Month: February 2025

Dogecoin Open Interest Plunges 58%: How Do Shiba Inu & Pepe Compare?

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Data shows the Dogecoin Open Interest has seen a large drop recently. Here’s how the trend has compared for Shiba Inu and other memecoins. Dogecoin Has Witnessed A Decline In Open Interest Recently In a new post on X, the analytics firm Glassnode has discussed about the latest trend in the Open Interest for the various memecoins in the cryptocurrency sector. The “Open Interest” here refers to an indicator that keeps track of the total amount of positions related to a given asset currently open on all derivatives exchanges. First,…

MARA Holdings Acquires Texas Wind Farm to Power Bitcoin Mining

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Bitcoin miner MARA Holdings Inc. acquired wind farm in Hansford County, Texas, to power its operations with renewable energy, reduce costs, and extend the life of its application-specific integrated circuit (ASIC) bitcoin mining hardware. Wind Energy Boosts MARA’s Renewable Bitcoin Mining Operations Located in Hansford County, the wind farm offers 240 megawatts of interconnection capacity […] Original

Bitcoin Price Analysis: Short-Term Bulls Eye $98,800 Breakout for Rally Toward $100,000

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Bitcoin edges higher to $97,973 to $98,323 over the last hour, as traders assess macroeconomic and inflation signals alongside key technical levels. BTC Bitcoin’s daily chart shows price action stabilizing between $96,000 and $98,000, following a 10.3% retreat from its January 20, 2025, all-time high. The macro trend remains in a pullback phase, with critical […] Original

Nansen’s Bitcoin Analytics Reveal 42% Transactions Increase

Este artículo también está disponible en español. Blockchain analytics platform Nansen announced the launch of its Bitcoin (BTC) on-chain analytics to bring real-time, detailed insights into the flagship cryptocurrency, enabling users to track key on-chain metrics in the platform. Related Reading Nansen Brings Real-Time On-Chain Analytics For Bitcoin On Thursday, Nansen introduced its Bitcoin Growth Dashboard to provide a detailed view of the flagship crypto’s market movements and address the lack of user-friendly tracking tools for in-depth analysis in the market. The analytics platform noted that examining Bitcoin’s network at…

Franklin Templeton launches its Bitcoin and Ether ETF “EZPZ”

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Franklin Templeton has launched its latest crypto exchange-traded product, the Franklin Crypto Index ETF. This marks the asset manager’s third major crypto exchange-traded fund. The other two digital asset funds include the Franklin Bitcoin ETF (ticker: EZBC) and Franklin Ethereum ETF (ticker: EZET), approved in January and June, respectively. Franklin Templeton announced the launch of the Franklin Crypto Index ETF on Feb. 20. The fund, which Franklin Templeton filed for approval with the U.S. Securities and Exchange Commission in August 2024, will trade under the ticker EZPZ. The new exchange-traded…

ECB to Develop Fiat Currency Settlement System for Distributed-Ledger Transactions

The European Central Bank (ECB) said it is looking to develop a way of settling distributed-ledger technology (DLT) transactions with fiat currency as it expands its work on the key feature that underpins the blockchain and cryptocurrencies. The bank plans a two-stage approach to using the technology, which is a decentralized database that is maintained and updated independently by individual participants in a large network. Firstly it will develop a system linked to its existing Target settlement system. Target ensures “the free flow of cash, securities and collateral across Europe,”…

On-Chain Metrics Reveal The Most Critical Resistance For Bitcoin – Can BTC Break $97.5K?

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Este artículo también está disponible en español. Bitcoin continues to trade within a tight range, holding above the $94K level while struggling to break past the $100K mark. The long-term outlook remains bullish as BTC maintains key demand levels, but short-term price action remains uncertain. Investors and analysts are closely watching for a breakout, with speculation rising that this period of consolidation is the calm before the storm. Related Reading While bulls have defended crucial support levels, they have been unable to push BTC above key resistance, leading to growing…

Bitcoin Shockwave: Strategy’s $2B Fresh Capital Poised for Massive BTC Buy

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Microstrategy, now rebranded as Strategy, is raising $2 billion to fuel its next major bitcoin acquisition, doubling down on its position as the largest corporate holder of BTC. Strategy Raises $2 Billion and Prepares for Its Next Big Bitcoin Move Software intelligence firm Microstrategy (Nasdaq: MSTR), now rebranded as Strategy, has signaled an imminent bitcoin […] Original

Bitcoin trader jailed after hiding millions worth of BTC from U.K. court

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A British man was jailed for nearly five months after failing to disclose his Bitcoin holdings during a legal dispute with another cryptocurrency trader.  Graham Darby, 50, was sentenced to 18 months in prison for contempt of court but was released after serving 146 days and apologizing, according to Wales Online. The case stemmed from a failed cryptocurrency transaction between Darby and Zi Wang, a 22-year-old Australian trader. The two had agreed to swap 30 Bitcoin (BTC) for 400,000 Tezos (XTZ), with plans to reverse the trade after two years. …