Important details: BTC $1.7B options expire; exceeds $74K; ETF outflows; market fluctuations.
About $1.7 billion in Bitcoin options are set to expire today, which is around 23,000 BTC. The put-call ratio is roughly 0.96, with a maximum pain level near $70,000. The Bitcoin weekly RSI is getting close to significant levels, leading traders to focus on the potential for a bullish divergence as the RSI moves into […]
Spot Bitcoin ETFs hit $1.7B weekly inflows, marking six-week streak – Cointelegraph
Spot Bitcoin Exchange Traded Fund (ETF) continues its upward momentum, continuing its strong week as the crypto market soars. The Spot Bitcoin (BTC) ETF recorded net inflows of $1.67 billion during the trading week of November 11-15, marking its sixth consecutive week of positive flows. According to Convert data from crypto tracking platform SoSoValue. BlackRock's […]
Biden administration giving $1.7B to auto industry to bolster US EV production
The Biden administration will provide $1.7 billion to auto companies to boost their efforts to build electric cars, trucks and motorcycles. The funding covers 11 projects and is expected to help companies transition their facilities to electric vehicle manufacturing or expand their existing electric vehicle operations. Administration officials told reporters that funding would be prioritized […]