Tag: Bitcoin
Bitcoin Open Interest Hits Record Highs Amid $71K Price Surge: 3 Key Factors
Bitcoin futures' open interest on a one-day basis saw the biggest jump in 24 hours since June, an increase of over 20,000 BTC. Since Oct. 16, U.S listed spot ETFs have seen $2.7 billion...
Bitcoin Price Skyrockets Over $71K, $175M in Shorts Liquidated
Bitcoin has hit a new all-time high, surpassing $71,000 in Asian trading hours with a 5% increase over 24 hours. This surge in price has led to significant trading volume and the liquidation of...
Bitcoin ETF demand hits 6-month high as inflows surpass $3 billion
October has proven to be a robust month for U.S. spot Bitcoin ETFs, with an impressive $3 billion in net inflows. This surge in demand has reached its highest level in the past six...
Bitcoin Dominance Reaches 2021 Highs; Solana Surges – Expert Warns of Correction
Bitcoin's dominance in the cryptocurrency market has reached its highest level since April 2021, surpassing 57%. This indicates that investors are favoring Bitcoin's stability over other altcoins. However, one trader has expressed a bearish...
Bitcoin Liquidity Flow to Cardano: New BTC Bridge Boosts Ecosystem
BitcoinOS, a Bitcoin rollup protocol, has announced the launch of its Grail bridge for the Cardano network. This development is set to open up opportunities for capital to flow from Bitcoin into the Cardano...
Bitcoin $100K Year-End Target Probability Less Than 10% in Options Market
As investors eagerly anticipate the possibility of Bitcoin (BTC) reaching $100,000 by the end of the year, the options market paints a different picture. Currently, the way BTC options are priced on Deribit indicates...
Top Japanese Companies to Prioritize Bitcoin and Ether for Crypto ETFs
A group of Japanese financial institutions are pushing for a focus on major cryptocurrencies like Bitcoin and Ether when it comes to the potential introduction of exchange-traded funds (ETFs) for digital assets in Japan....
Bitcoin Surges 3% to $68K, Solana Leads while Ether Lags – Market Update
Cryptocurrencies experienced a surge in value after a few days of minor downward movement, with the CoinDesk 20 index showing a 2.7% increase in the last 24 hours. Solana's dominance in the market cap...
Pennsylvania Legalizes Bitcoin Payments and Crypto Self-Custody
The Pennsylvania House of Representatives recently made a significant decision that could potentially change the landscape of digital asset usage within the state. House Bill 2481, also known as the Bitcoin Rights Bill, was...
Bitcoin Integration for Financial Advisors: Utilizing Cryptocurrency Assets
In today's discussion, Marissa Kim from Abra Capital Management explores the increasing trend of treasuries incorporating bitcoin as a reserve asset. Then, Peter Gaffney shares insights from his recent experience and discussions at the...
