Bitcoin trader flags key levels as BTC price attacks $64K liquidity

Ether (ETH) options contracts open interest have grown five-fold in the past three months to currently sit at $452 million.The $112 million set to expire this Friday could have a considerable market impact, although that will depend on the balance between bullish and bearish strategies.Ether options total open interest. Source: SkewThe above chart shows just…

China is not launching a war on cash by introducing its own digital currency, a senior official from the central bank has said. As Reuters reported on Nov. 12 quoting Mu Changchun, head of the digital currency research institute at the People’s Bank of China (PBoC), Beijing still intends for the new currency to complement the…

Samson Mow, former chief strategy officer at Blockstream, is convinced that DeFi protocols can’t compete with Bitcoin as monetary networks due to their lack of decentralization. 297 Total views 30 Total shares Samson Mow, former chief strategy officer at Blokstream and founder of JAN3, is convinced that most decentralized finance protocols can’t compete with Bitcoin…

From bartering to blockchain, the world of money – and the way we transfer it – has never stood still. Indeed, even the assets we prize have changed. Although it might be nice to have some vegetables in your fridge, using it as a form of currency has probably never crossed your mind.It’s easy to…

Bitcoin (BTC) will “most likely” see a serious price drawdown before a key date for institutional investors dawns, says gold bug Peter Schiff.In recent X activity, the longtime Bitcoin skeptic sounded the alarm over recent BTC price gains.Schiff bets on a BTC price "crash" before ETF launchesBitcoin is a favoirte topic of criticism for Peter

The move is part of a phased termination of BUSD support by February 2024. 526 Total views 10 Total shares Crypto exchange Binance will cease borrowing and lending services for its native stablecoin Binance USD (BUSD) by October 25.According to the October 3 announcement, the exchange will close all outstanding BUSD loan and collateral positions

Aon — a leading insurance broker that purports to occupy 50% of the crypto-insurance market — will reportedly provide crypto custody solutions provider Metaco with crime insurance coverage via a panel of London insurers. The news was revealed in a Metaco press release published by fintech news outlet Finextra on June 11.Lausanne-based Metaco is part-owned…

While many analysts believe Bitcoin is destined for six-figures if support at $40,000 can hold up, others are predicting an imminent bear cycle. 575 Total views 9 Total shares The price of Bitcoin has slumped below $40,000 for the first time in six weeks.The slide took place near the close of the day on Sept.…

The crypto industry is controlled by a “powerful cartel of wealthy figures” according to Jackson Palmer. The co-founder of the memecoin DOGE, Jackson Palmer, has slammed the entire crypto industry and its investors in a vitriol-laden Twitter thread on Wednesday.Palmer, who created the wildly popular coin as a joke in 2013, unleashed his tirade in…