Michael Saylor Says He’ll Be Buying Bitcoin ‘Forever’ – Here’s The Scoop Michael Saylor intends to continue purchasing Bitcoin indefinitely.

Tech titan and outspoken Bitcoin advocate Michael Saylor remains unfazed by market fluctuations, reaffirming his unwavering commitment to the world’s leading cryptocurrency. In a recent Bloomberg TV interview, Saylor declared his intent to “buying forever,” solidifying his bullish stance and potentially influencing the ever-volatile crypto market. At the time of writing, Bitcoin was trading at

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Bitcoin exchange balance dips to lowest since 2018 as market shifts to HODLing The balance of Bitcoin exchanges has reached its lowest point since 2018 as the market trend shifts towards holding onto coins for the long term.

Since mid-March 2020, there has been a notable decline in the volume of Bitcoin stored in exchange wallets, marking a significant shift in investor behavior. At the time, over 17% of Bitcoin’s total supply was housed on exchanges, a record high. This trend of declining exchange balances has continued unabated, even through Bitcoin’s 2021 bull run,
The post Bitcoin exchange balance dips to lowest since 2018 as market shifts to HODLing appeared first on CryptoSlate.

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Bitcoin’s climb to a yearly high triggers market shakeup Bitcoin’s surge to its highest level of the year causes disruption in the market.

Quick Take On Feb. 20, just before the US market opened, Bitcoin reached a yearly peak of $53,000, only to retreat into the $50k-$52k range shortly thereafter. CryptoSlate reports indicate that approximately $1 billion worth of market liquidations were concentrated around Bitcoin’s $53,000 mark. Interestingly, during its short-lived surge to this value, Bitcoin experienced an
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Ethereum breaks 22-month record crossing $3000 amid positive market speculations Ethereum reaches a new all-time high of over $3000 after 22 months, driven by optimistic market predictions.

Ethereum’s price soared to a noteworthy milestone in the past day, briefly crossing the $3,000 mark for the first time in 22 months. During this period, ETH’s price peaked at approximately $3,025, marking a remarkable 27% surge over the last 30 days. However, its value has retraced slightly to around $2,920 as of press time,
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Bitcoin options worth $3.7 billion approaching expiration – Deribit Deribit reports that Bitcoin options with a value of $3.7 billion are nearing their expiration date.

Quick Take Feb. 23, the last Friday of the month, marks the expiration of an impressive $3.7 billion in Bitcoin (BTC) options, a situation that could notably influence the Bitcoin market, according to Deribit data. Deribit data shows that the options, totaling $3.7 billion for BTC, feature a significant open interest – a total of
The post Bitcoin options worth $3.7 billion approaching expiration – Deribit appeared first on CryptoSlate.

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Shiba Inu Burn Rate Crashes With Only 2 Million SHIB Burned, What’s Going On? The burn rate of Shiba Inu has drastically decreased with only 2 million SHIB tokens burned

The Shiba Inu burn rate has flatlined over the last 24 hours as the burned tokens, as well as the number of burn transactions carried out during this time, dropped dramatically. This drop in the burn rate could be indicative of SHIB users not being as involved in reducing the meme coin’s supply as they

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Bitcoin On Fire: Data Reveals Robust Demand For ETFs Amid Record Performance Bitcoin is experiencing strong demand for ETFs as it continues to perform exceptionally well.

Bitcoin (BTC) is experiencing a bullish surge, reaching a new year-to-date high of $52,900 this week, fueled by strong inflows into spot exchange-traded funds (ETFs). Analysts attribute this positive momentum to several key factors, including rising investor demand for these ETFs, their positive impact on BTC price, and an overall shift in market sentiment. Related

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