Bitcoin Futures Demand Falls to 2024 Lows: Are Institutions Exiting the Market?

Bitcoin futures aggregate open interest declined to $32 billion, down 20% from one month prior, reaching its lowest level since August 2024 at 491,300 BTC. The annualized premium on monthly futures contracts dropped to 2%, its lowest in a year, though spot ETF volumes above $3 billion daily suggest institutions haven't fully exited.

Monad Gains Bitcoin-Backed Liquidity Through Chainlink-Powered cbBTC Bridge

Chainlink enabled transfers of Coinbase's wrapped Bitcoin token cbBTC from Base to the Monad blockchain using its cross-chain interoperability protocol (CCIP), enabling more than $5 billion worth of cbBTC to move into the Monad DeFi ecosystem for lending, borrowing and other applications.

Bitcoin Company Fold Pays Off $66M Debt, Frees Up BTC Collateral

Fold, a publicly traded Bitcoin financial services company, eliminated $66.3 million in convertible debt and released 521 BTC pledged as collateral. The restructuring reduces financing constraints and supports product initiatives, including a consumer Bitcoin rewards credit card.

Price Predictions 3/2: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, BCH, ADA

Bitcoin returned to $70,000, proving buyers are absorbing selling pressure, but analysts warn traders should be patient as market bottoms take months to form. BitMEX co-founder Arthur Hayes noted that every US military action in the Middle East since 1985 has led to monetary expansion by the Federal Reserve.

Bitcoin Holders Show 'Zero Panic' as BTC Hits $70K Amid Middle East Tensions

Bitcoin rallied to $70,000 on Monday amid escalating Middle East tensions. CryptoQuant data shows short-term holder losses transferred to exchanges fell to a two-week low, contrasting with heavier selling in early February and suggesting the heaviest selling phase is done.