Bitcoin Prints Fifth Straight Red Month; Previous Streak Was Followed By 300%...
Bitcoin (BTC) has wrapped up February with its fifth straight monthly loss, marking only the second time in its history that the leading cryptocurrency has printed five consecutive red candles on the monthly chart. Upside Call Options Surge The latest decline saw Bitcoin fall to around $63,000 last Saturday, representing a roughly 15% drop for the month of February. However, the start of March has brought a modest rebound. The asset opened the first week of the month at $68,600, posting gains of just over 3% as it attempts to reclaim the $70,000 level, which has continuously acted as a....
Related News
US-listed spot XRP ETFs just put together a streak that’s hard to ignore: 19 straight trading days of net inflows, with zero outflow sessions over the run, according to daily flow data compiled by Sosovalue. The numbers add up quickly. By Dec. 12, cumulative net inflows sat at $974.50 million, while total net assets across […]
Solana is holding its dominance in decentralized finance with a striking performance in July. Reports indicate that DEX activity on its network hit $124 billion during the month, extending a winning streak against Ethereum to 10 straight months. Analysts say this gives Solana a 40% edge over its rival in this segment, signaling a clear shift in user behavior. Related Reading: Ether Soars In August—But Will September Spoil The Party? Shift To Solana Picks Up Speed Reports have disclosed a sharp rise in new projects choosing Solana. Alliance DAO data show that more than 40% of founders in....
Bitwise CIO Matt Hougan says the recent Bitcoin dip is being read very differently inside institutional circles than it is on crypto social media. In a March 2 interview with Scott Melker, Hougan said many professional allocators that missed the first leg of ETF-driven adoption are now treating lower prices as an opening, not a warning sign. Bitcoin Dip Draws Rush From Institutional Buyers The clearest example was a prospective client Hougan said had been in discussions with Bitwise for roughly two years before finally committing $11 million. For Hougan, that was less a story about sudden....
MARA Holdings, one of the largest Bitcoin (BTC) mining companies in the world, has signaled a major shift in strategy that could have significant implications for the broader BTC market. In a recent filing with the US Securities and Exchange Commission (SEC), the company disclosed an update to its treasury policy that would allow it to sell Bitcoin from its balance sheet — a notable departure from its long-standing commitment to holding the asset as a long-term investment. Bitcoin Miner MARA May Sell Reserves Under the new policy, MARA is no longer strictly committed to retaining all of....
The newly appointed Chair of the Commodity Futures Trading Commission (CFTC), Mike Selig, has signaled that the United States is close to introducing a regulatory framework that would allow crypto perpetual futures to trade onshore. The move, if finalized in the coming weeks as suggested, could reshape the digital asset derivatives market and potentially create a significant opportunity for Hyperliquid (HYPE), one of the fastest-growing platforms in the perpetuals segment. CFTC’s Plan To Bring Crypto Perps Back To The US Speaking Tuesday at the Milken Institute’s Future of Finance....