[ad_1] Following the approval of options trading on BlackRock’s Bitcoin ETF (exchange-traded fund) on Nasdaq, it was only a matter of time until the United States Securities and Exchange Commission (SEC) authorized ETF options trading on other exchanges. On Friday, October 18, the commission permitted the New York Stock Exchange (NYSE) and Chicago Board Options Exchange (CBOE) to offer options trading for several spot Bitcoin ETFs. Specifically, the NYSE received the green light to list and trade options for Grayscale Bitcoin Trust (GBTC), Grayscale Bitcoin Mini Trust BTC (BTC), and Bitwise Bitcoin ETF (BITB). CBOE, on the other hand, is…
Author: dfrancis36
[ad_1] Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and…
[ad_1] A veteran trader says that it would be unwise to attempt to start calling for a top in the crypto bull market. The pseudonymous trader known as The Flow Horse tells his Telegram channel that based on many charts, including Bitcoin (BTC), Gold futures, and the Nasdaq, there’s a clear bull market underway that could be costly to bet against. “I said this in 2020 I will say it again now, if you are late to the break upward and having trouble entering, just buy and walk away. One weekly strong close through the level and that’s it. The…
[ad_1] Samson Mow, founder of Bitcoin-focused company JAN3, recently addressed the German Bundestag in an effort to push for the state to adopt Bitcoin, thus pushing for “hyperbitcoinization” sooner to be able to live in a future where Bitcoin becomes every global citizen’s currency of choice. Grassroots efforts pick up pace, but the founder cautions that it is only the existence of state-level adoption that will deliver the fiat-free world that many desire to see. To date, El Salvador remains the only country to legalize Bitcoin as a legal form of currency, an ongoing theme of a state refusing recognition…
[ad_1] They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling…
[ad_1] Prison authorities in Nigeria declared that detained Binance executive Tigran Gambaryan is ‘very sick’, preventing him from appearing in court again for his trial. This is a major concern which had been raised by his wife nearly two months ago, saying that Gambaryan’s health condition has sharply deteriorated since being detained in April. Binance Exec Trial Reset To October 25 The trial of embattled Binance executive Gambaryan was once again moved to a later date after he failed to appear in court due to his health condition. His trial was supposedly scheduled last October 18. The Binance executive is…
[ad_1] Este artículo también está disponible en español. Renowned crypto analyst, ‘Egrag Crypto’ took to X (formerly Twitter) to unveil three critical price targets for XRP in this bull cycle. Despite XRP price experiencing persistent stagnation, the analyst has projected a major price increase as high as 4,800% for the popular cryptocurrency. Related Reading Major Resistance And Support Targets For XRP On 17 October, Egrag Crypto shared three major targets for the XRP price based on Channel B, a distinctive boundary XRP has struggled to breach for years. In the monthly time frame, XRP faces three primary resistance targets and…
[ad_1] My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to…
[ad_1] Este artículo también está disponible en español. Dogecoin, the world’s largest meme coin by market capitalization is now flashing a major sell signal, indicating that it may be time for investors to get out fast, and sell off their tokens before a potential decline. This sudden sell signal comes as the Dogecoin price jumped 10% following a recent comment by SpaceX and Tesla Chief Executive Officer (CEO) Elon Musk. Dogecoin Price Flashes Sell Signal Dogecoin recently caught the interest of investors after its price dramatically surged by over 10%, surpassing the $0.127 mark in one day. The massive price…
[ad_1] Last January 10th, 2024, the US Securities and Exchange Commission finally approved the Bitcoin ETF applications of 11 funds, including Fidelity, Grayscale, and Blackrock’s IBIT. Within a month, trading volume increased as more banks, funds, and individual traders got a share. One market participant that’s slowly boosting its holdings is Morgan Stanley. In its recent 13F-HR/A filing with the SEC, Morgan Stanley declared $272 million worth of Bitcoin ETFs at the end of the third quarter. Although this seems like a sizeable investment, it only accounts for 2% of the total assets in management, now valued at $1.3 trillion.…