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Bitcoin open interest high: Short positions fueling the fire?


Open interest in Bitcoin ($BTC) is high. This has sparked a series of questions regarding the token’s ability to sustain optimistic resistance margins. One theory that has come forward states that the Open Interest, or OI, is high because short positions are greedy. The theory further states...

Kenya’s Gen Z Embrace Bitcoin Amid Finance Bill ‘24 Protests


In this post Kenyan youths find a safe haven in Satoshi Nakamoto’s freedom coin, Bitcoin, amid the Finance Bill 2024 protests. BTC contributors in Kenya call on the youths to educate themselves on BTC and decentralized finance. Kenyans led by Gen Z have taken to the streets to reject...

Banking Giant Santander to Offer Cryptocurrency Trading Services in Brazil


Santander, the multinational banking giant, has recently announced that it will start offering cryptocurrency trading services in Brazil. The bank will roll out this functionality to selected customers of Toro, its investment unit, this week and will gradually extend it to more users in the future....

Bitstamp confirms product upgrades before MiCA regulations


Bitstamp, one of the largest crypto exchange platforms, has confirmed that it will enhance its offerings in the coming days, with a maximum of June 30, 2024. The confirmation comes ahead of the MiCA regulation’s implementation across the European Union. MiCA, an acronym for Markets...

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