Insights
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Canadian and UK banks invest over $280 million in Bitcoin ETFs
Major financial institutions in Canada and the United Kingdom are expanding their exposure to BTC by investing over $280 million…
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Ethereum Foundation on-course to earn $1.5 million through allocation of 50k ETH to DeFi
The Ethereum Foundation has allocated 50,000 ETH to several DeFi platforms amid its shift in treasury management approach. On Feb.…
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Bitcoin Power Law suggests November peak over $200,000 and never revisiting $70k
Bitcoin’s past cycles peaked in November or December, with peaks on Nov. 10, 2021, at $69,000; Dec. 17, 2017, at…
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Bitcoin falls to $94k as first US inflation print under Trump comes in hot
Bitcoin fell 2.5% to $94,100 following the release of U.S. Consumer Price Index (CPI) data for January, which showed a…
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Binance denies asset sell-off rumors, attributes changes to internal treasury management
Binance has dismissed speculation that it is offloading its assets, attributing recent balance sheet adjustments to internal treasury management rather…
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Ethereum shorts on CME increased 500% in 3 months
Hedge funds have ramped their short positions on Ethereum, setting a new record on the Chicago Mercantile Exchange (CME). This…
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Public miners saw a 15% MoM decrease in production as hash rate and difficulty reach ATHs
The largest Bitcoin miners by market capitalization experienced a sharp drop in production in January as both the mining difficulty…
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BlackRock now owns 5% of Strategy’s outstanding shares
According to a Feb. 6 filing with the US Securities and Exchange Commission (SEC), BlackRock has expanded its stake in Strategy…
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Circle’s USDC supply reaches new ATH of $56 billion
Circle’s USD Coin (USDC) has reached a new milestone, surpassing a total supply of $56 billion. The stablecoin’s rapid expansion…
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Changpeng Zhao’s X post sends BNB Chain test memecoin soaring 10,000%
A test memecoin (TST) built on BNB Chain saw an explosive 10,000% surge after a social media post by former…
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