As Bitcoin nears $100,000, market watchers anticipate short-term consolidation, though the asset’s uptrend is likely to continue. Bitcoin (BTC) price returning to $100,000 could prompt “short-term consolidation,” analysts warn, though the long-term outlook for the cryptocurrency remains positive. While key…
A whale is being ‘hunted down’ for short positioning over 5,400 BTC with 40x leverage
A whale on Hyperliquid has gone viral for starting a short position for around $450 million worth of Bitcoin. There is now an active ‘man-hunt’ to stop the perpetrator in its tracks. According to data on Hypurrscan, on Mar. 17…
Bank of Korea: Bitcoin doesn’t meet foreign reserve standards
South Korea has no plans to incorporate Bitcoin in its foreign exchange reserves, according to the country’s central bank. On Mar. 16, local media outlet Yonhap reported that officials from the Bank of Korea ruled out adding Bitcoin (BTC) to…