In the Spotlight
$55B in BTC Futures Positions Unwound In 30 Days: Will Bitcoin Recover?
Bitcoin’s (BTC) struggle to hold above $70,000 carried into Wednesday, raising concerns that a drop into the $60,000 range could be the next stop. The sell-off was accompanied by futures market liquidations, a $55 billion [...]
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The Bitcoin mining hashrate secured by Foundry USA’s mining pool fell by roughly 60% since Friday as miners across the United States curtailed operations in response to severe winter weather. “Bitcoin hashrate on Foundry USA [...]
