Although volatility remains elevated, Bitcoin ($BTC) price posted modest gains on April 3, rising nearly 1% and outperforming the wider market’s 0.5% advance. Despite strength in altcoins, Bitcoin’s market dominance has also increased, reaching above 58%, suggesting a mild shift into relatively safer assets. At the same time, derivatives activity is picking up. Specifically, total
Coinglass’ Bitcoin liquidation map shows a $1.143b long wall below $65k and a $754m short pocket above $68k, turning a small move into a potential $1.9b forced‑flow event. Longs face a $1.143 billion liquidation wall below $65,000 Derivatives analytics from Coinglass show Bitcoin ($BTC) perched between two dense liquidation clusters where nearly $1.9 billion in
Strategy Inc. now gives Bitcoin believers two very different seats on the same ship. One rides every wave. The other gets paid while the ship sails. The company formerly known as MicroStrategy holds 762,099 $BTC at an average cost near $75,694 per coin, a treasury valued at roughly $51 billion. That single Bitcoin stack backs
Decentralized email platform Dmail Network is shutting down after five years of operations, citing high infrastructure costs, weak monetization, failed funding efforts and limited token utility. The platform said it will gradually cease all services starting May 15, and urged users to export their data before then. It said all nodes will shut down after
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1909.43, up 0.7% (+12.64) since 4 p.m. ET on Thursday. Nineteen of 20 assets are trading higher. Leaders: NEAR (+5.8%) and AVAX (+3.6%). Laggards: BTC (+0.0%) and XLM (+0.0%).
BlackRock’s iShares Bitcoin Trust (IBIT) now processes between $16 billion and $18 billion in daily trading volume, positioning the regulated fund as a direct competitor to the world’s largest crypto exchanges. The data, reported by analytics firm Kaiko, signals that institutional-grade products are pulling liquidity away from crypto-native platforms at a pace few anticipated. A
The latest data released on the US labor market indicated that the strong performance of the economy continues. According to data published by the US Bureau of Labor Statistics, non-farm employment increased by 178,000 people in February, significantly exceeding the market expectation of 65,000. During the same period, the unemployment rate also remained below expectations.
Bitcoin dramatic boom-and-bust cycles may be becoming a thing of the past as the asset matures, according to Ark Invest founder Cathie Wood. In an interview with CNBC, Wood said Bitcoin has evolved beyond its early experimental phase into a more reliable financial system, increasingly supported by institutional investors. This shift, she argues, is already
Bitcoin ($BTC) price trades near $67,044 on April 3, sitting inside a falling parallel channel on the 4-hour chart that has contained every swing since March 17. The channel has already produced two sharp drops following a similar path. The first measured 11.49%, the second 9.72%. A third leg is now building from the early
The U.S. employment market rebounded in a big way from February’s sizable losses. According to a Friday morning release from the Bureau of Labor Statistics, the country added 178,000 jobs in March, after losing 133,000 positions the previous month. Economist forecasts had been for 60,000 jobs to have been added. The unemployment rate fell to
