Bitcoin Set for Unusually Busy Weekend After Friday’s Payrolls Data, Volatility Kink Indicates
BTC’s implied volatility curve shows a noticeable kink on Oct. 5, signaling expectations for an unusually volatile Saturday.Source
Archive for month: October, 2024
Bitcoin’s Poor Start to Bullish October Continues, but There May Be Cheer Ahead for Bulls
Most gains come in the latter part of the month.Source
Crypto Payments Firm BCB Group Was the Subject of an FCA Investigation: Sources
The U.K financial services regulator issued the payments provider a 166 notice late last yearSource
IMF Urges El Salvador Again to Strengthen Regulatory Framework and Oversight of Bitcoin
The IMF has been asking El Salvador for changes regarding its bitcoin law since its adoption in 2021.Source
Bitcoin Dominance Nears 3-Year High Amid Altcoin Weakness; Aptos Outperforms as SUI Drops
Bitcoin held above the $60,000 key support level, while Ethereum’s ETH fell to near its weakest level against BTC since mid-September.Source
NFT Mania Is Back? Maybe Not, but a CryptoPunk Just Sold for a Record $56.3M
Punk 1563 changed hands for 24,000 ETH, a huge markup versus recent pricing.Source
NFT Mania Is Back? Maybe Not, but a CryptoPunk Just Exchanged Hands for a Record $56.3M
Punk 1563 changed hands for 24,000 ETH, a huge markup versus recent pricing.Source
Binance’s Crypto Market Share Sinks to 4-Year Low
While Binance remains a giant in crypto trading, its volumes dropped over 20% in September versus the previous month, while rival Crypto.com’s surged over 40%.Source
Why You Should (Still) Care About Silvergate
It’s become increasingly clear that crypto-focused banks such as Signature and Silvergate were closed by political mandate during the 2023 banking crisis, says Nic Carter. And the way it was done should bother anyone who cares about open access to financial services.Source
Bitcoin Not a Safe Haven From Geopolitical Risks, but Still Buy the Dip: Standard Chartered
Risks stemming from the Middle East conflict are likely to push bitcoin below $60K before the weekend, the report said.Source