Institutional investors are actively trading Bitcoin derivatives, opening 40,000 option contracts on the Deribit platform targeting a moderate price rise by the end of July 2026. They are using a bull call spread strategy with strike prices at $70,000 and $72,000, reflecting cautious optimism rather than speculative frenzy. This activity aligns with the upcoming U.S. Federal Reserve monetary policy meeting on July 29, which investors expect to maintain current interest rates, potentially boosting Bitcoin prices to around $72,000. However, unexpected inflation or a hawkish Fed stance could disrupt this scenario.
Bitcoin's recent onchain data shows that the cost basis of short-term holders has dropped below that of long-term holders, a signal historically seen near the end of bear markets. This suggests the current Bitcoin bear market could be entering its fi...
Shiba Inu (SHIB) has dropped to its lowest market capitalization ranking ever, now at number 33 with a market cap of $2.48 billion, down 95% from its peak of $50 billion. Despite the price decline, some fundamentals like low exchange supply and a ris...
Traders have purchased $2.5 billion in bitcoin call spreads targeting a price of $72,000 by July 31, coinciding with the Federal Reserve's interest rate decision on July 29. This bull call spread strategy indicates moderate confidence in bitcoin's pr...
Bitcoin is trading near $64,000 after rebounding from a low of $62,516, consolidating in a tight range as volume declines. The cryptocurrency faces resistance at $64,500 to $65,500, with key support between $62,000 and $62,500. Technical indicators s...
Bitcoin rose slightly above $63,900 but with declining trading volume and persistent extreme fear among investors, indicating a cautious and fragile rebound rather than a strong trend reversal. Despite improving on-chain activity and a modest increas...
