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Forget max pain. Bitcoin is well below the $72,000 magnet going into $10 billion options expiry

Forget max pain. Bitcoin is well below the $72,000 magnet going into $10 billion options expiry

2 months ago by Crypto InsightsCrypto

Bitcoin’s BTC$61,622.70 price drop ahead of Friday’s quarterly options settlement has once again cast doubt on the popular “max pain theory.” The max pain level for this expiry stands at $72,000, significantly above current spot prices of around $61,700. On Friday at 8:00 ET, options… Read More

Bitcoin miners’ AI pivot faces $50 billion reality check, says VanEck

Bitcoin miners’ AI pivot faces $50 billion reality check, says VanEck

2 months ago by Crypto InsightsCrypto

The report comes amid a dramatic shift in the bitcoin mining industry. Following the collapse in mining profitability after the 2024 halving, many operators began repurposing their power infrastructure to support AI workloads, betting that technology companies would pay significantly more for electricity and data… Read More

SpaceX (SPCX) raises $75 billion in largest-ever IPO

SpaceX (SPCX) raises $75 billion in largest-ever IPO

3 months ago by Crypto InsightsCrypto

SpaceX has priced its shares at $135, according to a filing with the U.S. Securities and Exchange Commission on Thursday, setting the stage for one of the most closely watched public market debuts in recent years. The company sold 555.6 million shares at that price,… Read More

SpaceX targets record $75 billion IPO as bitcoin treasury and liquidity risks draw focus

SpaceX targets record $75 billion IPO as bitcoin treasury and liquidity risks draw focus

3 months ago by Crypto InsightsCrypto

SpaceX is planning to set the price of its initial public offering at $135 per share in a deal that would raise a record $75 billion and value the company at $1.75 trillion, the company said in a filing with the U.S. Securities and Exchange… Read More

Coinbase makes a major play for India’s booming $3 billion crypto market with local currency launch

Coinbase makes a major play for India’s booming $3 billion crypto market with local currency launch

3 months ago by Crypto InsightsCrypto

Nasdaq-listed Coinbase exchange announced Monday a major market move: the launch of direct rails for Indian rupees (INR). Starting June 1, 2026, the exchange’s Indian customers can deposit and withdraw rupees directly from their bank accounts via the Immediate Payment Service (IMPS), a move designed… Read More

U.S. says it seized about $1 billion in Iranian crypto as pressure campaign expands

U.S. says it seized about $1 billion in Iranian crypto as pressure campaign expands

3 months ago by Crypto InsightsCrypto

The United States has seized about $1 billion worth of cryptocurrency tied to Iran, Treasury Secretary Scott Bessent said, describing the action as part of a broader campaign to cut off funding channels used by Tehran. Speaking in an interview on Fox Business, Bessent said… Read More

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