Options Exchanges Filed for Spot Bitcoin ETF Options. ETF options usually go through a rigorous bureaucratic process before being launched. Now that spot Ethereum exchange-traded funds have launched, investors are turning to the next crypto product Wall Street could launch — spot Bitcoin ETF options. Bitcoin ETF options allow investors to buy or sell Bitcoin … Read more
Hedge funds bolstered their bitcoin portfolios amid market turmoil on Monday. FalconX Research Boss Says Investors Are Betting Bitcoin Will Become Digital Gold As traders predict the price of Bitcoin will reach $100,000 by the end of the year, they have boosted the cryptocurrencies. Institutional investors scooped up bitcoin in droves during Monday's market turmoil, … Read more
The yen carry trade, the catalyst for the recent market turmoil, has not abated, JP Morgan said. All eyes turned to the Fed and the US election. Crypto Liquidity Protocol Orderly and Volmex Labs Focus on What's Next Since their dramatic fall on Monday, Bitcoin and Ether have rallied 21% and 19%, respectively. In the … Read more
Political memecoins are going down. The focus shifted to what would please the audience – beautiful, often humorous, images of animals. Memecoins, modeled after US election candidates that once traded with market values of hundreds of millions of dollars, are now failing to attract attention. Tokens bearing the names of Donald Trump, Joe Biden and … Read more
Donald Trump Jr. teases a family crypto project that is 'much bigger' than another memecoin. He dismissed rumors of a Trump family memecoin. He hinted at a much larger crypto project aimed at disrupting traditional banking. The Trump dynasty is diving deep into crypto. Donald Trump Jr. has hinted that the former president's family is … Read more
Bitcoin is still reeling from Monday's price collapse, but experts see positive signs for the market. August has historically been Bitcoin's worst-performing month. Bitcoin suffered its biggest price correction of the year, falling 30% on Monday amid a broader drawdown in global markets. Geopolitical tensions in the Middle East and fears over economic policy changes … Read more
Bitcoin miners are turning some of their computing power over to AI. Skeptics argue that this is a mistake because AI and Bitcoin mining are very different businesses. Bitcoin miners must commit to mining Bitcoin. According to Elliott Chun, a partner at crypto finance strategy firm Architect Partners, Bitcoin miners have argued against efforts to … Read more
Bitcoin ETF market makers are Ledn's biggest clients for crypto loans. Ledn credits Bitcoin and Ether ETF approvals for its performance. Big-money players say crypto loans offer tax advantages over selling tokens. According to a report shared with News, centralized crypto lender Ledn said it processed $1.16 billion in crypto loans, mostly to bitcoin exchange-traded … Read more
Coinbase's CEO wants to launch a crypto index fund. There are regulatory hurdles to doing so. Coinbase beat analysts' expectations in its second quarter earnings. Coinbase wants to create its own crypto index fund, CEO Brian Armstrong said on the firm's earnings call with investors. In response to a question about Coinbase's product roadmap, Armstrong … Read more
Justin Sun takes X to face liquidation rumours. The announcement comes as crypto is in free-fall. Tron founder Justin Sun Denied His positions were rumored to have been canceled due to the fall in cryptocurrency prices. Rumors spread on X on Monday morning Asian time after he posted “Justin Sun is finally liquidated” with just … Read more
Crypto markets crashed. One analyst says the macroeconomic environment is to blame. But another is hoping for a price hike in the second half of 2024. The bloodshed in the markets is taking crypto with it. In the past 24 hours, global stocks have fallen, volatility has risen and investors are fleeing to havens like … Read more
Bitcoin was not spared as global markets tumbled on Monday. Investors are spooked by several worrying developments. Outflows of DeFi tokens have increased. Crypto is not a market for the faint of heart, but even diehard investors whitewashed it on Monday as Bitcoin and other tokens gave back months worth of gains. Bitcoin has fallen … Read more