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Market Movements: Bitcoin Buying and New Developments in Crypto

Market Movements: Bitcoin Buying and New Developments in Crypto

CryptoQuant has recommended that Strategy halt Bitcoin purchases due to declining dividend coverage. Additionally, CBOE is exploring crypto perpetual futures, while Chainlink is participating in a stablecoin FX initiative.

Editorial Staff
1 min read
Updated 4 days ago
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In a recent update, CryptoQuant has advised Strategy to pause its Bitcoin acquisitions as the coverage for dividends has diminished.

At the same time, the Chicago Board Options Exchange (CBOE) is reportedly considering the introduction of crypto perpetual futures.

Furthermore, Chainlink is set to join a project focused on foreign exchange for stablecoins, indicating ongoing innovation in the digital asset space.