There are around 18,000 Bitcoin options due to expire on April 5 with a notional value of $1.23 billion. However, today’s expiry event is much smaller than last week’s whopping $15 billion end-of-quarter crypto options expiry. Moreover, markets have been weaker this week, with total capitalization falling 5% as $150 billion left the space. Bitcoin […]
Cathie Wood, founder and CEO of leading investment management firm Ark Invest, thinks Bitcoin (BTC) is an insurance policy against rogue regimes as more users flock to it amid the devaluation of their national currencies. During an interview with CNBC, Wood tagged Bitcoin as a hedge against devaluation and loss of purchasing power and wealth, […]
CrowdSwap has launched the first decentralized crypto exchange-traded fund (ETF) ever, consisting of ten digital assets, including Bitcoin (BTC) and Ether (ETH). According to a press release, the new crypto fund, the Bull Run dETF, offers investors access to a diversified digital asset portfolio while ensuring the processes remain decentralized and secure. The First DeFi […]
It has been over 15 years since Satoshi Nakamoto introduced Bitcoin to the world, and a lot has happened within this timeframe. From being called a pyramid scheme, rat poison (sq), and proclaimed dead hundreds of times, to becoming a trillion-dollar asset with a dozen exchange-traded funds tracking its performance on the world’s largest financial […]
Kerrisdale Capital has argued in a recent report that MicroStrategy’s shares have become overvalued. “We are long Bitcoin and short shares of MicroStrategy, a proxy for Bitcoin which trades at an unjustifiable premium to the digital asset that drives its value,” the company stated. MicroStrategy’s shares witnessed a notable 14% decline on Thursday following the […]
March 29 is an end-of-quarter Bitcoin options expiry event, and it is a big one. There are approximately 135,250 BTC options contracts expiring today. The notional value of today’s big batch of Bitcoin derivatives is a whopping $9.74 billion, making it the largest expiration event so far this year, according to Deribit. Bitcoin Options Expiry […]
Bitcoin’s dominance has increased to 52% on some sources after the asset attempted to surpass the $71,000 level but failed, currently just under $70,000 as of Thursday (March 28th). Altcoins have experienced greater retracement, which is evident by the increasing BTC dominance. As CryptoPotato reported, Ethereum (ETH) and other leading altcoins have retraced significantly, taking […]
Wladimir van der Laan – the former lead maintainer of Bitcoin Core – is mulling a comeback to Bitcoin development after the high-profile industry lawsuit, COPA v. Wright, came to a close earlier this month. In a blog post last Friday, the Bitcoin pioneer expressed relief and disbelief over the prosecutors’ victory, which saw London […]
As per a Bloomberg report, institutional clients of Goldman Sachs’ Asia Pacific division are displaying revitalized interest in Bitcoin, Ether, and other crypto assets. This trend indicates a notable evolution in the investment landscape for traditional financial institutions. According to Max Minton, the head of digital assets at Goldman Asia Pacific, a significant number of […]
TL;DR Robert Kiyosaki advocates for Bitcoin investment, predicting a substantial price increase and suggesting fractional purchases for those who can’t afford to buy a whole BTC. The halving event, among other factors, is identified as a significant catalyst for a potential rally. Why Accumulate More? Robert Kiyosaki – the author of the best-seller “Rich Dad, […]