Bitcoin to $100K: What will milestone mean for derivatives markets?
Bitcoin analysts and traders have long dreamed of a $100,000 BTC price, but what would the achievement mean for derivatives markets? Go to Source
ETF
Auto Added by WPeMatico
Bitcoin Surges To $93K As New Addresses And Institutional Investments Hit Record Highs
Bitcoin has reached a new all-time high of $93,000, rising by 30% since the U.S. election. Yesterday saw a surge in new Bitcoin addresses, spiking to 442,000—the highest daily number since March—indicating heightened interest and new entries into the market. https://twitter.com/intotheblock/status/1856718084226064675?t=CK78-rLU02I7PqktRiMa4g&s=19 Despite this rally, metrics such as the MVRV ratio suggest Bitcoin is not yet … Read more
Bitcoin price metrics forecast rally to $100K and above — Here’s why
Data suggests Bitcoin’s all-time high rally to $93,400 is far from over. Go to Source
Ethereum ETF total flows flip net positive after runner-up inflow day for BlackRock
Almost $650 million has entered Ether ETFs over the past five trading days as the assets surged more than 30%. Go to Source
Bitcoin Surges Past $77K Amid Election Victory And Rate Cut, Eyeing Six-Figure Valuation
Bitcoin is experiencing a powerful rally, recently reaching $77,000 following a 10% surge in the hours around former President Trump’s election victory and another bump after the Federal Open Market Committee (FOMC) announced a rate cut. This one-two punch of political and economic news has bolstered optimism for six-figure price targets in Bitcoin’s near future. … Read more
Bitcoin Market Braces For Volatility Surge Amid Record ETF Outflows And Wallet Shifts
The Bitcoin options market is witnessing record volatility levels, reaching the highest point since April, according to Glassnode. This spike suggests that traders are bracing for potential major price swings, reflecting an atmosphere of intense anticipation and uncertainty as Bitcoin navigates turbulent market conditions. BTC options market volatility has hit record highs, the fiercest since … Read more
US Bitcoin ETFs notch second-largest daily outflow on eve of election
The 11 US spot Bitcoin ETFs recorded a net outflow of $541.1 million for Nov. 4, their second-largest outflow day in history. Go to Source
Crypto funds see $2.2B inflows amid US election hype — CoinShares
The latest inflows mark four weeks of consecutive buying in cryptocurrency products, totaling more than $5.7 billion, or 19% of all such inflows YTD. Go to Source
Another XRP ETF Filing Lands at the SEC as Interest in Crypto ETFs Heats Up
With a new XRP ETF application from 21shares, pressure mounts on the SEC as investors eye access to XRP exposure amid ongoing regulatory battles. Another XRP ETF Filing Drops, Turning Up Pressure on the SEC 21shares, an asset management firm specializing in digital assets, filed a registration statement for the “21shares Core XRP Trust” with … Read more
21shares files Form S-1 with SEC for spot XRP ETF
The asset manager became the third firm to apply for listing and trading shares of a spot XRP ETF, following Canary Capital and Bitwise. Go to Source
