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Bitcoin buying metric with average 109% gains flips positive at $88K

A key Bitcoin buying metric has turned positive at a price of $88,000, indicating potential for significant gains. Historically, this metric has shown an average return of 109% when it flips positive. Analysts suggest that this trend could signal a bullish phase for Bitcoin, attracting more investors. The recent price movement has sparked renewed interest in the cryptocurrency market, with many speculating on future price increases. Overall, the positive shift in this buying metric could influence market sentiment and investment strategies.

Read the full article: Coin Telegraph

Robinhood Offers Prediction Market 'Custom Combos'—But Don't Call Them Parlays

Robinhood has launched a new feature called "Custom Combos," allowing users to create their own prediction markets on various events, similar to sports betting parlays. However, the company emphasizes that these are not traditional parlays, as they focus on predicting outcomes across different categories rather than just sports.

Here is why $1.2 billion Bitcoin ETF inflow is a new bullish signal

A recent inflow of $1.2 billion into Bitcoin exchange-traded funds (ETFs) has been identified as a significant bullish signal for the cryptocurrency market. This surge in investment reflects growing institutional interest and confidence in Bitcoin as a viable asset. Analysts suggest that such large inflows typically precede price increases,

DTCC 'Not Building Walled Gardens' for Tokenization, Says Digital Assets Head

The Digital Asset Head of the Depository Trust & Clearing Corporation (DTCC) stated that the organization is not creating "walled gardens" for tokenization, emphasizing its commitment to an open ecosystem. The DTCC aims to facilitate the integration of digital assets into the existing financial infrastructure while maintaining interoperability.

Large bitcoin holders buy the most coins since the FTX collapse of 2022

Large bitcoin holders, often referred to as "whales," have significantly increased their purchases, acquiring the most coins since the FTX collapse in late 2022. This surge in buying activity comes as the price of bitcoin has stabilized and shown signs of recovery. Analysts suggest that these large investors

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Robinhood Offers Prediction Market 'Custom Combos'—But Don't Call Them Parlays

Here is why $1.2 billion Bitcoin ETF inflow is a new bullish signal

DTCC 'Not Building Walled Gardens' for Tokenization, Says Digital Assets Head

Large bitcoin holders buy the most coins since the FTX collapse of 2022