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news-imageMarch 6, 2025

Traders are disproportionally favoring options over futures for Bitcoin compared to Ethereum

The options/futures OI ratio represents the proportion of open interest in options contracts relative to futures contracts. A higher ratio indicates a greater emphasis on options trading than futures trading.
Publisher: CryptoSlate
Sentiment: Neutral
BTC
ETH

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cover-imageBitcoin
March 6, 2025

Ethereum Devconnect to Host World Fair in Buenos Aires

The Ethereum Foundation has announced that Devconnect, an Ethereum-focused gathering of developers and the crypto community, will be held in Buenos Aires later this year. Due to the natural alignment of Argentina with Ethereum, the foundation has decided to especially support the local community in order to “bring Argentina on-chain.

Positive
cover-imageBlockworks
March 6, 2025

Democrats are embracing Bitcoin despite Trump, says lobbyist

In a surprising turn of events, Democrats in Washington DC are increasingly embracing Bitcoin, according to Dennis Porter, president and co-founder of Satoshi Action Fund. Porter, a key figure behind efforts to establish strategic bitcoin reserves in over 30 US states, believes that the decentralized nature of Bitcoin aligns well with core Democratic values.

Negative
cover-imageBenzinga
March 6, 2025

Vladimir Putin Said 'Nobody Can Ban Bitcoin,' But Russia Isn't Looking To Follow Donald Trump's Push For A Crypto Reserve

Russian Deputy Finance Minister Vladimir Kolychev's statement on Wednesday that Bitcoin (CRYPTO: BTC) will not be included in the National Wealth Fund mirrors President Vladimir Putin's historically cautious approach to cryptocurrency. What Happened: Kolychev, speaking to Interfax on Wednesday, confirmed that the country's national wealth fund will maintain its focus on gold and yuan, with allocations of up to 60% in yuan and 40% in gold, explicitly rejecting Bitcoin due to its volatility.

Positive
cover-imageUToday
March 6, 2025

BlackRock's Bitcoin Holdings Grow as Market Bounces Back

BlackRock's Bitcoin holdings are up as the crypto market extends its recovery in Thursday's trading session. According to blockchain analytics platform Lookonchain, on March 6, the group of 10 Bitcoin ETFs saw a positive net inflow of 80 BTC worth $7.22 million, with BlackRock's iShares Bitcoin ETF leading the charge.

Positive
cover-imageThe Currency Analytics
March 6, 2025

Ethereum's Large Purchase Signals Market Rebound

Ethereum's (ETH) market remains as volatile as ever, with major price fluctuations and institutional activities continuously influencing market sentiment. The recent large purchase of 17,855.3 ETH by the mysterious entity “7 Siblings” has raised significant speculation.

Negative
cover-imageCryptoPotato
March 6, 2025

Bitcoin Price Analysis: Caution Flags as BTC Tests $90K

Bitcoin recently broke below the 100-day moving average at $97K, triggering a sharp sell-off that pushed the price beneath the $80K threshold. However, a strong rebound from the 200-day MA at $80K has brought the price back toward $90K, suggesting a potential sideways consolidation phase in the short term.

Positive
cover-imageBenzinga
March 6, 2025

Michael Saylor Hints US Will Buy 1 Million Bitcoin For Strategic Reserve

Michael Saylor, executive chairman of Strategy (NASDAQ:MSTR), suggested on Thursday that the United States plans to purchase 1 million Bitcoin (CRYPTO: BTC) to establish a strategic reserve, aligning with a framework outlined in the bill proposed by senator Cynthia Lummis (R-Wyo.) He was speaking in a Fox Business interview, ahead of a White House Crypto Summit scheduled for Friday, where Saylor will participate.

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