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Bitcoin Futures Open Interest Skyrockets Amid Rising Market Enthusiasm and ETF Anticipation

October 24, 2023 0

Bitcoin futures open interest (OI) has surged dramatically within the last day, with CME Group’s OI reaching an impressive 100,000 bitcoin, equivalent to $3.4 billion. This isn’t an isolated event; platforms such as Binance, Deribit, Bitget, and Okx are also experiencing significant upticks.

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Bitcoin’s Meteoric Rise to $35,000 Erases $232M in Short Positions in Just 24 Hours

October 24, 2023 0

On October 24, 2023, bitcoin (BTC) experienced a robust 13% surge during the early morning trading hours, Eastern Time (ET). This rise catapulted bitcoin’s value to $35,108 per unit, propelling the entire cryptocurrency market upwards by over 10%. As the market soared, traders who had placed their bets against crypto assets like bitcoin and ethereum […]

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Nigerian Bank Reportedly Freezes Accounts Belonging to 500 USDT Traders

October 24, 2023 0

A Nigerian bank has reportedly blocked bank accounts belonging to some 500 digital asset traders. The affected accounts are said to have received a portion of the more than $10 million that was stolen from Access Bank by hackers between May and June this year. A prominent Nigerian crypto enthusiast and educator has described the […]

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Biggest Movers: XRP Extends Recent Gains, Rising to 8-Week High

October 24, 2023 0

XRP rose for a fourth straight day on Tuesday, as overall sentiment in the market was mostly bullish. The global crypto market cap is nearly 10% higher at the time of writing, with the likes of bitcoin trading at a 17-month high. Cardano also surged, recording a 2-month peak. XRP XRP, formerly ripple, was one […]

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Bitcoin.com Collaborates With MyCointainer to Integrate VERSE Token on Its Platform

October 24, 2023 0

PRESS RELEASE. October 24th, 2023. Bitcoin.com, a pioneer in providing accessible and user-friendly cryptocurrency services, has announced a strategic partnership with crypto-staking platform MyCointainer where VERSE, the rewards and utility token for the Bitcoin.com ecosystem and the world’s gateway to decentralized finance (DeFi), is integrated into the MyCointainer

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With Over 50% Market Share, Bitcoin’s Dominance Echoes Its 2021 Peaks

October 24, 2023 0

Recent data reveals a surge in bitcoin’s dominance, a measure of its market capitalization in relation to the entire cryptocurrency sphere, reaching peaks not observed since February 2021. Present figures demonstrate that bitcoin (BTC) constitutes approximately 54% of the total cryptocurrency market value, with ethereum (ETH) trailing at just above 17%. Bitcoin Dominance

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Bitcoin, Ethereum Technical Analysis: BTC Explodes Above $35,000 as ETF Speculation Intensifies

October 24, 2023 0

Bitcoin rallied to its highest level since May 2022, as bullish sentiment exploded throughout the market. The surge came as traders believed a United States SEC announcement was imminent, over a bitcoin exchange-traded fund (ETF), likely from Blackrock. Ethereum also rose, climbing above $1,800. Bitcoin Bitcoin bulls pushed the cryptocurrency over the $35,000 level on […]

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Bitcoin Soars as Blackrock Moves Closer to Launching Spot Bitcoin ETF

October 24, 2023 0

Blackrock is moving forward with the process of bringing its spot bitcoin exchange-traded fund (ETF) to market. The world’s largest asset manager has secured a ticker symbol and a CUSIP number for its forthcoming spot bitcoin ETF, which is now listed on the Depository Trust and Clearing Corporation (DTCC), the entity responsible for clearing Nasdaq […]

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Crypto ATMs Vanish at Rapid Rate in 2023, Data Highlights Downward Trend Peaked in July

October 24, 2023 0

2023 has marked a notable decline in the number of crypto automated teller machines worldwide, plunging to levels not seen since November 2021. Data from coinatmradar.com reveal that July witnessed the steepest fall, with 4,123 crypto ATMs vanishing from the industry. The Ebb and Flow of Crypto ATMs: 2023 Sees Major Fall from Grace Thousands […]

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Binance Latam Regional VP: ‘We Intend to Become Regulated in Argentina’

October 24, 2023 0

Min Lin, Latam regional vice president at Binance, referred to the intention of the institution to become regulated in Argentina after a specific law to license crypto brokers is approved. Lin stated the exchange is talking with regulators to introduce innovation in regulatory frameworks and prioritize user protection. Binance to Seek Regulatory Compliance in Argentina