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💰 Derivatives saw spike in Open Interest and volume as Bitcoin broke $66k Bitcoin's recent recovery to the $66,000 level brought not just excitement but significant changes to the derivatives market, particularly affecting futures and options. As investors rush in, futures open interest soared by 9.6%, reaching $31.18 billion, while options surged even higher at a 12.4% increase. With call options dominating, the derivatives data hints at an overwhelmingly bullish sentiment. But what does this shift in market dynamics suggest about Bitcoin's future price trajectory? Discover why this bullish buzz could be just the beginning. Source 💰 @BitcoinNews 🔵 @EthereumNews 🍰 @AltcoinNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews

💰 Two major hedge funds reveal $2.4 billion exposure to spot Bitcoin ETFs Millennium Management and Schonfeld Strategic Advisors disclosed some of the largest spot Bitcoin ETF investments among traditional financial firms to date, according to their 13F filings for the first quarter. Millennium invested a total of $1.9 billion in spot Bitcoin ETFs, comprised of $844.2 million in BlackRock’s IBIT, $806.7 million in Fidelity’s FBTC, $202 million in Grayscale’s GBTC, $45.0 million in Ark’s ARKB, and $44.7 million in Bitwise’s BITB. Source 💰 @BitcoinNews 🔵 @EthereumNews 🍰 @AltcoinNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews

💰 Morgan Stanley reveals $270 million investment in Bitcoin ETFs, making it top GBTC holder Morgan Stanley revealed a $269.9 million investment in spot Bitcoin ETFs via Grayscale’s GBTC in its first quarter 13F disclosure. Based on Fintel data, the investment makes it one of the largest holders of GBTC, following Susquehanna International Group’s leading $1.0 billion investment. Morgan Stanley is also one of many Global Systemically Important Banks (G-SIBs) that have disclosed investments in spot Bitcoin ETFs, alongside the Royal Bank of Canada, JP Morgan Chase, Wells Fargo, BNP Paribas, and UBS. Source 💰 @BitcoinNews 🔵 @EthereumNews 🍰 @AltcoinNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews

🏦 Coinbase records third-largest 💰 Bitcoin outflow of 2024, totaling nearly $1 billion Two transactions originating from Coinbase cold storage were detected around 3 am GMT on May 15. Each transaction involved 8,000 Bitcoin, totaling $493.96 million. Together, these transactions summed up to approximately 16,000 Bitcoins, valued at nearly $1 billion, approximately $988 million, according to Arkham Intelligence. Coinbase’s exchange balance has been steadily decreasing throughout 2024. According to CryptoQuant, the balance commenced the year at roughly 418,000 BTC and is currently at roughly 267,000 BTC. Source 💰 @BitcoinNews 🔵 @EthereumNews 🍰 @AltcoinNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews

💰 Bitcoin Runes Protocol Sees Traction Waning After Much-Hyped Introduction Activity on the Bitcoin Runes protocol has slowed over the past week, a sign it has failed to generate meaningful traction among users despite a stellar start last month. Runes takes the Ordinals protocol a step further by making transactions even cheaper and faster. Ordinals are a way to embed data into the Bitcoin blockchain by inscribing references to digital art into small Bitcoin-based transactions. Source 💰 @BitcoinNews 🔵 @EthereumNews 🍰 @AltcoinNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews

🚀 Discover the Future with Jack the Goat ($JACK) - A Groundbreaking Meme Coin on Solana! 🌟🐐 Why $JACK? ⚫Thriving Community: Over 1400 active members fueling our explosive rise! @JacksPortal ⚫Colossal Potential: Get in on the ground floor of what experts predict could be a 1000x gem! 💎 ⚫ Vital Stats: Market Cap: $500,000 | Holders: ~500 | Contract: 68eD7fdMVEqKDev9jChsBxtvg45XF2FKsnVRfDTpxCkK How to Get $JACK: 1. Download Phantom Wallet . 2. Purchase $SOL, transfer to your wallet. 3. Swap for $JACK on Jupiter or Raydium. 😀 🔥 Join us now at https://jackthegoat.com and be part of this monumental journey with $JACK! 🚀 #Ad

💰 VanEck's spot bitcoin ETF HODL reports $109 million net increase in Q1, $620 million in BTC: filing A new filing with the Securities and Exchange Commission illuminates key figures for the spot bitcoin exchange-traded fund (ETF) HODL, issued by the digital asset arm of the investment manager VanEck. For the first fiscal quarter ending March 31, 2024, HODL's bitcoin investment amounted to 8,711 BTC, for a value of $619,067,103, and the fund had a $109 million increase in net assets, according to the Monday filing. Source 💰 @BitcoinNews 🔵 @EthereumNews 🍰 @AltcoinNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews

🇸🇻 El Salvador reveals Bitcoin treasury holdings, totaling over 5,700 BTC worth roughly $360 million El Salvador has taken a significant step towards transparency in its Bitcoin adoption journey. The National Bitcoin Office (ONBTC) of El Salvador has unveiled its Bitcoin treasury holdings. This milestone in proof of reserves reveals that El Salvador’s Bitcoin treasury holdings currently stand at 5,748.76 BTC, which translates to a staggering $360,021,592 in US dollar value. The data further shows that in the past seven days, El Salvador has purchased 7 BTC, and in the past 30 days, it has acquired 30 BTC. Source 💰 @BitcoinNews 🔵 @EthereumNews 🍰 @AltcoinNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews

🚀 Discover the Future with Jack the Goat ($JACK) - A Groundbreaking Meme Coin on Solana! 🌟🐐 Why $JACK? ⚫Thriving Community: Over 1400 active members fueling our explosive rise! @JacksPortal ⚫Colossal Potential: Get in on the ground floor of what experts predict could be a 1000x gem! 💎 ⚫ Vital Stats: Market Cap: $500,000 | Holders: ~500 | Contract: 68eD7fdMVEqKDev9jChsBxtvg45XF2FKsnVRfDTpxCkK How to Get $JACK: 1. Download Phantom Wallet . 2. Purchase $SOL, transfer to your wallet. 3. Swap for $JACK on Jupiter or Raydium. 😀 🔥 Join us now at https://jackthegoat.com and be part of this monumental journey with $JACK! 🚀 #Ad

💰 Bitcoin ETFs Holding Now Accounts For 4.5% Of The Total Bitcoin Supply According to data from HODL15Capital, as of May 10, Bitcoin exchange-traded funds (ETFs) worldwide collectively held 949,756 Bitcoins. The Bitcoin ETFs holding is constituting 4.5% of the total Bitcoin supply. U.S.-based spot Bitcoin ETFs acquired 1,318 Bitcoins throughout the week, with GBTC experiencing outflows. Glassnode highlighted that Bitcoin reached a pivotal phase three months ahead of Ethereum, with the news surrounding ETFs significantly impacting this acceleration. Source 💰 @BitcoinNews 🔵 @EthereumNews 🍰 @AltcoinNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews