Deribit’s bitcoin volatility index jumps to its highest since late July. Implied volatility in EUR/USD and U.S. Treasury notes surges to at least one-year highs. Markets price a significant risk premium around the impending U.S. elections. An options-based measure of expected price swings in bitcoin (BTC) has hit a three-month high amid indications from betting […]
Category: Crypto news
ETFs Amass Over a Million BTC: What This Means for Future Market Stability
ETFs focused on Bitcoin have acquired over one million BTC in under a year, highlighting significant institutional interest and participation. Many institutional investors are purchasing Bitcoin at high prices, averaging between $65,000 to $73,000, indicating a long-term investment strategy rather than short-term speculation. Analysts speculate whether these large institutional investments could signal a market top, […]
Bitcoin Technical Analysis—BTC Struggles Near $68K as Mixed Signals Emerge
Bitcoin’s price currently holds steady coasting between $67,945 to $68,149 in the last hour as sellers maintain their grip, with technical indicators and moving averages showing mixed signals for traders. Bitcoin On the daily chart, bitcoin (BTC) has experienced a pullback after reaching a peak around $73,600, now settling close to $68,149. Recent daily candles […]
Meme coin hunter nets $1.7 million in two days
Meme coin hunter nets $1.7 million in two days Paul L. Cryptocurrency Nov 3, 2024 Share A meme cryptocurrency hunter has finally landed a windfall after placing a bet on various tokens that earned them millionaire status in two days. In this case, the investor, who has tried his luck with several tokens, saw his […]
Bitcoin Interest Rebounds After Price Uptick—What Google Trends Metrics Show
According to recent data from Google Trends, interest in the search term “bitcoin” has nudged upward, showing a modest rise after hitting notably low points over both the five-year and 90-day views. Bitcoin Interest Makes a Comeback Interest in the search term “bitcoin” has picked up since the recent price uptick, with a notable rise […]
Expert warns Bitcoin ‘will witness the biggest crash in years’ after bull trap
Expert warns Bitcoin ‘will witness the biggest crash in years’ after bull trap Paul L. Cryptocurrency Nov 3, 2024 Share A cryptocurrency trading expert is warning that Bitcoin (BTC) might be preparing for a major crash following a deceptive rally in which the asset failed to reclaim its previous record high. This outlook comes as […]
Cantor Fitzgerald CEO with $13.2 Billion Wealth Reveals How Much Bitcoin He Owns
Howard Lutnick, CEO of Cantor Fitzgerald, one of the world’s leading investment companies with an estimated fortune of $13.2 billion, attracted attention with his assertive stance on Bitcoin. Speaking candidly in a recent interview, Lutnick outlined the depth of his personal and institutional investments in BTC, revealing a significant amount of investment and an ambitious […]
Trader turns $44,800 into $1.4 million with Peanut (Pnut) the squirrel
Trader turns $44,800 into $1.4 million with Peanut (Pnut) the squirrel Vinicius Barbosa Cryptocurrency Nov 3, 2024 Share The internet stopped this weekend with the story of Peanut, the squirrel, seized and killed by the New York City. As commotion took over, memecoin traders jumped into the trend with the Solana-based token Peanut the Squirrel […]
Bitcoin (BTC) Price Prediction for November 3
Most coins are facing a correction today, according to CoinStats. BTC/USD The rate of Bitcoin (BTC) has declined by 1.6% since yesterday. Over the last week, the price has risen by 2.04%. On the hourly chart, the price of BTC remains under bears’ pressure as it is closer to the support than to the resistance. […]
Bitcoin ETF Flows Are ‘Massive Red Flag,’ Analyst Says
Jim Bianco of Bianco Research has poured cold water on the success of Bitcoin exchange-traded funds, arguing that the massive concentration of the largest cryptocurrency in traditional finance is not “something to be celebrated.” In fact, according to Bianco, this should be treated as a major red flag. According to the analyst, the price of […]