Bitcoin Traders Scoop Up Options Bets At $65K And Higher
The bullish flow is reminiscent of the 2020-2021 bull market when traders consistently snapped up bitcoin calls at levels well above the going market rate.
The bullish flow is reminiscent of the 2020-2021 bull market when traders consistently snapped up bitcoin calls at levels well above the going market rate.
The CoinDesk 20, a liquid index of the top twenty cryptocurrencies, rose 4% in the past 24 hours.
Spot bitcoin ETFs have amassed more than 192,000 bitcoin in holdings, as of Friday, since their launch nearly a month ago.
Spot bitcoin ETFs have amassed more than 192,000 bitcoin in holdings, as of Friday, since their launch nearly a month ago.
The cryptocurrency has performed well before the halving and is likely to sustain momentum for the rest of the year, leading to new highs, the report said.
The largest crypto rallied every time in the last 9 years by 11% on average around the Chinese New Year festivity, says 10X’s Markus Thielen.
LINK is one of the year’s top-performing tokens, driven largely by hype around the tokenization of real-world assets.
One of the most-anticipated airdrops faced social media ire over its novel token distribution plan.
Bitcoin’s monthly chart Bollinger bandwidth resembles a pattern seen before the near-vertical rallies of 2020 and 2016.
Periodic observations and market musings from Todd Groth, Head of Research, CoinDesk Indices.