Deribit reached an all-time high in open interest this week, totaling $37.6 billion across bitcoin and ether contracts, signaling intensified activity in cryptocurrency derivatives amid bitcoin’s recent price volatility. Amid Bitcoin’s Climb, Deribit Reaches Unprecedented Open Interest High Deribit, a prominent platform for cryptocurrency derivatives trading, has reached an all-time high in open interest across […] Source: https://news.bitcoin.com/bitcoin-surge-drives-deribit-to-40-8-billion-open-interest-peak/
Month: November 2024
Bitcoin, Ethereum and Dogecoin Down as $444M in Crypto Longs Get Rekt
After soaring above $93,000 per coin and touching a new all-time high on Wednesday, Bitcoin’s price dropped hard on Thursday—bringing other top virtual currencies with it and wrecking plenty of long positions in the process. The biggest digital asset by market cap is now trading for $87,805, a drop of over 6% in the past 24 hours, CoinGecko shows. Ethereum’s price…
BTC Digital Ltd. Announces Signing of Bitcoin Miner Equipment Hosting Agreement
SHENZHEN, China, Nov. 13, 2024 /PRNewswire/ — Blockchain technology company BTC Digital Ltd. ( “BTC Digital” or “the Company”) (NASDAQ: BTCT) today announced that the company has signed a Bitcoin miner equipment hosting agreement with Recte Technologies Company Limited, a digital asset management advisory company in Asia, and ASIA INVESTMENT FUND SP2, a cryptocurrency mining fund in Asia, with plans to…
SEC chair doubles down on crypto stance under threat of Trump ousting
Gary Gensler did not say he would leave the SEC before Donald Trump took office but pointed to the commission’s record on crypto enforcement and approving ETFs. Source: https://cointelegraph.com/news/sec-chair-gary-gensler-crypto-enforcement-donald-trump-firing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Dogwifhat Price Prediction: After 39% Pump, Are WIF and STARS Next to Explode Like Dogecoin?
For meme coin investors, this week has been nothing short of euphoric. Dogecoin has led the way by doubling in price, but smaller meme coins are taking over. Dogwifhat has pumped 44% today – can it continue gaining, or is viral presale Crypto All-Stars a better investment? Coinbase Listing Sparks WIF Gold Rush Investors are […] Source: https://news.bitcoin.com/dogwifhat-price-prediction-after-39-pump-are-wif-and-stars-next-to-explode-like-dogecoin/
3 reasons why Solana price is on the verge of new all-time highs
Surging activity in onchain and derivatives metrics suggests that Solana’s bullish momentum is set to continue. Source: https://cointelegraph.com/news/3-reasons-why-solana-price-is-on-the-verge-of-new-all-time-highs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Bull Tim Draper Eyes Trump’s Return as Catalyst for Private Sector Boom: ‘Very Excited’
This week, the bitcoin bull and venture capitalist Tim Draper shared his excitement on X about Donald Trump’s potential next term. “Every job they cut in the government will create three jobs in the private sector,” Draper eagerly stated. Bitcoin Enthusiast Draper Anticipates Trump’s Next Term Will Unleash Private Sector Growth Venture capitalist Tim Draper […] Source: https://news.bitcoin.com/bitcoin-bull-tim-draper-eyes-trumps-return-as-catalyst-for-private-sector-boom-very-excited/
Eight policymakers who are ‘laser focused’ on $100K Bitcoin price
Bitcoin price surpassing $100,000 is within reach. The crypto laser eyes craze has turned from a delusional and flashy trend to a backed statement by actual fundamentals followed by some politicians. Source: https://cointelegraph.com/news/politicians-laser-100k-bitcoin-price?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FBI tokens, AI tokens and crypto wash trades: Crypto lawyers weigh in
Did the FBI token infringe copyright rules? Who should be responsible for AI agents and their crypto activities? Crypto lawyers weigh in. Source: https://cointelegraph.com/magazine/fbi-tokens-ai-crypto-wash-trades-is-it-legal/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump nominates pro-Bitcoin Matt Gaetz as US attorney general
Gaetz’s nomination for US attorney general signals a potential shift in the DOJ’s stance on crypto, innovation and regulatory policies. Source: https://cointelegraph.com/news/trump-nominates-bitcoin-supporter-matt-gaetz-us-attorney-general?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound