There’s no way to sugarcoat what happened in the cryptocurrency markets since Friday evening. Bitcoin’s price, for example, took one of its most painful nosedives in recent history, dumping from over $122,000 to $105,000 on some exchanges and even to as low as $101,000 on others. The altcoins were obliterated as well, with massive double-digit […]
Around 39,000 Bitcoin options contracts will expire on Friday, October 10, and they have a notional value of roughly $4.3 billion. This expiry event is a little larger than last week’s, but there is unlikely to be any impact on spot markets, which have been mostly sideways for the past few days. The US government […]
“Bitcoin’s weekly Bollinger Bands recently hit record tightness,” reported chartered market technician Tony Severino on Wednesday. For now, the cryptocurrency has failed to break out above the upper band with strength, despite reaching an all-time high of $126,000 earlier this week. According to past local consolidation ranges, “it could take as long as a hundred […]
Grayscale Investments announced an industry first on Monday by enabling staking for two of its Ethereum ETFs, the Grayscale Ethereum Trust ETF (ETHE) and Grayscale Ethereum Mini Trust ETF (ETH), making them the first US-listed spot crypto exchange-traded product to offer this feature. The company has also activated staking for its Grayscale Solana Trust (GSOL), […]
After nearly two months of extended consolidation period, in which BTC even dipped below $110K on several occasions, the asset has gone on a tear in the past week and just broke its August all-time high. The cryptocurrency rocketed to just under $126K on Binance during the early trading hours of Sunday. Recall that bitcoin went […]
BNB has skyrocketed 6.5% on the day to hit an all-time high of $1,112 during the Friday morning Asian trading session. The Binance-associated token has made almost 30% over the past month and is the top-performing crypto asset in the top 50 at the time of writing. The massive move has pushed BNB market capitalization to $152 […]
The United States government has shut down due to a failure to pass funding legislation, affecting many federal services and furloughing non-essential workers; however, essential services will continue. Crypto markets appear to have taken this in their stride with very little movement in most digital assets over the past few hours. Total capitalization is holding on […]
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