Crypto Derivatives Market Share Hits All-Time High Despite Overall Volume
The world of cryptocurrency derivatives trading has seen some interesting developments over the past few months. In April, the volume of derivatives trading on centralized exchanges declined, but spot trading volume declined even more. As a result, the market share of crypto derivatives trading rose to a record 77.6%, marking a new all-time high. Although […]
US Senator stated: Lawmakers are searching through crypto-related legislation to find bipartisan solutions.
According to Thom Tillis, a member of the Senate Banking Committee, lawmakers have collected ideas from both the Senate and House and are currently attempting to determine which proposals can secure bipartisan support. Senator Thom Tillis (R-N.C.) has stated that the U.S. Congress is currently in the initial stages of creating legislation for crypto oversight. […]
Bitcoin’s market capitalization comes back!
Bitcoin’s market capitalization has climbed to become the 11th largest asset by market cap, trailing only behind Tesla. Despite a tumultuous week in the crypto world following the collapse of Silicon Valley Bank and Signature Bank, Bitcoin’s market cap has surpassed that of tech giant Meta. Bitcoin’s market cap currently stands at $471.86 billion, surpassing […]
Crypto derivatives data shows a chance for a price upside this week.
Data about BTC Options suggests price rally could still have strength, even as economic concerns grow and the possibility of the crypto market stalling for a short time. Bitcoin this week hits a 2023 high of $23,100, following a notable rally in traditional markets, notably the Nasdaq Composite Index, which gained 2.9% on Jan. 20. […]
Is Bitcoin Like Gold in the 1970s? $600,000 could be a medium-long term target according to Capriole Investments
According to Capriole Investments during the incoming decade BTC could have an “Explosive Breakout,” similar to that of the Gold in the 1970s. While Bitcoin’s current price is 80% below its all-time high of around $69,000, the medium-term outlook for the asset remains bullish for some: Capriole believes 2023 will be a strong year for […]
In 2023 MicroStrategy will offer Bitcoin Lightning solutions
MicroStrategy’s Lightning Network solutions include satoshi incentives for website marketing and cybersecurity. MicroStrategy executive chairman Michael Saylor shared his company’s plans to release software solutions based on the Bitcoin Lightning Network in 2023. In a Dec. 28 Twitter Spaces event, Saylor said the company is working on solutions that integrate Lightning Network, such as solutions […]