Will Clemente: Bitcoin options holdings hit record high, exceeding $16 billion
Will Clemente, co-founder of Reflexivity Research, posted on social media that the open interest of Bitcoin options has reached a new historical high, currently exceeding 16 billion US dollars.
1009 BTC transferred from unknown wallet to Binance
According to Whale Alert monitoring, 1009 BTC (approximately $35,836,126) was transferred from an unknown wallet to Binance.
Bitcoin bounces at $36.2K lows as CPI inflation slows beyond forecasts
CPI positively surprises stocks, and Bitcoin catches a bid as inflationary pressures are shown to be declining faster than thought.
Boyaa Interactive, China’s largest card game company, plans to spend $90 million to buy Bitcoin and Ethereum
According to an announcement from the Hong Kong Stock Exchange, China's largest chess and card game company, Boyaa Interactive, will increase its holdings of cryptocurrencies. Currently, it is expected to purchase approximately $45 million worth of Bitcoin and $45 million worth of Ethereum, and will also spend up to $10 million to purchase USDT and USDC stablecoins.
K33 Research: The number of Bitcoins managed by ETP reaches a new high
K33 Research posted on X platform stating that the amount of Bitcoin managed by Exchange Traded Products (ETPs) has reached a historical high. In the past few weeks, as the market's anticipation of the approval of a spot Bitcoin ETF has driven up the coin price, the amount of ETP BUM has also increased significantly.
In the past 1 hour, the entire network liquidated 20.6428 million US dollars, and long orders accounted for 92.68%.
According to Coinglass data, in the past hour, there were liquidations of 20.6428 million US dollars across the network, with ETH liquidations of 2.0337 million US dollars and BTC liquidations of 8.3857 million US dollars. Long positions were liquidated for 19.1318 million US dollars, accounting for 92.68% of the total, while short positions were liquidated for 1.511 million US dollars.
Bitcoin falls below $36,000, down 2.35% in 24 hours
According to OKX market data on November 14th, Bitcoin fell below $36,000 and is currently priced at $35,790.0, with a 24-hour decline of 2.35%.
10 minutes ago, 4,000 BTC were transferred from Bitfinex to Kraken
Whale Alert has monitored that around 22:11 Beijing time, 4,000 BTC ($146,311,274) has been transferred from Bitfinex to Kraken.
Nearly 3 hours ago, 2,751 BTC were deposited into Coinbase
WhaleAlert monitoring shows that 2,751 BTC were deposited into Coinbase from an unknown address nearly 3 hours ago.
Bitcoin mining company TeraWulf produced 994 BTC in the third quarter
TeraWulf, a Bitcoin mining company, released its third-quarter financial report, which showed that its self-mining business produced 994 BTC, an increase of 9.5% compared to the second quarter; revenue was $19 million, an increase of 22.6% compared to the previous quarter; it is expected to use the cash generated in the third quarter to repay about $7 million in debt, of which $5.5 million will be repaid in October 2023; the gross profit for the third quarter increased to $10.7 million, while it was $10.3 million in the second quarter.
Bitcoin service platform Swan Bitcoin will ban accounts that directly interact with currency mixing services
Bitcoin service platform Swan Bitcoin will ban user accounts that directly interact with mixing services. Swan Bitcoin explains that this change is due to pressure from its banking partners, who are subject to proposed rules by the Financial Crimes Enforcement Network (FinCEN) aimed at requiring institutions that facilitate transactions such as mixing services to declare relevant information.
Chairman of the Brazilian Securities and Exchange Commission: Drex, the central bank’s digital currency, will “kill” many cryptocurrencies
João Pedro Nascimento, the chairman of the Brazilian Securities and Exchange Commission (CVM), believes that the Brazilian CBDC Drex will "kill" many cryptocurrencies. Nascimento stated that he is not talking about Bitcoin, but Drex will reduce the attractiveness of smaller cryptocurrencies.
21Shares: Transaction fees continue to soar due to minting of BTC NFTs
Digital asset management company 21Shares posted on social media that transaction fees for Bitcoin NFTs (known as "Ordinal inscriptions") have been soaring due to their minting. The average transaction fee is currently $5.93, which is an increase of over 500% from its low point in August 2023.
Cboe Digital to Launch Bitcoin and Ether Margin Futures Trading in 2024
Cboe Digital has announced that it will launch Bitcoin and Ether margin futures trading on January 11, 2024, making it the first regulated crypto-native exchange in the US to offer both spot and leveraged derivatives trading on a single platform. Margin trading allows customers to trade futures without posting full collateral, increasing capital efficiency. Cboe Digital plans to expand into physically delivered products eventually, subject to regulatory approval. The industry is also waiting for a decision from the SEC on 12 applications for BTC spot exchange-traded funds.
Bitcoin Researcher Proposes Decentralized File Hosting Incentivized by Bitcoin Payments
Bitcoin researcher Robin Linus has proposed a new system for decentralized file hosting incentivized by Bitcoin payments. The "BitStream" proposal suggests an open market for content hosting could be created by exchanging coins for files, using payment channels like Lightning to charge for each download. The server would encrypt the file and a bond contract would ensure the client receives the exact file or can punish the server. Linus's previous "BitVM" paper aimed to avoid clogging up the network's performance by carrying out transactions or computations off-chain, and the BitStream proposal could be combined with it.
Bloomberg ETF analyst: Bitcoin spot ETF is more likely to be approved in January next year compared to this week’s window
Bloomberg ETF analyst James Seyffart wrote on X platform that if the SEC approves a Bitcoin spot ETF, the ETF is more likely to be approved during the January window than this week's window.
A certain whale address withdrew 716 BTC from Binance again 15 minutes ago.
On November 13th, according to Lookonchain monitoring, a certain whale address withdrew 716 BTC (approximately $2,650) from Binance 15 minutes ago.<br>Since October 4th, the whale address has accumulated 4,232 BTC (approximately $156.5 million), with an average purchase price of approximately $31,452, and current profits of $23 million.
Bitcoin.com founder: Bitcoin is bringing financial innovation to the world
Roger Burr, the founder of Bitcoin.com, stated at the UpBit D conference held in Seoul that Bitcoin is bringing financial innovation to the world and predicted that Bitcoin will enable the world to enjoy a fast and stable financial platform environment like South Korea. Cryptocurrencies like Bitcoin are protected by mathematical rules based on blockchain. Being protected by mathematical rules is the most powerful way to protect one's property rights.
Hong Kong Legislative Council Member Qiu Dagen: Bitcoin can be classified as a financial product and included in the asset scope of the "Capital Investor Entry Scheme"
Carrie Lam, the Chief Executive of the Hong Kong Special Administrative Region, stated in the "Chief Executive's 2023 Policy Address" that she will implement a HKD 30 million capital investor immigration plan and restore investment immigration after 8 years. One of the "Big Four" accounting firms, PwC, has revealed that it has already received inquiries from clients. Hong Kong Legislative Councilor Holden Chow believes that the government can clarify the scope of investment assets, such as listing Bitcoin traded on licensed virtual asset trading platforms as financial products, which should theoretically be allowed. PwC Hong Kong tax partner Wang Xiaoyan hopes that the government will expand the categories of assets and income eligible for tax incentives, which currently do not include investment categories such as art, wine, and virtual assets.
A trader bought approximately $2.039 million in BTC on Binance at a price of $37,230.
According to WhaleTrades monitoring, at 10:48:39 Beijing time, a trader bought 2,038,863.72 US dollars worth of BTC on Binance at a price of 37,230 US dollars.
