“Bitcoin’s rally is part of a larger trend signaling a shift towards bitcoin as a distinctly strong and established store of value,” one investor said.
Coindesk
Bitcoin Options Volume Jumps to $3.3B as Price Rallies to Two-Month High
Traders are scrambling for bitcoin calls or bullish bets after the cryptocurrency’s sudden rally to nearly $31,000.
Bitcoin Holdings in One Coinbase Custody Wallet Jumped by 2.5K After BlackRock ETF Filing
Trading volumes have seen a marked increase on Coinbase since the filing for a spot bitcoin ETF.
Crédit Agricole’s CACEIS Gains Crypto Custody Registration in France
The traditional finance giant has been rumored to be seeking the status for years.
Shiba Inu Introduces ‘Shibacals’ to Link NFTs to Real-World Items; SHIB Jumps
Developers shared plans for an NFC-linked authentication service in a Thursday update.
First Mover Asia: Bitcoin Holds Firm Above $30.1K as Investors Relish BlackRock, Other Spot BTC ETF Filings
ALSO: Crypto may enduring “a crisis of confidence,” but the recent filings for spot bitcoin ETFs by large institutional investors is a promising sign, said an eToro analyst.
Ripple Obtains In-Principle Approval for Major Payments Institution License in Singapore
Authorities in Singapore have awarded 190 Major Payment licenses, and 11 of these have gone to Digital Payment Token companies.
Puma, Gutter Cat Gang and LaMelo Ball Team Up to Release NFT Sneakers
The “GutterMelo MB.03” NFT sneakers are paired with a physical real-life sneaker counterpart and will be available to mint on OpenSea on June 29.
Reviewing the Tether Documents
Last week, CoinDesk received documents in response to a New York state Freedom of Information Law request about the details of Tether’s reserves. These documents were released two years after our original filing in 2021 and only after a full-blown legal fight with Tether, which CoinDesk won in February.
A Straightforward Explanation for Why Financial Giants Want to Issue a Spot Bitcoin ETF
Hint: It has to do with making money.