Briefly the largest mass expiration in months will see almost $5 billion worth of Bitcoin options expire today, potentially causing market volatility. The put/call ratio is 0.56, indicating a bullish market sentiment because there are nearly twice as many long contracts as short contracts. On June 30, Ethereum options worth approximately $2.3 billion will also…
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Briefly Vipkhoone data indicate that despite fears of a Russian coup, the price of Bitcoin remained close to $31,000. Ethereum and other digital assets are rising, and it appears that other digital assets are unconcerned about the events at the Kremlin as well. According to President Putin, the events would result in serious consequences and…
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Briefly MicroStrategy co-founder and self-described Bitcoin maximalist Michael Saylor believes that the value of Bitcoin will continue to rise. Saylor dismisses other cryptocurrencies, arguing that Bitcoin is the only institutional-grade investable asset in the crypto space. The tech entrepreneur also commends the SEC’s recent cryptocurrency guidance. Michael Saylor, co-founder of MicroStrategy and well-known Bitcoin maximalist,…
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Happy morning! This is what’s going on: Prices: Despite new SEC action, bitcoin and other cryptocurrencies surge. Insights: Although there are differences, Binance and FTX have both been accused of combining assets. Bitcoin Regains Lost Ground With a couple of crisscrosses en route, bitcoin shook off the Protections and Trade (SEC) Requirement Week to…
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Who’s Better for Bitcoin: DeSantis or Kennedy Jr? To sum things up The 2024 US Official race highlights two driving competitors upholding for digital currency: Governor Ron DeSantis of Florida and Robert F. Kennedy Jr. DeSantis has opposed central bank digital currencies due to their centralization and has consistently advocated for policies in Florida that…
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The Market Update gathers the main cost developments in the crypto markets over the detailing period, distributed 07:45 ET on work days. The cryptocurrency market cap has decreased by 3.7% from $1.27 trillion to $1.22 trillion over the past 24 hours due to net outflows of $47.5 billion. The market caps of Bitcoin and Ethereum…
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According to Santiment, a blockchain analytics company, Bitcoin price volatility is at its lowest level since the second week of January. According to Santiment data, Bitcoin (BTC) whales—addresses holding between 100 and 1,000 BTC—accumulated 20,007 BTC. As per the blockchain examination firm, the amassing over this period returned the companion’s holding to more than 20%…
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FTM, SOL, INJ, STX, CFX, and RNDR outperformed Bitcoin’s 6.41 percent rise to $30,000, making it the seventh best performer in the last 24 hours. Several other cryptocurrencies have outperformed Bitcoin in the past 24 hours as it approaches $30,000 in value. RenderToken (RNDR) gains nearly 17%, while Conflux Network and Stacks gain a significant…
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Briefly the key event that reduced mining rewards, the halving of Bitcoin, influences market sentiment, increases the profitability of miners, and drives innovation in the crypto ecosystem. The price of Bitcoin is influenced by the halving, and institutional investors have a significant impact on how the market reacts to this development. The forthcoming splitting may…
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Briefly data from the Federal Reserve showed that between March 8 and March 15, banks’ deposits fell significantly. Small US banks’ borrowing rates reached their highest levels during the same time frame. In the meantime, Bitcoin has gained 35% in the past two weeks. Between March 8 and March 15, fears of a banking collapse…
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