Vinter, a Kaiko company’s Post

An options trader made a block trade, at a notional cost of over $20 million. The strategy will earn maximum profit if bitcoin falls to $47,000 on March. 29. The forecast is for prices to drop in the next few weeks, but not below $47,000. The payoff diagram shows a maximum profit at the center and a fixed loss in case prices breach the two ends, mimicking the body of a butterfly. Hence, the strategy is called a “butterfly” bet. #options #bitcoin #trading

An options trader made a block trade, at a notional cost of over $20 million. The strategy will earn maximum profit if bitcoin falls to $47,000 on March. 29. The forecast is for prices to drop in the next few weeks, but not below $47,000. The payoff diagram shows a maximum profit at the center and a fixed loss in case prices breach the two ends, mimicking the body of a butterfly. Hence, the strategy is called a “butterfly” bet. #options #bitcoin #trading

Here is your Friday news recap! To begin, despite aggressive selling by the Grayscale Bitcoin Trust ETF, all 10 spot Bitcoin ETFs collectively added nearly 19,000 BTC in January. In other news, Binance claimed the information was a “negligible risk” to users, but an earlier GitHub takedown request said it was a “significant risk” to the exchange. And lastly, an initial surge in the FTT token after the news turned negative, leaving FTT plummeting 15% today. #crypto #cryptonews #news #finance #fintech #fintechnews #wollito #foryou

Can Coinbase Recapture Its Best? 📉 Coinbase’s standout year was 2021, fueled by a 60% rise in Bitcoin and $7.84B in revenue. But 2022 was a stark contrast—Bitcoin dropped 64%, revenue halved, and shares fell nearly 86%. This highlights a key point for investors: Coinbase’s performance is tightly linked to the volatile crypto market. If you're aiming for another 2021, be prepared to face years like 2022. Read the full investment case via Substack: https://lnkd.in/et9_TCGQ #Crypto #Investing #Coinbase #Bitcoin #Finance #InvestmentStrategy

In this week’s Digital Asset Digest, we discuss the current state of the crypto market and why we remain bullish, Consensys’ lawsuit against the SEC to defend Ethereum, Hong Kong’s launch of Bitcoin and Ether ETFs, Stripe’s decision to resume crypto payments with USDC, Franklin Templeton’s move to enable peer-to-peer transfer of its tokenized fund, the number of stablecoin holders nearing 100 million mark, KPMG and CAASA’s 2023 survey on Canada’s institutional adoption of cryptoassets, which ecosystems have the most active developers, and more.   Subscribe to our weekly Digest, it’s free: bit.ly/44icx6m #Bitcoin #Ethereum #Web3 #DigitalAssetDigest #NinepointDAG

On November 12, the largest memecoin #Dogecoin (DOGE) is 145% up following the win of a crypto-friendly leader from the United States, Donald #Trump. The growth came while everyone was eagerly waiting for the candidate to make a re-entry into the White House. Bloomberg, an American privately held media company has released a report in which it has stated that, “Taking the data of the past five days, the memecoin has gained over 50%, outstripping the gains of the largest cryptocurrencies, #Bitcoin and #Ethereum.” Read full story: https://lnkd.in/g7YDXZEx

SEC Orders First Trust-SkyBridge to Declare its Bitcoin ETF Application Abandoned ➡️ Read All : https://lnkd.in/dZuJ_EF4 First Trust and SkyBridge initially filed for a bitcoin ETF in March 2021. The application was unsuccessful, and the two firms did not re-apply for... [...] #FirstTrust #SkyBridge #BitcoinETF #SEC #AbandonedApplication #Crypto #Bitcoin #NBTC

Who's the BIGGER BULL, Larry Fink or Michael Saylor? Larry Fink (#wallstreet) looks at #bitcoin for more #fiat gains! The endgame is more #fiat, for Mr. Fink, and is it for you as well? Michael Saylor understands why Bitcoin 'alea iacta est' and therefore is the endgame (he's not selling the apex property of the world for rapidly debasing fiat) and why no one, not even Elizabeth Warren, Paul Krugman, Peter Schiff, Jim Cramer, or [enter fav hater] can abstain from playing the "Bitcoin Game." The endgame is more #bitcoin, for Mr. Saylor, and is it for you as well? Humanity is not going back to a world without #bitcoin. Why? Bitcoin's #1 use case is capital accumulation and capital preservation wrapped into one asset!

Bitwise to acquire assets of Osprey Funds’ Bitcoin Trust ➡️ Read All : https://lnkd.in/ed76P24n Crypto index fund manager Bitwise is set to acquire the assets of its rival, Osprey Bitcoin Trust. Bitwise, the largest crypto index fund manager in... [...] #BitwiseAcquisition #OspreyBitcoinTrust #CryptoIndexFund #BitcoinInvestment #CryptoMarketExpansion #Crypto #Regulation #NBTC

💡 Get quick insights into the popular stablecoin, its uses, and benefits. Whether you're new to crypto or a seasoned trader, these Tether facts are a must-know! 🌟 💎 Explore More: https://lnkd.in/dX9t4TKx #Tether #CryptoFacts #Stablecoin #koinpark