Bitcoin Halving Is Not a Volatility Event, Analyst Says as Implied Volatility Rises
Options implied volatility is overpricing the event, Amberdata’s Greg Magadini said.
Btc
Bitcoin Tops $71K, Ordinals Bets Rise Ahead of Halving
Broader crypto markets remained little changed over the weekend, but some Ordinal ecosystems saw gains as a proxy for BTC.
Ethena Onboards Bitcoin as Backing Asset to Make USDe ‘Safer’
The platform will use a cash-and-carry trade to short bitcoin futures and pocket funding rates to generate yield on its USDe tokens.
Hedge Funds Hold Record Bearish Bitcoin Bets, Data Show
Most funds may have taken short positions as a part of a “carry trade,” one observer said.
Bitcoin Becomes More Volatile Than Ether as Halving Approaches
Bitcoin’s annualized 30-day historical or realized volatility rose to nearly 60% late last week, surpassing ether’s 30-day realized volatility by nearly 10 percentage points.
Protocol Village: Morph EVM Raises $19M in Seed Round Led by Dragonfly
The latest in blockchain tech upgrades, funding announcements and deals. For the period of March 21-26.
Protocol Village: Blockchain Project Elastos Announces ‘BTC Oracle’ for Bitcoin L2
The latest in blockchain tech upgrades, funding announcements and deals. For the period of March 21-26.
Bitcoin Correction May Continue if ETF Inflows Disappoint in Next Few Days: 10x Research
Bitcoin ETF inflows on Monday and Tuesday will be the “real test” for what’s next for the largest crypto asset’s price, Markus Thielen wrote.
Standard Chartered Raises Year-End BTC Forecast to $150K, Sees 2025 High of $250K
The bank also predicted that approval of an ether ETF could be expected on May 23, leading to as much as $45 billion of inflows in the first 12 months and ETH climbing to $8,000 by the end of 2024.
Bitcoin Back Above $67K as Memecoins Push up SOL and AVAX
Memecoins soared past $55 billion in market cap, up 11% as traders doubled down on SHIB, WIF, BONK, and newcomer CORGIAI