Bitcoin bulls are holding on to the $55,500 support, but an increase in futures open interest and a death cross on the BTC chart have traders worried that further downside is in store.

Bitcoin bulls are holding on to the $55,500 support, but an increase in futures open interest and a death cross on the BTC chart have traders worried that further downside is in store.
According to a recent Chainalysis report, thefts resulting from crypto hacks and exploits have totaled $1.58 billion in 2024.
The companies collectively purchased nearly $1.3 billion worth of Bitcoin ETF shares during the quarter.
In a letter signed only by republicans, the committee responded to a request for information sent by the Department of the Treasury.
The financial services company has managed the treasury portfolio for stablecoin issuer Tether since 2021.
Bitcoin could stage a recovery above $66,000 by September but faces significant resistance around $61,700.
The upgrade deployment script failed to call an important initialization function, leaving the vote threshold at zero and allowing anyone to withdraw “without signature.”
Onchain derivatives fuel DeFi’s resurgence, with daily volumes reaching $5 billion amid rising competition.
With 6,200 stakers and 39.9 trillion BTT locked, the BitTorrent Chain is already thriving and is set to supercharge Tron’s DeFi ecosystem with fast, low-cost cross-chain transfers.
Malaysia aims to tackle national challenges and unlock economic opportunities by adopting cutting-edge biometric verification technology.
Bitdeer Technologies Group’s stock price dropped to $6.33 after it announced a senior convertible notes offering.
As Hong Kong looks into creating HKD and USD stablecoins, a local industry executive has addressed possible implications for stablecoins like UDST and USDC.
Bitcoin funding rates on Binance turn negative, reflecting a surge in short positions as institutional interest wanes.
As stakeholder consultations proceed, the feedback gathered will be instrumental in shaping a robust and effective AI policy.
Despite significant outflows from the Grayscale Bitcoin Trust, the overall spot Bitcoin ETF market saw positive inflows.