The Commodity Futures Trading Commission (CFTC) on Monday launched a pilot program allowing select digital assets — bitcoin BTC$91,022.50, ether ETH$3,134.39 and USD Coin (USDC) or other payment stablecoins — to be used as collateral in U.S. derivatives markets. The program, announced by Acting Chairman… Read More
The Bank of Japan is preparing to raise interest rates at its December policy meeting, a shift that would lift the country’s benchmark rate to its highest level since 1995 and potentially reverberate through global risk markets, including crypto. People familiar with the matter told… Read More
By Omkar Godbole (All times ET unless indicated otherwise) Move over crypto-USD pairs. As bitcoin BTC$93,190.55 and the broader market consolidate on recent gains, this may be the ideal time to focus on cross pairs, especially the ether-bitcoin (ETH/BTC) ratio. Ether ETH$3,184.82 has gained more… Read More
This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin Bitcoin’s BTC$93,006.37 30-day implied volatility index (BVIV) has contracted sharply to 48, decisively breaking below the bullish trendline established since the September lows. This breakdown signals a dissipation of… Read More
Bitcoin BTC$91,986.14 bounced back on Tuesday, gaining about 6% over the last 24 hours after a sharp sell-off to start the week. The rebound helped drive heavy activity in crypto-related exchange-traded funds (ETFs), especially BlackRock’s iShares Bitcoin Trust (IBIT), which was among the most-traded ETFs… Read More
Bitcoin BTC$86,563.37 traders are increasingly taking defensive positions, bracing for a potential price drop below $80,000 in the new year. “Skew’s sharp step lower shows traders stacking puts, especially into the December 26 expiry, where open interest has concentrated at the $84K and $80K strikes,”… Read More
