Bitcoin News

Effort to Reverse SEC Rejection of Bitcoin ETF Wins Broad Crypto, TradFi Support
Regulators rebuffed Grayscale's attempt to convert its bitcoin trust into an ETF. Grayscale has powerful allies as it seeks to overturn that decision.

First Mover Asia: All Eyes on Aptos; Cryptos Trade Down Even as Stocks Rise
Aptos is launching at a time when the only concerns about the price of gas involve petroleum, not the virtual metaphor; bitcoin held comfortably above its recent $19,000 support.

New Bitcoin-Focused VC Firm Ego Death Capital Raising $30M
The fund had raised over $11 million of its target as of mid-September.

Market Wrap: Crypto Prices Decline Slightly as Trading Volumes Continue to Sag
Bitcoin and ether volatility have also been declining but the futures estimated leverage ratio for both has been rising.

Bitcoin Slips as Stocks Rise, Sparking Speculation Over Correlation
BTC’s 30-day correlation with stocks drops to the lowest point since January. The U.S. Federal Reserve’s aggressive interest hikes are “likely priced in,” a researcher says.

Bitcoin: la popularidad de futuros con margen en efectivo podría disminuir cascadas de liquidación
Los contratos con margen en efectivo son relativamente concisos y matemáticamente no convexos, lo que los hace más fáciles de entender para los inversores minoristas y más fáciles de liquidar para los exchanges, aseguró un trader de volatilidad.

First Mover Americas: Bitcoin Holding Up at $19.5K Despite Bearish Conditions
The latest price moves in crypto markets in context for Oct. 18, 2022.

Growing Popularity of Cash-Margined Bitcoin Futures Suggests Crypto 'Liquidation Cascades' Might Become Rare
Cash-margined contracts are relatively concise and not mathematically convex, making them easier for retail investors to understand and easier for exchanges to liquidate, one volatility trader said.

First Mover Asia: Macau’s Digital Currency Embrace Could Be a Nightmare for Its Casino Industry; Bitcoin Points Upward
The Special Administrative Region passed a bill that would create a legal framework for accepting digital currency, but would also allow China to monitor Chinese nationals visiting Macau; the largest cryptocurrency by market cap is trading above $19.5K.


