A week of solid gains for investors is sparking changes at CME, data shows as $9,500 continues to hold. Bitcoin (BTC) derivatives have returned to the spotlight this week as price moves appear to spark a surge in open interest. Data from on-chain analytics resource Skew showed open interest for CME Group’s Bitcoin futures nearing […]
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The price of Bitcoin faces a near-term pullback as Wall Street veterans warn of a Nasdaq bubble forming. Ned Davis, who has operated his namesake Wall Street research firm since 1980, believes a Nasdaq bubble is forming. Based on the rough correlation between Bitcoin (BTC) and stocks in recent months, it could negatively affect the crypto […]
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Traders bought $720 December call options as Ethereum price rallied 17% this week, but what’s the likelihood of ETH rallying another 160%? Since the start of the week Ether (ETH) has gained more than 17% and the gains appear to be connected to increasing stablecoin use and the rise of DeFi applications. As reported by […]
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The price of Bitcoin surged by 4.6% overnight but some traders are turning cautiously bearish on BTC/USD for two main reasons. The price of Bitcoin (BTC) surged from $9,160 to $9,584 within the last 48 hours. But despite the 4.6% gain, some traders are turning short-term bearish on the top cryptocurrency. According to several technical […]
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According to former CFTC Commissioner Sharon Bowen, the U.S. is behind other nations working on a CBDC. Sharon Bowen, a former Commissioner at the United States Commodities Futures Trading Commission, today said that the U.S. was falling behind other nations that are working on a central bank digital currency, or CBDC. During a webinar hosted […]
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Grayscale’s $1.4-billion inflow in the first half of 2020, along with two other key factors, shows institutional demand is surging rapidly. Since early 2020, the institutional demand for Bitcoin (BTC) has been steadily increasing. In the second quarter of this year, data show that the appetite for BTC spiked significantly. According to crypto asset fund […]
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The price of Bitcoin surpassed $9,300 for the first time since July 13 but traders are still cautiously optimistic about the trend of BTC. The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, surged past $9,300 on July 21 for the first time in over a week. Following a low-volatility range, traders are […]
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Analysts predict that the end of Bitcoin’s compression cycle will hit within days as price action continues to preserve $9,000 support. Bitcoin (BTC) price begins a new week ranging north of $9,000 as it awaits cues from macro markets — what could be in store for the coming days? Cointelegraph takes a look at the […]
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Trulioo said improving compliance for AML and KYC can be a big differentiator for crypto companies. The ability to verify documents and comply with anti-money laundering (AML) and know-your-customer (KYC) requirements is now a differentiator for crypto firms, said identity verification provider Trulioo. Anatoly Kvitnitsky, Trulioo’s vice president for growth, told Cointelegraph that as crypto […]
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While Bitcoin’s range-bound action is likely to extend for a few more days, select altcoins continue to show promise. Bitcoin’s (BTC) tight range has put analysts in a fix, meaning, every bit of data is being analyzed to determine the direction of the impending breakout. Bitcoin options open interest data can provide some clues on […]
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