Stay up to date with the advancements and changes, in the world of cryptocurrency and blockchain.

On a seemingly average Monday, the 22nd of January in 2024, Bitcoin, the granddaddy of all digital currencies, dropped dramatically below the psychological threshold of $40,000 for the first time in 48 days, leaving many to question the security of their digital assets.

The digital currency world has long been dogged by concerns over the nefarious use of cryptocurrency in unlawful activities.

As the global financial landscape expands to accommodate an ever-evolving concept of currency and investment, the open question around Bitcoin and its place within the traditional markets remains at the forefront of speculation and discussion.

The landscape of cryptocurrency investment is witnessing a tectonic shift as Bitcoin futures contracts’ open interest has hit a staggering $19.003 billion, according to the latest data from the Coinglass platform.