Bitcoin’s Implied Volatility Surpasses Ethereum for 20 Consecutive Days: A Macro Asset in Focus
Bitcoin (BTC) has consistently exhibited higher implied volatility than Ethereum (ETH) for a record-breaking 20 consecutive days, as per Deribit's 30-day implied volatility index. This ongoing trend marks the longest period of BTC's implied volatility surpassing ETH since the indices were introduced ...
SEC’s Delay in Approving Bitcoin ETFs Puts Pressure on BTC Price
The delay by the U.S. Securities and Exchange Commission (SEC) in approving the first Bitcoin exchange-traded fund (ETF) is putting pressure on the Bitcoin price. This uncertainty has led to increased bearish pressure in the market, with Bitcoin failing to hold above $27,200. Several major player ...
Hedge Fund Insights: ARK Invest’s 2023 Economic Analysis and Cryptocurrency Outlook
2023 has been a whipsaw year for investor sentiment and even though equities markets have defied expectations, a recent report from ARK Invest highlights reasons why the remainder of 2023 could present several economic challenges. ARK manages $13.9 billion in assets, and its CEO, Cathie Wood, is ...
Hashdex Enters Competition for Bitcoin ETF Spot with Unique Approach
Hashdex, a crypto asset management company, has joined the competition for a spot Bitcoin (BTC) ETF in the United States. The firm, known for its global leadership in crypto asset management, has submitted an application to the U.S. Securities and Exchange Commission (SEC) for a Bitcoin futures E ...
Mysterious Bitcoin Wallet Accumulates $3 Billion in 3 Months: BlackRock Connection?
A mysterious Bitcoin wallet has surged up the ranks to become the third-largest holder of Bitcoin (BTC) in the world in just over three months, with the timing sparking some wild theories about its owner. According to data from crypto statistics platform BitInfoCharts, the wallet address first re ...
Bitcoin ETF Approval Could Propel BTC to $150,000: Mark Yusko’s Bullish Forecast
Mark Yusko, CEO of investment firm Morgan Creek Capital, suggested that if a spot bitcoin ETF is approved in the U.S., the BTC exchange rate would rise to $150,000 by the middle of next year. During an interview with Kitco News, Mark Yusko said that the crypto community is excited about the possi ...