Glassnode reported that Bitcoin ($BTC) has retreated to a critical support zone after retesting its February lows. According to the analysis, while the $BTC price remains near important technical levels, the pricing of future uncertainty in the options market has weakened significantly. Data shows that Bitcoin’s one-week implied volatility has fallen from approximately 60% to
Base has deployed its Beryl upgrade to the Sepolia testnet and has scheduled the release for mainnet activation on June 25, introducing a native token standard and reducing withdrawal times to Ethereum. Base’s engineering team said in a blog post on Thursday that Beryl adds B20, a protocol-level token standard that allows issuers to create
A Bitcoin ETF lets you own Bitcoin’s price through an ordinary brokerage account, with no wallet, no keys, and no crypto exchange. But there are three different kinds, and they behave very differently. Here is the complete guide to what they are, how they work, and which one fits. Table of Contents What an ETF
South Korean memory chip maker SK Hynix has pulled off something only one other domestic company has ever managed. Its market capitalisation broke past 2,000 trillion won, equal to roughly $1.32 trillion, on Friday. Samsung Electronics remains the only other Korean firm to have crossed that threshold. The jump came as semiconductor stocks dragged South
Bitcoin $BTC$62,499.20 mining company GoMining said it is making it easier for companies to accept bitcoin $BTC$62,499.20 payments, bringing it into competition with companies including Block’s (XYZ) Square. Where GoMining says it differs from incumbents is that the entire transaction is completed in bitcoin. Many competitors, including Square, allow customers to pay in bitcoin while
The prolonged negotiations between the US and Iran, coupled with the Federal Reserve’s (FED) tight monetary policy messages under new chairman Kevin Warsh, and decreased appetite for risky assets, caused Bitcoin to fall. However, according to the data, the decline in Bitcoin is not over, and preparations for a $52,000 level have begun. According to
Ki Young Ju, founder of the cryptocurrency analysis platform CryptoQuant, made noteworthy assessments regarding the Bitcoin market. In a statement made on social media, Ju argued that the biggest risk for Bitcoin is not sudden price crashes, but rather prolonged sideways movement and decreasing investor interest. According to Ki Young Ju, the biggest challenge that
Bitcoin has fallen to around $62,400 after a combination of options-expiry volatility, long liquidations, and renewed concerns over corporate Bitcoin selling weighed on sentiment across the crypto market. According to data from crypto.news, Bitcoin ($BTC) fell nearly 3% over the previous 24 hours to an intraday low near $62,300 on June 19. The decline extended
Kalshi has exceeded a $2 billion annualized revenue run rate as the prediction market operator has begun early discussions with investment banks about a potential initial public offering, according to a report from The Information. The Information, citing people familiar with the matter, reported that Kalshi has held informal talks regarding an IPO while continuing