Ethereum (CRYPTO: ETH) traded 8.26% higher at $4,155.24 over 24 hours in the early hours of Thursday. What’s Moving? At press time, ETH traded 4.77% below the all-time high of $4,362.35 that it touched in May. Against Bitcoin (CRYPTO: BTC), it rose 6.92% over 24 hours. Over the last seven-days...
The Ethereum rally continues and seems to be moving into FOMO levels. At press time, the second crypto by market cap has blasted through the major resistance at $4,000 and moves fast into price discovery. Related Reading | Ethereum Looks Set To Explode As 400,000 ETH Exits Coinbase. Ethereum records...
Options traders are turning their attention to long-term bullish bets on the cryptocurrency ether, as some anticipate that an ether-based exchange-traded fund (ETF) product will likely follow the launch of the first bitcoin futures-based ETF in the U.S. Data reveal a growing demand for long-dated, out-of-the-money (OTM) call options on...
Some market participants believe that traders who bought the rumor of approval for a Bitcoin ETF product may sell on the news. Crypto trading firm QCP Capital said in an update that the approval of futures-based ETFs is unlikely to provide a long-term boost for Bitcoin prices similar to the one seen in the fourth quarter of 2020.
The increased expectations of an imminent futures-based ETF’s debut on the US markets have spiked activities on the CME this month even though many experts also attribute the new development to stronger participation from state-side institutional investors. Global derivatives giant Chicago Mercantile Exchange (CME) saw the total amount of money...
Bitcoin rose toward $62,000 as the first U.S. futures-based bitcoin exchange-traded product (ETF) was set to go live this week. The world’s largest cryptocurrency by market capitalization was up about 2% over the past 24 hours as the total crypto market cap reached an all-time high near $2.5 trillion on Monday.
On Oct. 15, news that a Bitcoin (BTC) exchange-traded fund (ETF) could start trading as early as next week sent Bitcoin price to $62,933 but the rally has cooled off since then. Some market participants believe that traders who bought the rumor of approval for a Bitcoin ETF product may...
October 15, the news broke that an (BTCAlthough Bitcoin’s price reached $62,933, the exchange-traded funds (ETF) may trade by next week, it has since fallen. Some market participants suspect that those who purchased the rumor about approval of a Bitcoin ETF product might have been able to trade in it. We sell the news. QCP Capital, a crypto trading company said that futures-based ETFs have been approved. Not likely to give a lasting boostBitcoin prices comparable to those seen during the fourth quarter 2020.
The approval of a Bitcoin Exchange Traded Fund (ETF) in the U.S. has come true. Different actors in the crypto space have tried to receive the greenlight from that country’s regulator (SEC) for little less than a decade. Related Reading | Bitcoin ETF Receives Approval from SEC, Marking Historic Day...
A couple of days ago, news that a Bitcoin exchange-traded fund could start trading as early as next week sent Bitcoin’s price to $62,922 but the rally has cooled off since then. Some people think that traders who bought the rumor of approval for a Bitcoin ETF may sell on the news.
The price of Bitcoin experienced a moment of stasis on the 16th of October as the crypto market kept digesting the approval of the ETF in the country. According to data received from TradingView and Cointelegraph Markets Pro, it was discovered that the BTC/USD exchange settled on a price of $61,500 on Saturday- which was up by 4% in 24 hours. The pair has also climbed to a price of $62,940 hours after Wall Street opened on Friday when news came about regulators green-lighting two of the applications of the ETF after a few years of failed applications.