Category: United States Bitcoin news

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Countdown To Bitcoin ETF 2024 Decision: Traders Employ Hedging Tactics, Bloomberg Unveils

December 23, 2023

As the long-awaited deadline for a positive or negative decision on spot Bitcoin ETF applications approaches, Bloomberg reports that the BTC options market is seeing increased hedging activity as traders prepare for a crucial decision on January 10th. The report indicates a surge in open interest for put options expiring on Jan. 12, suggesting that…
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Bitcoin Sees Influx Of Over $1.5 Billion In 2023: Price Surge Aims For $43,000

November 28, 2023

Amidst the regulatory scrutiny and enforcement actions faced by the cryptocurrency industry, Bitcoin (BTC), the leading cryptocurrency by trading volume, has remained resilient and maintained its consolidation level between $36,000 and $37,000. It reached a new record for the year, surging to a new yearly high of $38,390 on Friday. $312 Million Inflows Amid Spot-Based…
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