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Bitwise CIO Matt Hougan said bitcoin allocations revealed in recent 13F filings with the SEC are just a “down payment.”About six months after an initial allocation, Hougan said he’d expect allocations to rise to 1-5% of professional investor portfolios on average.
Van Buren Capital General Partner Scott Johnsson unearthed an overlooked detail in a March spot Ethereum ETF filing on Tuesday. Analysts suggested the filing showed the SEC is potentially considering ETH a security in likely spot ETF denials this month.
Bitcoin rallied alongside stocks following cooler U.S. inflation data for April.The largest digital asset by market cap increased 3% in the past 24 hours.
MicroStrategy, whose bitcoin holdings are currently valued at $13.5 billion, will be added to the MSCI World Index, effective May 31.The addition follows a surge in the price of MicroStrategy’s stock — which up more than 87% year-to-date.
The ecosystem fund is denominated in Bitget Wallet’s native token, BWB, which is scheduled for debut this quarter.
Stablecoin issuer Circle is planning to redomicile from Ireland to the U.S. Circle confidentially filed for an initial public offering of its equity securities in January.
FLOKI, AR, and PEPE are the top performers on a daily scale, while most alts bleed out.
- 03:45An address starting with 0x917 deposited 53,063 ETH into CEX 6 hours agoPANews reported on May 17th that according to The Data Nerd, the whale address 0x917 deposited 53,063 ETH into Coinbase six hours ago, worth approximately $156 million. Four months ago, this address accumulated these ETH at an average price of $2332. If sold at the current price, its realized profit would reach $32.26 million.
- 03:35Jupiter now allows users to unpledge a portion of their JUP tokensThe Solana ecosystem DEX, Jupiter, has made two governance mechanism optimizations based on user feedback. The first allows users to partially cancel their JUP staking and vote while retaining some of the stakes. In addition, to give users more time to understand the proposal content, a timer has been added to the voting page that requires waiting for a few minutes before voting after opening a proposal.
- 03:30BTC options with a nominal value of 1.2 billion USD and ETH options worth 930 million USD are about to expireData from Greeks.live shows that on May 17, options delivery data: 18,000 BTC options are about to expire, with a Put Call Ratio of 0.63, the biggest pain point is $63,000 and the nominal value is $1.2 billion. Also, 320k ETH options are about to expire with a Put Call Ratio of 0.28; the biggest pain point is $3k and the nominal value is $930 million. Greeks.live states that this week was influenced by US stock Meme trend which led to significant capital inflows into BTC ETFs causing BTC's price to surge past $65k. However, outside of Memes crypto market remained weak as trading volume continued to decline reflecting in diverging option data for BTC and ETH. Looking at block trades and market trade structures all major term IV ended its downward trend entering sideways movement with not much room left for further declines. The balance between longs and shorts in BTC remains relatively even while weakness in ETH prices has led to continuous weakening of market confidence resulting in selling calls becoming absolutely dominant.
