Spot Bitcoin ETFs in the United States hoovered up a whopping 51,500 BTC in December while only a fraction of that was produced. Source link
Day: January 7, 2025
Nasdaq ISE seeks SEC approval to increase IBIT options trading limits from 25,000 to 250,000
Key Takeaways Nasdaq ISE proposes to increase IBIT options position and exercise limits tenfold. The proposed change is motivated by increased trading volumes and liquidity in IBIT. Share this article Nasdaq ISE, LLC (ISE), the Nasdaq-owned options exchange, recently submitted a proposed amendment to the SEC to increase the position and exercise limits for options on the iShares Bitcoin Trust ETF (IBIT) from 25,000 to 250,000 contracts. The current position and exercise limits for IBIT options are considered low limits available in options trading. The proposal, pending SEC approval, is…
Can Stability Lead To Gains?
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Canadian man says kidnappers wanted to torture him for his Bitcoin: Report
An unnamed Canadian man says he’s been forced to move from one Airbnb to another to evade his suspected kidnappers. Source link
Is a Move Higher Coming?
Este artículo también está disponible en español. Ethereum price extended its increase above the $3,650 zone. ETH is consolidating and aims for a fresh increase above the $3,750 resistance. Ethereum started a decent recovery wave above the $3,700 zone. The price is trading above $3,650 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,660 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it clears the $3,750 resistance level. Ethereum Price Climbs Above…
Canadian PM front-runner Pierre Poilievre champions crypto and DeFi, watches Bitcoin YouTube videos
Key Takeaways Pierre Poilievre opposes central bank digital currencies and supports Bitcoin and other digital assets. Poilievre advocates for favorable regulations for blockchain companies and views crypto as a hedge against economic instability. Share this article Pierre Poilievre, leader of Canada’s Conservative Party, has positioned himself as a prominent advocate for crypto and DeFi while emerging as a leading candidate for Prime Minister following Justin Trudeau’s resignation. Poilievre joined a crypto podcast in February 2022 hosted by Robert Breedlove, a Bitcoin advocate known for making controversial comparisons between central banking…
Bulls Set Their Sights Higher
Este artículo también está disponible en español. Bitcoin price is recovering losses above the $100,000 zone. BTC is showing positive signs and might continue higher if it clears the $102,500 resistance zone. Bitcoin started a decent increase above the $98,800 zone. The price is trading above $100,000 and the 100 hourly Simple moving average. There is a short-term bullish trend line forming with support at $99,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $98,500…
Canada PM frontrunner once vowed to make the country a ‘crypto capital’
Canadian Prime Minister Justin Trudeau’s exit has put attention on opposition leader Pierre Poilievre, who has a history of pro-crypto comments. Source link
Federal Reserve bank regulator Michael Barr to step down
Fed’s Barr once said the Federal Reserve would “likely view it as unsafe and unsound for banks to directly own crypto-assets on their balance sheets.” Source link