Bitcoin options trading reveals a modestly bullish stance as traders focus on $70,000 call contracts on Deribit, despite a slight dip in total open interest to about $24.84 billion. Calls make up 60.46% of open interest, indicating medium-term optimism, while near-equal daily volume between calls and puts suggests active hedging and balanced short-term views. Key strike prices at $70,000 and $80,000 calls highlight upside targets, with $60,000 puts showing significant downside protection demand. This positioning suggests traders are rotating exposure and managing risk ahead of upcoming option expirations, reflecting cautious optimism amid volatility.
Bitcoin.com has integrated USDU, the UAE's first US dollar-backed stablecoin registered with the Central Bank of the UAE, into its self-custodial wallet on web and mobile. This marks USDU's first major retail distribution, expanding its use beyond in...
Bitcoin price surged past $68,000 following a breakout above key resistance levels, triggering a short squeeze that liquidated over $1 billion in crypto shorts within an hour. The rally pushed Bitcoin from below $65,000 to nearly $69,500 before settl...
The US government, under President Trump's leadership, has codified the GENIUS Act to streamline crypto regulations and established a strategic Bitcoin reserve from seized assets. This move clarifies the regulatory distinction between crypto securiti...
Bitcoin's price surged past $68,000, causing $1.93 billion in leveraged crypto liquidations within 24 hours, predominantly affecting traders betting against the market. Short positions accounted for $1.75 billion of the liquidations, with Bitcoin alo...
Former President Donald Trump announced that the US government is considering purchasing a significant amount of Bitcoin, continuing its policy of maintaining a Strategic Bitcoin Reserve. The US currently holds about 328,000 BTC, making it the larges...
