Tag: Cryptocurrency

Leveraged funds’ Bitcoin futures shorts fall by 5,300 BTC-equivalent as longs shrink

During the week leading up to September 29, leveraged funds reduced their Bitcoin futures shorts by approximately 5,300 BTC-equivalent, narrowing their overall net short position despite a contraction in total long exposure.

Bitcoin slips below $85,000 as 5% Treasury yield returns to haunt risk assets

Bitcoin slipped below $85,000 as robust U.S. business activity data pushed 10-year Treasury yields above 5%, triggering massive liquidations across crypto markets and halting recent upward momentum.

X brings crypto trading closer to your social feed

Kraken has joined the US Cashtag partner program on X, allowing users to navigate directly from crypto tickers like Bitcoin to the trading platform and shortening the journey between social media discovery and financial action.

Gen Z are investing like Boomers – with some surprising portfolio decisions

A recent Binance Research report reveals that Gen Z investors exhibit surprisingly conservative portfolio decisions, favoring exchange-traded funds and maintaining lower turnover rates compared to older generations.