BlackRock’s Bitcoin ETF is currently the largest venue for BTC options trading, reaching a whopping $38 billion in open interest. The product surpassed Deribit, a derivatives exchange owned by Coinbase, to achieve this goal. This record could serve as a bullish data point for crypto ETFs, as IBIT was better-equipped to deal with setbacks last
Cryptocurrency markets staged a strong recovery on the second day of the partial government shutdown in the US. Bitcoin Surpasses $121,000, Ethereum Hits Three-Week High Bitcoin (BTC) surpassed $121,000 on Thursday, hitting its highest level since August 14. Ethereum (ETH) reached a three-week high, trading above $4,500. The U.S. government officially shut down on October
Bitcoin has achieved another remarkable feat, with the cryptocurrency giant surpassing the $120,000 mark and pushing its market capitalization above $2.4 trillion, according to MarketCap data. Bitcoin Surpasses Amazon, Rising to 7th Place in Global Asset Rankings With this development, Bitcoin surpassed Amazon, which has a market value of $2.371 trillion, and rose to 7th
Bitcoin demand has been quietly expanding since July, setting the stage for what could be another late-year rally to over $200,000 Apparent demand has grown at a rate of roughly 62,000 BTC per month, according to CryptoQuant, a backdrop similar to Q4 of 2020, 2021 and 2024 when prices staged sharp moves higher. Sustained growth
Bitcoin surged past $120,000 on October 3 following the US federal government’s partial shutdown earlier this week. Investors sought safety in digital assets and gold, highlighting Bitcoin’s position as an alternative store of value when traditional systems falter. Just one day earlier, Cardano founder Charles Hoskinson predicted Bitcoin could reach $250,000 by mid-2026, citing geopolitical
The time for optimistic predictions about the Bitcoin price reaching a new record is swiftly running out. Many analysts initially predicted that the market’s leading cryptocurrency would achieve a milestone of $200,000 this year. However, as time progresses, these forecasts are being adjusted, with some traders on crypto prediction platforms lowering their price targets. Despite
Bitcoin edged higher today, breaching the key $119,000 mark, after a string of steady sessions, lifting prices above recent ranges and drawing fresh attention from big investors. According to Coinglass data, BTC rose about 2.50% in the last 24 hours, and is up 8% over the last seven days. Trading activity and inflows are being
Bitcoin has broken above the key $120,000 level for the first time since August. The rally is fueled by renewed optimism about macroeconomic tailwinds. BTC futures open interest has hit a record high of $32.6 billion. The bulls are back in charge. Bitcoin has shattered the critical $120,000 resistance level, surging to a height not
A cryptocurrency analyst has pointed out how Bitcoin could target $139,000 next, according to this on-chain pricing bands model. Bitcoin Has Broken Past 0.5 SD MVRV Deviation Band In a new post on X, analyst Ali Martinez has talked about where Bitcoin may be heading next based on the MVRV Extreme Deviation Pricing Bands. This
Donald Trump Jr. told a jam-packed conference room at Token 2049 in Singapore how the media’s unfair treatment of his family had spurred them to create alternative forms of channeling attention and engagement. Trump, the son of U.S. President Donald Trump and co-founder of World Liberty Financial, said that the crypto project resulted from the