Bitcoin ETF liquidity set to surge after SEC options approval — QCP
    20 Oct 2024
    80 Views

    Spot Bitcoin exchange-traded funds (ETFs) could see a significant liquidity boost, after the latest approval of the United States Securities and Exchange Commission (SEC). On Oct. 18, the US SEC approved applications from the New York Stock Exchange (NYSE) and the Chicago Board Options Exchange (CBOE) to list the long-anticipated options for spot Bitcoin exchange-traded funds…

    ETH held in accumulation wallets jumps 65% since the start of 2024
    20 Oct 2024
    88 Views

    Just over $50 billion worth of Ether is currently locked in accumulation wallets — nearly 65% more than the beginning of 2024, according to a crypto analyst. “By October 18, 2024, the total amount of Ethereum in accumulation addresses surpassed 19 million,” CryptoQuant contributor Burakkesmeci wrote in an Oct. 20 analyst note. 11.5M ETH increase in…

    Can liquid staking tokens depeg due to market volatility?
    20 Oct 2024
    118 Views

    The $45 billion liquid staking sector is raising concerns among investors over the long-term price stability of cryptocurrencies tied to these protocols. Liquid staking creates more capital efficiency for investors by offering an equivalent of the initial staked token that can be deployed in other decentralized finance (DeFi) applications. However, liquid staking tokens (LSTs) could temporarily lose their…