Wednesday, April 24, 2024
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Crypto Traders Load Up on Bitcoin Topside Option Plays After Binance’s Gulity Plea

Data shared by market analyst Chang shows that early Wednesday, market participants traded 550 contracts of BTC $45,000 strike call option expiring in March 2024 on Deribit. Buyers, expecting a continued price rally in bitcoin in the coming months, paid a cumulative premium of $1.5 million for the bullish bets.

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Inflows into crypto investment funds rise as Bitcoin carries 99% of the load

Bitcoin continues to shoulder the market, as digital asset inflows saw positive movement for the fourth consecutive week, with $137 million incoming. According to CoinShares, this brings the four-week total to $742 million — correcting the nine weeks’ worth of outflows before the streak began and marking the largest inflow run

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Blockchain Bites: BlockRock Exec Says Bitcoin Is ‘Here to Stay,’ Investors Load Into BTC Puts

Major bitcoin miners are signaling their support for the network’s Taproot upgrade. Institutional buyers are loading up on BTC puts, Deribit analysts say. Goldman Sachs thinks the  “digital yuan” could be in a billion hands in a decade. Top shelfBlackRock SquawksA top BlackRock executive, in charge of where the world’s largest

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