Bitcoin futures open interest stands at $54.82 billion with a spot price of $78,425, signaling strong market activity ahead of September. While calls dominate the options market, recent trading volume favors puts, indicating traders are buying downside protection. Max pain levels for September options mostly lie below current prices, suggesting potential downside risk. This mix of bullish positioning and defensive hedging points to a volatile September for Bitcoin derivatives.
BNB Chain's launch of bStocks has propelled it to lead the tokenized equity market, growing its supply to over $1.3 billion by August, surpassing Ethereum's $800 million. bStocks offers unique benefits like 24/7 settlement and composability, driving ...
Brian Armstrong, Coinbase CEO, predicts Bitcoin could reach $100,000 by the end of the year, marking a significant downgrade from his earlier $1 million target by 2030. Changpeng Zhao, former Binance CEO, remains bullish on Bitcoin surpassing gold's ...
Coinbase CEO Brian Armstrong and Binance co-founder Changpeng Zhao (CZ) both maintain long-term bullish views on Bitcoin but their price forecasts tend to mirror recent market movements rather than offer precise predictions. Armstrong once predicted ...
A Bitcoin wallet linked to convicted Irish drug dealer Clifton Collins transferred 500 BTC, valued at about $39.56 million, to Coinbase Prime. The coins were previously inaccessible due to lost private keys but have been recovered by Irish authoritie...
Most major cryptocurrencies saw price declines, with Bitcoin trading near $79,358, down 1.44%. Ethereum and Binance Coin also fell by 0.64% and 1.25% respectively. Significant drops were observed in Bitcoin Cash (-6.42%) and Cardano (-3.04%). Some to...
