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The open interest (OI) for Bitcoin call options is twice the open interest for the put options, indicating an overall bullish sentiment.
Earlier this week, GBTC recorded daily net inflow after a very long time of constantly seeing outflows.
Despite Grayscale GBTC holding the largest BTC reserves, the BlackRock Bitcoin ETF IBIT remains the top choice of institutions.
This newly developed exchange will allow customers to trade directly from it rather than using the Revolut app, thereby enjoying lower fees.
The recent Bitcoin price rise above $65K has carried with it the altcoin market led by Solana, Toncoin, and Avalanche, among others.
The Federal Reserve’s decision had immediate repercussions in the financial markets, including the crypto sector.
The total April net outflows of $343.5 million has successfully broken the three months of consecutive inflow streak for the spot Bitcoin ETFs.
Despite Zhao plea and the severity of the charges, Binance continues to thrive in the booming cryptocurrency market, with over 40 million new users in 2023, up 30% from the previous year.
Hong Kong previously listed three futures-based crypto ETFs in late 2022.
The trading of spot Bitcoin ETFs in Hong Kong, which begins tomorrow, will further strengthen the long-term bullish sentiment.
The much-anticipated Bitcoin halving event on April 20 was expected to trigger a price surge but failed to deliver the anticipated impact. Instead, Bitcoin saw a subsequent 15% drop.
Consensys has argued that Ethereum is not a security but a global computing platform and its DeFi platforms are not securities brokers.
Blania said that Worldcoin is going to upgrade its verification system. The upgrade includes plans to introduce Orb models in various colors and expand their availability to more global locations.
April 24 marked the first-day IBIT experienced zero inflows, concluding its remarkable streak of positive trend.
Bitcoin’s decline to $64,000 had a widespread impact on the overall market, particularly affecting altcoins, which experienced larger drops than BTC.