Bitcoin fell to a three-week low under $109,000, but the $22 billion end-of-month options expiry could lead to a much-needed BTC price bounce.
Latest OKX News
OKX is a global cryptocurrency exchange offering various services, including spot trading, margin trading, derivatives and staking. It’s known for its diverse selection of altcoins, user-friendly interface and focus on innovation.
Headquartered in Seychelles, OKX has a global footprint. OKX also features its own blockchain, OKX Chain), as well as DeFi and NFT marketplaces.
For breaking news, analysis of OKX’s features, and insights into its growing presence in the crypto market, follow Cointelegraph’s coverage.
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Bitcoin’s $22.6 billion monthly options expiry is led by bulls, but macroeconomic headwinds could give the bears a last-minute advantage.
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Global exchanges Coinbase and OKX are betting big on Australia’s pension pie, pushing crypto into self-managed super funds.
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OKX founder and CEO Star Xu cited the CFTC enforcement action against Deridex in September 2023 as a concern, but didn’t specify if it was why OKX paused its launch.
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The Bitcoin options market reflected caution, while top traders increased their bullish positions as optimism for a Federal Reserve rate cut grew.
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Bitcoin’s short-term path hinges on a $4.3 billion options expiry. Bulls are favored, but weak jobs data and doubts over AI profitability could add uncertainty.
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Crypto bosses say the government now needs to bring in clear rules, so regulators and banks can distinguish the good from the bad actors.
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The Dutch National Bank fined OKX $2.6 million for operating in the Netherlands without registration before the EU’s MiCA rules took effect.
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The Web3 industry is on track to surpass 5 billion cryptocurrency users, driven by blockchain usability and speculation during the next bull market cycle, according to industry insiders.
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Circle is embedding USDC into global payment networks as part of a broader push spanning Africa, Asia, Europe and the Middle East.
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OKB skyrocketed after OKX unveiled a 65 million token burn, a fixed 21 million supply and major upgrades to its Polygon-powered X Layer network.
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The Philippines SEC flagged OKX, Bybit, KuCoin and others for offering crypto services without authorization, warning of enforcement and app store bans.
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Sygnum’s Fabian Dori says the GENIUS Act brings the U.S. closer to global consensus on stablecoin regulation, paving the way for real-world use cases.
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JPMorgan, Citigroup and Bank of America are all in the early stages of stablecoin development.
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Launched in November 2024, the USDG stablecoin has a total circulating supply of around $356 million.
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