Crypto Blog
Crypto markets have declined slightly this week as sentiment wanes in the wake of last week’s US Securities and Exchange Commission’s approval of spot Ethereum exchange-traded funds.
There is lots of open interest, or contracts that have yet to expire, at long positions, including strike prices at $70,000, $75,000, $80,000, and even $100,000, where OI is $886 million. Additionally, Ethereum futures aggregated open interest has been hovering near all-time high levels this week at around $17 billion, driven by speculation around the spot ETF decision.Spot markets rarely react to options expiry events, but today’s one is a biggie. Total capitalization has remained relatively flat on the day at $2.68 trillion. In fact, crypto markets have moved very little over the past 12 days or so.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Crypto Markets Lost Over $200B as BTC Dumps to $57K Ahead of FOMC Meeting (Market Watch)Crypto Blog
Read more »
JPMorgan maintains 'cautious' stance on crypto markets over the near termJPMorgan maintains a 'cautious' stance on crypto in the near term due to a lack of positive catalysts and declining retail investor interest.
Read more »
Will Crypto Markets Keep Climbing on This Week’s Economic Data?Crypto Blog
Read more »
Robinhood Markets receives SEC notice for alleged securities violations at crypto unitRobinhood Markets Inc. has received a notice from the Securities and Exchange Commission about alleged securities violations at its crypto division. The company said in a regulatory filing that it received investigative subpoenas from the SEC about issues including cryptocurrency listings, custody of cryptocurrencies, and platform operations.
Read more »
Crypto Markets Lost $60 Billion as Bitcoin (BTC) Dropped by $3K (Market Watch)Crypto Blog
Read more »
Crypto Principal Trader Arbelos Markets Raises $28M Led by Dragonfly CapitalKrisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.
Read more »