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Bitcoin futures and options open interest soars in February
Bitcoin futures and options open interest soars in February

Bitcoin's options tilt towards bullish calls, despite a short-term uptick in defensive puts

Crypto Slate·2024/02/27 03:06
Bitwise predicts 50% odds of spot ETH ETF approval, $88k BTC by year end
Bitwise predicts 50% odds of spot ETH ETF approval, $88k BTC by year end

Researcher Ryan Rasmussen believes there is a 50% chance the SEC will approve spot Ethereum ETFs and predicted Bitcoin to rise to $88,000 by year-end.

Crypto Slate·2024/02/27 03:06
Bitcoin surges above $56,000 to hit record high since November 2021
Bitcoin surges above $56,000 to hit record high since November 2021

The price of bitcoin hit a high of $56,740 at one stage on Tuesday morning in Asia.An expert pointed to the record spot bitcoin ETF trading volume on Monday in the U.S.

The Block·2024/02/27 02:46
Flash
05:44
The US dollar against the Swiss franc is fluctuating upwards; the Swiss National Bank will announce its interest rate decision on Thursday: how much longer can 0% be maintained?
The US dollar against the Swiss franc is fluctuating higher, with the Swiss National Bank set to announce its interest rate decision on Thursday: How long can 0% be maintained?
05:37
Reserve Bank of Australia Governor: It is too early to determine whether a cooling real estate market will be helpful for policy decisions.
Reserve Bank of Australia Governor: It is still too early to determine whether the cooling of the real estate market will be helpful for policy decisions
05:37
Analyst: Bank of Japan May Still Intend to Raise Interest Rates Further
On June 16, Takashi Fujiwara, Chief Fund Manager at Resona Asset Management, stated that the Bank of Japan clearly indicated in its statement that short- to medium-term real interest rates are negative. This may suggest that the Bank of Japan does not want long-term bond yields to rise further. At the same time, it could also be a signal from the Bank of Japan: if short- to medium-term rates remain low, companies can easily raise funds and may expand their businesses into higher-risk areas. The Bank of Japan discussed the economy and prices in parallel in its statement. This may imply that the Bank of Japan has a willingness to raise interest rates further. Even if price increases slow down due to the reopening of the Strait of Hormuz, the Bank of Japan can still use economic growth as a justification for rate hikes.
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