‘Deniers Are Crypto’s Flat Earthers’ as Markets Flash 83% Odds of Bitcoin ETF Approval
The popular Polymarket market bet “Bitcoin ETF approved by Jan 15?” has attracted almost $1 million in volume from hundreds of users.
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Bitcoin
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What Caused Bitcoin’s 10% Crash: Matrixport, Jim Cramer, Leverage?
Bitcoin cratered almost 10% below $41,000 early Wednesday around the time Matrixport’s report about potential spot BTC ETF rejections, but it was more likely due to a leverage flush as the market overheated, a K33 analyst said in an interview.
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Goldman Sachs Eyeing Bitcoin ETF Role Via BlackRock and Grayscale: Sources
Goldman Sachs is in talks to play the key role of being an “authorized participant” for BlackRock and Grayscale’s bitcoin ETFs, if the SEC approves them, according to people familiar with the situation.
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First Mover Americas: Bitcoin’s Strong Start to January May Falter
The latest price moves in crypto markets in context for Jan. 3, 2024.
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Bitcoin Spot ETF Proposals to Be Rejected by SEC: Matrixport
“SEC Chair Gensler is not embracing crypto in the U.S., and it might even be a very long shot to expect that he would vote to approve bitcoin spot ETFs,” Matrixport said
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Jim Cramer Capitulates on Bitcoin: ‘Technological Marvel … It’s Here to Stay’
The Mad Money Host three months ago was highly bearish on the world’s largest cryptocurrency.
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Polymarket Traders See 89% Chance of SEC Approving Spot BTC ETF by Jan. 15
Some investors have bought the “No side shares” of the prediction contract to hedge against potential delays in the SEC’s approval of spot ETFs.
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Bitcoin Bullish Bets Costlier Than Ever as Funding Rates Hit Record 66%
Veri tracked by Matrixport show küresel average perpetual funding rates rose to a record 66% annualized early Monday.
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Crypto for Advisors: Bitcoin Myth Busting
Advisors now have a better – but still nascent – array of investment options to help avoid the pitfalls of early-adopter risk and exploit a generational opportunity in 2024.
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Bitcoin ETF Approval Tipped to Be ‘Sell The News’ Event: CryptoQuant
Bitcoin could fall to as low as $32,000 next month if an ETF is approved.