Bitcoin Explodes to 18-Month Peak, Leaving $150 Million in Liquidations

Yesterday’s rollercoaster was just the beginning for bitcoin as the asset went back on the offensive during the early Asian trading hours and soared to just over $36,000 for the first time since May 2022. With many altcoins performing even better, the total value of liquidated trading positions has jumped to $150 million on a […]

Why Investors Are Starting to Buy Bitcoin Over Bonds: $2 Trillion Allianz Economist

Markets are turning away from bonds and into assets like Bitcoin (BTC) as “safe haven” stores of value as global war conflicts heat up, an Allianz Economist told CNBC in an interview last week. The analyst for the $2 trillion financial services firm explained why the Treasury market has been so volatile this month, and […]

Bitcoin Dominates Institutional Inflows on the Back of Recent BTC Price Rally

ccording to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, digital asset investment products received a total of $326 million in inflows, marking the highest weekly influx since July 2022. The asset manager speculated that the rising optimism from investors that the US Securities and Exchange Commission would approve a spot-based Bitcoin […]

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