Bitcoin Slumps to $71,500 as Geopolitical Tensions Trigger $400M+ in Liquidations
In Bitcoin news today, BTC crashed from $73,500 to a low of $71,500 on June 1 after news of US-Iran strikes hit the wires, triggering a violent risk-off flush across crypto derivatives markets. More than $400M in leveraged long positions were liquidated…
Bitcoin Indices Paint Fragile Market Position – How Close Is Relief?
Over the last month, Bitcoin prices have dipped by 3.45% net, as the leading cryptocurrency struggles to sustain its April momentum. During this time, Bitcoin has faced multiple rejections at the $82,000 price zone, triggering a sustained downward trend…
SEC Approves Bitcoin Options Trading on BlackRock’s iShares ETF
In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has approved the listing and trading of options on BlackRock’s iShares Bitcoin Trust (IBIT). According to Bitcoin Magazine, the approval was granted on September 20, 2024, marks a…