As $1.4 billion in Bitcoin options expire, all eyes are on whether BTC can break resistance or face another downturn in the market.
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Category: Bitcoin
Top Crypto Performers Today August 16 – Tether Gold, Tron, Bittensor
As crypto markets trade in subdued fashion amid a lack of notable catalysts, traders are scouring altcoin markets for top crypto performers today that might be able to generate quick gains.
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Institutional Bitcoin ETF Adoption Surges 21% in Q2 – K33 Research
K33 Research reports a 21% surge in institutional adoption of Bitcoin ETFs in Q2. This is driven by a 262-firm increase, with market makers leading the charge.
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Trump Names Cantor Fitzgerald CEO To Co-Lead Transition Team Amid Crypto Ties
Cantor Fitzgerald CEO Howard Lutnick has been selected to co-lead Donald Trump’s transition team with WWE co-founder Linda McMahon, underscoring crypto sector’s potential role.
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Institutional Interest in Bitcoin Wanes as Market Caution Grows; Minting Ratio Drops to $1.4B
Institutional interest in Bitcoin is slipping, with the minting ratio plunging from $2.7B to $1.4B, signaling growing market caution.
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Crypto Miner Bitdeer Plans $150M Public Offering for Data Center Expansion
Singapore-based cryptocurrency mining company Bitdeer Technologies Group has revealed plans to raise $150 million through a public offering of convertible notes set to mature in 2029.
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Bitcoin Funding Rates Plummet on Binance as Short Positions Dominate Market
Bitcoin funding rates on Binance have dropped to their lowest levels of the year, reflecting a marked shift in market sentiment.
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Bitcoin Price Nears $58,000; U.S. Retail Sales Surge and Job Data Surprise
Bitcoin hovers near $58,000 as stronger-than-expected U.S. retail sales and surprising job data add uncertainty to the market outlook.
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Majority of Institutional Investors Increased Bitcoin ETF Holdings in Q2: Bitwise
In the second quarter of 2024, approximately 66% of these investors either maintained or increased their Bitcoin ETF positions.
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Bitcoin Sinks Below $60K as CPI Data Dashes Hopes for Aggressive Fed Rate Cuts
Bitcoin tumbles below $60K as U.S. inflation data dims hopes for significant Fed rate cuts, triggering market-wide volatility and investor caution.
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