$1.35B in Bitcoin options expire this week — Do BTC bulls or bears have the upper hand?
This week’s Bitcoin options expiry sits at $1.35 billion, but what is the expected impact on BTC price?
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Crypto industry got more funding in Q1 2021 than all of last year: report
Three companies in the crypto and blockchain industry have already raised $1.1 billion this year. 1483 Total views 17 Total shares Cryptocurrency and blockchain-related companies have already received more funding this year than in all of 2020, according to a new report.In the first quarter of 2021, 129 startups focusing on crypto and blockchain technology…
Bank of Canada Study Finds 58% of Canadians Own BTC for Investment Purposes
Canadian citizens used Bitcoin (BTC) mainly for investment purposes in 2017, according to a study by the Bank of Canada (BoC) published July 23. The study is an update to the results of the Bitcoin Omnibus Survey (BTCOS) conducted by Canada’s central bank within a short period between December 12 to 15, 2017, a few…
Is Solana a ‘buy’ with SOL price at 10-month lows and down 85% from its peak?
Solana's (SOL) price dropped on June 3, bringing its net paper losses down to 85% seven months after topping out above $260.SOL price fell by more than 6.5% intraday to $35.68, after failing to rebound with conviction from 10-month lows. Now sitting on a historically significant support level, the SOL/USD pair could see an upside…
Fighting the crypto winter and token protocol inflation in 2022
There is an old saying, “cash is king,” but if it is sitting in a bank account or, in the case of crypto — a wallet, it diminishes daily due to inflation. This is especially the case now as inflation in the United States breaks its 40-year record. While the dollar-cost-averaging (DCA) strategy allows an…
CME Bitcoin futures see record discount amid ‘very bearish sentiment’
Bitcoin (BTC) futures are starting to see record discounts as sentiment among derivatives traders worsens. In its latest dedicated report issued Aug. 23, analysis firm Arcane Research painted a worrying picture of morale among BTC futures participants.Futures basis revisits June lowsAfter an initial shock during June’s BTC price drop, which has since held as a macro…
SEC Rejects 9 Bitcoin ETF Applications from ProShares, Direxion and GraniteShares
The U.S. Securities and Exchange Commission (SEC) has rejected a total of nine applications to list and trade various Bitcoin (BTC) exchange-traded funds (ETFs) from three different applicants, according to a three separate orders published by the SEC today, August 22. The disapprovals come one day ahead of the anticipated deadline, August 23, stipulated for…
Law Decoded: Bitcoin’s censorship resistance capacity enters the spotlight, Feb. 14–21
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Top-5 Cryptos This Week: ATOM, XTZ, LINK, BCH, NEO
Tom Jessop, the president of Fidelity Digital Assets, said that the absence of a long track record is one of the main reasons that is keeping the institutional investors at bay from investing in cryptocurrencies. As the asset class is only 10 years old, Jessop said that the institutions question the durability and longevity and are…