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 dropped below $60,000 following Michael Saylor's announcement that his firm, Strategy, is moving from a long-only Bitcoin investment approach to active capital management. This change aims to better handle market volatility and includes manag...
Taiwan's legislature has passed a law introducing comprehensive regulations for crypto platforms and stablecoin issuers, replacing the previous anti-money laundering system with a formal licensing regime. Stablecoin issuers must now hold full reserve...
Bitcoin faces continued selling pressure, trading below key moving averages and risking a drop below $57,000. Stellar (XLM) holds near its moving averages, showing potential to stabilize above $0.18 despite a recent pullback. XRP remains weak, tradin...
President Donald Trump disclosed over $1.4 billion in crypto-related income for 2025, making digital assets his largest revenue source. This includes $635 million from meme coin royalties, $592 million from World Liberty Financial token distributions...
Bitcoin and other major cryptocurrencies saw declines, with Bitcoin dropping nearly 3% to around $58,543. Ethereum and Binance Coin also fell by about 2.8%, while some smaller coins showed mixed performance, including a few with slight gains. The ove...
