News

🔥 Spot Bitcoin ETF Options Debut on Nasdaq With Record Trading: Details

Spot Bitcoin ETF options officially debuted on the Nasdaq, marking a pivotal development for the cryptocurrency market. With the arrival of these options, starting with the BlackRock BlackRock’s iShares Bitcoin Trust ETF (IBIT), investors inevitably received additional instruments for hedging risks and covering exposure to Bitcoin’s fluctuations.

⚖️ Donald Trump Confirmed These As US SEC Chair and Treasury Secretary?

US President-elect Donald Trump plans to announce the US SEC Chair and Treasury Secretary this week, as per sources familiar with the matter. Trump considering replacing SEC Chair Gary Gensler with pro-crypto lawyer Teresa Goody Guillen. Meanwhile, Federal Reserve Governor Kevin Warsh and billionaire Marc Rowan are now the leading contenders for Treasury Secretary position.

⚠️ Operation Choke Point 2.0 Mastermind Martin Gruenberg Faces Heat In House Hearing

Martin Gruenberg, the Federal Deposit Insurance Corporation (FDIC) Chairman, faces scrutiny in a high-profile House Financial Services Committee hearing. Lawmakers are calling for his immediate removal as the market participants cite his controversial role in “Operation Choke Point 2.0.” Notably, the allegations involved regulatory overreach and a toxic workplace environment under his leadership, raising questions about the FDIC’s integrity.

Markets

📊 Crypto Prices Today, Nov 20: BTC Hits New ATH, GOAT and BONK Rise 8-13%

The crypto market experienced mixed sentiment as Bitcoin touched $94K intraday, marking a new all-time high, before settling above $92K. Major altcoins showed negative sentiment, with declines of 2-3% over the last 24 hours. Meanwhile, GOAT and BONK emerged as top gainers, surging 8-13% in the same period.

The global crypto market cap dropped by 0.3% in the past day, standing at $3.07 trillion. Total trading volume reached $179 billion, reflecting a 10% decline from the previous day. Here’s a look at some leading cryptocurrencies by market cap and their price movements today.

🚀 Bitcoin Price: Here’s Why BTC Could Hit $100K Today

Bitcoin price today is up 2.85% and currently exchanges hands around $94,472.0. Since hitting an all-time high of $93,400 BTC, it has been consolidating. During this sideways movement, Bitcoin set up a new ATH of $93,980 on November 19, but due to a lack of follow-through, it has slipped back into the range.

📈 Ethereum Price Today: Will ETH Hit $4k First or $2k?

The Ethereum price trades at $3,116.1 after recovering nearly 4% from the daily low of $3071.49. This uptick is in line with Bitcoin’s 0.90% gain today. If this trend keeps up the New York trading session could propel the value of ETH higher.