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U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day in the red, with $91.76 million flowing out of the funds. However, spot ethereum ETFs showed some resilience, pulling in $14.45 million in fresh inflows on Wednesday. Bitcoin ETFs Experience Outflows as Ethereum ETFs Rise Above On Oct. 2, 2024, the 12 U.S.
In his latest video analysis titled “BITCOIN'S One Indicator Signaling LAST Major Dip,” Dan Gambardello, a noted crypto analyst with 370,000 subscribers on YouTube, delves into the latest price action of Bitcoin to forecast what could potentially be the final major dip. After dropping as low as $60,000 on Wednesday, the fear of another deeper price crash has grabbed the Bitcoin market.
Suliman Mulhem, a UAE-based Political Consultant, suggested that there are many reasons to remain bullish ahead of the US Presidential Election.
The Bitcoin market continues to look at the $60,000 area as a major support region, and therefore the market will continue to see this large, round, number as a sign of areas worth paying close attention to.
Traders appear less confident in Ether's ability to "weather" the upcoming macroeconomic events compared to Bitcoin, according to a crypto analyst.
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 3, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
Japanese investment firm Metaplanet reported earnings of 23.97 BTC, or about $1.4 million, after selling put options to QCP Capital, a Singaporean digital asset trading firm.
The U.S. Securities and Exchange Commission (SEC) has approved Bitcoin options trading, marking a pivotal moment for both retail and institutional investors. This landmark decision removes longstanding barriers that have historically restricted access to options trading in the U.S., paving the way for a more inclusive and dynamic market environment.
Popular crypto analyst Benjamin Cowen is warning that Ethereum (ETH) could suddenly turn bearish in the last three months of the year.
Metaplanet Inc., a Japanese investment firm, has successfully expanded its Bitcoin reserves by earning approximately $1.46 million, 23.972 BTC, through strategic Bitcoin put options. The Tokyo-listed company collaborated with QCP Capital for this initiative, utilizing a financial strategy designed to increase holdings by leveraging market price movements.
Recent bullish opinions surrounding Bitcoin (BTC) have faded as the cryptocurrency has seen a significant drop in price following geopolitical tensions in the Middle East.
An early Ethereum investor who participated in its ICO has sold 19,000 ETH, worth $47.54 million. The sale has created a short-term FUD amid Ethereum whale holdings dropping by 1.18% over the last 30 days.
Buterin aims to reduce Ethereum's staking requirements, supporting increased decentralization by encouraging solo staking.
Global economic data released today shows slowing growth across major economies, potentially impacting crypto markets and building the longer-term case for Bitcoin. Purchasing Managers' Index (PMI) figures from Australia, Japan, and the Eurozone indicate contractions or weakened expansions in both manufacturing and services sectors.
There are three crucial factors – primarily US-related – that will drive the performance of Bitcoin (BTC)'s price in the fourth quarter of this year, according to the latest CoinMarketCap's Quarterly Report.
There may be a shift coming in the traditional Bitcoin market cycles, as current trends outpace historical patterns, according to the latest CoinMarketCap's Quarterly Report.
The bank argued that Bitcoin isn't a geopolitical safe haven, but that its current dip represents a buying opportunity.
Dormant Ethereum ICO whale sold $47.54 million in ETH following a previous $31 million deposit to Kraken.
Bitcoin has dropped nearly 10% in the past four days, leaving investors wondering if the correction is done. Is BTC done sliding lower?
Veteran trader Peter Brandt believes that the recent rally of Bitcoin still isn't enough to flip the long-term bearish trend. While BTC did have a brief surge, he insists it hasn't reached the levels needed to confirm a bullish reversal.
CoinMarketCap's new quarterly report indicates Bitcoin potentially entering a supercycle, DeFi losing to memecoins and more.
A Standard Chartered analyst indicates that bitcoin may decline further by the weekend, but says it could be a buying opportunity.
While some count their cents, the BTC whales swallow 50,000 bitcoins in one go. A big fish in sight?
Bitcoin just fell sharply as October begins, a month that traders usually see as a bullish month with an average gain of 22%. The price has dropped nearly $5,000 and is now sitting at $60,798. Despite the current market downturn, there's a silver lining for Bitcoin.
Trader Peter Brandt recently pointed out that Bitcoin (BTC) might be forming a "three blind mice" chart pattern, which could signal a potential price slump in the near future.
On-chain data shows the Bitcoin long-term holders have seen their supply register a sharp net increase over the past month. Bitcoin Long-Term Holder Supply Is Rapidly Growing Right Now As explained by CryptoQuant community manager Maartunn in a new post on X, BTC supply has recently been maturing into the long-term holder cohort.
Amid the rising tensions between Israel, Iran, and Lebanon, crypto and global markets are bleeding heavily. The downfall has wiped out 10% or $230M of the total crypto market cap in the last five days. Leading to massive liquidations, Bitcoin traders lost more than $200M in long positions.
Tesla billionaire Elon Musk has warned the U.S.
Bitcoin investment firm Metaplanet said it sold 233 BTC put options and earned a premium of 23.97 BTC, according to an Oct. 3 statement. The firm stated it sold 223 contracts for $62,000 BTC put options, set to expire on Dec. 27, 2024.
Discover insights on restaking in Solana, BNB, and Ethereum, blockchain networks: yields, risks, and staking strategies for crypto investors.
A whale with 150,000 ETH taken in the ICO in 2014 has been selling many in recent days.
While the Ethereum co-founder Vitalik Buterin has been offloading his ETH holdings these days, he recently chipped in to address the concerns of the ETH staking community. In his message on the X platform, Buterin proposed the plan and roadmap to eventually bring the minimum Ethereum staking requirement to 1 ETH.
The company strengthens its bitcoin position with a strategic options sale, generating nearly 24 BTC ($1.4M) in premium.
While it is no secret that Robert Kiyosaki, a prominent investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad,' is an enthusiastic proponent of Bitcoin (BTC), despite being somewhat of a latecomer to it, he has recently explained why he believes it will bring about the end of fiat currency.
Ethereum-based strategy card game Shardbound launches open beta on Steam and Epic Games Store, offering a blend of deck-building and tactical combat with plans for future Web3 integration.
Franklin Templeton submitted a Bitcoin and Ethereum index ETF (exchange-traded fund) proposal to the US Securities and Exchange Commission (SEC).
North Carolina's Bitcoin community is launching a search-and-rescue operation on October 4 to aid overlooked areas affected by Hurricane Helene, focusing on western North Carolina communities with limited state and federal support.
Metaplanet has upped its Bitcoin acquisition pursuit by entering a put options deal with QCP Capital.
Bitcoin mining profitability has reached alarming lows, according to a recent report from J.P. Morgan. Analysts Reginald L.
The chief executive of crypto investment firm Galaxy Digital says that one new factor could be a huge bullish catalyst for Bitcoin (BTC). In a new interview on CNBC's Squawk Box, billionaire Mike Novogratz says options trading for spot market Bitcoin exchange-traded funds (ETFs) could send the flagship crypto soaring.
Global banking network SWIFT is set to trial live transactions involving digital currencies and tokenized assets next year, marking a significant advancement in integrating these assets into the mainstream financial system. What Happened: SWIFT's initiative aims to streamline trading by using blockchain-based tokens to represent traditional assets like bonds.
Bitcoin price is currently retesting a crucial support level around $60.6k, which must hold to avoid further bleeding in the near term.
Bitcoin's recent price movements have shown increased volatility, with $272 million in liquidations over the past 24 hours, reflecting broader market trends and trader behavior. Over the past 48 hours, Bitcoin fell from $62,000 to a low of $60,000, marking a roughly 3% decline.
Bitcoin is down at writing, slipping roughly 8% from September highs. After two days of losses, BTC is starting Q4 2024 on the wrong footing, with the real risk of prices sliding below $60,000 and back to September and August lows.
The Tokyo-listed firm said it earned 23.972 BTC through bitcoin put options sale, bringing its total holdings to 530.717 bitcoin.
BTC price support may be at risk of a breakdown, but Bitcoin market perspectives see "bullish market structure" prevailing.