Bitcoin's historic 'Uptober' trend faces challenges amid high futures interest, cooling spot buys

Bitcoin's historic 'Uptober' trend faces challenges amid high futures interest, cooling spot buys   cryptoslate.com 30 September 2024 20:45, UTC Bitcoin’s (BTC) usual strong performance in October is threatened by high open interest in futures contracts and flattening buying activity by spot investors, according to the Sept. 30 edition of the “Bitfinex Alpha” report. The…

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MicroStrategy's Next Bitcoin Purchase is Likely to Take its Holdings Above Grayscale's GBTC

MicroStrategy's Next Bitcoin Purchase is Likely to Take its Holdings Above Grayscale's GBTC   coindesk.com 30 September 2024 20:34, UTC MicroStrategy mights soon hold more bitcoin than Grayscale. The company has used capital markets to continually raise money for additional bitcoin buys, while Grayscale has seen a large exit of tokens since the U.S. spot…

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