Tag: btc
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Inactive Bitcoin addresses have hit all-time highs across one, three- and five-year time domains while BTC outflows from exchanges continue.
[ad_1] On-chain data suggests that Bitcoin holders are accumulating BTC with exchange holdings down to yearly lows and the percentage of inactive BTC supply at all-time highs. According to Glassnode’s Bitcoin supply last active chart, inactive BTC that has not moved from an address for more than one-, three- and five-year time frames has been…
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Glassnode Co-Founders Weigh In On Bitcoin (BTC) Path To $30,000
[ad_1] Bitcoin has had an eventful week, gaining by over 5% to trade above the $26,000 price. Even following the release of the US Consumer Price Index, which showed an inflation rise of 0.6%, the premier cryptocurrency remained resilient with little to no price drops. As BTC now hovers around the $26,500 price mark, market…
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Bull Bitcoin Now Allows Costa Ricans To Buy BTC With Country's Primary Payment System
[ad_1] Bitcoin only exchange Bull Bitcoin, has announced that it has expanded its services to enable Costa Ricans and foreigners to buy and sell Bitcoin using SINPE Movil, the country’s primary fiat payment system, in partnership with circular BTC economy project Bitcoin Jungle, according to a press release sent to Bitcoin Magazine. This collaboration not only…
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Whales Accumulate $1.5 Billion Bitcoin (BTC), Savvy Investors Turn to VC Spectra and Bitcoin Cash (BCH)
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage The pivotal court decision regarding Grayscale’s spot Bitcoin (BTC) ETF had a seismic impact on the market. Yet, the market witnessed a substantial Bitcoin drop, which dismayed investors. Meanwhile, both Bitcoin Cash (BCH) and VC Spectra (SPCT) delivered remarkable gains to…
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WisdomTree and Invesco Galaxy Spot Bitcoin (BTC) ETF Applications Delayed by SEC
[ad_1] Judge Neomi Rao, writing for the unanimous court, said the SEC’s denial of the application was inconsistent with the approval of a pair of bitcoin futures ETFs, and did not explain why it viewed these types of products differently given the underlying bitcoin market had a “99.9% correlation” between spot and futures market prices.…
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Singapore Red Cross To Accept BTC, ETH, USDT, And USDC
[ad_1] Cryptocurrency payments have been increasingly widespread in recent years, with their use spreading to nearly every market. A use case of cryptocurrencies that has seen particular growth is in crypto donations and the Singapore Red Cross has now taken the plunge. Singapore Red Cross Taking Crypto Donations The Singapore Red Cross is the latest…
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Rangebound BTC Price Has Crypto Options Traders Shorting Volatility
[ad_1] “The implied price-moving range of the current 7-day average IV is about 4% for BTC. Still, the realized daily price moving range is less than 1%, or even less than 0.5%, which means that selling volatility will have relatively good returns, although the current IVs are also at historically low levels,” Ardern told CoinDesk.…
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Bitcoin (BTC) ETF Approval Odds Raised to 65% From 50% by Bloomberg Analysts
[ad_1] Several major institutions, among them BlackRock, Fidelity, WisdomTree and Valkyrie, have in recent months filed applications for a spot bitcoin ETF to make investing in bitcoin more accessible. While the Securities and Exchange Commission (SEC) has in the past rejected such applications, many experts say there is a good chance that at least some…
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Bitcoin BTC Price Hovers Over $30.2K After Expected Correction. Retail Investor Enthusiasm ‘Likely to Increase’: Analyst
[ad_1] “Looking ahead, with no major scheduled events or economic data releases this week, we anticipate that price action in the market will be influenced by open interest levels, reflecting trader sentiment, and trending topics such as memes and artificial intelligence,” Johnny Teng, Senior Researcher at LBank Labs, said in a note. “As retail traders…
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BlackRock Bitcoin $BTC ETF Application Refiled, Naming Coinbase $COIN as ‘Surveillance-Sharing’ Partner
[ad_1] Several other pending applications, including one on behalf of BlackRock’s money-management rival, Fidelity, have since been updated to name Coinbase as the partner for the surveillance-sharing agreements. The sponsor of a bitcoin trust must enter a surveillance-sharing agreement with a regulated market of significant size to secure a go-ahead from regulators, based on a…
