Bitcoin Stagnates as CryptoQuant CEO Warns
Bitcoin is facing significant bearish pressure, with CryptoQuant CEO Ki Young Ju stating it’s “not pumpable right now” due to heavy selling and supply overhang. #Breaking #Crypto $BTC (-8) ↘
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin is facing significant bearish pressure, with CryptoQuant CEO Ki Young Ju stating it’s “not pumpable right now” due to heavy selling and supply overhang. #Breaking #Crypto $BTC (-8) ↘
Bitcoin consolidates as January payrolls rise by 130,000, impacting Federal Reserve rate expectations; investors await U.S. inflation data release. $BTC down 0.5% to $67,200. #Update #Crypto $BTC
Bitcoin’s Net Realized Profit/Loss hits -$1.73B, echoing Luna crash levels at $67K, indicating major capitulation without systemic damage. #Update #Crypto $BTC
@DanskeBank enables EU customers to invest in $BTC and $ETH via exchange-traded products on its platform, compliant with MiCA regulations. #Update #Crypto $BTC
Aster, endorsed by Binance’s Changpeng Zhao, will launch its privacy-focused Aster Chain mainnet in March, enhancing infrastructure and synthetic trading. #Update #Crypto
Paul Krugman, Nobel laureate, calls Bitcoin a failure and predicts a prolonged “crypto winter,” questioning its intrinsic value and highlighting its ties to illegal activities. #Update #Crypto $BTC
BlackRock Bitcoin ETF (IBIT) options surged to ninth in U.S. market, surpassing gold ETFs with 7.33 million contracts active, indicating rising demand for Bitcoin post-30% crash. $BTC #Update #Crypto $IBIT
@MicroStrategy’s perpetual preferred equity, Stretch (STRC), reclaimed its $100 par value, enabling potential bitcoin acquisitions. MSTR stock fell 5% to $126 as bitcoin trades around $67,500. #Update #Crypto $BTC
@MicroStrategy, led by Michael Saylor, reaffirms its commitment to quarterly $BTC purchases despite market volatility, emphasizing a long-term reserve strategy. #Update #Crypto $BTC
Elon Musk announces @X’s payment system, X Money, will enter external beta in 1–2 months after internal testing, aiming to integrate financial transactions on the platform. #Update #Fintech
Mysterious activity detected in a Bitcoin wallet linked to the ransom demand for missing 84-year-old Nancy Guthrie, with a transaction of about $300 reported. Investigation continues. #Update #Crypto $BTC
Scott Matherson’s latest piece explores the potential returns from a $500 investment in $BTC and $XRP since 2014, highlighting significant growth patterns. #Update #Crypto $BTC
Binance co-founder Changpeng “CZ” Zhao, SkyBridge Capital’s Anthony Scaramucci, and Michael Saylor confirm they are buying Bitcoin amid market volatility, emphasizing long-term holding strategies. $BTC price is down 3% at $66,922. #Update #Crypto $BTC
A Bitcoin wallet linked to Nancy Guthrie’s disappearance recorded a small transfer, with a new ransom demand for 1 $BTC. Authorities released suspect footage; investigation ongoing. #Update #Crypto $BTC