According to Glassnode data, the open interest of Deribit Ethereum Options with a notional value of $5.6 billion exceeded the open interest of Bitcoin Options, which stood at about $4.3 billion, for t...
Tag: BTCs
Why Bitcoin investors remain vulnerable despite BTC’s 5% rally
This week was filled with surprises for even those haven’t been a part of the crypto niche. Bitcoin [BTC] and other cryptocurrencies continued their climb. Now that Bitcoin is above a historical accum...
A British Resident Says He Needs Robotic Dogs To Search For His Lost 8,000 BTCs
James Howells, a British resident, said he needs several robot dogs from Boston Dynamics in his search for a landfill fin Wales. Howells is actually searching for a missing Bitcoin hard drive that con...
Ethereum exceeds BTC’s future trading volume at $11B
There’s a lot of activity on the Ethereum blockchain and its associated industries. According to reports, Ethereum futures trading volume has exceeded bitcoin for the first time in over a year. The Et...
Can Bitcoin [BTC]’s movement above realized price fizzle out based on market sentiment?
The broader recovery of the crypto market in July has taken a new turn recently. Bitcoin [BTC] is effectively leading the charge with the latest bullish activity. However, suspicious whale movements h...
Bitcoin: What Wikipedia won’t tell you about BTC’s recovery to May levels
Bitcoin [BTC] is back above $23,000 for the first time since 13 June, thanks to a strong bullish performance in the last seven days. Eagle-eyed BTC enthusiasts may have noticed that the latest rally p...
With Upcoming Interest Rate Hike from Fed, Is BTC’s Current Rally Short-Lived?
Bitcoin (BTC) has regained momentum and reclaimed the $23K level, but this begs the question if this uptick is short-lived, given that the Federal Reserve (Fed) has adopted the strategy of continuousl...
Buterin Isn’t Crazy About BTC’s Stock-to-Flow Model
Vitalik Buterin – the co-creator of Ethereum and widely regarded as one of the top minds in the crypto space – has commented that he’s not too crazy about bitcoin’s present stock-to-flow model. The ne...
Bitcoin Attempts Positive Breakout Above $22k; BTC’s Good Times Await!
Bitcoin, the market leader, directs the entire crypto market sentiment simply out of its sheer dominance. BTC is moving with a tremendous buying-focused scenario capable of putting it beyond the grasp...
Bitcoin: This is what traders can expect after BTC’s slow and steady comeback
Bitcoin [BTC] has managed to show some optimism among traders in the recent days. The king crypto is on track to record its largest weekly gain in the last nine weeks. This news comes after BTC’s wors...
Bitcoin Whales Buys Over 52K BTCs Amid Price Dip
Bitcoin (BTC) price recovered to trade over the vital $21K price level. However, it is still trading down by 30% over the past 30 days. Meanwhile, major whales have grabbed the opportunity to increase...
Bitcoin [BTC]’s hashrate and what its fall means for miners and their shutdown price
Cryptocurrency investors have been withdrawing Bitcoin [BTC] from cryptocurrency exchanges at the most aggressive rate in history. Here, the total exchange outflows in June peaked at 151,000 BTC, wort...
Bitwells Offer 777 BTCs Help You Enlarge Your Crypto Trading Profit
To facilitate crypto trading and help traders earn more cryptocurrency, leading crypto derivatives exchange Bitwells has launched a 100% deposit bonus promotion to all traders. If you deposit 1 BTC, 2...
Bitcoin whales are accumulating, but why is BTC’s growth stunted
Bitcoin, the largest cryptocurrency has had a lot of support from the community over the years. These holders have maintained an undeterred positive narrative despite challenging market conditions. Ho...
BTC’s Lower Price Shrinks Bitcoin Mining Profits, Hashrate Remains Unaffected – Coinotizia
While bitcoin’s fiat value has dropped more than 70% below the all-time high recorded in November 2021, the price reduction has made it so miners are making fewer profits depending on the devices they...
BTC’s Lower Price Shrinks Bitcoin Mining Profits, Hashrate Remains Unaffected – Mining Bitcoin News
While bitcoin’s fiat value has dropped more than 70% below the all-time high recorded in November 2021, the price reduction has made it so miners are making fewer profits depending on the devices they...
El Salvador Spends Over $1.5 Million to Acquire 80 More BTCs
Central American country El Salvador has now almost made a culture out of buying Bitcoin at every possible opportunity. Despite the bleak-looking outlook that the crypto market currently has, El Salva...
What This Bitcoin Divergence Could Hint About BTC’s Price
Bitcoin is trending downside on lower timeframes and seems to hint at future losses. The number one crypto by market cap records a 3% loss in the past week, but there is a potential sign of hope for t...
Community reacts after SEC’s Gensler affirms BTC’s commodity status
United States Securities and Exchange Commission Chair Gary Gensler riled up Crypto Twitter on Monday after affirming that Bitcoin (BTC) is a commodity. Questions were raised about its impact on Grays...
BTC’s accumulation score, RHODL ratio have been hinting at upcoming…
Bitcoin, the largest cryptocurrency weathered hacks, heists, booms, and busts to reign as the king coin. But soon, altcoins gained traction among users, gathering communities of developers and users o...
Michael Saylor: Don’t Worry About BTC’s Volatility
According to Michael Saylor of MicroStrategy, the volatility of bitcoin is not something people should be concerned about. Michael Saylor Isn’t Concerned About Bitcoin’s Up-and-Down Nature Saylor is t...
Bitcoin: The cost of maintaining this firm’s HODL strategy? 3K BTCs…
Canadian cryptocurrency mining business Bitfarms has sold more than $62 million in Bitcoin in June, using the proceeds to settle its debt. About 3,000 Bitcoins, or roughly 47% of Bitfarms’ total holdi...
Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction – Coinotizia
During the past week, Bitcoin’s hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022. Bitcoin miners, however, got a break on Wednesday, June 22, as the ...
Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction – Mining Bitcoin News
During the past week, Bitcoin’s hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022. Bitcoin miners, however, got a break on Wednesday, June 22, as the ...
What’s Driving Bitcoin (BTC)’s Latest Bounce from Lows?
Key Points After Bitcoin and Ethereum hit fresh annual lows under $18,000 and $900 on Saturday, cryptocurrency market sentiment has stabilized. Bitcoin has bounced over 18% to the upper $20,000s and...
El Salvador’s Fiscal Risk Is Extremely Minimal Despite BTC’s Crash, Says Finance Minister
The first nation to legalize BTC inside its borders sits on a substantial unrealized loss from its bitcoin stack. However, its Finance Minister, Alejandro Zelaya, reassured that the most recent market...
Will GNOX Stand its Ground or Replicate BTC’s Trend?
May has been a brutal month for the cryptocurrency asset class. From a macroeconomic perspective, the drop in Bitcoin’s (BTC) price is no real surprise. An overheated economy powered by cheap money sh...
According To Analysts BTC’s Value Will Continue To Rise Due To Public Perception
When talking about BTC, it’s important to consider the worth of diamonds, according to Laboure. She noted that the value of diamonds has increased due to increased communication around the gem over th...
Analyst says BTC’s value will continue rising based on people’s perception
? Want to work with us? CryptoSlate is hiring for a handful of positions! Marion Laboure, an analyst at Deutsche Bank Research and the author of Democratizing Finance, believes the value of Bitcoin (B...
Bitcoin Holders’ Activity Sets New Milestone Despite BTC’s Lull Near $29K
According to IntoTheBlock analytics, the number of Bitcoin “hodlers,” referring to addresses holding for more than a year, has recently set a new milestone. IntoTheBlock notes that there a...
FTX Founder Downplays BTC’s Chances as an Efficient Payment Network
The founder of FTX has taken a swipe at Bitcoin (BTC) over its inefficiency in settling transactions and has thrown his weight behind the proof-of-stake (PoS) consensus mechanism. Sam Bankman-Fried, C...