Those making the bitcoin options market on crypto exchange Deribit currently appear to have a significant positive “gamma” exposure at the $90,000 and $100,000 strike options. In simple terms, it means traders/investors have sold options at these levels, leaving market makers, who are always on the opposite side, with a large chunk of long positions. Original
Category: Bitcoin News
Here’s what it means for Bitcoin
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Donald Trump’s 2024 proposals could reshape the crypto landscape, meanwhile CYBRO’s $4m presale offers investors a unique opportunity with 1200% ROI potential. Donald Trump’s latest proposals for his 2024 presidential campaign hint at sweeping changes in the cryptocurrency landscape. His vision could dramatically affect Bitcoin and alter the future of digital finance. This article delves into what these potential shifts might mean for investors, the crypto market, and the…
Mexico’s Third-Largest Billionaire Raves About Bitcoin Price Hike: ‘Told You So’
Mexico’s third-largest billionaire is celebrating the momentum that bitcoin and the entire cryptocurrency market are experiencing following President-Elect Donald Trump’s victory in the recent elections. Ricardo Salinas Pliego, owner of companies such as Grupo Elektra, Banco Azteca, and TV Azteca, took to social media to celebrate the bitcoin price hike, offering further advice to his […] Original
Bitcoin DeFi is perfect for crypto adoption
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. With Bitcoin (BTC) recently smashing through its long-held $70,000 ceiling after four and a half months, it is fast becoming evident that the digital asset market is in the wake of another major transformation (as well as another bull run). Amid these developments, Bitcoin DeFi—also known as BTCFi—has emerged as a technological frontier connecting traditional finance entities with the crypto ecosystem, paving the way for mainstream adoption. …
Where the Demand Comes From as the Bitcoin (BTC) Price Breaks Tops $82K: Van Straten
Zooming out over the past three years, it’s apparent that when Coinbase CVD spikes, it tends to be near local highs and lows. In March, one of the highest CVD levels occurred as bitcoin broke its then-record high above $73,000. There were also high levels near cycle lows around the Luna and FTX collapse in 2022, which shows smart money buying near the bottom and others buying near the top. Original
PayPal-backed Mesh teams up with Reown to verify Bitcoin wallets for Travel Rule
Connectivity layer Mesh has entered into a partnership with Reown for wallet ownership verification, beginning with the Bitcoin ecosystem. Mesh, a U.S. fintech whose investors include PayPal Ventures, has joined forces with Reown (formerly WalletConnect) to launch wallet ownership verification for UTXO-based assets, beginning with Bitcoin (BTC). In a Nov. 11 press release, Mesh said the wallet ownership feature enhances functionality and addresses the “need to comply with the European Banking Authority’s Travel Rule Guidelines,” which are set to take effect on Dec. 30. “Compliance with the Travel Rule can…
Nansen Expands to Bitcoin Layer 2, Will Provide Analytics for Bitlayer
Nansen, which allows users to see what’s happening in blockchain networks in real time, aims to pave the way for more efficient decision-making in Bitcoin layer 2s empowered by the insights its data and analytics provide, according to an emailed announcement on Monday. Original
Bitcoin Surges Past $82,000, Setting New All-Time High
Bitcoin has crossed the $82,000 mark, setting a new all-time high and capturing the attention of investors and analysts alike. Surpassing its previous peak above the $81K range, this milestone highlights bitcoin’s enduring appeal amid renewed interest in digital assets. Bitcoin Skyrockets to $82,000 Current bitcoin (BTC) market indicators continue to signal strength, with the […] Original
Bitcoin’s rally to $80k not driven by retail FOMO, Gemini’s Winklevoss says
As Bitcoin reached a new all-time high, Gemini co-founder Cameron Winklevoss suggested the real rally is yet to come. Bitcoin (BTC) has still room to grow as the recent spike to a new all-time high was not driven by retail fear of missing out, Gemini‘s co-founder Cameron Winklevoss speculates. The road to $80k bitcoin was paved with steady ETF demand. Not retail FOMO. Little fanfare. People buy ETFs, they don’t sell them. This is sticky HODL-like capital. Floor keeps rising. Where are we in the cycle? We just won the…
Bitcoin hits new ATH surpassing $1.6T market cap
Bitcoin has been hitting new all-time highs over the past week as the crypto market recorded strong bullish sentiment after GOP candidate Donald Trump won the U.S. presidential elections. Bitcoin (BTC) gained 18% over the past week and is up 3% in the past 24 hours. The leading cryptocurrency reached an ATH of $81,858 earlier today — currently trading at $81,000 following a mild correction. BTC price | Source: crypto.news Thanks to the consistent gains, the BTC market cap surpassed the $1.6 trillion mark. Its daily trading volume also doubled,…