Tag: BTC

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On Derive’s Options Market, Institution Takes $25M Hedge Bet on BTC Price Action Spurred by U.S. Election

On Derive’s Options Market, Institution Takes $25M Hedge Bet on BTC Price Action Spurred by U.S. Election

"This $25 million options trade marks a watershed moment for onchain options trading, and it's one that could have significant implications post-elect [...]
Bitcoin (BTC) Price Retakes $67K as Beige Book Supports Fed Rate Cuts

Bitcoin (BTC) Price Retakes $67K as Beige Book Supports Fed Rate Cuts

Bitcoin has recovered from the overnight lows under $53,500 to trade 1% higher on the day at $67,300 at press time, and the dollar index (DXY) rally h [...]
Number of Bitcoin Whales Holding At least 1K BTC Jumps to Highest Since January 2021

Number of Bitcoin Whales Holding At least 1K BTC Jumps to Highest Since January 2021

Data tracked by Glassnode and André Dragosch, director and head of research - Europe at Bitwise, shows the number of so-called whales or network entit [...]
Bitcoin (BTC) Mining Difficulty Hits All-Time High as Hashrate Surges

Bitcoin (BTC) Mining Difficulty Hits All-Time High as Hashrate Surges

From November 2023 to July 2024, we saw over 30,000 bitcoin leave miner wallets, one of the longest distribution periods from miners on record. Howeve [...]
First Mover Americas: BTC Revisits $67K on Leverage Flush, APE Options Fly

First Mover Americas: BTC Revisits $67K on Leverage Flush, APE Options Fly

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualize [...]
Paul Tudor Jones Likes Bitcoin (BTC) and Gold (GLD) Thanks to U.S. Fiscal Outlook

Paul Tudor Jones Likes Bitcoin (BTC) and Gold (GLD) Thanks to U.S. Fiscal Outlook

The U.S. is at an "incredible moment in history," said Tudor, with the national debt ballooning to nearly 100% of GDP now from 40% only 25 years ago. [...]
Bitcoin Exchange River Financial Allowing Users to Earn BTC Interest on Cash Deposits

Bitcoin Exchange River Financial Allowing Users to Earn BTC Interest on Cash Deposits

Not a bank itself, River has teamed up with Lead Bank, a member of the FDIC, meaning users' deposits are protected up to the value of $250,000. www.c [...]
Bitcoin Is Going to $80K Regardless of Who Wins U.S. Elections, Traders Say

Bitcoin Is Going to $80K Regardless of Who Wins U.S. Elections, Traders Say

“Both Presidential candidates have adopted pro-crypto stances to appeal to voters, but it's tough to say if any of their promises will come to pass,” [...]
Bitcoin’s (BTC) Impending Golden Cross and Overhyped Concerns of Rising U.S. Treasury Yields

Bitcoin’s (BTC) Impending Golden Cross and Overhyped Concerns of Rising U.S. Treasury Yields

"Central banks think policy is tight and want to cut gradually. If employment cracks, they will cut fast. If employment bounces, they will cut less. T [...]
DOGE, XRP Lead Crypto Majors Decline as Bitcoin ETFs Bleed $80M

DOGE, XRP Lead Crypto Majors Decline as Bitcoin ETFs Bleed $80M

The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, fell nearly 2% while bitcoin lost 1%. Traders [...]
Bitcoin, Majors Dip on Leverage Flush; CAT Token Runs Up 60% on Futures Listing

Bitcoin, Majors Dip on Leverage Flush; CAT Token Runs Up 60% on Futures Listing

The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, lost 2.1%. www.coindesk.com [...]
Bitcoin (BTC) Price Pulls Back Below $67K as Crypto Rally Cools

Bitcoin (BTC) Price Pulls Back Below $67K as Crypto Rally Cools

Checking possible catalysts for today's action, one need look no further than the recent price movement: bitcoin had risen in near-continuous fashion [...]
First Mover Americas: BTC Peeps Above $69K as Macro Favors Bulls

First Mover Americas: BTC Peeps Above $69K as Macro Favors Bulls

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 21, 2024. First Mover is CoinDesk’s daily newsletter that contextualize [...]
Bitcoin Hashrate Hits All-Time High as Publicly-Listed Miners’ Share of the Network Peaks

Bitcoin Hashrate Hits All-Time High as Publicly-Listed Miners’ Share of the Network Peaks

Bitcoin mining is one of the hardest industries to stay profitable, due to it's capital intensive nature, on top of block rewards getting cut in half [...]
Bitcoin Gets Bullish MACD Signal as BTC Eyes $70K Breakout

Bitcoin Gets Bullish MACD Signal as BTC Eyes $70K Breakout

The moving average convergence divergence (MACD) histogram, a technical analysis indicator used to gauge trend strength and changes, has flipped posit [...]
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