Polymarket Traders See 89% Chance of SEC Approving Spot BTC ETF by Jan. 15
Some investors have bought the “No side shares” of the prediction contract to hedge against potential delays in the SEC’s approval of spot ETFs.Source
Bitcoin-Related Companies Show Pre-Market Gains as BTC Nears $46K
U.S.-listed companies rode bitcoin’s bullish momentum to show significant gains in pre-market trading, including COIN, MSTR, MARA and RIOT.Source
Sei Network Emerges as Latest Crypto Favorite; Meme Coin SEIYAN Leads Bets
Meme coin SEIYAN – apparently a cult term for holders of the SEI token – has gained 400% in the past week, serving as a proxy for the growth of the broader Sei ecosystem.Source
Wild Trading Session Sees Tellor’s TRB Token Slide From $720 to $180 in Hours
Futures tracking the lesser-known token saw $68 million evaporate in leveraged bets in a 24-hour period.Source
Bitcoin Bullish Bets Costlier Than Ever as Funding Rates Hit Record 66%
Data tracked by Matrixport show global average perpetual funding rates rose to a record 66% annualized early Monday.Source
Bitcoin Spot ETF Anticipation Boosts BTC Price to Nearly $46K in Strong Start to 2024
Speculation has been ramping up that regulatory approval for a U.S.-based spot bitcoin ETF is coming this week.Source
JPMorgan CEO’s Bitcoin Bashing Is a ‘Do as I Say, Not as I Do’ Situation
Jamie Dimon’s bank agreed to play a key role with BlackRock’s proposed bitcoin ETF, just weeks after he told U.S. senators: “I’ve always been deeply opposed to crypto, bitcoin, etc.”Source
BlackRock, Valkyrie Name Authorized Participants Including JPMorgan for Bitcoin ETF
BlackRock will use J.P. Morgan and Jane Street as their authorized participants. Valkyrie has also named Jane Street in addition to Cantor Fitzgerald.Source