By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin BTC$70,355.26 has stabilized above $70,000. Its relative strength is noteworthy given the selloff over the week, which saw it drop from over $75,000. Most assets saw sharp downturns over the period as the conflict in… Read More
Nearly $600 million worth of $20,000 bitcoin put options has emerged as the third most popular strike ahead of Deribit’s quarterly expiry, showing how traders are positioning for extreme downside scenarios due to the Middle East conflict. A put option gives the holder the right,… Read More
Bitcoin’s BTC$70,565.84 biggest early holders, often called original gangsters, are hitting the sell button after the Federal Reserve rattled expectations for lower borrowing costs. Blockchain data tracked by Lookonchain shows at least two long-term holders together dumped over 1,650 BTC worth more than $117.87 million… Read More
U.S. regulators’ first joint guidance on applying securities laws to different types of crypto tokens failed to provide enough impetus to lift bitcoin BTC$74,057.54, the largest, above $75,000. The interpretive guidance from the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC),… Read More
The crypto rally is took a pause on Tuesday ahead of Wednesday’s Federal Reserve decision. After briefly topping $76,000 overnight, bitcoin BTC$74,639.11 pulled back to around $74,000 during the U.S. session, modestly higher over the past 24 hours. Crypto stocks mostly booked modest gains, with… Read More
Bitcoin BTC$74,217.02 has fallen back below $75,000, highlighting the fragility of its early Asian session rally to six-week highs. Prices rose to $75,912 early Tuesday, the highest since Feb. 4, according to CoinDesk data. 10x Research pointed to activity in the derivatives market as the… Read More
