Bitcoin futures interest tapped an all-time high in US dollar terms on Monday, reaching over 500,000 BTC worth $36.3 billion. Analysts say the overwhelming surge in open interest relates to a clever arbitrage play levied by institutional traders between Bitcoin’s futures and spot markets. The Cash And Carry Trade In a Tuesday newsletter, lead Glassnode analyst James Check theorized that leveraged funds are simultaneously shorting Bitcoin on the CME while buying up coins in...
Read More »Assemblée générale ordinaire de l’association Bitcoin Lille
L’association Bitcoin Lille tiendra son assemblée générale le mercredi 12 juin à 19h à la maison des associations de Lille (27 rue Jean Bart). Ordre du jour Élection du président de séance Présentation des bilans Vote Démission du bureau et des membres du CA Présentation des nouveaux membres du bureau et du CA Vote Présentation membre d’honneur Vote Clôture L’entrée est...
Read More »BTC Bears Set Sights on $60K But Fundamentals Remain Promising (Bitcoin Price Analysis)
Bitcoin’s price has failed to keep up its upward momentum and has yet to set a new record high above the $75K level. Given the current price action, even a deeper correction is probable. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price dropped below the $68K support level a few days ago. It has dropped back inside the large descending channel, making its recent breakout fake. The $60K support level seems like a valid target for the upcoming...
Read More »Crypto Whales Buy Shiba Inu (SHIB), Solana (SOL), and RCOF, As Bitcoin Price Bleeds
The US Department of Labor dropped quite the bombshell on the crypto-verse on Friday, as the updated non-farm jobs for May caused a massive sell-off on most crypto projects. The influential Bitcoin was included in the decline phase, and crypto whales are off to other projects for their profits this summer. Solana’s (SOL) price is trading at losses on the weekly timeframe despite a spike in DeFi activity on the blockchain. On the other hand, Shiba Inu (SHIB) is attracting whales, as bulls...
Read More »Solana ETFs May Materialize in the US, Based On How the Election Goes
With BTC ETFs receiving approval in January and ETH ETFs on the verge of receiving the green light from the US SEC, many are speculating about other altcoin ETFs, specifically SOL ETFs. SOL ETFs can be a thing if Trump becomes US President. The SEC has been unfavorable toward crypto but had to approve the issuance of BTC ETFs, which it denied until a judge ruled that it had no reason not to. Thus came the first crypto ETF in the US. Surprisingly, the SEC is in the process of approving ETH...
Read More »Die Demokratisierung der Token-Erstellung: ERC20 auf der Ethereum-Blockchain
Die Ethereum-Blockchain hat mit ihrem ERC20-Standard eine Revolution in der Welt der digitalen Vermögenswerte ausgelöst. Dieser technische Standard ermöglicht es jedem, der über grundlegende Programmierkenntnisse verfügt, eigene Token zu erstellen und zu verwalten. Dies hat zu einer Explosion von Innovation und Kreativität geführt, da Entwickler, Künstler und Unternehmer ihre eigenen digitalen Währungen, Wertmarken oder Sammlerstücke erschaffen können. Der ERC20-Standard...
Read More »Arthur Hayes Predicts Dogecoin Will Get An ETF This Cycle
Regulators will inevitably approve a Dogecoin ETF after both Bitcoin and Ethereum hit US public markets, according to BitMEX co-founder Arthur Hayes. During a Sunday interview alongside Real Vision CEO Raoul Pal, the two investors reviewed their favorite meme coin and crypto picks this cycle, as well as the top risks currently looming over the industry. Why Memecoins Will Keep WInning: Arthur Hayes According to Hayes, meme coins still have plenty of runway this cycle, with...
Read More »BTC and ETH Prices Remained Stagnant Over the Weekend, Likely to Get Volatile This Week
BTC and ETH prices remained mostly unchanged this past weekend after dropping last Friday. BTC’s price dropped significantly last week – many believed it would overtake the all-time high (ATH), but it fell flat, dropping below $69,000 from about $72,000. Macroeconomics was at play as non-farm payroll figures were much better than expected as the US economy added 272,000 new jobs instead of the predicted 185,000 jobs. That will have other effects, such as the Fed not cutting interest rates,...
Read More »BTC Can Hit $100,000 Soon and $150,000 If Trump Wins, Predicts Standard Chartered
Standard Chartered, the British financial institution, claims bitcoin can hit $100,000 by November and surge to $150,000 if Donald Trump wins the US presidential election. Analysts for the institution feel Trump’s siding with the crypto industry is a bullish factor, and as the US heads toward the election in November, BTC will reach the six figures. Trump’s anti-crypto rhetoric from his last term has changed this time as he takes a pro-crypto stance going into the election. This past week, he...
Read More »Ethereum (ETH) Emerges as Crypto Darling After SEC’s Spot ETF Nod
Ethereum witnessed its strongest week in terms of capital inflow since March, with total inflows amounting to $69 million over the past week, as per the latest stats by CoinShares. The latest influx can be attributed to the surprise decision by the US Securities and Exchange (SEC) to allow spot Ether ETFs. As a result, Ethereum’s YTD inflows surged to almost $81 million. The improvement in investment products based on Ethereum had a significant impact on other digital asset...
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