Bitcoin (78)

With spot Bitcoin ETF option volume levels reaching almost two billion dollars in notional value on its first day of being available, it's clear that options on BTC ETFs are gaining significant traction among sophisticated TradFi traders. While traditional Bitcoin options have been around for several years, the emergence of spot Bitcoin ETF options has brought a fresh perspective to the TradFi derivatives market.

The Bitcoin Improvement Proposal (BIP), introduced in 2011, allows the Bitcoin community to suggest, discuss, and implement changes to Bitcoin's protocol. Anyone can start a BIP by drafting a detailed proposal, which the community reviews. If the proposal is considered valuable, it's formally submitted for approval.

The Bitcoin blockchain underwent a major event in April 2024: the Bitcoin halving. Expected to take place roughly every four years, this mechanism was written into Bitcoin's code during its inception and aims to slow down the creation of new bitcoins and eventually reach a finite supply of 21 million BTC. Similar to huge network upgrades like the Ethereum Merge and , the halving is a highly anticipated event that can significantly impact Bitcoin miners and traders.

Bitcoin has evolved from a tradeable store of value to now offer holders a variety of opportunities from the coins they hold. Staking is among them. Today, you can put your Bitcoin to work, make gains, and maintain the flexibility to use it across multiple blockchain networks.

In the volatile world of crypto trading, sentiment tools can often be handy for both short-term and long-term traders who are navigating the uncertainty. While not fool-proof, these tools are often considered influential when making crypto trading decisions. They can offer an immediate sense of how the majority of traders are positioned. One trusted example of such a sentiment tool is the ETH/BTC ratio.

Onchain Weekly, first edition Welcome to Onchain Weekly. This is a new series, that every week invites you behind-the-scenes with the Wallet team. It's a sneak peek into what we're building, and why we're building it.

Keep up with the top industry updates as we present bi-weekly market insights that are important to traders in the institutional space. In this week's edition, Kelvin Lam, CFA, Head of Institutional Research for OKX, delves into the underlying factors and implications of October's market rally. We also discover the driving forces behind this surge and gain insights into the potential obstacles hindering institutional entry into the crypto space.

Was there a bigger headline for the space in 2024 than the January 10 approval of Spot BTC ETFs? Many believe the decision from the U.S. Securities and Exchange Commission (SEC) marked a sizable leap forward for Bitcoin’s mainstream adoption. The funds help to bring more legitimacy to the asset while exposing an entirely new group of investors to crypto's premier asset.

Since its 2009 launch, Bitcoin (BTC) has been one of the most disruptive financial innovations in recent history. With its decentralized structure and potential to offer a new alternative to traditional financial systems, it has drawn attention around the world.

With its limited supply, protocol-regulated rate of issuance, and generally rising popularity and demand, Bitcoin has — over the decade or so of its existence — managed to outperform typical assets by a large margin. However, this long-term price appreciation hasn't happened without sharp drops and several bearish phases along the way.

In the dynamic world of cryptocurrency trading, where Bitcoin (BTC) and Ethereum (ETH) reign supreme, traders are constantly seeking new ways to maximize their gains. One tool that's been quietly gaining traction is the . Despite its capabilities, this bot remains an underrated tool in the crypto trading arsenal. Let’s delve into why the ETH/BTC trading bot deserves more recognition, and a place in your portfolio.

Among crypto's sea of acronyms, UTXO is one of the most significant. A fundamental component in Bitcoin transactions, UTXO — which stands for Unspent Transaction Output — helps to keep things running smoothly on the network. So, if you trade BTC, it's important to understand what UTXO is, how it works, and the benefits UTXO brings. We'll explain all in the following article.

Did you know that many consider Bitcoin to have two birthdays? Some community members celebrate it on January 3, when the token officially launched, while others mark Bitcoin's birthday on October 31, which is also known as Bitcoin white paper day.

Have you ever considered how Bitcoin could scale to support millions of transactions without compromising on its core strengths? Fractal Bitcoin, supported by Unisat , could provide the answer, as the technology presents a fresh take on scaling.

Experienced crypto traders will be familiar with the concept of correlation — the relationship between cryptocurrencies and other assets. There's the commonly referenced BTC/ETH correlation , which can provide traders with a powerful tool for hedging, diversification, and potentially rewarding trading opportunities. Meanwhile, many traders consider the relationship between when building out a diversified trading strategy.

Now that the 2024 Bitcoin halving is complete, many in the crypto community are looking at new ways to use their Bitcoin. One option in the spotlight is staking. Because Bitcoin uses the Proof of Work technique, it doesn't support staking directly. However, the community has come up with creative ways to navigate this limitation and enable Bitcoin staking.

From being a flight to quality to legalizing Bitcoin use in Argentina , Bitcoin is kicking up a storm in the crypto market and showing no signs of slowing down since its bottom in January 2023 after the FTX crash. With a spot Bitcoin exchange-traded fund (ETF) approval on the horizon, many believe that Bitcoin is en route to an all-time high as interest from traditional finance (TradFi) traders and institutions could propel BTC prices upwards.

Since Bitcoin's inception in 2008 with a white paper authored by Satoshi Nakamoto, the token has rapidly evolved into a global phenomenon, captivating the attention of financial institutions, governments, and the public.

As we might be entering a 2024 crypto bull run , it's useful to understand the main indicators and tools to trade Bitcoin. Whether you're new to trading crypto or are something of a veteran, the idea of trading Bitcoin might have crossed your mind. After all, Bitcoin has stood the test of time by proving itself to be the digital gold of the crypto scene. It's also one of the original cryptocurrencies that's disrupting the world of traditional finance. Compared to stocks and commodities, which have been around for centuries, Bitcoin is a relatively new asset. This is why newcomers and experienced traders alike often ask how to trade Bitcoin.

We all know the digital assets markets move fast and it can be challenging to keep up with all the movements and news impacting the institutional space. Our institutional team shares their top-of-mind digest in an easy to read TL;DR format, so you can stay informed on the big picture. Kelvin Lam, CFA, Head of Institutional Research for OKX, looks at two top-of-mind issues in this installment: What Curve Finance's recent exploit means for the DeFi Space, and why an uptick in volatility could be happening soon.

Keep up with the top industry updates as we present bi-weekly market insights that are important to traders in the institutional space. This week, Kelvin Lam, CFA, Head of Institutional Research for OKX, looks at two top-of-mind issues in this installment: How traders should think about their exposure in digital assets after the recent US downgrade, and what the surge in trading volume for altcoins signals for the greater cryptocurrency market.

Keep up with the top industry updates as we present bi-weekly market insights that are important to traders in the institutional space. This week, Kelvin Lam, CFA, Head of Institutional Research for OKX, looks at one top-of-mind issue in this installment: How the tightening of the US money supply continues to hamper liquidity in the digital assets space.

Keep up with the top industry updates as we present bi-weekly market insights that are important to traders in the institutional space. This week, Kelvin Lam, CFA, Head of Institutional Research for OKX, looks at one top-of-mind issue in this installment: the fallout (or lack thereof) from the court-approved FTX asset liquidation plan and three highlights from Token 2049 in Singapore.

For centuries, gold has stood the test of time with little competition as an asset. To many, it’s the perfect asset. It's scarce and has become a sought-after metal. It’s long been a bastion of value and a hedge against economic turmoil. However, Bitcoin has challenged gold’s position in the last few years, leading some to call it “digital gold”.