Wednesday, April 23, 2025
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Massive Trading Volume for ProShares Bitcoin Futures ETF as NYAG Targets Crypto Lenders

This episode is sponsored by NYDIG.Download this episodeOn today’s episode, NLW catches up on a variety of topics from the past week, including:How the first day of trading the ProShares $BITO bitcoin futures ETF is going (and why it could be headed for record breaking volume).Grayscale formally starting the process to

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Friday’s Crypto-Market Breakout Caused Massive Short Covering, May Be Technically Significant: FSInsight — CoinDesk

It is possible that bitcoin is starting off its “traditionally bullish 4Q seasonal rally,” FSInsight said. The firm’s first upside target is $52,956 – the September high – followed by $64,895. Momentum may be overbought on an hourly basis but “dips are likely buyable” daily momentum is not overbought, FSInsight

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China’s Crackdown Spurs Massive Onchain Transfers, Cold Wallets Move $3 Billion in Bitcoin and 800K Ether – Bitcoin News

Following the latest statements from China’s central bank concerning cryptocurrencies and offshore crypto exchanges, massive amounts of funds have been moving onchain. On September 26, at approximately 1:00 a.m. (UTC) 72,999 BTC or $3.1 billion in bitcoin was dispersed to unknown wallets. Huobi to Gradually Retire Mainland China Users, 800K Ether

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NFT Market Sales Begin to Improve After Last Week’s Massive Market Slump – Market Updates Bitcoin News

Seven days ago, non-fungible token (NFT) marketplaces saw sales nosedive after reaching all-time highs during the month of August. A week later sales have rebounded to a degree and NFT marketplaces like Opensea, Rarible, and Superrare have seen improvements in terms of seven-day trade volumes. Opensea, Rarible, Hic et nunc,

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