Bitcoin News

Bitcoin News

Markets

Bitcoin Call Skew Hints at Further Price Rise as Spot ETF Optimism Energizes BTC

The one-month call-put skew has risen above 10%, indicating a strongest bullish bias in 31 months.

Bitcoin one-month call-put skew (Amberdata)

Markets

Bitcoin Tops $37K for First Time Since May 2022 as Short Squeeze Bumps Prices Amid BTC ETF Optimism

Over $62 million in bitcoin shorts were liquidated in the past 24 hours, contributing to higher prices.

El estrangulamiento de posiciones cortas impulsó las ganancias en altcoins. (Bella H./Pixabat)

Markets

ARK Snaps Up $9.5M HOOD Shares Day After Robinhood Announces European Expansion

The fund continues to sell GBTC as shares have rallied 235% this year, outperforming bitcoin and traditional risk assets.

Ark Invest CEO Cathie Wood (Marco Bello/Getty Images, modified by CoinDesk)

Markets

Bitcoin Tops $36K as 'ETFs Not Yet Priced in'

Bitwise's CIO sees future upside to bitcoin's price as the world's largest digital asset has 30% this month.

Bitwise CIO Matt Hougan (Suzanne Cordiero/CoinDesk/Shutterstock)

Tech

Protocol Village: Fidelity Acknowledges Risk of Bug in Bitcoin's Code

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 2-8, with live updates throughout.

Scene from Protocol Village at Consensus 2023 in Austin, Texas.

Markets

Bitcoin Breakout Toward $45K 'Imminent' Says Matrixport

Polygon's MATIC and Chainlink's LINK led altcoin gains Wednesday afternoon.

CoinDesk Bitcoin Price Index (CoinDesk)

Finance

BTC Price Pushes Towards $36K Ahead of 2023's Last Approval Period for Bitcoin ETFs

Analysts at Bloomberg predict that if a spot bitcoin ETF is not approved in this period, there’s still a 90% chance for approval by Jan. 10.

Chair Gary Gensler's U.S. Securities and Exchange Commission is weighing Hashdex's ETF application, which analysts suggest could have a leg up because of its novel approach.  (Jesse Hamilton/CoinDesk)

Markets

Bitcoin Fees Soar Nearly 1,000% Since August as Ordinals Are Back in Vogue

Higher fees are also boosting bottom lines for the industry's beleaguered miners, 21Shares noted.

Number of Ordinals inscription on Bitcoin (21.co/Dune Analytics)

Markets

First Mover Americas: Binance Unveils Self-Custody Wallet

The latest price moves in crypto markets in context for Nov. 8, 2023.

Two large stacked blocks displaying Binance's logo at a trade show.