Investors hedge bets on Bitcoin with $50K call options before ETF decision

[ad_1] The crypto market is currently charged with tension, anticipating the U.S. Securities and Exchange Commission’s impending decision on the first spot Bitcoin ETF. Amidst divided opinions over whether the SEC will approve the ETF in the coming days or postpone the decision again, a close analysis of Deribit’s Bitcoin options market reveals traders bracing … Read more

Hedge Funds’ Long-Term Crypto Interest Remains Robust Even as Proportion Investing Drops: PwC

[ad_1] The proportion of traditional hedge funds investing in crypto assets declined in the past 12 months though the long-term outlook remains positive, according to a new report by Big Four accounting firm PricewaterhouseCoopers (PwC). The percentage of funds with crypto exposure fell to 29% from 37% in 2022, according to the Global Crypto Hedge … Read more

Analyst Doubles Down On Bullish Year For Bitcoin

[ad_1] Bitcoin (BTC) began 2024 on a positive note gaining by 3.18% in the first week of the year, according to data from CoinMarketCap. The premier cryptocurrency is expected to herald in a bull crypto season, with many investors expecting immediate approval of Bitcoin spot ETF proposals by various asset managers.  However, regardless of the … Read more

Binance Japan Plans To Offer 100 Crypto Tokens Soon

[ad_1] Binance’s Japanese unit is planning to nearly triple the number of crypto tokens listed on its platform.  The Japanese crypto exchange announced that it will soon offer 100 crypto assets for trading.  The exchange plans to collaborate with local exchanges and market makers to secure liquidity.  Binance Japan is also planning to register the … Read more

Analysts Caution Against Missing Out As BTC May Surge To $500k With ETF Launch

[ad_1] As the Bitcoin price has regained previously lost territory, following reports suggesting that the US Securities and Exchange Commission (SEC) would reject the long-awaited Bitcoin spot exchange-traded funds (ETFs), new developments have reignited hopes among investors.  Although the approval of these index funds is not expected to occur on Friday, sources indicate that the … Read more

A Game-Changer For MATIC Investors?

[ad_1] In today’s charts, Polygon (MATIC) is flashing red, losing 4.6% and 14.2% over the course of 24 and seven days, respectively. However, despite the poor showing, there was hope for fresh interest because of the recent developments. Focus is on the SAGA airdrop, which attracted over 26,000 Polygon users who used Polygon’s zkEVM Bridge … Read more

Coinbase To Suspend Trading For 41 Non-USD Trading Pairs

[ad_1] Coinbase is set to remove 41 non-USD trading pairs including ALCX/USDT and BIT/USD.  The crypto exchange is suspending the pairs to improve overall market health and consolidate liquidity.  Users of Coinbase Advance will be able to trade the suspended assets through their USDC balances.  The crypto exchange clarified that the suspended crypto trading pairs … Read more

Bitmain Will Hold the World Digital Mining Summit 2021 in Dubai From November 09-10

[ad_1] Hong Kong, September 27, 2021 –  Bitmain – the world’s leading producer of cryptocurrency mining hardware will hold the World Digital Mining Summit 2021 (WDMS) in Dubai from November 09-10. It will be the third WDMS event, this year hosted by Bitmain and Antminer. WDMS will gather the world’s top leading data center operators, hosting … Read more