
$3.38 Billion in Bitcoin Options Expiry Raises Concerns of September Volatility
Implied volatility across Bitcoin maturities has rebounded to around 40% following a month-long correction that drove BTC price more than 10% below its all-time high.
Implied volatility across Bitcoin maturities has rebounded to around 40% following a month-long correction that drove BTC price more than 10% below its all-time high.
USDT issuer Tether is exploring investments across the gold supply chain, including gold mining firms and royalty companies.
Bitcoin price is finding support at $110,000 after oscillating in the $104K-$116K range, as traders wish to cautiously navigate through September.
Spot Bitcoin ETFs recorded $332.7 million in inflows on September 2, led by Fidelity’s FBTC with $132.7 million, as BTC price bounced back to $111,000.
An analyst suggests that the current BTC price setup could lead to a drop to $103,000 but technical indicators hint ease in downside pressure.
Bitcoin registered 1.58% gains while the S&P 500 dropped 1.48% on September 2, breaking their historical correlation pattern. Market signals point to a potential altseason beginning.
Metaplanet shareholders recently approved a proposal to raise ¥555 billion ($3.8 billion) via preferred shares to invest in acquiring more BTC.
Bitcoin could be headed to $150,000, but Nakamoto CEO warns that whale activity will decide how soon the milestone is reached.
The Bitcoin price is closing August with a 6% monthly loss, breaking a five-month winning streak as large investors shift their focus to Ethereum. Can Michael Saylor’s imminent purchase halt the BTC price dip?
The University of Hong Kong’s business school is preparing to accept Bitcoin for tuition and donations, aligning with the country’s ambitions to adopt digital assets.
El Salvador has redistributed its 6,274 BTC reserve, worth $678 million, to 14 wallets to circumvent the effect of quantum computing.
Tether plans to launch USDT on Bitcoin’s RGB protocol, allowing users to transact directly on Bitcoin network and hold both currencies in one wallet.
Bitcoin plunged to $108K in a sharp correction even as ETFs broke their six-day outflow streak with $219M in inflows.
Bitcoin price fell as low as $114,400 on Sunday, Aug 24, lagging behind top altcoins. Can Michael Saylor’s hints on fresh purchases trigger bullish bets for the week ahead?
Bitcoin price missed the $120,000 breakout target while Ethereum approached all-time highs near $4,900, with market data revealing three key reasons for BTC’s underwhelming performance.
Bitcoin News Today
Bitcoin (BTC) news covers all information on Bitcoin and other related cryptocurrencies. Bitcoin is a digital currency that was created in 2009 by anonymous founder Satoshi Nakamoto and has since gone on to lead the rise of other digital currencies like it, such as Ethereum (ETH), Ripple (XRP), Litecoin (LTC), EOS, Binance Coin (BNB), Monero (XMR), Bitcoin Cash (BCH) and Tether (USDT) among others. The cryptocurrency is decentralized and thus can be sent and transacted over its own peer to peer Blockchain network without a middleman verifying a transaction.
Bitcoin Adoption
Bitcoin (BTC) has grown in leaps over the decade and has had it’s worth multiply in hundreds and thousands since January 2009 when the first BTC block was mined. Bitcoin transactions are irreversible and pseudonymous amongst other properties. Confirmed transactions on the Bitcoin Blockchain network cannot be undone, which in its way also contributes to the strong security associated with BTC.
Over time the awareness that bitcoins like most crypto currencies operate outside the control or regulation of any third parties such as banks, financial institutions, or the government triggered a wakeup call directed to the risks investors may be exposed to when involved in this venture.
Venturing in Bitcoin
Apart from being trustless, the crypto coin is also permissionless, which sets it apart from traditional fiat currencies and government issued money. The cryptocurrency exchange is also important in bitcoin transactions and the overall ecosystem. You’ll need a cryptocurrency exchange to exchange fiat currencies or regular-coins for some BTC.
Bitcoin Mining
Bitcoin mining operations are done to issue new BTCs into the market, with the overall BTCs eligible for circulation set at 21 million. At present, Bitcoin now has more than 18 million coins in circulation and its next halving event, which would reduce its mining rewards by half for the third time, has been slated for May 2020. At present, Bitcoin has a total market capitalization higher than $110 billion and has hit records higher than 300 billion in the past. The next few years might see Bitcoin eclipse its previous records.