A large-scale transaction attracting attention has taken place in the cryptocurrency derivatives markets. According to data shared by ai_9684xtpa, known for on-chain and derivatives market analysis, a major options investor sold Bitcoin call options worth a total of $173 million, taking a position that the $BTC price will not rise above $70,000 until September 25th.
Crypto asset manager Hashdex is set to close and liquidate its $14.7 million spot bitcoin $BTC$63,518.30 exchange-traded fund, in what may be the first liquidation of a U.S. spot bitcoin offering. Bitcoin futures ETFs have closed before, including VanEck’s XBTF in 2024, but no U.S. fund holding bitcoin directly appears to have previously been liquidated.
Jim Cramer wants out of bitcoin $BTC$63,607.21 and the crypto community’s reaction is positive. The “Mad Money” host said this week that he plans to sell all of his bitcoin holdings due to concerns that advancements in quantum computing could threaten cryptocurrencies within the next three to four years. The comment followed his July 31
Gelephu Mindfulness City (GMC), a special administrative region in southern Bhutan, awarded 3iQ Corp. a mandate to manage part of its bitcoin $BTC$63,607.21 treasury, the firms said in an email. GMC declined to disclose the size of the mandate to CoinDesk. How the money will be run is the new information. GMC told CoinDesk it
A long-dormant bitcoin $BTC$64,011.28 wallet woke up Monday, and it wasn’t alone. Several old coins have moved on-chain in the same narrow window, all since the Coldcard hack began on July 30. The wallet labeled 18TExP, dormant since 2013, moved 500 $BTC, worth $31.3 million, in a transaction first flagged by on-chain tracker Whale Alert.
Interest in Bitcoin Drops to Near-Historic Lows in the US While President Trump has put crypto front and center as part of his administration, this has not translated into an extended interest in bitcoin in the U.S., at least on the internet front. According to Google Trends, a tool that helps to monitor how often
On-chain research firms and cycle analysts are projecting late 2026 as the most likely time for Bitcoin to make its cycle low. Those who agree with this scenario note that a further macroeconomic deterioration or a regulatory crackdown could cause the price to bottom in 2027. The global crypto market has witnessed some heavy sell-off
Bearish sentiment: Polymarket shows rising odds of Bitcoin dropping below $60,000, prompting Markus’ one-word reaction. Mixed forecasts: Traders also see a chance of $BTC rising above $65,000 or $67,500, underscoring uncertainty. Market weakness: $BTC and Dogecoin continue to slide amid fading legislative momentum and weak corporate earnings. Dogecoin co-founder Billy Markus offered a brief but
Bitcoin treasury company Strategy’s CEO Phong Le brushed aside concerns investors may have about the Nasdaq-listed company selling its stash. Speaking on CNBC Monday, Le said that Strategy would continue doing what it’s always done, and outperform Bitcoin during the next bull run. Strategy (MSTR) on Monday revealed that it had sold 1,638 Bitcoins for