Thursday, July 31, 2025
Coin Insights
No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    CryptoPunks Floor Price Hits 3-Year High of $208,000

    CryptoPunks Floor Price Hits 3-Year High of $208,000

    NFT sales surge to $574 million in July, second-highest in 2025

    NFT sales surge to $574 million in July, second-highest in 2025

    Crypto Scammer Gets Prison Time for Swiping NFTs, Coins via Hacked X Accounts

    Crypto Scammer Gets Prison Time for Swiping NFTs, Coins via Hacked X Accounts

    CryptoPunks price surges to $200k, $PUNKS loaner Gondi accused of facilitating chandelier bids

    CryptoPunks price surges to $200k, $PUNKS loaner Gondi accused of facilitating chandelier bids

    You Can Now Buy NBA Top Shot NFTs From Vending Machines in Japan

    You Can Now Buy NBA Top Shot NFTs From Vending Machines in Japan

    Still Loving My ‘If It Went to Zero’ NFT

    Still Loving My ‘If It Went to Zero’ NFT

    Ordinals soar on the back of Bitcoin art – Here are our top 7 picks

    Ordinals soar on the back of Bitcoin art – Here are our top 7 picks

    NFT sales skyrocket 40% to $221m, CryptoPunks jump 590%

    NFT sales skyrocket 40% to $221m, CryptoPunks jump 590%

    CryptoPunks and Pudgy Penguins Secure Top Positions

    CryptoPunks and Pudgy Penguins Secure Top Positions

  • Gaming
    This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes

    This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes

    NFTs at Your Fingertips: Inside Japan’s NFT Vending Machine Trend

    NFTs at Your Fingertips: Inside Japan’s NFT Vending Machine Trend

    PEPE GAMES Integrates with GaFin to Power the Meme Gaming Hub

    PEPE GAMES Integrates with GaFin to Power the Meme Gaming Hub

    A Pressure Group Forced Steam to Remove Adult Games. It’s Coming After Crypto Next

    A Pressure Group Forced Steam to Remove Adult Games. It’s Coming After Crypto Next

    NFTs Stage a Summer Comeback: Blue-Chips Reclaim Spotlight in July Rally

    NFTs Stage a Summer Comeback: Blue-Chips Reclaim Spotlight in July Rally

    On-Chain Games Don’t Have a ‘Secret Sauce,’ YGG’s New Advisor Says

    On-Chain Games Don’t Have a ‘Secret Sauce,’ YGG’s New Advisor Says

    Top 5 Gaming Blockchains Set to Explode in the Next Bull Run

    Top 5 Gaming Blockchains Set to Explode in the Next Bull Run

    Off the Grid Skin Sale Volume Hits $30K as the Avalanche Shooter Hits OpenSea

    Off the Grid Skin Sale Volume Hits $30K as the Avalanche Shooter Hits OpenSea

    Octo Gaming Teams Up with Starknet for Exclusive Rollup-Powered Game Launch

    Octo Gaming Teams Up with Starknet for Exclusive Rollup-Powered Game Launch

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    Think Your Cold Wallet Is Safe? Not If You Make These 7 Mistakes

    Think Your Cold Wallet Is Safe? Not If You Make These 7 Mistakes

    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

    What Is Copy Trading in Crypto? A Beginner’s Guide

    What Is Copy Trading in Crypto? A Beginner’s Guide

    A Step-by-Step Guide for Risk-Takers

    A Step-by-Step Guide for Risk-Takers

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    How It Works and What to Watch Out For

    How It Works and What to Watch Out For

    Crypto Risk Management Strategies for Trading (2025)

    Crypto Risk Management Strategies for Trading (2025)

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is DeFi Staking? Everything You Need to Know

    What is Dollar-Cost Averaging (DCA) in Crypto? A Beginner’s Guide

    What is Dollar-Cost Averaging (DCA) in Crypto? A Beginner’s Guide

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    CryptoPunks Floor Price Hits 3-Year High of $208,000

    CryptoPunks Floor Price Hits 3-Year High of $208,000

    NFT sales surge to $574 million in July, second-highest in 2025

    NFT sales surge to $574 million in July, second-highest in 2025

    Crypto Scammer Gets Prison Time for Swiping NFTs, Coins via Hacked X Accounts

    Crypto Scammer Gets Prison Time for Swiping NFTs, Coins via Hacked X Accounts

    CryptoPunks price surges to $200k, $PUNKS loaner Gondi accused of facilitating chandelier bids

    CryptoPunks price surges to $200k, $PUNKS loaner Gondi accused of facilitating chandelier bids

    You Can Now Buy NBA Top Shot NFTs From Vending Machines in Japan

    You Can Now Buy NBA Top Shot NFTs From Vending Machines in Japan

    Still Loving My ‘If It Went to Zero’ NFT

    Still Loving My ‘If It Went to Zero’ NFT

    Ordinals soar on the back of Bitcoin art – Here are our top 7 picks

    Ordinals soar on the back of Bitcoin art – Here are our top 7 picks

    NFT sales skyrocket 40% to $221m, CryptoPunks jump 590%

    NFT sales skyrocket 40% to $221m, CryptoPunks jump 590%

    CryptoPunks and Pudgy Penguins Secure Top Positions

    CryptoPunks and Pudgy Penguins Secure Top Positions

  • Gaming
    This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes

    This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes

    NFTs at Your Fingertips: Inside Japan’s NFT Vending Machine Trend

    NFTs at Your Fingertips: Inside Japan’s NFT Vending Machine Trend

    PEPE GAMES Integrates with GaFin to Power the Meme Gaming Hub

    PEPE GAMES Integrates with GaFin to Power the Meme Gaming Hub

    A Pressure Group Forced Steam to Remove Adult Games. It’s Coming After Crypto Next

    A Pressure Group Forced Steam to Remove Adult Games. It’s Coming After Crypto Next

    NFTs Stage a Summer Comeback: Blue-Chips Reclaim Spotlight in July Rally

    NFTs Stage a Summer Comeback: Blue-Chips Reclaim Spotlight in July Rally

    On-Chain Games Don’t Have a ‘Secret Sauce,’ YGG’s New Advisor Says

    On-Chain Games Don’t Have a ‘Secret Sauce,’ YGG’s New Advisor Says

    Top 5 Gaming Blockchains Set to Explode in the Next Bull Run

    Top 5 Gaming Blockchains Set to Explode in the Next Bull Run

    Off the Grid Skin Sale Volume Hits $30K as the Avalanche Shooter Hits OpenSea

    Off the Grid Skin Sale Volume Hits $30K as the Avalanche Shooter Hits OpenSea

    Octo Gaming Teams Up with Starknet for Exclusive Rollup-Powered Game Launch

    Octo Gaming Teams Up with Starknet for Exclusive Rollup-Powered Game Launch

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    Think Your Cold Wallet Is Safe? Not If You Make These 7 Mistakes

    Think Your Cold Wallet Is Safe? Not If You Make These 7 Mistakes

    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

    What Is Copy Trading in Crypto? A Beginner’s Guide

    What Is Copy Trading in Crypto? A Beginner’s Guide

    A Step-by-Step Guide for Risk-Takers

    A Step-by-Step Guide for Risk-Takers

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    How It Works and What to Watch Out For

    How It Works and What to Watch Out For

    Crypto Risk Management Strategies for Trading (2025)

    Crypto Risk Management Strategies for Trading (2025)

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is DeFi Staking? Everything You Need to Know

    What is Dollar-Cost Averaging (DCA) in Crypto? A Beginner’s Guide

    What is Dollar-Cost Averaging (DCA) in Crypto? A Beginner’s Guide

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
No Result
View All Result
Coin Insights
No Result
View All Result
Home Bitcoin

How Bitcoin ETFs can slingshot BTC to $45K

December 5, 2023
in Bitcoin
26
How Bitcoin ETFs can slingshot BTC to $45K
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter
  • Bitcoin inspired hope in the market as it crossed the $40k mark. 
  • Trader activity reached new highs.

Optimism around Bitcoin [BTC] has been at an all-time high as BTC crossed $40,000. The surge in BTC’s price has caused institutional investors to get even more eager in their pursuit of BTC’s ETF.

Its ETF season

According to Bloomberg analyst James Seyffart, BlackRock has resubmitted a modified document for a Bitcoin spot ETF (ETFS-1) to the US SEC.

The SEC has reportedly given similar instructions to multiple issuers, including Bitwise, which previously submitted a second revised S-1 document.

This indicates concerted efforts between the SEC and these issuers to address and resolve outstanding issues.

The increased accessibility might drive more people to invest in Bitcoin. It could potentially impact its demand and value positively as well.

UPDATE: They’re just pouring in. We have another spot #Bitcoin ETF S-1 (prospectus) amendment tonight. This one is from @BlackRock. SEC is obviously giving multiple issuers the same or very similar instructions. pic.twitter.com/nk1yImZpXk

— James Seyffart (@JSeyff) December 4, 2023

Coupled with that, Open Interest in BTC was also rising.

Traders go all in

Open interest in bitcoin perpetual futures on Deribit has hit a yearly peak at $740 million, a level last observed in November 2021 during bitcoin’s all-time high above $68,000. Additionally, CME’s bitcoin long open interest has reached an all-time high of $2.2 billion.

The surge in open interest for bitcoin futures on Deribit and CME can significantly impact Bitcoin.

When more people show interest in trading these futures, it suggests a growing demand for Bitcoin. This heightened interest often leads to increased trading activity, potentially influencing the cryptocurrency’s price.

See also  Bitcoin ETFs see $1B in inflows: Will BTC hit $74K now?

With Deribit’s open interest hitting a yearly high and CME’s bitcoin long open interest reaching an all-time high, it indicates a strong positive sentiment and confidence among investors.

More trading and higher demand could contribute to upward price movements for Bitcoin, as seen historically during peaks in open interest.

BTC looking like a hedge

Another factor that could make people hopeful about BTC would be it losing its co-relation with S&P 500.

When Bitcoin and the S&P 500 move independently, it means Bitcoin’s value isn’t solely tied to traditional stock market trends. This independence is crucial because it indicates that Bitcoin is evolving into a mature asset class.

Investors often seek assets that don’t necessarily mirror traditional markets. Bitcoin’s detachment from the S&P 500 suggests it’s gaining its own identity as a store of value and a hedge against fiat.

#Bitcoin entered a negative correlation with the S&P 500. It’s not a tech stock anymore. It’s the digital gold.

h/t @jjcmoreno pic.twitter.com/AnxIdGCG4O

— Ki Young Ju (@ki_young_ju) December 4, 2023

Is $45k on the way?

Due to this surge in hope amongst holders, many expect BTC could reach $45,000.

The $45k mark holds immense significance for Bitcoin’s medium-term investors. As Bitcoin recently climbed from $35k to around $42k, attention is shifting to the next resistance level, which is $45k.

This level is crucial not just technically but also for a substantial group of Bitcoin holders who acquired their holdings 2 to 3 years ago. Representing 16% of the active supply, this cohort of medium-term investors has a significant influence on market dynamics.

See also  Bitcoin: Will sell pressure hinder BTC's growth?

Their decisions, particularly as the price nears or surpasses their $45k break-even point, could bring about notable shifts in market sentiment.

Monitoring their activity on exchanges provides valuable insights into potential market movements around this pivotal price level, shaping Bitcoin’s trajectory in the medium term.

The $45k Threshold: A Turning Point for Bitcoin’s Medium-Term Investors

“The $45k mark is pivotal as it represents the cost basis for investors who acquired Bitcoin 2 to 3 years ago. This cohort holds 16% of Supply and represents 33% of Realized Cap.”
Quicktake Post by Gustavo… pic.twitter.com/xo4rAoeo92

— CryptoQuant.com (@cryptoquant_com) December 5, 2023


Read Bitcoin’s [BTC] Price Prediction 2023-2024


At press time BTC was trading at $41,520.55 and its price had grown by 0.05% in the last 24 hours.

The volume at which it was being traded had surged during this period as well. Only time will tell whether the bullish hypothesis for BTC comes to life going forward.

Source: Santiment

 

READ ALSO

Bitcoin nears $91K as buying pressure soars, but challenges emerge

Spot Bitcoin ETF Options – How U.S exposure is set to soar after CFTC’s notice

Tags: 45KBitcoinBTCETFsslingshot

Related Posts

Bitcoin must pass $63.2k soon, for THIS vital reason
Bitcoin

Bitcoin nears $91K as buying pressure soars, but challenges emerge

November 17, 2024
Spot Bitcoin ETF Options – How U.S exposure is set to soar after CFTC’s notice
Bitcoin

Spot Bitcoin ETF Options – How U.S exposure is set to soar after CFTC’s notice

November 17, 2024
FLOKI’s price profits from Coinbase hype, but here’s why all’s not done just yet
Bitcoin

FLOKI’s price profits from Coinbase hype, but here’s why all’s not done just yet

November 17, 2024
Bitcoin – Here’s what its new ‘5-year low’ means for BTC’s run to $100K
Bitcoin

Bitcoin – Here’s what its new ‘5-year low’ means for BTC’s run to $100K

November 16, 2024
Will miner selling pressure be Bitcoin’s hurdle to $100K?
Bitcoin

Will miner selling pressure be Bitcoin’s hurdle to $100K?

November 16, 2024
Bitcoin above $90K – $5.42 billion in profits despite rising sell pressure means…
Bitcoin

Bitcoin above $90K – $5.42 billion in profits despite rising sell pressure means…

November 16, 2024
Next Post
Bitcoin miner Phoenix Group makes $2.47B trading debut in Abu Dhabi rising 50%

Bitcoin miner Phoenix Group makes $2.47B trading debut in Abu Dhabi rising 50%

Comments 26

  1. tp427 says:
    2 months ago

    where to get cheap clomiphene no prescription get cheap clomid for sale how to get clomiphene without prescription can i buy generic clomiphene no prescription how to buy cheap clomid withou cost of cheap clomiphene pills cost generic clomiphene without a prescription

    Reply
  2. buy cialis ebay says:
    2 months ago

    This website absolutely has all of the information and facts I needed to this subject and didn’t identify who to ask.

    Reply
  3. generic metronidazole says:
    2 months ago

    I’ll certainly return to skim more.

    Reply
  4. ik9ge says:
    2 months ago

    azithromycin 500mg canada – flagyl oral flagyl 400mg canada

    Reply
  5. f8riu says:
    2 months ago

    order semaglutide 14mg for sale – buy cyproheptadine 4mg generic buy periactin without a prescription

    Reply
  6. 7s03w says:
    2 months ago

    domperidone brand – order tetracycline 250mg pill buy cyclobenzaprine

    Reply
  7. kc63i says:
    1 month ago

    order inderal 20mg for sale – buy inderal no prescription methotrexate 10mg usa

    Reply
  8. iy1x3 says:
    1 month ago

    amoxicillin over the counter – buy diovan online combivent online buy

    Reply
  9. rmo02 says:
    1 month ago

    azithromycin brand – where to buy bystolic without a prescription order bystolic 20mg pill

    Reply
  10. 695yx says:
    1 month ago

    amoxiclav without prescription – atbio info acillin canada

    Reply
  11. edobf says:
    1 month ago

    nexium buy online – https://anexamate.com/ order esomeprazole 40mg

    Reply
  12. k5cxt says:
    1 month ago

    buy warfarin – blood thinner hyzaar cheap

    Reply
  13. 9bnby says:
    1 month ago

    mobic 7.5mg cost – https://moboxsin.com/ buy meloxicam 7.5mg pills

    Reply
  14. slwl1 says:
    4 weeks ago

    buy deltasone 10mg online cheap – aprep lson buy cheap generic prednisone

    Reply
  15. arjxo says:
    4 weeks ago

    ed pills for sale – best male ed pills top ed drugs

    Reply
  16. 12ifc says:
    4 weeks ago

    buy amoxicillin online – https://combamoxi.com/ purchase amoxicillin pills

    Reply
  17. i3yg8 says:
    3 weeks ago

    fluconazole order online – https://gpdifluca.com/ order forcan for sale

    Reply
  18. 8zx4m says:
    3 weeks ago

    cenforce 100mg tablet – buy cenforce online purchase cenforce for sale

    Reply
  19. yvc9k says:
    3 weeks ago

    best place to buy tadalafil online – https://ciltadgn.com/# buy cheapest cialis

    Reply
  20. vbp6w says:
    2 weeks ago

    tadalafil without a doctor’s prescription – mantra 10 tadalafil tablets cialis generic overnite shipping

    Reply
  21. Connielet says:
    2 weeks ago

    ranitidine order – https://aranitidine.com/# purchase zantac online cheap

    Reply
  22. 9zj7m says:
    2 weeks ago

    buy viagra nigeria – https://strongvpls.com/# buy 50 mg viagra online

    Reply
  23. Connielet says:
    2 weeks ago

    Thanks an eye to sharing. It’s first quality. accutane para la ansiedad

    Reply
  24. n3bke says:
    2 weeks ago

    Thanks for putting this up. It’s understandably done. azithromycin price

    Reply
  25. Connielet says:
    2 weeks ago

    Thanks an eye to sharing. It’s top quality. https://ursxdol.com/furosemide-diuretic/

    Reply
  26. 1ku6c says:
    1 week ago

    This is the description of topic I have reading. https://aranitidine.com/fr/acheter-cialis-5mg/

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

October 28, 2023
Tezos 2023 Outlook: An Overview of Tezos (XTZ)

Tezos 2023 Outlook: An Overview of Tezos (XTZ)

November 2, 2023
UK risks regulating NFTs the wrong way, says Mintable CEO

UK risks regulating NFTs the wrong way, says Mintable CEO

October 30, 2023
How to Earn Keys to Boost Your HMSTR Airdrop

How to Earn Keys to Boost Your HMSTR Airdrop

September 10, 2024
Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

August 3, 2024

Don't miss a single story

Subscribe to our free Newsletter

EDITOR'S PICK

To Advance EV Adoption, PowerPod Joins peaq to Unlock Private Charging Networks

To Advance EV Adoption, PowerPod Joins peaq to Unlock Private Charging Networks

February 14, 2024
Shiba Inu Lead Gives Shoutout to This New Shibarium Partner

Shiba Inu Lead Gives Shoutout to This New Shibarium Partner

January 3, 2025
Miners sold more Bitcoin than minted in October 

Miners sold more Bitcoin than minted in October 

November 8, 2023
AI Video Is Here! (Here’s What That Means for Blockchain Tech)

AI Video Is Here! (Here’s What That Means for Blockchain Tech)

February 16, 2024

About

Dive into the world of cryptocurrency. Our news site offers insights, trends, and updates to guide your journey into the realm of digital finance.

Follow us

Categories

  • AI
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • DeFi
  • Ethereum
  • Gaming
  • Guides
  • Metaverse
  • Mining
  • NFT
  • Other
  • Web 3

Recent Posts

  • This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes
  • CryptoPunks Floor Price Hits 3-Year High of $208,000
  • Auradine Shipped $73M Worth of Bitcoin Miners to MARA in H1 2025

Newsletter

Don't miss a single story

Subscribe to our free Newsletter

  • Contact
  • Disclosure
  • Privacy Policy
  • Terms & conditions

© 2023 Coininsights.com - All rights reserved.

No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
  • Metaverse
  • NFT
  • Gaming
  • Blockchain
  • AI
  • Guides
  • Analysis
  • Coin Marketcaps

© 2023 Coininsights.com - All rights reserved.