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El Salvador, a leading bitcoin country, moved $400 million worth of bitcoin (BTC) into cold wallets this week, according to the country's president, Nayib Bukele. In a post on X (formerly Twitter), Bukele referred to the new setup as "our first #Bitcoin piggy bank." El Salvador

"U.S. Senators Jack Reed (D) and Laphonza Butler (D) sent a letter to U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler on Nov. 11 (local time) stating that the agency should not approve spot ETFs for any coin other than bitcoin," Fox Business reporter Eleanor

The Block cites a JPMorgan report that the recent Bitcoin rally has been driven by retail and speculative institutional investors. "The recent surge in crypto markets has been driven more by retail and speculative institutional investors buying both gold and bitcoin futures than by investors switching from gold to

"Total realized gains for crypto investors last year was $37 billion," reports Cointelegraph, citing a report from Catalyst. This is a significant rebound from the $127 billion lost in 2022. "Despite similar two-year cyclical gains in crypto prices, total realized gains in 2023 were smaller than the

Investors shorting MicroStrategy (Nasdaq ticker: MSTR) have lost a total of $3.3 billion this year, according to a new study. As Business Insider notes, "MicroStrategy shares, which hold the most bitcoin of any single company, have surged 180% this year on the back of the BTC rally. Short

Bitcoin's streak of ATHs above $70K has come to a halt as the cryptocurrency has fallen below $70,000. On the Binance USDT market, BTC was trading at $69,738. On major crypto exchanges, including South Korea's Upbit and Bithumb, it narrowly held the symbolic support