Pro-crypto advocate John Deaton has launched his official campaign to unseat Elizabeth Warren in the US Senate. In a Feb. 20 post on social media platform X (formerly Twitter), Deaton revealed that he wants “the opportunity to fight for change, and for the people of Massachusetts in the United States…
Quick Take Short-term holders (STHs), defined by Glassnode as investors who’ve held Bitcoin for less than 155 days, have significantly bulked up their holdings since Dec. 3, moving from 2,236,571 to 2,682,061 Bitcoin, marking a substantial increase of 445,490 BTC, roughly a 20% increase. Long/Short-Term Holder Threshold: (Source: Glassnode) Conversely,…
The first photos of Sam Bankman-Fried, the convicted founder of the bankrupt FTX exchange, at New York’s Metropolitan Detention Centre, have emerged online from crypto influencer Tiffany Fong. Fong shared the exclusive images of SBF on Feb. 20 via the social media platform X (formerly Twitter), describing it as the…
Swiss authorities are investigating Tyr Capital, a crypto hedge fund, following accusations of disregarding risk warnings associated with the bankrupt FTX exchange before its November 2022 collapse, the Financial Times reported, citing legal documents filed in the Cayman Islands. According to the report, the investigations emanated from complaints of “criminal” mismanagement…
Quick Take Over the course of the past 30 days, Bitcoin cohorts have shown remarkable accumulation, hitting a high last seen in October 2023 with a total monthly balance change of 111,000 BTC. To put this into perspective, this is the highest Bitcoin accumulation witnessed since before the notable surge…
Bitwise Bitcoin ETF Trust (BITB) was recently approved as an investment option for a $30 billion network of Registered Investment Advisors (RIAs). Bitwise CEO Hunter Horsley revealed this development via social media platform X (formerly Twitter) on Feb. 19, noting that advisors within the network are now authorized to allocate…
Quick Take Recent data identified by HODL15Capital shows a shorting trend in the Bitcoin market, with leveraged positions potentially leading to approximately $1 billion of liquidations between the $52,400 and $53,000 mark. As Bitcoin stabilizes around $52,000, the Binance BTC/USDT pair, using the Coinglass Liquidation Heatmap, reveals substantial leverage above…
Last week, Bitcoin rode the bullish wave it got on last fall and broke above the coveted $52,000 level. Bitcoin regaining almost all of its losses since the collapse of FTX is a significant milestone for the industry that has been struggling to get out of a bear market for…
US Senator Elizabeth Warren is reportedly seeking donations to prepare for a possible challenge to her Senate seat, FOX Business’ Eleanor Terrett said on Feb. 19. In an email obtained by Terrett, Warren wrote: “New reporting … indicates that I officially have a Republican challenger considering running against me for…
A representative from Galaxy has predicted that spot Bitcoin ETFs will gain further adoption in the coming months, as reported by FOX Business on Feb. 19. Steve Kurz, global head of Galaxy Asset Management, said: “I’d be surprised in the next year if the top 10 wirehouses are not involved…