Bitcoin Surges to All-Time Highs in Turkey and Nigeria
Massive inflation and sliding purchasing power of national fiat currencies has likely boosted demand for bitcoin.
Bitcoin
Bitcoin and Ether Options Activity Soars to Historic Highs of $20B Amid ETF Hype
Deribit options open interest (Laevitas)
Bitcoin Primed for ‘Supply Shock’ as Exchange Balance Drops to 5-Year Low, Analyst Says
A spot ETF approval could fundamentally alter bitcoin’s supply and demand dynamics as professional investors would allocate to BTC as an uncorrelated asset, Forex.com’s Matt Weller told CoinDesk TV.
First Mover Americas: Deutsche Bank Trials a SWIFT Alternative for Stablecoins
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 25, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin’s Recent Outperformance Fueled by Institutional Demand, JPMorgan Says
There has been a significant bitcoin inflow into larger wallets, which suggests institutional investor demand, the report said.
Bitcoin to Score ‘Golden Cross’ After 30% Price Surge in 2 Weeks
The bullish pattern comes months ahead of bitcoin’s fourth mining reward halving.
Grayscale Bitcoin Trust Outshines Nvidia With 220% Gain This Year
“GBTC is the gift that keeps giving,” one observer said.
Bitcoin Retreats From $35K; Miner Selling Pressure May Cap Prices, Crypto Hedge Fund Says
BTC could run towards $40,000-$45,000 after consolidating around current prices, Capriole Investments said.
All of a Sudden, It’s All About Bitcoin
There’s a lot of activity happening in Bitcoin tech development – with innovations that might help the original and oldest blockchain to catch up with the boom of projects building in the Ethereum ecosystem.