BTC

BlackRock’s (BLK) BTC ETF Now Invites Participation From Wall Street Banks

“If the SEC accepts this revised, dual model of create and redeem with cash and physical, that means the liquidity that supports the ETF shares when they trade would be increased, because obviously, you have more potential APs as part of the process,” CF Benchmarks CEO Sui Chung said in an interview. (CF Benchmarks is…

Bitcoin (BTC) Price Halts at $41K Ahead of FOMC Rate Decision; DOT, ATOM, INJ Lead Crypto Gains

The largest crypto asset recovered to $42,000 earlier in the day from yesterday’s low of $40,200 before dipping to $40,600 in the U.S. afternoon hours. After paring some losses, BTC was changing hands at $41,300, slightly up 0.3% over the past 24 hours. Source link

Bitcoin (BTC) Bonds in El Salvador Swing Closer to Reality as Price Targets $45,000

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Bitcoin, Ether Drop Spurs $500M in Liquidations, But BTC Entering “Never Seen Before” Era

“Momentum has been consistently building in the Bitcoin builders space all year, and we are now seeing the markets reflect the excitement around the increased activity,” shared Muneed Ali, founder of Bitcoin development firm Trust Machines, in an email to CoinDesk. “Due to the rise of Ordinals and Bitcoin L2s, there are reasons to be…

Bitcoin (BTC) Price Dips Near $40K in Steepest Drawdown Since August; LINK, ADA, XRP Lead Crypto Losses

Over the space of a few minutes Sunday evening, BTC plunged to near $40,500 from around $43,800 in what could be termed a “flash crash.” Prices quickly recovered to $42,400, but then started to slide again during U.S. afternoon hours to as low as $40,200, a level it broke through on the way up a…

Bitcoin Price (BTC) Decline Has Crypto Stocks COIN, MSTR, and MARA Buckling

The price drop followed a swift correction in crypto markets Sunday evening, with BTC dropping nearly 10% from the $44,000 level in the space of a few minutes in what might be termed a “flash crash.” At press time, bitcoin was trading at $41,700, down about 5% over the past 24 hours. The CoinDesk Market…

Bitcoin (BTC) Price Drop Cools Overheated Funding Rates, Data Show

BTC, ETH, SOL and Major Altcoins Begin Asia Business Day in Deep Red

Bitcoin and Ether lead in liquidation heatmap with over $335 million in rekt positions in the last 12 hours. Source link

Bitcoin From Satoshi Nakamoto’s Era Were Moved as BTC Prices Hit $44,000

Over 1,000 bitcoins from an early miner were moved to trading desks and custodian services on Dec. 4, on-chain data firm CryptoQuant shared with CoinDesk in a Thursday report. These tokens were previously moved 13 years ago, between August and November 2010, and were mined from block rewards at an estimated total cost of $100….

Bitcoin’s (BTC) Famed Bull Market Pullbacks Have Been Elusive. Here’s Why

Derivatives are usually leveraged instruments, allowing traders to take bullish (long) or bearish (short) positions worth more than the amount they have deposited as a margin at the exchange. Leverage is a double-edged sword, magnifying both profits and losses. It also exposes traders to liquidations, or forced unwinding, due to margin shortfalls. Furthermore, mass liquidations…