Cryptocurrency news

Bitcoin (BTC) $ 104,525.00
Ethereum (ETH) $ 2,538.70
Tether (USDT) $ 1.00
XRP (XRP) $ 2.19
BNB (BNB) $ 657.31
Solana (SOL) $ 156.45
USDC (USDC) $ 0.999814
Dogecoin (DOGE) $ 0.192637
TRON (TRX) $ 0.265805
Cardano (ADA) $ 0.685827
Lido Staked Ether (STETH) $ 2,537.45
Wrapped Bitcoin (WBTC) $ 104,537.00
Hyperliquid (HYPE) $ 32.83
Sui (SUI) $ 3.25
Wrapped stETH (WSTETH) $ 3,053.93
Chainlink (LINK) $ 14.08
Avalanche (AVAX) $ 20.85
Bitcoin Cash (BCH) $ 418.46
Stellar (XLM) $ 0.266234
LEO Token (LEO) $ 8.61
Toncoin (TON) $ 3.13
Shiba Inu (SHIB) $ 0.000013
USDS (USDS) $ 0.999785
Hedera (HBAR) $ 0.167985
WETH (WETH) $ 2,537.53
Litecoin (LTC) $ 87.32
Wrapped eETH (WEETH) $ 2,710.64
Polkadot (DOT) $ 4.09
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999190
Monero (XMR) $ 323.89
Bitget Token (BGB) $ 4.73
Ethena USDe (USDE) $ 1.00
Pepe (PEPE) $ 0.000012
Pi Network (PI) $ 0.651281
Coinbase Wrapped BTC (CBBTC) $ 104,494.00
WhiteBIT Coin (WBT) $ 31.25
Dai (DAI) $ 0.999838
Aave (AAVE) $ 251.83
Bittensor (TAO) $ 427.83
Uniswap (UNI) $ 6.11
Cronos (CRO) $ 0.108074
Ethena Staked USDe (SUSDE) $ 1.18
OKB (OKB) $ 50.40
Aptos (APT) $ 4.73
Jito Staked SOL (JITOSOL) $ 188.58
NEAR Protocol (NEAR) $ 2.42
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
Ondo (ONDO) $ 0.833718
Tokenize Xchange (TKX) $ 32.71
Internet Computer (ICP) $ 4.89
Ethereum Classic (ETC) $ 17.03
sUSDS (SUSDS) $ 1.05
Gate (GT) $ 19.25
Official Trump (TRUMP) $ 11.28
Mantle (MNT) $ 0.670525
Kaspa (KAS) $ 0.084770
USD1 (USD1) $ 0.999155
VeChain (VET) $ 0.024228
Render (RENDER) $ 3.87
Artificial Superintelligence Alliance (FET) $ 0.758747
Cosmos Hub (ATOM) $ 4.34
Lombard Staked BTC (LBTC) $ 104,344.00
POL (ex-MATIC) (POL) $ 0.214084
Fasttoken (FTN) $ 4.43
Ethena (ENA) $ 0.305821
Worldcoin (WLD) $ 1.14
Filecoin (FIL) $ 2.57
Algorand (ALGO) $ 0.195479
Arbitrum (ARB) $ 0.342407
First Digital USD (FDUSD) $ 0.999397
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.44
Binance-Peg WETH (WETH) $ 2,533.66
Jupiter (JUP) $ 0.527270
Celestia (TIA) $ 2.21
KuCoin (KCS) $ 11.27
Binance Staked SOL (BNSOL) $ 164.66
Virtuals Protocol (VIRTUAL) $ 2.09
USDT0 (USDT0) $ 1.00
Bonk (BONK) $ 0.000017
Sonic (S) $ 0.393651
NEXO (NEXO) $ 1.23
Rocket Pool ETH (RETH) $ 2,886.51
Injective (INJ) $ 12.15
Kelp DAO Restaked ETH (RSETH) $ 2,649.35
Story (IP) $ 4.12
Stacks (STX) $ 0.744653
Flare (FLR) $ 0.017332
Optimism (OP) $ 0.651238
Fartcoin (FARTCOIN) $ 1.09
Sei (SEI) $ 0.193411
Immutable (IMX) $ 0.552168
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 0.997881
XDC Network (XDC) $ 0.060790
Solv Protocol BTC (SOLVBTC) $ 104,533.00
EOS (EOS) $ 0.648397
SPX6900 (SPX) $ 1.03
Mantle Staked Ether (METH) $ 2,703.13
The Graph (GRT) $ 0.095175
PayPal USD (PYUSD) $ 0.999385
Curve DAO (CRV) $ 0.667305
Maker (MKR) $ 1,576.50
Arbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 104,367.00
Polygon Bridged USDT (Polygon) (USDT) $ 1.00
Wrapped BNB (WBNB) $ 656.38
StakeWise Staked ETH (OSETH) $ 2,657.66
dogwifhat (WIF) $ 0.848210
Renzo Restaked ETH (EZETH) $ 2,665.60
Jupiter Staked SOL (JUPSOL) $ 173.99
FLOKI (FLOKI) $ 0.000085
clBTC (CLBTC) $ 105,194.00
Tether Gold (XAUT) $ 3,292.88
DeXe (DEXE) $ 14.19
Zcash (ZEC) $ 49.85
PAX Gold (PAXG) $ 3,299.64
Lido DAO (LDO) $ 0.853730
Theta Network (THETA) $ 0.757732
JasmyCoin (JASMY) $ 0.015417
GALA (GALA) $ 0.016648
Marinade Staked SOL (MSOL) $ 202.88
PancakeSwap (CAKE) $ 2.28
Raydium (RAY) $ 2.52
Core (CORE) $ 0.705757
Ethereum Name Service (ENS) $ 20.91
IOTA (IOTA) $ 0.180978
Pyth Network (PYTH) $ 0.117564
BitTorrent (BTT) $ 0.00000069
Stables Labs USDX (USDX) $ 0.999975
OUSG (OUSG) $ 111.26
Bitcoin SV (BSV) $ 33.51
The Sandbox (SAND) $ 0.272236
Solv Protocol Staked BTC (XSOLVBTC) $ 104,156.00
Pendle (PENDLE) $ 4.03
Walrus (WAL) $ 0.492900
Pudgy Penguins (PENGU) $ 0.010144
Usual USD (USD0) $ 0.997578
Kaia (KAIA) $ 0.105721
Polyhedra Network (ZKJ) $ 2.01
Tezos (XTZ) $ 0.569531
Helium (HNT) $ 3.22
THORChain (RUNE) $ 1.66
Ondo US Dollar Yield (USDY) $ 1.08
Flow (FLOW) $ 0.365472
L2 Standard Bridged WETH (Base) (WETH) $ 2,535.37
Jito (JTO) $ 1.68
Super OETH (SUPEROETH) $ 2,537.11
Ket (KET) $ 0.550428
Saros (SAROS) $ 0.208954
Onyxcoin (XCN) $ 0.016072
Brett (BRETT) $ 0.053938
cgETH Hashkey Cloud (CGETH.HASH) $ 2,632.75
Mantle Restaked ETH (CMETH) $ 2,703.10
Decentraland (MANA) $ 0.274154
Grass (GRASS) $ 1.79
SyrupUSDC (SYRUPUSDC) $ 1.10
Avalanche Bridged BTC (Avalanche) (BTC.B) $ 104,515.00
Zebec Network (ZBCN) $ 0.006197
Arbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,537.56
TrueUSD (TUSD) $ 0.998935
Binance-Peg Dogecoin (DOGE) $ 0.192540
ApeCoin (APE) $ 0.607506
KAITO (KAITO) $ 1.99
tBTC (TBTC) $ 104,496.00
Bridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999759
Beldex (BDX) $ 0.064428
Kava (KAVA) $ 0.418506
AIOZ Network (AIOZ) $ 0.385808
Dog (Bitcoin) (DOG) $ 0.004506
Falcon USD (USDF) $ 0.999731
Aethir (ATH) $ 0.048193
MultiversX (EGLD) $ 15.36
Aerodrome Finance (AERO) $ 0.522300
Wrapped HYPE (WHYPE) $ 32.80
dYdX (DYDX) $ 0.546398
Starknet (STRK) $ 0.134442
Arweave (AR) $ 6.38
NEO (NEO) $ 5.91
APENFT (NFT) $ 0.00000042
pumpBTC (PUMPBTC) $ 101,485.00
Reserve Rights (RSR) $ 0.007221
eCash (XEC) $ 0.000021
Eigenlayer (EIGEN) $ 1.36
Axie Infinity (AXS) $ 2.53
Circle USYC (USYC) $ 1.09
USDB (USDB) $ 0.995642
MimbleWimbleCoin (MWC) $ 35.87
BUILDon (B) $ 0.392455
Mantle Bridged USDT (Mantle) (USDT) $ 0.998115
Ronin (RON) $ 0.597956
Conflux (CFX) $ 0.076644
ether.fi Staked ETH (EETH) $ 2,526.92
Liquid Staked ETH (LSETH) $ 2,740.99
Ether.fi (ETHFI) $ 1.16
USDD (USDD) $ 1.00
Chiliz (CHZ) $ 0.039011
Stader ETHx (ETHX) $ 2,691.49
DeepBook (DEEP) $ 0.148013
Telcoin (TEL) $ 0.004004
Maple Finance (SYRUP) $ 0.341636
Compound (COMP) $ 40.42
Livepeer (LPT) $ 8.87

IBIT trading options launch, Bitcoin tap new all-time high $94k

By admin On Nov 20, 2024

BlackRock, the largest asset management in the world, officially launched iShares Bitcoin Trust ETF (IBIT) for options trading in Nasdaq, while Bitcoin (BTC) hit an all-time high of $94,041.

Since the Securities and Exchange Commission (SEC) approved Bitcoin ETF trading options in September, IBIT is the first crypto product to reach the final clearing steps in the past four days and was approved on Nov. 18. Now, IBIT goes live on the U.S. stock market.

According to Bloomberg Intelligence ETF analyst James Seyffart, in his X’s post on Nov. 19, there are 289,000 call options and 65,000 put options in a day of trading. Meaning that the bet on price increases and expects the Bitcoin price to rise.

The notional exposure through the total options of 354,000 is $1.9 billion, which indicates that this crypto product’s level of market interest is relatively high. Seyffart also noted that this market move boosted the Bitcoin price to hit a new all-time high of $94,041 today.

He also mentioned that the ratio of the trading options is 4.4:1, demonstrating a strong signal from the traders about their optimism about future trading.

Another Bloomberg ETF analyst, Eric Balchunas, in his X’s post, compares IBIT with another product released product from two decades ago, SPDR gold trust (GLD), which trades for $5 billion today.

Another yet to come following IBIT

After the IBIT trading options start, the market still awaits the approval of another Bitcoin ETF trading option. Bitwise Bitcoin ETF (BITB) was also the most expected Bitcoin ETF trading option to launch this week.

This trading option is one of the most important milestones for the crypto industry since it would bring a new level of sophisticated trading. The traders could also ride these waves by watching the institutional holding and speculating on the price movement without investing in a large number.

1 Day BTC price chart, September 4 – November 20, 2024 | Source: crypto.news

Bitcoin price hit a new all-time high of $94,041 after the trading option launched in the U.S. The trading volume rises to $85 billion, and market capitalizations rise to $1.8 trillion.

admin 9474 posts 0 comments

Prev Post

XRP Price Prediction For November 20

Next Post

Kalshi bettors favor Brian Brooks as SEC Chair under Trump 2.0

Leave A Reply