Major monthly Bitcoin options and futures expiry sees markets becoming bullish on BTC. Bitcoin derivatives witnessed a major expiry event with a notional value of over $1 billion. Today, $272 million of Bitcoin futures expired on the Chicago Mercantile Exchange, while over 65,000 Bitcoin options contracts expired across Deribit, CME and OKEx, having a notional […]
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This week the Fed signaled that further monetary expansion is planned, meanwhile interest in Bitcoin and DeFi continues to skyrocket. This week was quite eventful for crypto and traditional markets and investors will note that as central banks introduce new monetary expansion policy, Bitcoin (BTC) and altcoins have begun to forge their own path. Before […]
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Fundamental growth is not so impressive when you factor out the bull run. A new metric published by DappRadar wants to paint a more reliable picture of how the decentralized finance ecosystem is growing. Called “Adjusted TVL,” the metric attempts to clean total value locked readings from any external influence — primarily price increases. Total […]
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Will altcoins rally as Bitcoin price stagnates, and is DeFi producing a bubble? Here’s what’s driving the altcoin season. With Bitcoin dropping below the $12,000 level and pulling back to $11,400 in the last few days, altcoins also seem to have lost their momentum, even after their impressive gains since the start of 2020. However, […]
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A key bull trigger for Bitcoin reemerges as even a Visa executive pours scorn on the Fed and calls on consumers to “opt out with Bitcoin.” Bitcoin (BTC) is inches away from getting the same boost that helped it hit $12,500 earlier this month, data shows. On Aug. 28, the U.S. dollar currency index (DXY), […]
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The FBI have arrested one of the conspirators in a planned ransomware attack against electric car maker Tesla. A young Russian citizen and his co-conspirators came within an inch of carrying out a major ransomware attack against Tesla — unaware that their target had already turned them in. Last week, the United States Federal Bureau […]
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A forex exchange in Japan will start crypto CFD trading soon. Japanese financial giant SBI Holdings is preparing to launch contract-for-difference (CFD) trading for major cryptocurrencies like Bitcoin (BTC). Starting Aug. 31, SBI Holdings will start CFD trading service for crypto assets like Bitcoin, Ether (ETH), and XRP, Cointelegraph Japan reports on Aug. 28. As […]
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Bulls are still king as market signs point up, not down, says filbfilb — but Friday’s futures expiry could spell trouble. Bitcoin (BTC) can still top $13,000 and higher as a series of “non-events” still leave bulls in a powerful position. Data from Coin360 and Cointelegraph Markets showed BTC/USD climbing towards $11,500 on Aug. 28, […]
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Many prominent crypto players responded positively to the SEC decision, while others said the move falls short Major players in the crypto community have responded to the U.S. Securities and Exchange Commission recently amending its definition of an “accredited investor”. While many gave positive feedback, some say the new rules don’t go far enough. On […]
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The world’s largest digital asset management firm has pulled advertising from a Fox News prime-time show following controversial comments about a recent U.S. shooting. Grayscale Investments, a major crypto investment firm with $5.8 billion in assets, has pulled advertising from Tucker Carlson’s prime-time show following the host’s controversial comments about a recent shooting at a […]
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