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Ether (ETH) options contracts open interest have grown five-fold in the past three months to currently sit at $452 million.The $112 million set to expire this Friday could have a considerable market impact, although that will depend on the balance between bullish and bearish strategies.Ether options total open interest. Source:
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Convincing the U.S. Securities and Exchange Commission (SEC) that the Ethereum blockchain is an acceptable medium to store regulated investment funds was no easy task for Mason Borda of Tokensoft. The CEO of this Bay Area tokenization firm spent over two years crusading for a peer-to-peer tradeable fund. Borda developed compliance-appeasing
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Intercontinental Exchange subsidiary, Bakkt, is reporting record numbers of trades for its monthly Bitcoin futures contracts as BTC prices made a new high for the year.The institutional investing platform reported its highest ever figure for Bitcoin monthly futures on Jul. 28 with 11,506 contracts — an increase of 85% over
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In an interview with Cryptox, Adam Traidman, the CEO of wallet provider BRD, recounted operating a phone support line for cryptocurrency users during the company’s infancy.After starting BRD, formerly Breadwallet, in 2015, Traidman recalls the firm’s CMO deciding to launch the "Bitcoin Therapy Hotline" without consulting the firm’s other executives.Traidman
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At long last, Bitcoin has begun to move. In the past hour as of this article’s writing, the leading cryptocurrency has jumped up by $150 — BTC now trades at $9,320.CHart of BTC's price action over the past two days from TradingView.comWhile a move welcomed by bulls, it’s far from
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A Parisian street artist is receiving hundreds of dollars every day in bitcoin donations from his painting that speaks about “fiat and money printing.”Pascal Boyart’s latest mural, “Confessions of a Red Jester”, is a modern interpretation of the 1862 painting “Stańczyk” by Polish romanticist painter Jan Matejko. The original
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Bitcoin (BTC) futures were worrying analysts on July 10 as volume data suggested serious weakness and the potential for a major pullback.Uploading a weekly chart of CME Group’s Bitcoin futures to Twitter, Cryptox Markets analyst filbfilb did not mince his words describing the current climate.Filbfilb: BTC futures “almost identical” to
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A rising tide in equities is lifting all boats – including in the bitcoin market. Bitcoin (BTC) is trading around $9,295 as of 20:00 UTC (4 p.m. ET), gaining 2.7% over the previous 24 hours.Bitcoin’s 24-hour range: $8,938 - $9,345BTC above 10-day and 50-day moving average, bullish signal for market technicians.Bitcoin
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In brief:Top crypto analyst, Timothy Peterson, has initiated a Twitter countdown for Bitcoin retesting $10,ooo. His prediction using Metcalfe’s law sees BTC hitting $10,000 in 49 days. Bitcoin is once again struggling to maintain the $9,000 support zone.In a recent tweet, Timothy Peterson has predicted that Bitcoin’s price will once again revisit
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Lebanon’s national currency continues to shed value amid the country’s deepening monetary crisis, with unofficial reports indicating that the Lebanese pound, or lira, has lost 50% of its purchasing power in less than two weeks.On July 2, local crypto advocate Saifedean Ammous, author of The Bitcoin Standard, took to Twitter
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