News with the tag "K33"

Cryptocurrency brokerage firm K33 announced plans to purchase Bitcoin on Wednesday after raising 60 million Swedish krona (roughly $6.2 million) to buy and hold the digital asset. The Norwegian company noted in its announcement that it acquired the digital currency in order to establish a Bitcoin tr...

Norwegian crypto firm K33 has announced plans to purchase and hold Bitcoin using newly raised funds, joining the growing list of public companies investing in the world’s largest cryptocurrency. On May 28, the brokerage revealed it had secured 60 million Swedish krona ($6.2 million) through a combin...

BitcoinWorld Bitcoin Treasury Strategy Boost: K33 Secures $6.22M in Strategic Funding In a significant move signaling growing confidence in digital assets, Swedish crypto broker K33 recently announced a substantial capital raise aimed squarely at strengthening its balance sheet with Bitcoin. This de...

Crypto prices bounced from Monday's wipeout with bitcoin ( BTC ) rising as high as $97,300 on Tuesday as traders eyed the latest batch of U.S. inflation data with more to come tomorrow. The largest crypto's dip below $90,000 yesterday was quickly bought up on reports that Donald Trump is preparing f...

The Kobeissi Letter reported that Open Interest in Bitcoin futures contracts on the CME hit a record of 51,000. According to the market analyst, CME’s surge in open interest in Bitcoin futures coincided with the launch of spot Bitcoin ETFs last year. The Kobeissi Letter revealed that Open Interest(O...

K33 Research Report Predicts Bullish Momentum for Bitcoin Entering Q4 Amid Policy Shifts and ETF Approvals K33 Research, a prominent cryptocurrency analysis firm, has released a report signaling a bullish outlook for Bitcoin as the market heads into the final quarter of 2024. According to the report...

The S&P 500 and the Nasdaq also fell on a report that Iran was preparing an imminent missile attack on Israel.

Traders on the Chicago Mercantile Exchange (CME) have been increasing their short positions on Bitcoin futures ahead of the US Federal Reserve’s interest rate decision, according to K33 analyst David Zimmerman. This move indicates a cautious approach in the market, as the Federal Open Market Committ...

Wednesday's FOMC meeting carries uncertainty for the market, with investors still divided on the magnitude of rate cut.

Bitcoin continues to face challenges in recent weeks, as persistent bearish sentiment has pushed the perpetual swaps market into negative funding rates territory, according to a report by K33 Research. Based on historical market data, analysts from the research firm argue that this negative trend co...