“Bitcoin’s rally is part of a larger trend signaling a shift towards bitcoin as a distinctly strong and established store of value,” one investor said.
Bitcoin Options Volume Jumps to $3.3B as Price Rallies to Two-Month High
Traders are scrambling for bitcoin calls or bullish bets after the cryptocurrency’s sudden rally to nearly $31,000.
Bitcoin Holdings in One Coinbase Custody Wallet Jumped by 2.5K After BlackRock ETF Filing
Trading volumes have seen a marked increase on Coinbase since the filing for a spot bitcoin ETF.
First Mover Asia: Bitcoin Holds Firm Above $30.1K as Investors Relish BlackRock, Other Spot BTC ETF Filings
ALSO: Crypto may enduring “a crisis of confidence,” but the recent filings for spot bitcoin ETFs by large institutional investors is a promising sign, said an eToro analyst.
Price analysis 6/21: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT
Bitcoin’s price surged to $31,000 as a handful of BTC spot ETF applications and Fed Chair Jerome Powell’s views on stablecoins appear to have improved crypto investors’ view of the market.
Circle Restarts U.S. Treasury Purchases in BlackRock-Managed USDC Reserve Fund
Repurchase agreements will keep being part of the reserve fund, Circle’s chief financial officer said Wednesday during a company call.
Bitcoin, Ether Fall Outside Howey Test Criteria
As a result, the SEC’s regulatory scrutiny may be more limited in scope.
3 reasons why Ethereum’s market cap dominance is on the rise
Bitcoin dominance is rising, but so is Ethereum’s share of market dominance among its altcoin competitors. Cointelegraph explains why.
MakerDAO Boosts U.S. Treasury Holdings by $700M to Back DAI Stablecoin With Real-World Assets
The purchase is the latest step to increase the role of real-world assets in the platform’s DAI stablecoin reserve.
Bitcoin Breaks $30K Amid TradFi Push Into Crypto
The world’s largest cryptocurrency by market value, bitcoin, had not reached levels above $30,000 since June 2022.
Binance Will Expand Zero-Fee Trading on TrueUSD after Minting $1B of TUSD
Binance crypto wallets hold some 90% of TUSD’s $3.1 billion market cap, according to blockchain data by Arkham Intelligence.
Crypto Exchange BIT Unveils Options Market for Cardano’s ADA Token
BIT’s unified margin system allows ADA holders to trade options at a discount.
Bitcoin Crosses $29K for First Time in Over a Month
The world’s largest cryptocurrency has rallied over 8% in the last 24-hours on the back of various traditional finance players jumping into crypto.
First Mover Americas: Bitcoin Rallies as TradFi Players Jump Into Crypto
The latest price moves in bitcoin (BTC) and crypto markets in context for June 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Price Spikes to $138K on Binance.US
The exchange’s market depth has declined nearly 80% over the past month on regulatory woes.
Cardano, Ether Surge as Bitcoin-Led Rally Sees Short Traders Lose $125M
Crypto market capitalization rose 5% likely as sentiment rose on the back of two institutional bitcoin plays in the past week.
Bitcoin June 2024 Expiry Futures and Options in High Demand Due to Halving: Deribit
The Panama-based exchange will launch the June 2024 bitcoin futures and options contracts on Thursday at 08:00 UTC
Invesco Reapplies for Bitcoin ETF, Advocates for More Crypto Investment Products
Invesco first filed for a Bitcoin ETF in the fall of 2021, but has since re-applied in light of BlackRock’s application.
First Mover Asia: Bitcoin Has Its Eyes on $30K Amid Steadfast Institutional Interest
Bitcoin’s Rally to $28K Causes the Largest Short Squeeze This Month
The price surge liquidated some $34 million of short positions in the past 24 hours, the most this month, CoinGlass data shows.