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Bitcoin Options Expiring on Deribit Exchange Could Trigger "Fireworks"

June 26 (Cointime) - Bitcoin's recent 15% surge has led to a significant event on the horizon, as 150,633 bitcoin options contracts worth $4.57 billion and 1.23 million ether contracts valued at $2.3 billion are set to expire on the Deribit exchange. The contracts due for settlement account for 43% of the total open interest, with investors buying call options with strike prices at and above $30,000.

HSBC Hong Kong Launches Cryptocurrency ETF Services for Local Customers

June 26 (Cointime) - HSBC, the largest bank in Hong Kong, has reportedly launched its first local cryptocurrency services, allowing customers to buy and sell Bitcoin and Ethereum-based exchange-traded funds listed on the Hong Kong Exchange.

Digital Asset Investment Products See Largest Weekly Inflows Since July 2022

June 26 (Cointime) - Digital asset investment products saw the largest single weekly inflows since July 2022, totaling US$199m, correcting almost half of the prior 9 consecutive weeks of outflows. Bitcoin was the primary beneficiary, seeing US$187m inflows last week, representing 94% of the total flows. Short-Bitcoin saw outflows for the 9th consecutive week totaling US$4.9m.

Brazilian Hospital Becomes First in the Nation to Accept Crypto Payments

June 26 (Cointime) - The Rolante Hospital Foundation (FHR) in Rio Grande do Sul, Brazil, has become the first hospital in the country to accept cryptocurrency payments. Patients can now use crypto to pay for medical bills, outpatient treatment, and medicine.

Bitcoin Is Up 12% This Month, but Trading Volumes Are Light, With Buy and Sell Orders From Big Investors Causing Wild Price Swings

June 26 (Cointime) -Bitcoin is up 12% this month, but trading volumes are light. Market depth is low, and buy and sell orders from large investors can cause large price swings. Regulatory scrutiny has also contributed to illiquidity. Retail traders are yet to return, while institutional investors are driving the market. Although some people think that the market has bottomed out, we still need to pay attention to the impact of the macro environment and whether the stock market continues to improve.

THE Price of Tomorrow Author Jeff Booth: Bitcoin Is the Unstoppable Solution to Inflation

June 26 (Cointime) -Jeff Booth, the author of "THE Price of Tomorrow", stated in an interview that inflation is theft, and the government is stealing from individuals at an unpredictable rate. He analyzes how Bitcoin is the only solution to the inflation paradox, with incentives and performance far superior to any asset or store of value in history. Think Bitcoin is impossible to block, nothing better than this.

How the Price of US Treasurys Impacts Bitcoin and Ether Markets Amid Economic Uncertainty

June 25 (Cointime) - The impact of the cost of capital attributed to the US dollar extends to all tradeable markets, including Bitcoin and Ether. A global shortage of US dollars could occur if the US government defaults on its debt, leading to a lack of interest debt payments. Cryptocurrencies have historically acted as a hedge during periods of uncertainty.

The CEO of Bitwise, the World’s Largest Crypto Index Fund Manager, Says That a Multi-Year Bitcoin Bull Market Starting Now

June 26 (Cointime) -The CEO of Bitwise, the world’s largest crypto index fund manager, says that a multi-year Bitcoin bull market starting now.

El Salvador's Bitcoin Experiment Faces Scrutiny from US Lawmakers and Leaders Worldwide

June 25 (Cointime) - El Salvador, which made history by adopting Bitcoin as legal tender, is now facing criticism and scrutiny from leaders around the world. U.S. lawmakers, including Senators Bob Menendez and Jim Risch, have introduced the Accountability for Cryptocurrency in El Salvador Act, which requires the country to produce a report outlining its use of cryptocurrencies and the measures taken to ensure user safety.

Bitcoin's Recovery Sends Short-Term Holders into Profit, On-Chain Signal Suggests More Uptrend

June 25 (Cointime) - Bitcoin has made a significant recovery in value since the start of the month, reaching an all-time high above $31,000. On-chain signals suggest that there may be more uptrend to come, with over 1.8 million short-term holder coins now in profit.