A report by K33 research analysts has provided insight into how much institutional investors’ appetite for Bitcoin has increased ahead of a potential approval of a Spot BTC ETF. The research firm emphasized a particular indicator to drive home their point and provided further insight into what the future holds if these ETFs get approved. The Derivatives Market: An Indicator Of Institutional Interest In Bitcoin In the report written by K33’s Senior Analyst Vetle Lunde and Head of Research Anders Helseth, they noted that the derivatives market was important as…
Tag: Investors
Coq Inu selling off as investors explore meme coin alternative to sustain PEPE and BONK hype
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Avalanche-based meme coin surges by over 115% in a day NuggetRush is a new meme coin that offers NFT staking, P2E blockchain gaming, and community-driven innovation. Bonk Inu is up by over 100% after listing on Coinbase. PepeCoin aims to capitalize on the success of other meme coins like Shiba Inu and Dogecoin. Coq Inu (COQ), a meme coin on the Avalanche blockchain, recently surged by over 115% in…
Investors Flock to Stacks (STX) As It Gains 10% Against The Bears
Although the market is experiencing an enormous pullback from its month-long rally, a few outliers continue on their upward march. Stacks (STX) is one of the few altcoins that stemmed the bearish tide and even went against the grain of the market. According to Coingecko, the token is up nearly 21% in the weekly timeframe. However, STX is starting to feel the pressure. As of writing, the token is already down 3% in the past hour. This brings the question of whether STX bulls can continue the rally or will…
AI altcoin wins investors’ hearts as SEC’s Bitcoin ETF talks are in final stages
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. SEC’s decision on Bitcoin ETFs looms as InQubeta’s AI cryptocurrency gains traction in the market. The crypto sector has been on tenterhooks over the prospects of spotting Bitcoin exchange-traded funds. After multiple companies, including ARK Investments and BlackRock, showed interest in rolling out Bitcoin ETFs, the ball is now in the US Securities Exchange Commission’s (SEC) court. All eyes are on the SEC after ARK claimed that its talks…
This defi project may reshape crypto, investors circling
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As the year comes to a close, investors have been exploring potent projects. Apart from Ethereum (ETH) and XRP, investors have been exploring BorroeFinance (ROE). BorroeFinance to resolve liquidity problems One of the disadvantages of building in a new industry is skepticism from investors. Wall Street and traditional financial institutions hardly fund new projects due to the volatile nature of the cryptocurrency industry. As a result, blockchain developers created…
Fed pause is a ‘green light’ for investors; here’s what it means for crypto
A decision from the United States Fed to pause and possibly lower interest rates next year will likely serve as a “positive boost” for cryptocurrencies and crypto stocks. In a Dec. 13 interview with Bloomberg, Blackrock fund manager Jeffrey Rosenberg described the Fed’s rate pause — and its hint at rate cuts next year — as a “green light” for investors, with the S&P 500 rallying 1.37% on the decision. “This bullish sentiment can go on for a while, at least until we get a new round of economic data,…
investors scouting for next cryptocurrency sensation
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. On Dec. 1, 2023, a 300 million Dogecoin (DOGE) transfer to Robinhood caught the attention of crypto enthusiasts. Executed by an unknown wallet, analysts speculate the whale may be assessing their DOGE holdings. Since Dec. 1, 2023, Bitcoin (BTC) has surged, surpassing $44,000, signaling a potential start of a bullish trend. Powered by factors such as dropping interest rates and hype over a possible Bitcoin ETF in the US,…
Ethereum rising and ETH/BTC outperforms Bitcoin, investors turn to ERC-20 tokens
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ethereum (ETH) has seen a welcome price bounce over the past week, finally outperforming Bitcoin (BTC) in the ETH/BTC pair after weeks of under-performance. This renewed strength seems driven by positive fundamentals and a broader resurgence in the altcoin market. As such, some investors are now exploring ERC-20 tokens as they diversify. Ethereum overtakes Bitcoin The ETH/BTC pair measures the value of Ethereum denominated in Bitcoin rather than a…
New ETF Proposal Linked to MicroStrategy Stocks Aims for Monthly Payouts to Investors
The fund would use investor capital to buy call options on MSTR while simultaneously selling put options. The premiums collected from these transactions would then be distributed to shareholders as monthly yields. An investment firm YieldMax directed a request to the Securities and Exchange Commission (SEC) seeking regulatory approval for an exchange-traded fund (ETF) that offers monthly income tied to MicroStrategy derivatives. If granted the green light, the ETF is scheduled to launch in 2024 under the name Option Income Strategy ETF, with the ticker symbol MSTY. YieldMax, the company…
El Salvador Launches $1M Freedom Visa Program, Seeking BTC and USDT Investors
Critics argue that the substantial $1 million requirement makes citizenship unattainable for many investors. Comparable citizenship-by-investment programs in the Caribbean start at around $100,000. The government of El Salvador has introduced an innovative yet controversial program that offers residency and a pathway to full citizenship in exchange for a substantial investment in cryptocurrency. Tagged El Salvador’s “Freedom Visa”, the program requires participants to invest $1 million in either Bitcoin (BTC) or Tether (USDT). This program has been promoted by the administration of President Nayib Bukele as a way to encourage…