Bybit, the world's second-largest crypto exchange by volume, has launched a trading competition called "BTC vs Gold: Pick, Trade and Share 150,000 USDT" running until May 15. Traders choose between Bitcoin or tokenized gold assets (XAUT, XAU, PAXG) and trade eligible pairs to earn tickets for their team. The prize pool of 150,000 USDT is split 60-40 between the winning and losing teams, with winners sharing 90,000 USDT and losers 60,000 USDT. The event aims to boost engagement and promote trading of both crypto and tokenized real-world assets, excluding participants from the European Economic Area due to regulatory reasons.
On June 15, Ethereum, Solana, and XRP spot ETFs attracted net inflows, signaling growing investor confidence in these cryptocurrencies. In contrast, Bitcoin spot ETFs experienced $64.09 million in net outflows, reflecting a shift in preference among ...
Despite Bitcoin's recent 10% recovery, analyst Ali Martinez warns the next bull market is not imminent. He points to the Cumulative Value Days Destroyed (CVDD) metric, which last marked a market bottom when Bitcoin hit around $48,000. Martinez sugges...
Bitcoin surged past $66,000 while Ethereum and Solana also gained, driven by easing geopolitical tensions and renewed risk appetite. Despite about $3 billion in outflows from Bitcoin ETFs, experts say this reflects market maturation rather than decli...
Three major institutions—Galaxy Digital, NYDIG, and Standard Chartered—disagree on whether Bitcoin has hit its bottom, with estimates ranging from not yet to around $59,000. Bitwise CIO Matt Hougan argues the focus should be on their shared view that...
Bitcoin investors have added a net total of approximately 259,000 BTC between the price range of $59,000 and $67,000 over the past 10 days, according to Glassnode data. This buying activity spans all wallet sizes, from small retail holders to large w...
