Markets
U.S. Elections-Linked Bitcoin Options Draw Nearly $350M in Open Interest
Distribution of open interest shows bullish sentiment, according to Wintermute.
Attention Bitcoin Traders, the Japanese Yen Is Strengthening Again
A similar yen outperformance early this month triggered carry unwind and rocked risk assets, including cryptocurrencies.
Trump's Election Odds Are Not The Dominant Driver of Bitcoin's Price, Data Show
Many crosscurrents influencing prices, such as U.S. monetary policy expectations and supply overhangs, might be responsible for the weak correlation between election odds and BTC prices.
Bitcoin, Ether Held in BlackRock ETFs Cross Those of Grayscale’s for the First Time
Recent flows show GBTC experiencing outflows, while BlackRock's ETHA saw inflows, contributing to this shift.
Bitcoin Drops to $58K After U.S. CPI Print, BTC ETFs Record $81M Outflow
Traders say bitcoin could drop to $55,000 in the near-term, but favorable Fed policies could set the stage for its next leg up.
Bitcoin Price May Turn Lower as Crypto Exchanges See $1B USDT Withdrawal: IntoTheBlock
The previous two occasions when exchanges saw similar USDT outflows earlier this year occurred near local tops in bitcoin's price.
Bitcoin Miner Capitulation and Record High Hashrate Point to Possible Price Bottom: CryptoQuant
Such expansion comes despite a recent drop in bitcoin (BTC) prices, indicating positive sentiment among miners after a bout of selling in the past few months.
Bitcoin More Likely to Fall by $5K Than Rise by Same Amount: Analyst
The BTC market shows signs of seller dominance, FxPro's analyst said.
Hamster Kombat Says It Skipped VC Fund Offers, Bashes 'Exit Liquidity' Behavior
The wildly popular Telegram game has apparently amassed millions of users since its April release.
Bitcoin's Prospects Strengthen as Key Stablecoin Metric Slides to Lowest Level in 18 Months
The dwindling metric points to declining selling pressure in the bitcoin market.
