With All Eyes on a Spot Bitcoin ETF Approval, Don’t Sleep on ETH (or ETHE)
There’s a better trade than buying Grayscale’s GBTC if you’re optimistic the SEC will approve crypto ETFs.
Financial
Bitcoin
Financial
Bitcoin Jumps 2%, Ignoring DXY’s Rise to 10-Month High; XRP Eyes Death Cross
The uptick was initially led by spot market buyers, which squeezed out bearish derivative positions, one analyst said.
Financial
Bitcoin’s Implied Volatility Gauge Tops Ether for Record 20 Straight Days
The spread between dominant crypto options exchange Deribit’s forward-looking 30-day implied volatility index for ether (ETH DVOL) and bitcoin (BTC DVOL) has been consistently negative since Sept. 7.
Financial
SEC Extends Ark, Global X ETF Deadlines as Government Shutdown Looms
The U.S. Securities and Exchange Commission moved earlier than required to extend a couple of deadlines in the pile of spot bitcoin ETF applications awaiting responses.
Financial
Arbitrum Users Can Now Trade Bitcoin Mining Power With Each Other
Bitcoin miners have the ability to easily buy and sell hashing power to interested purchasers. The trades will be routed through smart contracts and will specify hashrate amount, duration and price.
Financial
MicroStrategy Bought 5,445 Bitcoin for $150M Since August
The software ompany now holds nearly $4.68 billion worth of the largest cryptocurrency by market capitalization.
Financial
Dogecoin Beats Bitcoin in Price Stability Amid Crypto Trading Lull
DOGE’s new-found stability reflects lack of investor interest in trading alternative cryptocurrencies.
Financial
BNB, XRP Lead Slide in Crypto Majors as Mt. Gox’s Repayment Delay Fails to Bouy Bitcoin Prices
“We still believe that the chances of further declines are higher for now,” one analyst said.
Financial
Bitcoin’s 87% Drop in 2021 Was Caused by Sam Bankman-Fried’s Alameda, Ex-Employee Claims
An ex-Alameda employee claims a trader at the firm punched in a wrong decimal which led to bitcoin’s 87% drop on Binance.US in 2021.
Financial
A Bitcoin ETF Has Golden Parallels From History
Gold ETFs dramatically shook up markets. A spot bitcoin ETF could do the same.