CME Group’s bitcoin options market grew tenfold within a month and recorded six consecutive all-time highs for open interest so far this month.
Inactive Bitcoin Supply Reaches 4-Year High, Pointing to Bullish Sentiment
A majority of bitcoins haven’t moved in at least a year, according to on-chain data, signaling investor confidence amid macroeconomic uncertainty.
LocalBitcoins’ Volume Holds Steady Despite Stricter Compliance Procedures
Banning cash transactions and requiring identity verification has not noticeably hurt bitcoin’s oldest operating peer-to-peer exchange, market data shows.
Bitcoin Options Growth Outpaces Futures, Swaps
Bitcoin options trading is growing faster than the futures and swaps market in 2020.
Bitcoin’s Forks Have Trounced Bitcoin This Year
Bitcoin has underperformed its three major fork currencies by as much as triple-digit percentage points so far this year.
Ethereum Has Become Bitcoin’s Top Off-Chain Destination
The most popular way to use bitcoin off-chain is on Ethereum, recent data indicates.
‘Sell in May’ Wall Street Adage Doesn’t Apply to Bitcoin, Data Suggests
Investors who sold bitcoin in May missed out on positive returns during 8 of the past 10 years, according to market data.
First Mover: Chainlink ‘Marines’ Are HODLing and Here’s Why You Should Care
Chainlink, the blockchain oracle provider, apparently has not only a devoted group of backers known as “LINK Marines,” but a surprisingly committed crew of long-term investors. Here’s why.
Goldman Sachs: Cryptocurrencies ‘Are Not an Asset Class’
Goldman Sachs held an investor call Wednesday to discuss current policies for bitcoin, gold and inflation. The stalwart investment bank is still no fan of bitcoin or other cryptocurrencies.
Number of Bitcoins on Crypto Exchanges Hits 18-Month Low
The total amount of bitcoins held in cryptocurrency exchanges wallets dropped to an 18-month low just above 2.3 million on Monday, according to data estimates from Glassnode.
Bitcoin Rattled By Transfer of Satoshi Coins That Might Not Be Satoshi’s
Rumor spread Bitcoin’s mysterious founder, Satoshi Nakamoto, was moving early-mined bitcoin.
50 BTC Just Moved for First Time Since 2009 – But It Doesn’t Look Like Satoshi
50 bitcoin held in an inactive wallet since 2009 were moved Wednesday, but there’s little to support the belief that creator Satoshi Nakamoto mined those coins.
BitMEX Trading Engine Goes Offline, Company ‘Investigating’
The trading engine for BitMEX, formerly the largest bitcoin derivatives exchange measured by open interest, is offline at press time.
Bitcoin Demand Pushes Tether Below $1 for Longest Stretch Since March
Tether, the oldest and largest stablecoin tied to the U.S dollar, has fallen below par value for the longest stretch since bitcoin dropped to 12-month lows in March.
Bitcoin Demand Pushes Tether Below $1 for Longest Stretch Since March
Tether, the oldest and largest stablecoin tied to the U.S dollar, has fallen below par value for the longest stretch since bitcoin dropped to 12-month lows in March.
18 Months In, Few People Use, Mine or Buy Privacy Coin Grin
Despite launching with considerable fanfare in early 2019, grin, the first cryptocurrency to test privacy protocol MimbleWimble, is showing no signs of life.
Stablecoin Supply Breaks $10B as Traders Demand Dollars Over Bitcoin
The value of assets for all stablecoins surpassed $10 billion as more cryptocurrency traders prefer alternative cryptocurrencies using dollar-backed digital tokens instead of bitcoin, according to Coin Metrics data.
Hedge Fund Pioneer Paul Tudor Jones Says He Holds 1%-2% of Assets in Bitcoin
“We’re watching the birthing of a store of value, and whether that succeeds or not only time will tell,” he told CNBC.
3 Straight Record Days Drive CME Bitcoin Futures Open Interest to All-Time High
Open interest for CME bitcoin futures made a new all-time high of just under $500 million on Friday. CME’s bitcoin futures market are growing faster than nearly every other bitcoin futures market on a percentage and real growth basis.
Hedge Fund Pioneer Turns Bullish on Bitcoin Amid ‘Unprecedented’ Monetary Inflation
Paul Tudor Jones, a pioneer of the modern hedge fund industry, is reportedly betting on bitcoin’s price as an inflation hedge. Exactly how is unclear.