Bitcoin Won’t Be Stuck Below $30K for Long, Crypto Options Traders Bet
BTC losing the significant price level after a month is likely just a short-term deviation based on derivatives trading data, SynFutures CEO said.
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BTC losing the significant price level after a month is likely just a short-term deviation based on derivatives trading data, SynFutures CEO said.
The latest price moves in bitcoin (BTC) and crypto markets in context for July 28, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Next week’s U.S. central bank interest rate decision and the bitcoin options expiry are unlikely to move markets, which have been stuck for weeks.
The lending platform is on track to remove some $7 million of MKR governance tokens from the market in a month, according to blockchain data.
The latest price moves in bitcoin (BTC) and crypto markets in context for July 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Some selling pressure may have arisen from a revised U.S. bill that excludes a host of traditional securities from the “digital asset” category, which some say bodes ill for DeFi.
Ripple’s XRP was down 25% from its highest levels on Thursday.
The spike in trading activity came after a partial win in a lawsuit against the SEC.
Trading XRP on Binance.US began Friday.
The latest price moves in bitcoin (BTC) and crypto markets in context for July 14, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.