Bybit has released its latest weekly crypto derivatives report in collaboration with Block Scholes, highlighting record-breaking activity across major digital assets. The report reveals that Bitcoin (BTC) reached a new all-time high (ATH) of $111,000, fueling a surge in perpetual swaps of open interest on Bybit. Overall, perpetual open interest ...
Hong Kong-based DDC Enterprise (DayDayCook), a New York-listed ready-meal company, has announced a bold strategy to acquire 5,000 Bitcoin (BTC) over the next three years. The firm kicked off this initiative with an initial purchase of 21 BTC, valued at approximately $2.28 million, by issuing 254,333 company shares. This move ...
Genius Group has restarted its Bitcoin accumulation strategy after a US court lifted a temporary ban. On May 22, the company announced it resumed purchasing Bitcoin (BTC) following a favourable ruling from the US Court of Appeals, which previously restricted its ability to expand Bitcoin holdings. With the ban lifted, ...
Sweden-based health tech company H100 Group AB saw its shares surge nearly 40% after announcing a $490,000 investment in Bitcoin, joining a growing wave of tech firms turning to digital assets to diversify corporate reserves. In a press release, the Stockholm-headquartered firm disclosed it had acquired 4.39 Bitcoin for 1,138,737 ...
Matrixport analysts have observed a noticeable lack of retail investor activity in the current Bitcoin rally, marking a departure from the dynamics seen in previous bull markets. In the past, retail traders played a dominant role in driving price surges, but this time around, their involvement has not kept pace, ...
In a notable development for the traditional finance sector, Blackstone has made its first-ever investment in cryptocurrency by purchasing shares in BlackRock’s spot Bitcoin exchange-traded fund (ETF). This move, disclosed in a May 20 filing with the U.S. Securities and Exchange Commission (SEC), marks a cautious but significant step into ...
Strive Asset Management, co-founded by entrepreneur Vivek Ramaswamy, has unveiled an ambitious plan to expand its Bitcoin holdings by acquiring distressed Bitcoin claims linked to the infamous Mt. Gox bankruptcy. This move aims to build a 75,000 BTC treasury, positioning Strive as a major corporate Bitcoin holder amid increasing global ...
Bitcoin is trading at $106,384 with a 1.0% daily gain as of May 21, according to CoinGecko, marking a pivotal return to six-figure territory. The surge has captured market attention and sparked commentary from APT Miner, a rising voice in the crypto community on X, who shared cautionary insights from ...
JPMorgan Chase has announced a notable policy update allowing its clients to purchase Bitcoin through the bank, marking a cautious but significant shift in its approach to cryptocurrencies. CEO Jamie Dimon confirmed this development during a recent statement, highlighting that clients can now buy Bitcoin, but the bank will not ...
HTX Research is observing a growing wave of bullish sentiment in the crypto markets as Bitcoin holds steady and traders begin shifting capital into high-potential altcoins. The latest edition of HTX’s market insights column, HTX DeepThink, led by analyst Chloe, highlights that this optimism is fueled by a unique combination ...
