The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
The Senator has praised the flagship cryptocurrency's long-term prospects. Senator Cynthia Lummis compared Bitcoin to gold and oil in the country's reserves.
Chicago Board Options Exchange (CBOE) Global Markets, Inc., the securities exchange network, announced its plans to launch its first cash-settled index options related to the spot Bitcoin price on December 2.
This space is full of incoherent nonsense paraded around as deep and insightful analysis, but nothing is as absurd as Jason Lowery's Softwar "thesis."
Gary Gensler's resignation sparks speculation on Ripple's SEC case, hinting at potential shifts in crypto regulation and XRP's future.
CNBC's Jim Cramer, host of Mad Money and frequent source of contrarian market indicators, recently voiced his support for Bitcoin (CRYPTO: BTC) during his "Lightning Round," causing a stir among crypto enthusiasts. What Happened: During the segment, Cramer recommended a trader invest in Bitcoin rather than MicroStrategy (NASDAQ:MSTR), the software company heavily invested in Bitcoin.
This week, the crypto economy soared to an astounding $3.29 trillion. Bitcoin (BTC) rose by 10%, while ether (ETH) followed closely with a 9% uptick. Meanwhile, a wide array of alternative digital currencies posted impressive gains, with many achieving growth in the double- and even triple-digit range.
Cboe Global Markets will launch the first cash-settled index options tied to spot bitcoin ETFs on December 2.
Bitcoin price inches closer to $100,000 where market participants have built $300 million in sell walls. Will BTC clear the $100K hurdle?
Cboe Global Markets is set to launch the first cash-settled options tied to the price of spot Bitcoin (BTC), with trading set to begin on Dec. 2, according to a Nov. 22 press release.
Intelligent Alpha's investment committee is composed of three AIs, and the fund's CEO tries to stay out of their way.
Jack Mallers, CEO of payment platform Strike, has made a powerful case for the United States to embrace Bitcoin (CRYPTO: BTC) as a strategic reserve asset. What Happened: In an interview with CNBC on Thursday, Mallers compared the potential adoption of Bitcoin by the U.S. government to pivotal moments in economic history, including Nixon's departure from the gold standard in 1971.
Dogecoin hit its highest price in over a week, but other altcoins are seeing massive gains as Bitcoin approaches the $100,000 milestone.
XRP has experienced a remarkable surge in recent weeks, doubling in value and inching closer to its 2018 all-time high (ATH).
As the end-of-year holidays approach, Ledger, the French leader in secure crypto wallets, makes a strong move with an exceptional Black Friday offer. The company is not only offering significant discounts on its range of wallets but also providing $70 in Bitcoin with the purchase of its latest model, the Ledger Flex.
Despite already holding the largest corporate Bitcoin reserve in the world, MicroStrategy's appetite for the leading cryptocurrency continues unabated.
Institutional investment in the cryptocurrency space is poised for a massive influx, with hundreds of billions of dollars expected to enter the market in the coming years, according to Devin Ryan, managing director at JMP Securities. What Happened: In an interview with CNBC, Ryan emphasized that the evolving regulatory landscape and the increasing acceptance of Bitcoin exchange-traded funds (ETFs) are key catalysts for this transformative growth.
Cboe Global Markets has announced its plans to launch the industry's first cash-settled Options offering on spot Bitcoin ETF products. The firm noted that these cash-settled products are based on the Cboe Bitcoin US ETF Index (CBTX).
XRP surges past $1.40, fueled by Gary Gensler's resignation and a growing altcoin rally. Bulls target $2 amid momentum.
Bitcoin (BTC) jumped beyond $99,000 on Thursday, setting a new milestone before easing slightly. The milestone comes on the heels of substantial political and market events that have increased investor trust in digital assets.
In less than a year since their launch, BTC ETFs have defied expectations and achieved new milestones.
Garlinghouse expressed concerns about the current regulatory environment under the Biden administration, which he believes has been unhelpful for the growth of digital currencies. Instead, he looks back to the time when Donald Trump was president, suggesting that the crypto industry had a more favorable outlook under his leadership, especially in terms of clear regulations and support for innovation.
Since the beginning of November, the cryptocurrency market has seen a turn for the better. Nowhere is this more apparent than with Bitcoin (BTC), the leading digital asset.
Cboe Global Markets, Inc., announced plans to launch the first cash-settled options product linked to spot bitcoin, effective Dec. 2. The new offering seeks to enhance access to cryptocurrency derivatives for investors.
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Cboe Global Markets plans to launch the first cash-settled index options that will reflect the price of spot Bitcoin. The Cboe Bitcoin U.S.
TL;DR Crypto market faces volatility as over $3 billion worth of Bitcoin and Ethereum options expire. Bitcoin's put/call ratio reflects bearish sentiment, while Ethereum shows growing optimism. Contract expirations could lead to price fluctuations, affecting the short-term trajectories of BTC and ETH.
"What I tell everybody is every bitcoin you don't buy today is going to cost you $13 million in the future," Michael Saylor told CNBC on Friday.
As the upcoming Trump administration is gearing up to establish a regulatory landscape facilitating full-on anything-goes multicoinery, and with Gary Gensler gone, we could well see the most atrocious scam coins proliferate and soar— before they inevitably implode.
In a recent conversation with FOX Business, Senator Cynthia Lummis shared her views on buying Bitcoin to reduce US debt. Lummis remarked that Bitcoin serves as a long-term store of value. She expressed that it should be included in reserves as a strategic asset alongside gold and oil. The senator proposed that the U.S.
Andrew Hones, CEO and founder of New Market Capital, unveiled “Battery Finance” on CNBC on Friday—an asset management platform combining traditional assets like real estate with Bitcoin (CRYPTO: BTC). What Happened: In an appearance on Squawk Box, Hones announced a loan that blends a 63-unit multi-family property in Philadelphia with Bitcoin as collateral.
Ripple, Kraken, and Circle are elbowing their way into what could become the most influential crypto group in U.S. history: Donald Trump's crypto advisory council.
Ripple's XRP is up by more than 30 percent in the last 24 hours and is trading close to the $1.45 levels. SEC Chair Gary Gensler's resignation has sparked this massive rally and experts are now making predictions ranging between $5 and $10.
TL;DR XRP is up 30.37% in the last 24 hours, reaching $1.44. Gary Gensler's resignation as SEC chairman sparks optimism in the crypto market. Uncertainty over XRP's status could be resolved with a change in SEC management. The XRP cryptocurrency has seen a significant increase in its value, rising by 30.
Cboe to launch SEC-regulated cash-settled Bitcoin options on December 2, enabling flexible exposure to spot Bitcoin ETFs. The post Cboe set to launch first cash-settled options related to spot Bitcoin appeared first on Crypto Briefing.
The digital currency backed by gold aims to overcome the skepticism towards cryptocurrencies.
Jim Cramer is now singing a different tune about Bitcoin. The Mad Money host, famous for his sharp takes on markets and occasional whiplash-inducing U-turns, declared on live television, “All I can tell you is, own Bitcoin.
Beneath the cryptocurrency market's optimism that arose from Donald Trump's re-election and the associated bull run, there is no shortage of confusion about what his re-election will mean for the industry and the economy more broadly.
President-elect Donald Trump's transition team is reportedly set to implement the establishment of a national Strategic Bitcoin Reserve (SBR). At the center of this development is the formation of a crypto advisory council to revise US policy on digital assets, as Reuters reports.
The Bitcoin market continues to see a lot of strength, as we are attempting to break above the crucial $100,000 region. This is an area that will more likely than not cause a bit of a headache, but in the end, we should see it get broken above.
The market is again mainly green, according to CoinMarketCap.
As the price of popular cryptocurrency XRP continues its relentless rise, smashing one high after another, it finally reached the $1.50 point today, where holders decided to unload some of their holdings, triggering a cascade of liquidations and dragging the price down 9.88% to $1.35 in just one hour.
XRP lawsuit: The exit announcement of the US SEC chair Gary Gensler has boosted the broader crypto market sentiment, sparking hopes over a new pro-crypto regulator to replace him. Amid this, pro-XRP lawyer Jeremy Hogan has predicted the conclusion timeline for the Ripple SEC lawsuit, sparking discussions in the market.
It has been a bullish day for cryptocurrencies after the SEC announced that its chairman, Gary Gensler, will resign on January 20, 2025, the same day Donald Trump begins his second term as President. Bitcoin (BTC) now nears the crucial $100,000 mark, and altcoins have surged following the announcement.
A widely followed cryptocurrency analyst and trader is turning bullish on one red-hot large-cap altcoin. The analyst pseudonymously known as Bluntz tells his 296,200 followers on social media platform X that memecoin Pepe (PEPE) could soar more than 35% from its current value.
On Thursday, the XRP price soared to $1.41, marking its highest trading value in over three years. This surge coincides with a shifting regulatory landscape in the United States, spurred by the anticipated administration of President-elect Donald Trump.
Ethereum (ETH) lost its three-year support against Bitcoin (BTC) as the most prominent cryptocurrency rallied towards its $100,000 target on Friday, November 22. ETH has faced sticky resistance at $3,500 for nearly four months while competitors hit record highs this cycle.
On Thursday, Bitcoin mining giant MARA Holdings (NASDAQ: MARA) announced that it had successfully closed a $1 billion convertible senior notes offering on November 20, 2024. The offering includes an additional $150 million in notes issued when initial purchasers exercised their full 13-day option on November 19.