Bitcoin futures 'deleveraging' wipes $10B open interest in 2 weeks

Bitcoin (BTC) exchanges are getting a key “deleveraging event,” which should shape future gains, new research says. In one of its “Quicktake” blog posts on March 17, onchain analytics platform CryptoQuant revealed a $10 billion capitulation on Bitcoin futures markets. Bitcoin sees “essential” event for BTC price rebound Bitcoin derivatives traders have flipped firmly risk-off …

Bakkt stock tumbles nearly 30% after losing Bank of America and Webull

Crypto firm Bakkt’s share price plummeted over 27% on March 18 after the company revealed that two of its largest clients, Bank of America and Webull, would not be renewing their commercial agreements. In a March 17 regulatory filing, Bakkt said it had received notice of Bank of America not renewing its commercial agreement when …

Bakkt stock tumbles nearly 30% after losing Bank of America and Webull

Crypto firm Bakkt’s share price plummeted over 27% on March 18 after the company revealed that two of its largest clients, Bank of America and Webull, would not be renewing their commercial agreements. In a March 17 regulatory filing, Bakkt said it had received notice of Bank of America not renewing its commercial agreement when …

Bitcoin is just seeing a ‘normal correction,’ cycle peak is yet to come: Analysts

Bitcoin’s correction from its January peak is a typical cycle pullback and is not out of the ordinary, with a price top still on the horizon, crypto analysts and executives tell Cointelegraph. “I don’t think the bull run is over; I think the peak of the cycle has been pushed back due to macro conditions, …

Bitcoin is just seeing a ‘normal correction,’ cycle peak is yet to come: Analysts

Bitcoin’s correction from its January peak is a typical cycle pullback and is not out of the ordinary, with a price top still on the horizon, crypto analysts and executives tell Cointelegraph. “I don’t think the bull run is over; I think the peak of the cycle has been pushed back due to macro conditions, …

Bitcoin is just seeing a ‘normal correction,’ cycle peak is yet to come: Analysts

Bitcoin’s correction from its January peak is a typical cycle pullback and is not out of the ordinary, with a price top still on the horizon, crypto analysts and executives tell Cointelegraph. “I don’t think the bull run is over; I think the peak of the cycle has been pushed back due to macro conditions, …

Feds charge filmmaker with stealing $11M from Netflix to gamble on crypto, stocks

US federal authorities have arrested and indicted a filmmaker, accusing him of spending $11 million given by Netflix to gamble on stocks and crypto instead of using it to finance a science fiction TV show. The Department of Justice said in an indictment unsealed in a Manhattan federal court on March 18 that it had …

Feds charge filmmaker with stealing $11M from Netflix to gamble on crypto, stocks

US federal authorities have arrested and indicted a filmmaker, accusing him of spending $11 million given by Netflix to gamble on stocks and crypto instead of using it to finance a science fiction TV show. The Department of Justice said in an indictment unsealed in a Manhattan federal court on March 18 that it had …

Feds charge filmmaker with stealing $11M from Netflix to gamble on crypto, stocks

US federal authorities have arrested and indicted a filmmaker, accusing him of spending $11 million given by Netflix to gamble on stocks and crypto instead of using it to finance a science fiction TV show. The Department of Justice said in an indictment unsealed in a Manhattan federal court on March 18 that it had …

North Dakota Senate passes crypto ATM bill limiting daily transactions to $2K

The North Dakota Senate has passed a bill that regulates crypto ATMs while re-adding a provision capping daily transactions at $2,000 per user that was originally dropped by the state’s House. The state’s Senate passed House Bill 1447 in a 45-to-1 vote on March 18. The bill was introduced to the state’s legislative assembly on …