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Two key derivatives metrics tracked by CryptoQuant suggest Bitcoin's (BTC) current drawdown is mid-cycle deleveraging rather than a capitulation bottom: CME open interest has fallen 47% from its 2025 peak, and the futures basis curve - which measures demand for leveraged long exposure - remains in a

The cryptocurrency market shed approximately $70 billion in total capitalization in a single hour Saturday morning as news of US and Israeli strikes on Iran's nuclear facilities spread across trading desks. Total market cap fell from roughly $2.24 trillion to $2.17 trillion between 7 and 8 a.m. UTC,

US and Israeli forces struck Iran's nuclear facilities early Saturday, sending Bitcoin (BTC) down roughly 6% to around $63,000 as cryptocurrency markets absorbed the geopolitical shock in real time - without equity or bond markets open to share the selling. President Donald Trump confirmed the opera

Magic Eden is abandoning the multi-chain strategy that briefly made it the largest NFT marketplace by trading volume, shutting down its Bitcoin (BTC) and Ethereum (ETH)-compatible marketplaces as early as the first week of March and winding down its cross-chain wallet by April. CEO Jack Lu said Frid

Citigroup announced it will launch a direct Bitcoin (BTC) custody service for institutional clients later in 2026, the bank's most concrete public commitment yet to holding native cryptocurrency on its own balance sheet. Unlike ETF-based models used by many financial institutions, Citi plans to cust