Bitcoin Nears $120,000 Again As El Salvador Opens Bitcoin Banks

Bitcoin’s march to reclaim the $120,000 milestone again is gaining pace with a combination of tightening supply and interesting events around the world.  Harvard University recently revealed its $116.6 million allocation to BlackRock’s IBIT Bitcoin ETF. Meanwhile, El Salvador is welcoming Bitcoin-focused investment banks, while regulatory delays have put Japan’s first crypto ETF on hold.…

Binance Data Shows Decline in Leverage: Is a Major Crypto Shakeout Coming?

The global cryptocurrency market has experienced a slight downturn over the past week, with Bitcoin (BTC) struggling to regain its recent highs. Market data from CoinGecko shows the total crypto market capitalization currently stands at approximately $3.79 trillion, representing a 0.4% decline in the last 24 hours. This pullback follows a period of uncertainty across…