TL;DR A record-breaking $18 billion worth of Bitcoin and Ethereum options contracts are set to expire today, sparking anticipation of sharp market moves and potential volatility. The volume of expiring contracts includes 88,537 Bitcoin contracts and 796,021 Ethereum contracts, with Bitcoin's put-to-call ratio at 0.69 and Ethereum's ratio at 0.41, indicating positive sentiment.
As the year nears the end, Bitcoin has set up shop in the middle of East Africa. Ethiopia used its hydroelectric power, produced by the Grand Ethiopian Renaissance Dam (GERD), to facilitate Bitcoin mining.
Vivek Ramaswamy's Strive Asset Management is joining the ETF bandwagon by formally filing the Strive Bitcoin Bond ETF with the Securities and Exchange Commission (SEC). In a 475A filing submitted on December 26th, Strive aims to leverage the changing investment landscape favoring Bitcoin, digital assets, and the blockchain.
The South Korean won hit the lowest level against the dollar since March 2009.
Bitcoin option contracts worth $14.38 billion will expire today, reflecting strong market volatility and expectations of a Santa Claus rally.
2024 seems set to go out with a sigh, rather than a bang. After a hectic two months during which $BTC saw record-setting, all-time highs and the crypto market cap surged dramatically, investors have settled down considerably.
Bitcoin's failure to break through a critical resistance level has heightened the risk of a potential decline toward $81,500.
Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: BTC) spot exchange-traded funds (ETFs) experienced a surge of inflows on Dec. 26, marking a reversal from four consecutive days of net outflows. What Happened: Bitcoin spot ETFs collectively saw a net inflow of $475 million, with Fidelity's (CBOE: FBTC) leading the charge, securing $254 million, according to data.
United States companies are one step closer to adopting what Bitcoin (BTC) enthusiasts call “the Bitcoin standard” for treasury operations. Analysts weighed in as a new Bitcoin-based exchange-traded fund (ETF) waits approval, further spreading the BTC virus in Wall Street.
As the crypto bull market moves into its final stage, altcoins have still not entered a typical, explosive altseason. Bitcoin ($BTC) continues to outperform.
Bitcoin's recent price action has been marked by a struggle to sustain the bullish momentum needed to push BTC higher.
Cambodia has permitted commercial banks and payment institutions to offer services involving Category 1 crypto assets, such as backed or stable cryptocurrencies. The post Cambodia's Central Bank Greenlights Stablecoins and Backed Coins, Excludes Bitcoin appeared first on Cryptonews.
Bitcoin (BTC) is seeing an increased buying pressure on the Binance crypto exchange.
The Russian government has been actively discussing alternatives to the US dollar in foreign trade. A senior government official recently disclosed that the country is open to using Bitcoin in foreign transactions.
Bitwise has filed an application to list and trade shares of an exchange-traded fund that will track companies holding significant amounts of Bitcoin as part of their treasury. The asset management firm's regulatory filing with the US Securities and Exchange Commission on Dec.
Multiple risks to Bitcoin's 2025 bull market have emerged, according to a new report from Matrixport. The report outlines threats ranging from BlackRock's concerns about Bitcoin's 21 million supply cap to Google's advances in quantum computing.
As it turned out by December 27, the trade-off for Bitcoin's (BTC) 61% climb in November from about $67,000 to above $108,000 was an almost complete lack of a ‘Santa Claus' rally ahead and during Christmas, which resulted in the coin changing hands at $96,273 at press time.
With Bitcoin trading close to $95k after two weeks of declining prices, analysts are wary of a potential massive crash that could see the flagship asset drop to $60k. Bitcoin has dropped over 2.
Bitwise hit the market with its proposal for the Bitcoin Standard Corporations ETF. This isn't like any typical BTC ETF which works with direct exposure.
Following the recent upswing in Bitcoin's price, old and new investors are beginning to demonstrate robust confidence in its long-term potential. This is evidenced by an increase in interest and accumulation of the digital asset as it draws closer to resistance levels that are crucial for its next major move.
Based on the liquidation data from the past week, AMBCrypto found that a price move might be incoming.
Bitcoin is entering the last few days of the year still generally following a sideways consolidation phase. As the $BTC price moves into the first quarter of 2025, could this be the beginning of the final blow-off stage which takes Bitcoin much, much higher?
Strive Asset Management, co-led by DOGE Co-Chief Vivek Ramaswamy, has taken a significant step toward introducing innovative investment strategies to the U.S. financial market. On Dec. 26, Strive filed with the U.S. Securities and Exchange Commission (SEC) for the launch of the first-ever Bitcoin Bond Exchange-Traded Fund (ETF).
Bitcoin ETFs ended a four-day streak of outflows with a net inflow of $475.2 million on December 26, signaling renewed investor interest. The post U.S. Bitcoin ETFs Break $1.5 Billion Outflow Streak with Post-Christmas Inflows appeared first on Cryptonews.
The cryptocurrency market could experience major volatility following the largest Bitcoin (CRYPTO: BTC) options expiry in history on Friday. What Happened: According to leading cryptocurrency derivatives exchange Deribit, Bitcoin options contracts, with nearly $14.38 billion in notional value expired at 3:00 a.m.
Market analyst Aksel Kibar has offered a perceptive analysis of Bitcoin's possible course highlighting a price target of $80,000 in the event that particular chart patterns materialize. His research is predicated on a crucial pattern that the price of Bitcoin seems to be forming: a head and shoulders top that may influence the asset's future course.
Bitcoin is sliding into the year's final days like a boxer on the ropes. After punching through records and shaking up financial markets, the apex crypto is now bleeding value.
The recent rejection at the $100,000 has prompted a wave of warnings from leading financial analysts, who caution that Bitcoin could be poised for a significant pullback toward the $70,000 region or, in some cases, even $60,000. Ali Martinez (@ali_charts), a crypto analyst, compiled the viewpoints of several market veterans on X , offering a multi-perspective take on the likelihood of an impending correction.
A widely followed crypto analyst is outlining when Bitcoin (BTC) could potentially reach its cycle peak. Pseudonymous crypto trader Inmortal tells his 221,700 followers on the social media platform X that it takes an average of 1,064 days for Bitcoin to rally from the bottom of the cycle to the top.
Cryptocurrency investment has come a long way from the simple days of buying and holding Bitcoin. Strive Asset Manager, led by Vivek Ramaswamy, is setting its sights on a bold innovation: a Bitcoin Bond ETF.
Spot Bitcoin ETFs experienced a strong recovery on Dec. 26, breaking a four-day streak of outflows. Data from Farside Investors showed that ETFs reported combined net inflows of $475.2 million, indicating renewed investor interest after a period of significant outflows of more than $1.5 billion.
Metrics like the number of confirmed payments can be used to gauge investor activity on the Bitcoin network.
Metrics like the number of confirmed payments can be used to gauge investor activity on the Bitcoin network.
US spot Bitcoin ETFs saw a major rebound with $475.15 million inflow on Thursday, led by Fidelity's FBTC, while Bitcoin still remains under pressure.
Bitcoin's next bull run could face headwinds from quantum computing advancements and shifting inflation dynamics, analysts warn. Singapore-based web3 firm Matrixport says there are still many risks that could disrupt Bitcoin's (BTC) bull market in 2025.
The proposed ETF targets companies with substantial Bitcoin holdings, as the trend of corporate BTC adoption grows.
The ETF will target securities from companies like MicroStrategy, which has invested approximately $27 billion in Bitcoin since 2020.
As we approach the potential major market rally in 2025, it is not surprising that veteran investors are looking for opportunities outside Bitcoin (BTC) and Ethereum (ETH). Even though these digital currencies are still newsmakers, the focus is now turning to new ventures that have greater potential and better usage models.
Strive Asset Management seeks regulatory approval for a Bitcoin Bond ETF, offering exposure to convertible securities tied to Bitcoin.
Is Bitcoin gearing up for a comeback? Discover the key factors driving its price and whether a rebound is on the horizon.
BTC price targets calling for new local lows gain an $80,000 warning from longtime trader and analyst Aksel Kibar.
Bitcoin is now a major reserve asset for KULR Technology after a $21 million purchase.
The rise in corporate Bitcoin holdings shows no signs of slowing.
Bitcoin faced significant price turbulence on December 26, disrupting the typically calm trading conditions seen during the holiday period. A glitch in TradingView's chart erroneously displayed Bitcoin crypto market dominance as 0%, triggering panic among traders and market participants.
The US Spot Bitcoin ETF regained momentum on Thursday, December 26, as evidenced by the change in fund flows into the investment instrument. Fidelity's FBTC led the inflow on Thursday, with Ark's ARKB and BlackRock's IBIT supporting the trend.
On the popular prediction market, bettors see a prosperous new year for the sector.
The asset management firm Bitwise plans to launch a new ETF named the “Bitcoin Standard Corporations ETF.”