On-chain data shows the Bitcoin spot exchange inventory, which had been stuck in consolidation earlier, has finally started following a new trajectory. Bitcoin Spot Exchange Supply Has Seen A Sharp Plunge Recently In a new post on X, analyst Willy Woo has discussed about the trend in the Bitcoin spot exchange inventory. This metric keeps track of the total amount of the cryptocurrency that’s sitting in the wallets of all centralized spot exchanges. This part of the exchange supply refers to the actual tokens of the asset that exist on…
Month: January 2025
U.S. Equities Flash Cautionary Signal for Bitcoin
By Omkar Godbole (All times ET unless indicated otherwise) It’s still early in 2025, and already we’re seeing a significant divergence between bitcoin and the S&P 500. BTC is looking to secure a foothold above $100,000, and its Deribit-listed options are indicating a bullish bias. The same can’t be said of the S&P 500, which has a history of providing risk-on/off cues to risk assets, including BTC. According to Cboe data, the SPX options skew now reflects greater downside risk than it did a year ago. The defensive positioning in…
KULR Does Not Cool Down: Acquires $21 Million Worth of Bitcoin
KULR, a company adopting a bitcoin-first strategy, has recently acquired $21 million worth of BTC as part of its accumulation program. The company aims to allocate 90% of its free cash reserves to bitcoin. KULR Kicks Off 2025 by Buying Bitcoin KULR, an energy management services company, has started 2025 by filling its bitcoin coffers. […] Original
Bitcoin Rallies With Trump’s Regulatory Reforms On The Horizon
Este artículo también está disponible en español. Bitcoin (BTC) has surpassed the $100,000 threshold for the first time in two weeks, supported by revived momentum after the expected confirmation of Donald Trump’s US election win by Congress this week. According to Bloomberg data, the market’s leading cryptocurrency climbed over 4% in the 24-hour time frame to hit $102,500 on Monday, recording a weekly rise of 11%—its highest surge since November 24. Bitcoin Rally Resumes: Surges Past $100,000 BTC’s performance in 2024 encountered a deceleration in late December as investors aimed…
Factors To Consider When Choosing a Crypto Exchange for Digital Asset Trading
According to one recent estimate, there are currently around 1,500 cryptocurrency exchanges up and running globally, which means you’re going to have to take a while to research them and narrow down your options. To get started, it helps to know what to look for in an exchange platform, and so we’ve come up with a basic list of criteria you’ll need to pay attention to. One of the most important things for every user should be the exchange’s security features and its trustworthiness, as you’ll want to ensure your…
InfiniSVM Blockchain Set for Launch in Solayer Labs’ Plans
Solayer Labs has announced the 2025 roadmap for the Solayer InfiniSVM, a hardware-accelerated blockchain designed to enhance scalability and performance. On Jan. 7, Solayer Labs, a restaking protocol on Solana, elaborated that the architecture of InfiniSVM is based on Shared Virtual Memory and aims at building one globally distributed-state machine with high-throughput, low-latency functionality capable of running complex decentralized applications. 🚨New: The Solana Foundation has introduced SIMD-0215, a proposal to scale Solana’s infrastructure for billions of user accounts. If adopted, it will replace the Epoch Accounts Hash with a lattice-based…
What Investors Need to Know Now
Este artículo también está disponible en español. The cryptocurrency market, led by Bitcoin, has often followed a pattern of alternating growth and decline cycles, reflecting investor sentiment and market fundamentals. Since the beginning of the current bull cycle in January 2023, Bitcoin has demonstrated substantial gains in both price and market duration. Increased capital inflows from new investors have supported this growth and existing participants are reinvesting their profits. However, recent indicators suggest that the market may now be entering the latter stages of this cycle, raising questions about what…
Kazakhstan Blocks Over 3,500 ‘Illegal’ Cryptocurrency Exchanges
Authorities in Kazakhstan have blocked more than 3,500 cryptocurrency exchanges operating illegally, according to an announcement by the Kazakh regulator, AFM RK. The crackdown resulted from joint efforts by the National Security Committee and the Ministry of Culture and Information. In 2023, Kazakh authorities blocked access to Coinbase, citing alleged violations of the country’s digital asset laws. Liquidation of Illegal Crypto Platforms In 2024, the regulator liquidated 36 illegal crypto exchanges with a combined turnover of 60 billion Kazakhstani tenge (over US$113 million). Additionally, it froze and confiscated assets worth…
Bitcoin miners tap billions in funding to counter energy challenges
Bitcoin mining firms are turning to billions in fresh funding as high energy prices squeeze profits. Facing soaring energy costs, Bitcoin (BTC) miners in the U.S. are building war chests worth billions as competition for resources intensifies and profitability following Bitcoin’s latest halving remains under pressure, the Financial Times reports. Companies like Marathon Digital, Riot Platforms, and CleanSpark have raised more than $3.7 billion since November 2024 through zero or near-zero coupon convertible notes. Much of the money has gone into buying Bitcoin to strengthen reserves as the largest crypto…
Fallen Crypto Exchange FTX EU Has a New Owner, but License Remains Suspended
Remember FTX? The European branch of the once-popular cryptocurrency exchange that became the center of a major scandal in 2022 has just been acquired. Backpack has become the new owner of FTX EU. Although Backpack currently ranks only 200th in CoinMarketCap’s cryptocurrency exchange rankings by daily trading volume, it hopes to expand its operations through the acquisition of this MiFID II-regulated entity. However, this move might not happen as quickly as anticipated. Backpack Acquires Defunct FTX EU for MiFID II License Since September 2022, FTX EU has held a Cyprus…