Crypto voters would support a Democratic candidate for Congress, but said they would pick Donald Trump in 2024, according to a recent poll.
December’s rise in trading volume likely due to the expected approval of spot bitcoin ETFs, said The Block’s research director.
There is a substantial premium of over $2,000 on bitcoin futures contracts on Binance that are set to expire at the end of March.
Analyst Vetle Lunde suggests a 75% likelihood of this outcome versus 20% for approval inflows propelling prices higher and 5% for denial.
The Arbitrum and Optimism tokens recorded significant price rallies over the past month — currently trading near their all-time highs.
Bitcoin has hit a year-to-date high, causing over $133 million in shorts liquidated across the crypto market in the past 24 hours.