BTC Supply in Profit Nears 90% as Price Rallies on Expected Bitcoin ETF Approval
Just under half of the bitcoin supply was in profit at the start of last year.
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Bitcoin Traders Seek Protection From Price Declines as ETF Deadline Looms: Deribit
Puts are overbought and calls [are] being sold, Deribit’s CCO Luuk Strijers told CoinDesk, noting the decline in the bitcoin implied volatility index.
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Fake Bitcoin ETF Approval Tweet Causes $90M in Liquidations
Those tweets caused bitcoin prices to immediately spike to $47,680 from the $46,800 level. It then fell as low as $45,400 as the tweets were found to be fake.
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Binance, KuCoin, Other Exchanges, Served Notice by Indian Government Removed From Apple’s App Store
Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Küresel and Bitfinex were sent showcause notices by the Indian government.
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Crypto OTC Volumes on Wintermute Soared 400% in 2023
Market maker says the uptick in over-the-counter trading was due to volumes moving off-exchange.
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PayPal’s Stablecoin Part of Third Largest Liquidity Pool on Curve
Curve’s FRAXPYUSD liquidity pool, which went live on Dec. 27, boasts the third largest TVL of $135 million.
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Hacker Seized SEC Phone Number to Post Fake Bitcoin ETF Approval, X Says
The revelation raises questions about the investments regulator’s security protocols.
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Crypto Boosters Attack SEC For ‘Manipulating’ BTC Market After ETF Tweet
Lawmakers and crypto boosters are asking questions about how the SEC’s X (formerly Twitter) account was compromised, leading to a bogus tweet on Tuesday.
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Crypto Custodian BitGo Wins In-Principle Approval as Major Payments Institution in Singapore
BitGo was also recently named by Hashdex as the custodian in its application to become an issuer of a spot exchange-traded fund.
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Bitcoin Jumps, Then Dumps to $45K as Fake News About Spot Bitcoin Approval Liquidates $50M
The immediate price reaction showed that bitcoin’s price might be capped if a real approval arrives, one analyst noted.