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news-imageOctober 25, 2024

Major Japanese companies want to prioritize Bitcoin and Ether for crypto ETFs

A group of Japanese financial institutions urge the government to focus on major tokens such as Bitcoin and Ether in talks of allowing exchange-traded funds for cryptocurrencies.
Publisher: Crypto news
Sentiment: Positive
BTC
ETH

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Positive
cover-imageCryptopolitan
October 25, 2024

Group of Japanese companies cast support for Bitcoin and Ether ETFs

The Japanese financial regulators are examining crypto exchange-traded funds (ETFs) for possible approvals following the U.S. regulator's greenlight to spot Bitcoin and Ethereum ETFs. Japan Group suggests that the local regulator in the country should mirror the U.S. regulator by focusing on the major crypto assets, Bitcoin and Ethereum, before considering other digital assets.

Positive
cover-imageThe Currency Analytics
October 25, 2024

Bitcoin Set to Hit $80K: Traders Bet Big Ahead of Election

Bitcoin continues to capture the attention of traders and investors alike, recent activity in options markets suggests that the cryptocurrency might be on the verge of reaching an all-time high of $80,000 by the end of November. This optimism comes amid growing speculation around the upcoming U.S. presidential election and its potential impact on Bitcoin's price trajectory.

Positive
cover-imageCrypto Economy
October 25, 2024

Chainlink's Oracle Tech Now Powers Spiderchain, Expanding Bitcoin's Blockchain Ecosystem

TL;DR Chainlink and Botanix Labs Partnership: Chainlink has partnered with Botanix Labs to integrate its oracle technology into Spiderchain, a Layer 2 network on Bitcoin, enhancing Bitcoin's blockchain ecosystem with real-world data feeds. Spiderchain Overview: Spiderchain is a decentralized, Ethereum-compatible Layer 2 blockchain on Bitcoin, enabling sophisticated DeFi applications by leveraging Bitcoin's security and liquidity.

Positive
cover-imageUToday
October 25, 2024

$188 Million in Bitcoin ETFs: Bullish Activity Continues

Bullish activity has continued to rise as institutional investors keep showing great interest and confidence in spot Bitcoin ETFs. The ETF market is seeing a major uptrend, as daily net inflows hit a remarkable $188 million on Oct. 24, marking a robust period for spot Bitcoin ETFs.

Negative
cover-imageCrypto Daily
October 25, 2024

Could 60% be the top for Bitcoin (BTC) Dominance?

Bitcoin Dominance (BTC.D) has been inexorably clawing its way higher since early September 2022, at which point it had reached its bottom at just under 39%. Currently at 59%, it may be that Bitcoin is soon to start ceding its dominance to the altcoins.

Positive
cover-imageCryptoSlate
October 25, 2024

Satoshi Action Fund seeks to replicate cannabis industry with ‘safe haven' states for Bitcoin custody

The Satoshi Action Fund is advancing efforts to secure state-level protections for Bitcoin self-custody, employing strategies similar to those used by the cannabis industry to navigate federal regulations. This initiative aims to create “safe haven” states for Bitcoin users, providing legal assurances for holding and using the digital asset.

Positive
cover-imageBenzinga
October 25, 2024

Max Keiser's Bitcoin Fortune Swells By Whopping 6,800,000% Since Investing In The Satoshi Era

Max Keiser, known in the Bitcoin (CRYPTO: BTC) community for his early advocacy and unrivaled enthusiasm, reminded everyone about his astronomical returns from the cryptocurrency. What happened: Joining a conversation on X about first investments in Bitcoin and how much they have swelled since then, Keiser revealed he was up an eye-popping 6,800,000% in profit since purchasing it in 2011.

Neutral
cover-imageCrypto Economy
October 25, 2024

$5 Billion in Bitcoin and Ethereum Options Expire Today—Massive Market Shake-Up Incoming

TL;DR Massive Expiration Event: Over $5 billion in Bitcoin and Ethereum options expire today, with $4.25 billion in Bitcoin options and $1.01 billion in Ethereum options, expected to cause significant market volatility. Market Sentiment Indicators: Bitcoin's put-to-call ratio of 0.66 suggests a bullish outlook, while Ethereum's ratio of 0.

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