Bullish Bitcoin traders better positioned for Friday’s $5.5B options expiry

Everyone expects another Bitcoin (BTC) capitulation event, but data suggests that mass buying has already started.In a Twitter thread on June 29, Checkmate, lead on-chain analyst at data firm Glassnode, drew attention to who in Bitcoin is really stacking sats.Shrimp or whale, Bitcoin hodlers are stacking satsBitcoin selling has made the headlines for weeks, and…

Paying with crypto has long been at the center of the discussions of why cryptocurrencies exist and why they are useful.But despite promising growth and excitement during crypto’s bullish phases, payments with crypto still remain a fringe niche at best. Cointelegraph interviewed both merchants and industry leaders to find out why.Who uses crypto today?As a…

The next batch of Cointelegraph’s Top 100 features a U.S. politician, a former social media CEO and the concept of a digital universe. 273 Total views 2 Total shares The Cointelegraph Top 100 list has reached the leading 30 entries, and many notable individuals made it to the top. So far, the list includes many…

Seven-day gains nearing 9% have put BTC price action firmly ahead of every other week so far this year. 221 Total views 3 Total shares Bitcoin (BTC) saw a fresh spike to near $45,000 overnight into March 27 as the weekend looked set to deliver a decisively bullish close. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWeekly…

Crypto lender Dharma has begun supporting the peer-to-peer lending of USDC, The Block reported on May 22.Before now, the San Francisco-based company only supported Dai, a stablecoin backed by ether (ETH) that has been regarded as too risky by some investors due to its design, according to Max Bronstein, the company’s business development manager.As USDC is backed by…

Friday, May 10 — bitcoin (BTC) has seen another rally today, having surged above the $6,300 price mark and hit market dominance records from December 2017, according to data from CoinMarketCap.The major cryptocurrency is seeing the biggest gains out of the top 20 coins by market cap, up 4.4% over the past 24 hours at…

It could be argued that nonfungible tokens, or NFTs, have been a concept since 2012. For instance, the inception of “Colored Coins” in 2012 may have laid the groundwork for NFTs today, as this project demonstrated how the Bitcoin (BTC) blockchain could be used as a transaction mechanism for real-world assets.Fast forward to 2017, a…