Trading
Bitcoin's Price Bump to $30K Sees Short Traders Nurse Biggest Loss in 2 Months
“Bitcoin’s rally is part of a larger trend signaling a shift towards bitcoin as a distinctly strong and established store of value,” one investor said.
Bitcoin Holdings in One Coinbase Custody Wallet Jumped by 2.5K After BlackRock ETF Filing
The wallet previously held over 5,000 bitcoin that were deposited May 19-20, the data show.
Why Short Sellers May Have a Hard Time Betting Against Tether
Crypto’s most controversial financial instrument enjoys some notable insulation from skeptical bets.
Crypto Robo-Adviser Hedgehog Launches as App With Gemini as Custodian
Parent company Hedgehog Technologies raised $1.6 million in August 2021 to build the platform.
Bitcoin Price Spikes to $138K on Binance.US
The exchange’s market depth has declined nearly 80% over the past month on regulatory woes.
Cardano, Ether Surge as Bitcoin-Led Rally Sees Short Traders Lose $125M
Crypto market capitalization rose 5% likely as sentiment rose on the back of two institutional bitcoin plays in the past week.
Bitcoin’s Rally to $28K Spurred by Largest Short Squeeze This Month
The price surge liquidated some $36.6 million of short positions in the past 24 hours, the most this month, CoinGlass data shows.
GBTC Share Price Soars, Discount Narrows to Multi-Month Low on BlackRock ETF Filing Optimism
Investors turned optimistic about Grayscale allowing redemptions in the future after BlackRock’s filing for spot bitcoin ETF last week, one analyst said.
Japan’s Crypto Exchanges Push for 10 Times Leverage on Margin Trading: Bloomberg
The push for revised margin trading caps aims to attract diverse traders, including institutional investors, while enhancing market liquidity.
GBTC Discount Narrows After BlackRock’s Filing for Spot Bitcoin ETF
Fund manager Grayscale is currently in a legal standoff with the SEC after the agency denied an application to convert the Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund.
