Grayscale’s exponential growth demonstrates institutional demand for Bitcoin and other digital assets. Grayscale Investments, the largest digital asset management firm in the world, has been showing exponential increases in investment to its cryptocurrency products. The total sum of assets under management grew by $1 billion in less than two weeks in July, as a Twitter […]
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Options interest and volumes reach their all-time highs, with derivatives markets exploding as market sentiments remain bullish on BTC and ETH. The crypto options market has been evolving rapidly over the second quarter of 2020. According to TokenInsight’s recent crypto derivatives industry report, trading volumes are seeing a 166% year-on-year increase compared to Q2 2019. […]
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Announcement by U.S. OCC to fuel business opportunities for crypto exchanges, custodians and traditionals banks. The Office of the Comptroller of the Currency, a division of the United States Treasury that supervises banking in the country, on July 22, issued an interpretive letter clarifying that nationally chartered banks are allowed to provide cryptocurrency custody services […]
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Bitcoin balances on major exchanges drop to levels not seen since last summer’s bull run as demand and BTC price are on the rise. As July comes to a close, the amount of Bitcoin (BTC) held by major cryptocurrency exchanges has reached its lowest level since late May 2019. At that time, Bitcoin’s price was […]
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Bitcoin and most altcoins could consolidate for a couple of days before resuming their uptrend. Bitcoin (BTC) trading volumes in spot and derivatives markets have been surging since the digital asset rallied above the $10,000 level earlier this week. Bakkt reported record Bitcoin futures volume on July 28 and 29, which indicates that the traders who […]
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Bakkt breaks another record with more than 11,700 Bitcoin futures contracts traded on Tuesday. 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. […]
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Digital Assets Data CEO Mike Alfred explains increased Bitcoin interest from a number of parties. Mike Alfred, CEO of analytics firm Digital Assets Data, described increased Bitcoin (BTC) enthusiasm from the public amid flying prices. “We are seeing more signs of increased institutional interest,” Alfred told Cointelegraph of Bitcoin on July 28 — the day […]
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Malta-based cryptocurrency exchange OKEx now features daily, two-day, and monthly options trading for BTC/USD, ETH/USD, and EOS/USD. OKEx, the second largest crypto options trading platform after Deribit, is expanding its options trading types. Starting July 24, OKEx features new crypto options trading opportunities including daily options, two-day options, and monthly options. OKEx now features seven […]
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A recent Bloomberg report says Bitcoin is a resting bull but improperly interprets key metrics to paint a bullish case for BTC. Bloomberg senior commodities strategist Mike McGlone recently released a midyear crypto outlook, which states that Bitcoin volatility should continue to decrease as the asset behaves more like gold. The report also says that […]
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Crypto derivatives trading platform Delta Exchange has today launched options trading for two major altcoins, BNB and LINK. Cryptocurrency derivatives trading platform Delta Exchange has today launched options trading for two major altcoins, Binance Coin (BNB) and Chainlink’s LINK. In an announcement on June 19, the exchange indicated it would be following the launch of […]
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