Whale Alert: $1M BTC Trade Bets on Volatility Expansion Outside $53K-$87K Range A long straddle involving the November expiry $66,000 call and put options crossed the tape on Deribit early Wednesday. Continue Reading
First Mover Americas: Bitcoin Nears $66K After Monster ETF Day The latest price moves in crypto markets in context for Sept. 27, 2024. Continue Reading
BlackRock Highlights Bitcoin’s Unique Properties, Believes BTC is Risk-Off in the Long Term BlackRock's latest report shows that bitcoin has a very low correlation to U.S. equities on a trailing six-month basis. Continue Reading
Osmosis Launches Cross-Chain Token Portal ‘Polaris,’ Expanding Beyond Cosmos Roots Polaris is described as a "token portal" aimed at solving one of decentralized finance's biggest challenges: fragmented user experience. Continue Reading
Bitcoin Slides, Yen Gains as Trump-Harris Debate Disappoints Markets The yen picked up a strong bid in late July as the Bank of Japan hiked interest rates for the first time in decades, triggering an unwinding of the... Continue Reading
Bank of Japan Governor Hints at More Rate Hikes; BTC Drops 0.4% The divergent monetary policy paths of the BOJ and the Fed mean potential for yen strength and pain for risk assets, including cryptocurrencies. Continue Reading
Crypto’s Bet on Election Betting Expands to Solana Perpetuals trading hub Drift protocol is adding a Polymarket-style prediction market – with some DeFi twists. Continue Reading
Attention Bitcoin Traders, the Japanese Yen Is Strengthening Again A similar yen outperformance early this month triggered carry unwind and rocked risk assets, including cryptocurrencies. Continue Reading
These Two Bitcoin Indicators Offer Light in a Gloomy Marke BTC has dropped over 13% this month, but all is not lost, according to key indicators. Continue Reading
Bitcoin Drops 15% Against Japanese Yen, Outpacing Declines Versus USD, as Yen Carry Trades Unwind The yen's strong performance, rising almost 10% against the USD in three weeks, led to the unwinding of carry trades, contributing to the sell-off in risk assets and causing... Continue Reading