Bitcoin | Crypto

The $11 billion Bitcoin whale made millions in profit from last week’s crypto market crash and continues betting on more downside. The $11 billion Bitcoin whale is back with another massive short position, signaling that some large investors are hedging for more crypto market downside amid the tariff concerns and ongoing government shutdown. The Bitcoin whale, which is crypto slang for a large investor, returned with a $235 million 10-times leveraged short position on Bitcoin (BTC), which is a de facto bet on the price decline of the world’s first cryptocurrency. The large investor opened the short position on Monday, when Bitcoin was trading at $111,190. He currently faces a $2.6 million unrealized loss on the short bet, which stands to be liquidated if Bitcoin’s price surpasses $112,368, according to Hypurrscan blockchain data. Read more

Bitcoin is bracing for the release of the September US Consumer Price Index (CPI) on Oct. 24, the first major data point since the federal shutdown began. Analysts at The Kobeissi Letter emphasized the importance of this update, noting that it will be the first CPI release on a Friday since January 2018 and comes […] The post Bitcoin awaits critical US CPI data for jump over $120,000 or decline to $100,000 appeared first on CryptoSlate.

Bitcoin’s biggest holders are moving billions into ETFs like BlackRock’s IBIT, signaling a new phase of institutional adoption. Large Bitcoin holders who accumulated the cryptocurrency early, commonly known as whales, are increasingly moving their holdings into exchange-traded funds (ETFs), with asset managers such as BlackRock actively courting them. In an interview with Bloomberg, Robbie Mitchnick, BlackRock’s head of digital assets, said the company has already facilitated more than $3 billion worth of these conversions into its iShares spot Bitcoin ETF (IBIT). After years of self-custody, many whales are recognizing “the convenience of being able to hold their exposure within their existing financial adviser or private-bank relationship,” Mitchnick said.  Read more

The leverage era in Bitcoin trading has faded into something more deliberate. What once resembled a perpetual motion casino now behaves more like a bond desk. Options activity has overtaken perpetuals, realized volatility has narrowed, and the largest Bitcoin fund in the world, BlackRock’s iShares Bitcoin Trust (IBIT), has become a vehicle for income strategies […] The post BlackRock’s $40B IBIT options: Is Bitcoin’s volatility now the market’s favorite income play? appeared first on CryptoSlate.

Bitcoin returned to $110,000 after bouncing at the weekend's CME futures gap, contrasting with 5.5% daily losses and a potential double top for gold. Key points: Bitcoin stays volatile into the Wall Street open with $110,000 making a reappearance. Liquidity conditions thicken around price as the 21-week moving average now important to reclaim. Read more

Bitcoin traders expect the asset to “bounce soon,” while an XRP DAT and looming ETF approvals brought bulls back out to fight: Trade Secrets. Welcome to Trade Secrets Bitcoin and Ether price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. Bitcoin is facing a critical two-month countdown before market sentiment could shift dramatically for the asset, warns crypto analyst Will Clemente. If Bitcoin doesnt catch up to gold/stocks by EOY, on a risk-adjusted basis, its going to be tougher to make a case for it going forward as anything more than a diversifier, Clemente said. Read more

Bitcoin traders expect the asset to “bounce soon,” while an XRP DAT and looming ETF approvals brought bulls back out to fight: Trade Secrets. Welcome to Trade Secrets Bitcoin and Ether price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. Bitcoin is facing a critical two-month countdown before market sentiment could shift dramatically for the asset, warns crypto analyst Will Clemente. If Bitcoin doesnt catch up to gold/stocks by EOY, on a risk-adjusted basis, its going to be tougher to make a case for it going forward as anything more than a diversifier, Clemente said. Read more

Bitcoin traders expect the asset to “bounce soon,” while an XRP DAT and looming ETF approvals brought bulls back out to fight: Trade Secrets. Welcome to Trade Secrets Bitcoin and Ether price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. Bitcoin is facing a critical two-month countdown before market sentiment could shift dramatically for the asset, warns crypto analyst Will Clemente. If Bitcoin doesnt catch up to gold/stocks by EOY, on a risk-adjusted basis, its going to be tougher to make a case for it going forward as anything more than a diversifier, Clemente said. Read more

Bitcoin traders expect the asset to “bounce soon,” while an XRP DAT and looming ETF approvals brought bulls back out to fight: Trade Secrets. Welcome to Trade Secrets Bitcoin and Ether price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. Bitcoin is facing a critical two-month countdown before market sentiment could shift dramatically for the asset, warns crypto analyst Will Clemente. If Bitcoin doesnt catch up to gold/stocks by EOY, on a risk-adjusted basis, its going to be tougher to make a case for it going forward as anything more than a diversifier, Clemente said. Read more

Bitcoin traders expect the asset to “bounce soon,” while an XRP DAT and looming ETF approvals brought bulls back out to fight: Trade Secrets. Welcome to Trade Secrets Bitcoin and Ether price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. Bitcoin is facing a critical two-month countdown before market sentiment could shift dramatically for the asset, warns crypto analyst Will Clemente. If Bitcoin doesnt catch up to gold/stocks by EOY, on a risk-adjusted basis, its going to be tougher to make a case for it going forward as anything more than a diversifier, Clemente said. Read more

Bitcoin traders expect the asset to “bounce soon,” while an XRP DAT and looming ETF approvals brought bulls back out to fight: Trade Secrets. Welcome to Trade Secrets Bitcoin and Ether price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. Bitcoin is facing a critical two-month countdown before market sentiment could shift dramatically for the asset, warns crypto analyst Will Clemente. If Bitcoin doesnt catch up to gold/stocks by EOY, on a risk-adjusted basis, its going to be tougher to make a case for it going forward as anything more than a diversifier, Clemente said. Read more

Bitcoin traders expect the asset to “bounce soon,” while an XRP DAT and looming ETF approvals brought bulls back out to fight: Trade Secrets. Welcome to Trade Secrets Bitcoin and Ether price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. Bitcoin is facing a critical two-month countdown before market sentiment could shift dramatically for the asset, warns crypto analyst Will Clemente. If Bitcoin doesnt catch up to gold/stocks by EOY, on a risk-adjusted basis, its going to be tougher to make a case for it going forward as anything more than a diversifier, Clemente said. Read more

Bitcoin traders expect the asset to “bounce soon,” while an XRP DAT and looming ETF approvals brought bulls back out to fight: Trade Secrets. Welcome to Trade Secrets Bitcoin and Ether price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. Bitcoin is facing a critical two-month countdown before market sentiment could shift dramatically for the asset, warns crypto analyst Will Clemente. If Bitcoin doesnt catch up to gold/stocks by EOY, on a risk-adjusted basis, its going to be tougher to make a case for it going forward as anything more than a diversifier, Clemente said. Read more

Bitcoin traders expect the asset to “bounce soon,” while an XRP DAT and looming ETF approvals brought bulls back out to fight: Trade Secrets. Welcome to Trade Secrets Bitcoin and Ether price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. Bitcoin is facing a critical two-month countdown before market sentiment could shift dramatically for the asset, warns crypto analyst Will Clemente. If Bitcoin doesnt catch up to gold/stocks by EOY, on a risk-adjusted basis, its going to be tougher to make a case for it going forward as anything more than a diversifier, Clemente said. Read more

Bitcoin traders expect the asset to “bounce soon,” while an XRP DAT and looming ETF approvals brought bulls back out to fight: Trade Secrets. Welcome to Trade Secrets Bitcoin and Ether price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. Bitcoin is facing a critical two-month countdown before market sentiment could shift dramatically for the asset, warns crypto analyst Will Clemente. If Bitcoin doesnt catch up to gold/stocks by EOY, on a risk-adjusted basis, its going to be tougher to make a case for it going forward as anything more than a diversifier, Clemente said. Read more

Bitcoin traders expect the asset to “bounce soon,” while an XRP DAT and looming ETF approvals brought bulls back out to fight: Trade Secrets. Welcome to Trade Secrets Bitcoin and Ether price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. Bitcoin is facing a critical two-month countdown before market sentiment could shift dramatically for the asset, warns crypto analyst Will Clemente. If Bitcoin doesnt catch up to gold/stocks by EOY, on a risk-adjusted basis, its going to be tougher to make a case for it going forward as anything more than a diversifier, Clemente said. Read more

Bitcoin traders expect the asset to “bounce soon,” while an XRP DAT and looming ETF approvals brought bulls back out to fight: Trade Secrets. Welcome to Trade Secrets Bitcoin and Ether price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. Bitcoin is facing a critical two-month countdown before market sentiment could shift dramatically for the asset, warns crypto analyst Will Clemente. If Bitcoin doesnt catch up to gold/stocks by EOY, on a risk-adjusted basis, its going to be tougher to make a case for it going forward as anything more than a diversifier, Clemente said. Read more

Bitcoin traders expect the asset to “bounce soon,” while an XRP DAT and looming ETF approvals brought bulls back out to fight: Trade Secrets. Welcome to Trade Secrets Bitcoin and Ether price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. Bitcoin is facing a critical two-month countdown before market sentiment could shift dramatically for the asset, warns crypto analyst Will Clemente. If Bitcoin doesnt catch up to gold/stocks by EOY, on a risk-adjusted basis, its going to be tougher to make a case for it going forward as anything more than a diversifier, Clemente said. Read more

Bitcoin traders expect the asset to “bounce soon,” while an XRP DAT and looming ETF approvals brought bulls back out to fight: Trade Secrets. Welcome to Trade Secrets Bitcoin and Ether price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. Bitcoin is facing a critical two-month countdown before market sentiment could shift dramatically for the asset, warns crypto analyst Will Clemente. If Bitcoin doesnt catch up to gold/stocks by EOY, on a risk-adjusted basis, its going to be tougher to make a case for it going forward as anything more than a diversifier, Clemente said. Read more

Bitcoin traders expect the asset to “bounce soon,” while an XRP DAT and looming ETF approvals brought bulls back out to fight: Trade Secrets. Welcome to Trade Secrets Bitcoin and Ether price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. Bitcoin is facing a critical two-month countdown before market sentiment could shift dramatically for the asset, warns crypto analyst Will Clemente. If Bitcoin doesnt catch up to gold/stocks by EOY, on a risk-adjusted basis, its going to be tougher to make a case for it going forward as anything more than a diversifier, Clemente said. Read more