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The Fed’s BTFP program is officially over — Will Bitcoin price take another blow?
The Fed’s BTFP program is officially over — Will Bitcoin price take another blow?

While the end of BTFP marks a significant moment for financial markets, its direct impact on Bitcoin’s price remains multifaceted and uncertain.

Cointelegraph·2024/03/19 13:11
Glassnode Insights: Ethereum's Dencun Upgrade
Glassnode Insights: Ethereum's Dencun Upgrade

Glassnode insights·2024/03/19 13:01
MicroStrategy now holds over 1% of bitcoin's total supply after latest purchase
MicroStrategy now holds over 1% of bitcoin's total supply after latest purchase

MicroStrategy has purchased another 9,245 bitcoins for $623 million in cash, increasing its total bitcoin holdings to 214,246 BTC.

The Block·2024/03/19 12:47
Bitwise CIO says 'we’re probably a few weeks away' from first wirehouse to support bitcoin ETFs
Bitwise CIO says 'we’re probably a few weeks away' from first wirehouse to support bitcoin ETFs

Bitwise CIO Matt Hougan explained the importance of wirehouses supporting bitcoin ETFs for their adoption.He said the first wirehouse to support the ETFs might come in the next few weeks.

The Block·2024/03/19 11:39
Crypto Markets Lose $220 Billion in 2 Days as Bitcoin Slumps Toward $63K (Market Watch)
Crypto Markets Lose $220 Billion in 2 Days as Bitcoin Slumps Toward $63K (Market Watch)

The entire crypto landscape is well in the red, with massive losses from SOL, ADA, DOT, DOGE, and others.

Cryptopotato·2024/03/19 10:19
Bitcoin price falls below $64,000, volatility causes spike in long liquidations
Bitcoin price falls below $64,000, volatility causes spike in long liquidations

The bitcoin price has dropped by over 6% in the past 24 hours.The latest price correction has impacted long positions, with over $134 million in bitcoin longs liquidated.

The Block·2024/03/19 09:47
Slerf’s memecoin launch: ‘Mindless’ screw-up or marketing stunt?
Slerf’s memecoin launch: ‘Mindless’ screw-up or marketing stunt?

The developer behind the Slerf memecoin claims the snafu was due to a “mindless misclick,” but skeptics suggest the drama may have been a very daring marketing stunt.

Cointelegraph·2024/03/19 08:10
Flash
21:35
Elon Musk has reached nearly one third of his second $1 trillion goal
And after just two trading days, he has already achieved nearly one-third of his next trillion-dollar goal. According to the Bloomberg Billionaires Index, Musk's wealth climbed to 1.32 trillion dollars on Tuesday. This marks an increase of nearly 90% compared to his net worth of 696 billion dollars last Wednesday, which was the day before SpaceX priced its IPO at 135 dollars per share. Expand
21:18
According to documents submitted to the U.S. Securities and Exchange Commission (SEC), Matador Resources has confirmed that its borrowing base remains unchanged at $3.25 billion.
Meanwhile, the company successfully increased its total credit commitments to $2.75 billion. This move consolidates the company's financial flexibility, providing solid funding support for ongoing business operations and strategic investments. Maintaining the existing borrowing base indicates continued recognition by lenders of the company's asset value and creditworthiness, while the increased commitment amount further expands its available credit capacity. In the current complex and volatile energy market environment, strengthening liquidity reserves is crucial for independent oil and gas producers like Matador Resources. Adequate credit support will help the company seize potential growth opportunities and effectively respond to market fluctuations.
21:17
U.S. Intelligence: Iran Still Capable of Closing the Strait of Hormuz Again
On June 17, U.S. intelligence assessments indicated that Iran, after demonstrating relevant capabilities during conflicts, still has the potential to close the Strait of Hormuz again. Although a deal to reopen the Strait is anticipated, Tehran retains capabilities in missiles, drones, speedboats, and mine-laying, which could disrupt global energy transportation. Intelligence officials stated that Iran has gained leverage over this critical trade route and may use regional energy infrastructure as a tool for pressure.
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