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Why-did-12k-bitcoin-margin-longs-close-at-bitfinex,-and-why-didn’t-it-impact-btc-price?

Why did 12K Bitcoin margin longs close at Bitfinex, and why didn’t it impact BTC price?

Since May 2022, the Bitcoin (BTC) margin markets on the Bitfinex exchange have been plagued by an unusually high open interest of over $2.7 billion. This information alone should raise a red flag, especially in light of Bitcoin's price decline from $39,000 to less than $25,000 during the same period.Traders seeking to leverage their cryptocurrency…
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The-state-of-bitcoin-as-it-approaches-$30,000:-santiment

The State of Bitcoin as It Approaches $30,000: Santiment

Bitcoin is on the brink of re-emerging above $30,000 for the first time since June 2022. As excitement abounds, how are indicators looking for the asset both on and off chain? Crypto market intelligence platform Santiment recently analyzed some observable impacts and triggers of Bitcoin’s latest price moves, noting rising social volume and dominance compared…
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Mit-space-force-major-proposes-bitcoin-mining-as-cybersecurity-tool

MIT Space Force major proposes Bitcoin mining as cybersecurity tool

An active-duty United States Space Force astronautical engineer is proposing to the Pentagon a new cybersecurity tool: Bitcoin. 445 Total views 6 Total shares Own this piece of history Collect this article as an NFTAn active-duty United States Space Force astronautical engineer is proposing to the Pentagon a cybersecurity tool capable of transforming the country's…
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The-us-government-sold-nearly-10,000-silk-road-bitcoin

The US Government Sold Nearly 10,000 Silk Road Bitcoin

Uncle Sam made off with more than $215 million this month as it began to liquidate portions of seized bitcoin.The United States government has been selling bitcoin confiscated from the Silk Road case in 2013. According to a court filing, the government sold 9,861.1707894 Bitcoin on March 14, 2023, for a total of $215,738,154.98. After transaction…
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Ftx-eu-sets-up-website-to-repay-users

FTX EU Sets Up Website to Repay Users

Brett HarrisonFounder and CEOArchitectDon't miss "FTX: What Happened" with the former president of FTX's U.S. arm and Anthony Scaramucci.Brett HarrisonFounder and CEOArchitectDon't miss "FTX: What Happened" with the former president of FTX's U.S. arm and Anthony Scaramucci.Stephen Alpher is CoinDesk's co-regional news chief, Americas. He holds BTC above CoinDesk’s disclosure threshold of $1,000.Brett HarrisonFounder and…
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Decentralized-liquidity-platform-synthetix-sees-jump-in-fees-collected-amid-incentive-campaign

Decentralized Liquidity Platform Synthetix Sees Jump in Fees Collected Amid Incentive Campaign

BowTiedBullPresidentBowTied JungleThe pseudonymous investor BowtiedBull explores the BowtiedJungle, where citizens swap advice on investing, job-seeking, ...BowTiedBullPresidentBowTied JungleThe pseudonymous investor BowtiedBull explores the BowtiedJungle, where citizens swap advice on investing, job-seeking, ...Sage D. Young is a tech protocol reporter at CoinDesk. He owns a few NFTs, gold and silver, as well as BTC, ETH, LINK, AAVE,…
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Us.-futures-watchdog-issues-compliance-rule-for-crypto-activities-among-members

U.S. Futures Watchdog Issues Compliance Rule for Crypto Activities Among Members

Christy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Christy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Jesse Hamilton is CoinDesk's deputy managing editor for global policy and regulation. He doesn't hold…
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