Source: CoinTelegraph ↗
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Open news desk →It just got 25 times easier to move self-custody Bitcoin directly onto Wall Street, and $5 billion already has
BlackRock cut the minimum for converting privately held Bitcoin into IBIT shares from $25 million to $1 million, while Bitwise lowered its floor from $100 million to $3 million. While this might sound like a niche development for a small number of institutional users, it signals that custody is no longer just a slogan for […]The postIt just got 25 times easier to move self-custody Bitcoin directly...
$6.4 Billion in Bitcoin Options Expire Tomorrow—Here's What It Means
Deribit's Friday settlement covers nearly a fifth of the exchange's Bitcoin open interest, and max pain sits well below where BTC is trading right now.
Investors just moved $7 billion into Bitcoin and gold in five days to escape an accelerating dollar crisis
GLD and IBIT supplied about 70% of the five-session record as yields and the dollar eased, leaving the hedge thesis untested under pressure.The postInvestors just moved $7 billion into Bitcoin and gold in five days to escape an accelerating dollar crisisappeared first onCryptoSlate.