After the 2024 US election, Bitwise and other asset managers seem to have been testing the regulatory waters for previously unapproved spot cryptocurrency ETFs.
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Onchain data reveals that ETF flows haven’t been the primary causes of sell pressure for Bitcoin.
Dogecoin, XRP, Stellar and Sandbox saw a larger liquidation share than usual as some top altcoins from the 2020-2021 cycle soared as high as 50%.
According to Deribit, the exchange will include USDe in its cross-collateral pool as of early January 2025, pending regulatory approval.
The $3 billion offering of 0% convertible senior notes is part of MicroStrategy’s plans to raise $42 billion over the next three years — primarily to buy more Bitcoin.
MicroStrategy saw more trading volumes than the US spot Bitcoin ETFs combined as its shares tanked over 25% on Nov. 21.
Reflexivity squared: How Bitcoin ETF options could lead to explosive price movements.
The mysterious investor made an over 250,000-fold return on his initial investment of just $10,000, which is worth over $2.5 billion today.
Memecoins have turned numerous cryptocurrency investors into millionaires despite their intrinsic lack of utility.
Coinbase has already discontinued market trading of WBTC and is only facilitating limit orders.