It’s BITO vs. GBTC vs. BTC as Bitcoin ETF Wars Heat Up
Grayscale reiterated its confidence that a “spot ETF” will eventually win approval, even as some analysts argue that market signals suggest otherwise.
Investment Firm Republic Raises $150M in Series B Funding Round
Republic, an investment firm that includes a crypto arm, announced Tuesday a $150 million Series B funding round led by Valor Equity Partners. Republic’s Head of Crypto and Tokenization Andrew Durgee discusses the raise, crypto markets outlook, and memecoins.
Bitcoin Dips Below $59K as Leverage Ratio, SHIB Rally Signal Excess Speculation
SHIB’s parabolic run has again coincided with a pullback in bitcoin’s price.
Bitcoin Holds Support, Bounces to $61.4K
A potential technical breakdown would expose a support level near $54,000.
Brazilian Ride-Hailing Giant 99 to Enable Bitcoin Trading
Users of the 99Pay digital wallet will be able to sell and buy bitcoin commission-free starting next week.
Market Wrap: Long-Term Bitcoin Holders Trim Positions as Rally Stalls
Still, blockchain data show bitcoin holder positioning is consistent with the early stage of a bull market, one firm says.
CME Leveraged Funds Raise Bets Against Bitcoin to Record High as Futures Premium Spikes
Earlier this month, analysts had warned of renewed interest in cash and carry arbitrage.
CME Leveraged Funds Raise Bets Against Bitcoin to Record High as Futures Premium Spikes
Leveraged funds on the Chicago Mercantile Exchange (CME) raised their bets against bitcoin, rising to a record high in the week ended Oct. 19, possibly to profit from the widening gap between futures and spot markets prices. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Bank of Spain Opens Registry for Crypto Service Providers
The Bank of Spain has issued instructions on registering with the central bank to offer crypto-related services in the country. Head of Market Insights at Genesis Global Trading Noelle Acheson discusses the significance of the move, outlook for bitcoin following the launch of three U.S. bitcoin futures ETFs, and institutional interest in crypto. Plus, insights into the European markets.
