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Bitcoin News / Bitcoin.com - 3 months ago

Bitcoin Traders Crowd the Short Side as BTC Defends $68K

On Monday, bitcoin is coasting along at $68,494 per unit as short sellers pile in at levels not seen since August 2024, setting up a high-stakes standoff in the derivatives market. Bitcoin Funding Rates Plunge — Echoes of 2024 Rally Setup Bitcoin is...

Bitcoin News / Bitcoin.com - 3 months ago

Harvard Cuts Bitcoin ETF Position, Backs Ether ETF With $86 Million

Harvard Management Company reduced its bitcoin exchange-traded fund (ETF) holdings in Q4 while initiating an $86.8 million position in Blackrock’s Ishares Ether Trust, maintaining significant exposure to both leading cryptocurrencies. Ivy League Endo...

Bitcoin News / Bitcoin.com - 3 months ago

Bitcoin Consolidates Above $69,000 as $71,000 Emerges as Key Resistance

Bitcoin’s price this morning at 8:15 a.m. Eastern time stands at $69,393 per coin, with a market cap of $1.38 trillion and 24-hour trading volume of $39.29 billion, as price action fluctuated within an intraday range of $68,095 to $70,220. The leadin...

Bitcoin News / Bitcoin.com - 3 months ago

Honduran Bitcoin Utopia Prospera Faces Uncertainty After Government Change

Prospera, a Zone for Employment and Economic Development (ZEDE) in Honduras that uses bitcoin as legal tender, faces uncertainty about its future after the highest court declared the framework that created it unconstitutional. Prospera Faces Uncertai...