BTC’s futures open interest climbs to its highest level since January 2023. The coin’s price is trending within a range. As an analyst with extensive experience in the cryptocurrency market, I find the recent surge in Bitcoin’s [BTC] futures open interest and positive funding rates intriguing. The data from Coinglass indicates that the aggregate futures … Read more
Earn users received $2.18 billion in digital assets as part of the repayment. Gemini’s announcement follows FTX’s plan to repay its creditors. As an experienced financial analyst, I’ve closely followed the tumultuous journey of crypto exchanges and their users over the past few years. The recent news of Gemini’s plans to reimburse its affected users … Read more
Worldcoin price is consolidating in a ranging pattern between $4.3 and $6.2 key levels. Metrics indicate bullish momentum and profit potential for holders. As a seasoned crypto investor, I have seen my fair share of market volatility and consolidation patterns. The current situation with Worldcoin (WLD) is interesting, to say the least. For the past … Read more
BlackRock’s IBIT flipped GBTC as the top spot BTC ETF IBIT could eye Gold ETF as the next target. As a seasoned crypto investor with a keen eye on the market trends, I’m thrilled to see BlackRock’s iShares Bitcoin Trust (IBIT) flipping Grayscale’s GBTC as the world’s largest BTC ETF. The $20 billion in assets … Read more
Bitcoin and Ethereum have risen to become one of the most valuable assets globally. There has been a pause in the uptrends that BTC and ETH saw in the previous week. As a researcher with experience in the cryptocurrency market, I have witnessed firsthand how Bitcoin and Ethereum have risen to become two of the … Read more
As a researcher with experience in the crypto market, I’m thrilled to see the recent Ethereum ETF approval by the US Securities and Exchange Commission (SEC). The impact on the Ethereum network has been significant, with increased transactions and volume reminiscent of the Bitcoin ETF approval in late 2021. As an analyst, I’ve observed a … Read more