In-depth cryptocurrency market analysis. Expert insights on Bitcoin, altcoin price trends, technical indicators, and data-driven market predictions.
According to cryptocurrency options exchange Deribit, $9.5 billion worth of Bitcoin options will expire at 17:00 UTC on January 5. The put/call ratio is 0.63 and the max pain (the price at which the most options buyers lose premium) is $43,500. At the same time, $5.79 billion worth of Ethereum...
"We expect the U.S. authorities to approve a BTC spot ETF, but the price of BTC may decline afterward," MatrixPort analyst and 10X Research founder Markus Thielen told CoinDesk. Technical indicators suggest that the uptrend of the past few weeks is breaking down," he said. "After the approval of...
TechCrunch reporter Jacquelyn Melinek reports via X that she has "heard from multiple sources familiar with the matter that the U.S. Securities and Exchange Commission (SEC) will approve multiple BTC spot ETFs."
According to Cointelegraph, Bloomberg analyst James Seyffart participated in a CryptoQuant webinar on Thursday and said, "The U.S. Securities and Exchange Commission (SEC) has tacitly accepted that Ethereum (ETH) is a commodity. As such, we believe it is highly likely that an ETH spot ETF will be...
Receipes Depositary Corporation (RDC), a financial startup founded by former Citigroup executives, has begun offering bitcoin-based products that do not require U.S. regulatory approval, Bloomberg reports. The products, known as "Bitcoin Depositary Receipts" (BTC DRs), are similar to U.S....
Cryptocurrency market capitalization has evaporated by about $100 billion in the past 24 hours, which is normal for the highly leveraged crypto market, according to an analysis. According to BeInCrypto, crypto analyst CrediBULL Crypto, who has about 35.6 million X (formerly Twitter) followers,...
According to Cryptoslate, traders on the decentralized prediction market platform Polymarket on Wednesday (January 3) gave a 70% chance that the US Securities and Exchange Commission (SEC) will approve a Bitcoin spot ETF by January 15. That's down from 85% the day before. "This was likely...
According to BeInCrypto, Messari, Van Eck, ETC Group, and others have predicted the price of Bitcoin in 2024. Here are the details, and BTC is currently trading at $42,966.42, down 4.64%, according to CoinMarketCap. Messari Predicts a Bitcoin price of $600,000. Expects growth to reach levels...
Goldman Sachs is likely to play a key role in a BTC spot ETF filed by BlackRock and Grayscale, CoinDesk reports, citing two sources. The sources, who asked not to be identified, said Goldman Sachs is in talks to become an AP. APs play a key role in creating and redeeming ETF shares. Last week, it...
News of the approval of a BTC spot ETF is likely to lead to a selling event, TheBlock reports, citing a K33 research report. "We expect the U.S. Securities and Exchange Commission (SEC) to make a decision on whether to approve a BTC spot ETF between January 8-10," said K33 senior analyst Vetle...
Bithumb has just announced on its official website that it will list Zebec (ZBC) on the KRW market on January 3 at 12pm. Deposits will be available starting at 11am.
"Bitcoin options trading volume has hit a record high ahead of the final expiry date of the year," reports The Block. According to TheBlock's own data, BTC options trading volume across all exchanges hit a record $38 billion in December, with the largest volume on Deribit ($26.7 billion worth)....