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COIN-listed options saw open interest climb 14.6% to 953,393 contracts on Tuesday, data shows, a level much higher than the 52-week average of 812,568 contracts. In addition, the put-call ratio decreased by 6.1% to 1.2 in the last five days, suggesting a bullish outlook for COIN among traders. Source
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The upcoming Bitcoin (BTC) halving is set to blow fresh wind in the sails of Bitcoin-focused stocks such as Michael Saylor founded tech firm MicroStrategy.In a research note shared with Cryptox, New York-based investment firm Berenberg Capital Markets explained its reasons for a bullish outlook on MicroStrategy (MSTR), which
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Top Stories This Week Larry Fink, the CEO of BlackRock, has recently delivered pro-crypto remarks, claiming “Bitcoin is an international asset” and suggesting U.S. regulators consider how an ETF directly linked to Bitcoin could democratize finance in the country.
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Many people are worried about inflation in the world’s financial markets due to the large amounts of money being spent by governments and central banks. This has led to renewed interest in cryptocurrencies to protect against
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Bitcoin (BTC) teased more rangebound moves on July 7 as traders recovered from a day of volatility.BTC/USD 1-day chart. Source: TradingViewBTC price gets a bid after volatile 24 hoursData from Cointelegraph Markets Pro and TradingView showed BTC price action hugging $30,000 overnight.Bitcoin bulls had hoped that new yearly highs the
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Blockchain-based games have been a hot topic in the cryptocurrency space over the past two years, accounting for considerable growth and daily activity on a number of protocols despite prolonged bear market conditions.Market research estimates that Web3 gaming pulled in around $4.5 billion in funding in 2022 as asset managers,
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Larry Fink, the CEO of BlackRock, has delivered pro-crypto remarks amid the asset manager applying to list a spot Bitcoin exchange-traded fund (ETF) in the United States.Speaking on Fox Business on July 5, Fink said the role of cryptocurrency was largely “digitizing gold”, suggesting U.S. regulators consider how an ETF
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The Bitcoin (BTC) futures' premium has reached its highest level in 18 months on July 4. But traders are now questioning whether the derivatives metrics indicate "excessive excitement" or a "return to the mean" after a prolonged bear market.BTC price gains capped by regulators, macroeconomicsBitcoin's price has been trading in a
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Bitcoin (BTC) has been trading in a narrow range for the past few days but that doesn’t take away the sheen from its stunning 84% rally in 2023. The strong recovery in Bitcoin’s price has boosted buying in several altcoins, which have risen sharply from their yearly lows.As the second
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There is no doubt that BlackRock’s spot Bitcoin exchange-traded fund (ETF) application — and the flood of contenders that followed — has buoyed the bulls. It could signal the winds of change in the regulatory sphere, they say. It could bring Bitcoin exposure to the masses, they holler. While there might
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