IBIT options went live Tuesday in a first, a move that market participants widely expect to draw more institutional interest in bitcoin (BTC). Here’s how they could impact the market.
Power and profits took center stage in a confusing morning.
Trump Media and Technology Group, which operates Truth Social, is nearing an all-stock deal to purchase Bakkt, a struggling crypto trading venue owned by Intercontinental Exchange.
QCP traders expect a run to $100,000 — nearly 10% higher than the current record of over $93,000 — in the coming months, with those gains flowing into altcoins in a mark of a general “alt season.”
Options trading on spot bitcoin exchange-traded funds could become available as soon as Tuesday, according to Nasdaq.
According to BCA Research analysis of fractal patterns, the bitcoin price might climb above $200,000.
Data, however, show no uptick in Runes protocol on chain metrics as of Monday. Onchain metrics typically follow social activity and narratives, with prices leading afterward.
MSTR's options market exhibited extreme upside fear or bullish speculative frenzy.
The vault has been filled in excess of an initial $100,000 target as of Asian morning hours, with $240,000 worth of stablecoins deposited for CAT on Solana, data shows.
An increase in both OI and prices typically indicates that new money is entering the market — indicative of a bullish trend.
Low-unit bias, demand on Coinbase, frenzied community trading activity and BONK’s standing within the Solana ecosystem are positioning it for more growth ahead, traders say.
“We believe that the underlying strength in BTC represents a systematic shift in the market in anticipation of Trump’s return to office,” QCP Capital traders said in a Friday broadcast.
Robinhood adds SOL, PEPE, ADA, XRP, Coinbase adds PEPE
With Bitcoin rallying almost 30% in the last week, analysts are now setting their sights on where they expect BTC to end the year.
Revolut X’s expansion in the European Economic Area comes after Revolut debuted the crypto exchange in the United Kingdom in May.
In an X post, Musk said that all Department of Government Efficiency actions will be posted online for maximum transparency.
The asset manager has filed with the SEC to list and trade shares of spot Hedera, Solana, and XRP exchange-traded products.
BTC's breakout has the market in a state of euphoria, QCP Capital said.
The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, rose 4.5% in the past 24 hours.
ADA extended 7-day gains to 77% as Charles Hoskinson said development company Input Output will set up a policy office in the U.S.
Weekend pumps are considered bullish because they indicate broad interest and participation from smaller investors rather than just institutional players.
Majors cryptocurrencies are surging as a bullish backdrop gives traders reason to set a $100,000 price target for BTC in the near term.
Investors say a Trump administration will favor DeFi applications and tokenomics more, given the family’s backing of World Liberty Finance - riling up DeFi-focused trades.
Analysts expect a 0.25% rate cut this week, which has historically benefited assets like BTC by diluting the dollar's value and pushing investors towards alternative investments.
Bitcoin’s new all-time high of $75,000 following Donald Trump’s 2024 US presidential election win reflects heightened market optimism and anticipation of potential policy shifts favorable to digital assets. According to a report by digital asset custodian Copper.co, Bitcoin’s upward trajectory may continue into the new year. Fadi Aboualfa, Head of Research at Copper.co, said, “We […]
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“There is going to be a media frenzy about Elon and how his aggressively backing Trump and the 'Department of Government Efficiency' narrative could have been a deciding factor for a Trump win,” one trader said.
BTC fell amid a transfer of $2.2 billion worth of the asset by defunct exchange Mt.Gox from its storage to new wallets.
A majority of that stash, or nearly 30,400 BTC, was sent to “1FG2C…Rveoy” and 2,000 BTC was moved to “15gNR…a8Aok” after first being sent to a Mt. Gox cold wallet.
The most popular Polymarket bet has seen a flurry in trades ahead of Election Day, contributing to a surge of Harris’ winning shares on the betting platform.
A tracker for market sentiment reached “extreme greed” levels on Thursday, which has historically preceded market corrections.