Bitcoin Call Skew Hints at Further Price Rise as Spot ETF Optimism Energizes BTC
The one-month call-put skew has risen above 10%, indicating a strongest bullish bias in 31 months.
Bitcoin
Bitcoin Tops $37K for First Time Since May 2022 as Short Squeeze Bumps Prices Amid BTC ETF Optimism
Over $62 million in bitcoin shorts were liquidated in the past 24 hours, contributing to higher prices.
ARK Snaps Up $9.5M HOOD Shares Day After Robinhood Announces European Expansion
The fund continues to sell GBTC as shares have rallied 235% this year, outperforming bitcoin and traditional risk assets.
Bitcoin Breakout Toward $45K ‘Imminent’ Says Matrixport
Polygon’s MATIC and Chainlink’s LINK led altcoin gains Wednesday afternoon.
Bitcoin Pushes Towards $36K Ahead of Last Approval Period For Spot ETFs This Year
The Securities and Exchange Commission (SEC) has one last short window, an eight-day period starting Thursday, if it wants to approve all 12 spot bitcoin (BTC) ETF applications this year, Bloomberg analysts wrote in a note on Wednesday.
Investment Advisor Two Prime Sees $2B in Demand for Bitcoin-Backed Loans
“We have seen about $2 billion in demand for bitcoin-secured loans since we started offering them in September, ” Two Prime’s Alexander Blume said.
XRP, LINK, DOGE Lead Altcoin Gains as Bitcoin Sits at $35K
Altcoins posted gains of 5%-10% on Monday while bitcoin (BTC) treaded water near $35,000 as investors ventured into riskier tokens as calls for an altcoin season emerge.
Cathie Wood Likes Bitcoin as Both Deflationary and Inflationary Hedge
that there is no counterparty risk in bitcoin when it is decentralized and everything is visible on the network.
Microsoft Listing Fake Ledger App Leads to $590K of Bitcoin Stolen by Hackers
Hackers managed to steal 16.8 bitcoin [BTC] over the weekend after a fake Ledger Live app was posted on the Microsoft app store.
First Mover Americas: FTX Wants to Sell Its GBTC
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.