Bitcoin’s price has been showing weakness near the $30,000 level, but multiple data points highlight the fact that bears remain at a disadvantage.
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Bitcoin futures premium hits 18-month high — Time to flip bullish?
The Bitcoin futures’ premium surge is having traders ask whether this is excitement or a return to the average after a multi-month bear market.
Read moreBitcoin price hangs in the balance — Friday’s $2.26B BTC options could result in more downside
Bitcoin bears benefit from the current macroeconomic uncertainty and are aiming for a $270 million profit if the BTC price falls below $25,000.
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DAO Treasuries Surge: From $8.8B to $21.5B in 90 Days, Marking a 144% Increase
According to archived records, 4,833 decentralized autonomous organization (DAO) treasuries held $10.8 billion on April 15, 2022. Over the course of 309 days, by February
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Circle reportedly adjusts USDC reserves to avoid US default risk
The world’s second-largest stablecoin issuer wants to reduce its exposure to potential United States debt defaults.
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DAO treasuries top $25 billion for the first time: DeepDAO
Assets held in DAO treasuries have more than doubled since the beginning of 2023, according to DeepDAO.
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