Historical data suggests that Bitcoin could rebound strongly in July. According to CoinGlass, which has been tracking Bitcoin's monthly gains since 2013, if Bitcoin falls in June, it has rallied an average of 7.42% in July. However, the report notes that events such as Mt. Gox's 140,000 BTC...
The options market seems to be pointing to the upside in terms of price action. Lin Chen, business development manager for Asia at crypto options exchange Deribit, said: "An anonymous trader bought an ETH call option expiring in late September (strike price $3,400) and simultaneously sold an ETH...
"NFT sales fell 45% in Q2 compared to Q1," CryptoPotato reported, citing NFT data platform Cryptoslam. "NFT sales in Q2 totaled approximately $2.28 billion, the lowest sales volume since Q3 2023, led by the lowest monthly sales volume in June since October 2023. April and May also saw a decline,...
After closing at $60,325 on the previous trading day, CME BTC futures opened at $62,085 today, creating a gap worth $1,760 that has since been filled. The previous CME BTC futures gap is seen on the chart near $64,100 on the upside and $58,500 on the downside of yesterday's gap. Meanwhile, the...
With the price of cryptocurrency giant Bitcoin (BTC/USD) dipping below the $60,000 mark at one point this week, experts are warning that the price could fall further from current levels. Bitcoin is currently hovering around $60,000, which is about 17% lower than the $73,797.68 it hit in March....
The U.S. Securities and Exchange Commission (SEC) could approve an Ethereum spot ETF as early as July 4 (local time). The process is in the final stages of discussions among asset managers, regulators, industry executives and other participants. "We are in the final stages of finalizing the ETF...
Yat Siu, co-founder of NFT and blockchain game developer and investor Animoca Brands, said on June 26 that the company is "considering listing on Hong Kong and Middle East bourses as early as next year," according to Deinformation. "We have been in talks with investment banks to list, but we have...
According to Nansen data, the presumed address of Jeffrey Huang, a BAYC-affiliated NFT whale and popular Taiwanese singer, has become the number one BLAST whale by holdings. The address has been buying BLAST since yesterday evening and now holds a total of $5.37 million worth of BLAST. Meanwhile,...
Polymarket, a cryptocurrency betting marketplace, is giving Trump a 59% chance of winning the election. This is notable because it's a departure from recent polls, Fortune reported today. With the first debate between the presidential candidates taking place this Thursday (local time) in Atlanta,...
Crypto data provider Alternative's self-estimated Fear-Greed Index fell 21 points from the previous day to 30. The deterioration in sentiment has shifted it from neutral to fear. Sentiment has contracted to levels last seen on September 12th of last year. The index indicates extreme fear in the...
Michael Saylor, founder of MicroStrategy, which holds the most Bitcoin by a single company, said in a YouTube podcast that "Bitcoin will go to $10 million". "BTC is the perfect money, it's economically immortal. Economics is a quasi-religious humanities discipline, full of people's opinions and...
"Six weeks ago, an ETH spot ETF was a false hope, but there's a good chance it will be approved in the next week or so," Nate Geraci, CEO of US ETF specialist ETF Store, told X. Meanwhile, Andrew Kang, co-founder of crypto investment firm Mechanism Capital, told X that "the ETH spot ETF approval...
