Bitcoin Traders Pare Bullish Bias as Spot ETF Deadline Nears – CoinDesk
The way Bitcoin options are priced suggests traders are reducing their bullish bias as the January 10 deadline for approval of spot ETFs by the U.S. Securities and Exchange Commission (SEC) approaches. Options bias tracked by Amber Data shows that calls expiring in one week, one month, two months and three months were trading at […]
Crypto traders gamble $1.5M on Bitcoin ETF approval results – Cointelegraph
As the crypto community anxiously awaits the U.S. Securities and Exchange Commission's (SEC) decision on the Spot Bitcoin (BTC) exchange-traded fund (ETF) filing, some traders are taking advantage of this period of uncertainty to I'm betting on whether it will be approved by the 2nd of the month. 15. At Polygon-based gambling site Polymarket, traders […]
Bitcoin Could Rally to $50K as Gensler Faces Pressure to Approve ETF, Traders Say – CoinDesk
Bitcoin (Bitcoin) It traded just above $43,000 in the European morning hours on Thursday, recouping some of its losses after falling as much as 7% on a leveraged flash on Wednesday as the market reacted to analyst reports. Lucas Keeley, chief investment officer at wealth platform Yield App, said the largest cryptocurrency could rise to […]
Bitcoin drops more than 5%, giving back all of its new year gains as traders stay on ETF watch – CNBC
The decline comes after the Nasdaq suffered its worst day since October as traders exited tech stocks after they led gains in 2023. Stocks fell Wednesday, but bond yields rose. “TradFi assets stumbled at the gate in 2024, which may have contributed to increased risk aversion,” said Zach Pandle, director of research at Grayscale Investments. […]
Crenshaw, Pelosi, McConnell Among Top 2023 Stock Traders
A Tuesday report from Unusual Whales found that several establishment members of Congress were among the top lawmakers to make successful stock trades in 2023. The findings have raised concerns that many lawmakers are trading stocks based on information that is not publicly available. Some of the most notable establishment members that have won the […]