Fake Bitcoin ETF Approval Tweet Causes $90M in Liquidations
Submitted by Anonymous (not verified) on Wed, 01/10/2024 - 09:50Those tweets caused bitcoin prices to immediately spike to $47,680 from the $46,800 level.
Those tweets caused bitcoin prices to immediately spike to $47,680 from the $46,800 level.
Market maker says the uptick in over-the-counter trading was due to volumes moving off-exchange.
Curve's FRAXPYUSD liquidity pool, which went live on Dec. 27, boasts the third largest TVL of $135 million.
The immediate price reaction showed that bitcoin's price might be capped if a real approval arrives, one analyst noted.
Bitcoin futures' open interest on the Chicago Mercantile Exchange surged to an all-time high Tuesday as institutions piled into the asset, speculat
The volatile episode came at a time when the crypto industry anxiously awaits a spot bitcoin ETF approval, a landmark for the asset class' maturati
Analysts from Standard Chartered, Galaxy and Corestone predict that a spot bitcoin ETF could see over $1 billion in inflows over just the first qua
Ether has lost 43% of its value against bitcoin since Sept. 7.
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 9, 2024.
Data shows the discount fell to as low as 5.6% on Monday, reaching a level previously seen in June 2021.
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