideways between roughly $75,000 and $100,000 in the first half of the year. “There’s still a lot of Bitcoin for sale around $100,000,” he said, pointing to options-market… Read More
