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Social Media BTC Mentions Turn from Fear to Greed Ahead of Spot ETF Approval

"Historically, an increase in the 'bitcoin share of crypto mentions on social media' has been a sign of market fear, but the anticipation of the BTC spot ETF approval has reversed the interpretation to a greed indicator," analyzes crypto on-chain analytics platform Santiment. "After peaking before the spot ETF approval, this metric seems to have recently normalized, with BTC overtaking altcoin mentions on social media during this time. The decline in BTC mentions on social media in the first week of February suggests that BTC is being pushed out of the spotlight due to over-leveraging in the altcoin market."

Binance WBTC plunges to $5200, then recovers

Cointelegraph reports, “A flash crash in the price of WBTC occurred on Binance on Nov. 23 (local time). This caused WBTC to briefly drop from $98,000 to $5,200, but has since recovered. The cause of the error is still unknown.

blockchain crypto cryptocurrency Trump nominates Crypto Proponent Secretary (SpotedCrypto)

Trump nominates 'Crypto Proponent' Howard Lutnick as Commerce Secretary, while US SEC chairman struggles to narrow down candidates to four.

US President-elect Donald Trump has nominated US investment bank Cantor Fitzgerald CEO Howard Lutnick to serve as Secretary of Commerce, according to the Wall Street Journal (WSJ). Lutnick is an avid supporter of Bitcoin and Tether (USDT), with Cantor Fitzgerald reportedly serving as Tether's U.S. Treasury bond

blockchain crypto cryptocurrency IBIT Option hit 1.9B first day od trading (SpotedCrypto)

BlackRock IBIT Options Hit $1.9 Billion in First Day of Trading, Grayscale Begins Trading on November 20th.

Bloomberg ETFs analyst James Seyffart reports via X that “Options volume on BlackRock's bitcoin spot ETF IBIT, which began trading today (Nov. 19), was about $1.9 billion. A total of 35.4 million contracts were active, of which 28.9 million were calls (82%) and 65,000

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