BTC price settles at $69K after dip wipes $1.3B Bitcoin open interest

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Combined spot and derivatives volumes on centralized crypto exchanges fell 21.8% in June as crypto exchanges continued to tussle for market share.

Seasoned Bitcoin (BTC) investors know that the crypto market trades in cycles, and now that BTC price has surpassed its previous all-time high, a full-on bull cycle is underway. Crypto market data daily view. Source: Coin360As this new cycle gathers steam, the mainstream media are all abuzz with articles about Bitcoin and everyone from world-renowned investment…

Bittrex International, Malta-based international unit of United States’ crypto exchange Bittrex, will cease operations in Venezuela and 30 other countries.No clear reason for the actionIn an email to Venezuelan customers, Bittrex International announced that the exchange will halt account and trading access to users on Oct. 29, asking them to withdraw their funds with the…

The block reward halving of Bitcoin (BTC) has long been touted as an optimistic factor to drive the short-term price trend of BTC in the first half of 2020. Historical data, however, shows that the halving does not necessarily coincide with an immediate upsurge in the price of Bitcoin.On the Bitcoin network, miners create blocks…

Bitcoin exposure has been added to the end of “Other Securities and Investment Strategies” sections for a dozen investment funds. 1241 Total views 15 Total shares United States investment bank Morgan Stanley has updated the prospectus of several institutional funds to reflect potential exposure to Bitcoin (BTC) through Grayscale and cash-settled futures, highlighting once again…

Crypto users are getting excited over the prospect of automating their trades with future-facing technologies built with the GPT-4 API. 778 Total views 2 Total shares Own this piece of history Collect this article as an NFTA recent spate of applications built on OpenAI’s GPT-4 API has the crypto community buzzing with designs toward the…

Binance makes another major strategic move in one of the world’s biggest cryptocurrency miner regions. 86 Total views 28 Total shares Binance, the world’s largest cryptocurrency exchange, is putting more effort into increasing compliance in the Commonwealth of Independent States (CIS), Russia and Ukraine.Binance is planning to extend its operations in the region and boost…