What ‘far-fetched’ scenarios could still send Bitcoin price to $0?

Bitcoin (BTC) price has risen 8% from its March 11 low of $76,703, driven in part by large investors aggressively buying the dip with leverage. Margin longs on Bitfinex surged to their highest level since November 2024, adding 13,787 BTC over 17 days. Currently standing at $5.7 billion, this bullish leveraged positioning signals confidence in

The creation of smart contracts and Web3 interfaces has led to an entirely new play-to-earn or nonfungible token (NFT) genre of video games. But during the 2021 crypto bull market and subsequent crash of 2022, many of the games in this niche went through incredible ups and downs in terms of player count and transaction…

While the current climate seems uneasy for all cryptocurrency businesses, some of them have to deal with extra difficulties.Earlier this month, investors filed a class-action lawsuit against Canaan, a Nasdaq-listed cryptocurrency mining hardware producer. The case is largely based on a February report submitted by an analysis organization called Marcus Aurelius Value, which argued that…

He believes it could happen if mainstream companies put a mere 1% of their holdings into the market. 4210 Total views 23 Total shares Bitcoin (BTC) has recently seen ample interest from a number of mainstream companies and persons, such as billionaire hedge funder Paul Tudor Jones. This could be the beginning of a new wave…

World famous tennis player Serena Jameka Williams revealed in an Instagram post published on April 17 that in 2014, she launched her investment business Serena Ventures and silently invested in over 30 companies, including major cryptocurrency exchange Coinbase.According to the official website of Serena Ventures, the market cap of the portfolio is over $12 billion,…

Moonstone Bank, which was since renamed Farmington State Bank, received roughly $11.5 from FTX’s sister firm Alameda Research through its holding company in 2022. 133 Total views 1 Total shares The Federal Reserve Board of the United States and the Washington State Department of Financial Institutions have announced an enforcement action against Farmington State Bank,…

Amplify ETFs, Invesco and Galaxy submitted registrations to the U.S. SEC for Bitcoin and DeFi-based ETF offerings. 367 Total views 29 Total shares Crypto companies from the United States filed two registration statements with the Securities and Exchange Commission (SEC) seeking permission to sell exchange-traded funds (ETF) in relation to Bitcoin (BTC) and decentralized finance…