Bitcoin News
Brazilian Ride-Hailing Giant 99 to Enable Bitcoin Trading
Users of the 99Pay digital wallet will be able to sell and buy bitcoin commission-free starting next week.
Market Wrap: Long-Term Bitcoin Holders Trim Positions as Rally Stalls
Still, blockchain data show bitcoin holder positioning is consistent with the early stage of a bull market, one firm says.
CME Leveraged Funds Raise Bets Against Bitcoin to Record High as Futures Premium Spikes
Earlier this month, analysts had warned of renewed interest in cash and carry arbitrage.
CME Leveraged Funds Raise Bets Against Bitcoin to Record High as Futures Premium Spikes
Leveraged funds on the Chicago Mercantile Exchange (CME) raised their bets against bitcoin, rising to a record high in the week ended Oct. 19, possibly to profit from the widening gap between futures and spot markets prices. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Bank of Spain Opens Registry for Crypto Service Providers
The Bank of Spain has issued instructions on registering with the central bank to offer crypto-related services in the country. Head of Market Insights at Genesis Global Trading Noelle Acheson discusses the significance of the move, outlook for bitcoin following the launch of three U.S. bitcoin futures ETFs, and institutional interest in crypto. Plus, insights into the European markets.
Bitcoin’s Taproot Upgrade Might Already Be Priced In
The Taproot upgrade has highlighted some investors’ skepticism of the Bitcoin network’s ability to adapt and expand.
Tesla Hints at Restarting Crypto Transactions Again in SEC Filing
In a September quarterly filing with the U.S. Securities and Exchanges Commission (SEC), Tesla hinted it might soon restore support for crypto payments. This comes as the major electric vehicle manufacturer became the fifth company to surpass the $1 trillion market cap. "The Hash" hosts discuss whether this could be a bullish signal for bitcoin and the wider crypto markets.
Could Bitcoin Reach $100K by End of Year?
As the crypto industry anticipates the launch of the third bitcoin futures ETF from VanEck (XBTF), "First Mover" hosts Christine Lee, Emily Parker and Lawrence Lewitinn discuss their crypto markets assessment and outlook.
