As Bitcoin (BTC) is pushed to an all-time high by the results of U.S. presidential elections, net Open Interest on derivatives exchanges follows. This could lead to even more dangerous volatility as crypto bears face $370 million short liquidations. Binance’s OI hits new ATH, analyst foresees volatility spike Binance (BNB), the world’s largest cryptocurrency exchange, […]
Category Archives: Coins
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According to Eric Balchunas, a prominent ETF analyst, BlackRock’s iShares Bitcoin Trust ETF (IBIT) managed to record $1 billion worth of trading volume in just 20 minutes of trading. The high-flying ETF product is on track to set a new volume record this Wednesday, according to Balchunas. Typically, ETFs tend to experience strong trading volume dusting […]
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
MicroStrategy co-founder Michael Saylor has thrown his support behind the idea of creating a strategic Bitcoin (BTC) reserve in a recent social media post. Meanwhile, the price of the leading cryptocurrency hit a fresh record high of $75,889 on the Bitstamp exchange at 19:55 UTC. U.S. Senator Cynthia Lummis (R-WY) initially introduced such a proposal back […]
In surprise posts on social network X, Ripple Chief Technology Officer David Schwartz and Cardano creator and developer Charles Hoskinson expressed appreciation for a previous conversation with each other. This was unexpected in light of previous squabbles between the XRP community and Cardano creator, due to Hoskinson’s controversial comments about the situation surrounding the SEC’s lawsuit […]
The price of Ethereum (ETH), the flagship altcoin, has surged by more than 10% over the past 24 hours. It is currently trading at $2,840 after giving up some gains, according to CoinGecko data. Following Ethereum’s price surge, Bitcoin dominance took a significant hit, plunging by more than 1.2% within a single day. The market […]
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
Michael Saylor, an American businessman, CEO of software giant MicroStrategy and a well-known Bitcoin supporter, released a new post on the topic of the main cryptocurrency. Known for his viral posts on Bitcoin, Saylor revealed today that MicroStrategy is not just a software maker but a real Bitcoin treasury company backed by BTC reserves. The entrepreneur proved […]
MicroStrategy co-founder Michael Saylor has reacted to Bitcoin hitting yet another record high by taking a jab at The Wall Street Journal (WSJ) in his recent social media post. Saylor has recalled the infamous Wall Street Journal article about how he “bet billions on Bitcoin and lost.” The doom-laden article, which was published in August 2022, […]