Bitcoin’s BTC$65,094.85 options market has turned notably less defensive over the past month, unwinding the downside protection traders built up in June just as the Federal Reserve prepares to meet. The put/call ratio on open interest, which measures how much of the market is positioned in puts, contracts that pay off when the price falls,
Bitcoin surged above $65,000 after military clashes between the US and Iran eased for a second consecutive day. This also had a positive impact on altcoins, with Ethereum rising over 4% in the last 24 hours to above $1,960, while major altcoins like Solana and XRP gained between 1% and 2%. In contrast, international oil
The broader outlook for perceived store-of-value assets such as bitcoin $BTC$65,221.50 and gold remains constructive. The reason is simple: the U.S. government is more indebted than ever, with no end in sight. The Treasury’s Debt to the Penny dataset put the federal debt at an all-time high of $39.7 trillion on Friday. According to some
The U.S.-listed spot bitcoin BTC$65,221.50 exchange-traded funds (ETFs) have logged their first three-week inflows streak since early May. These funds attracted $33.79 million in the week ended July 24. That figure would have been much bigger had it not been for net outflows of around $225.2 million and $240.1 million on July 23 and 24
Simon Gerovich, CEO of Japan-based investment company Metaplanet, said that there has been no fundamental change in the structure or logic of Strategy’s (formerly MicroStrategy) long-standing Bitcoin buying strategy. In his social media post, Gerovich emphasized that while market perception of Strategy’s approach has changed several times over the years, the company has consistently pursued
Interest rates could set the direction for crypto this week, with the Federal Reserve, Bank of England and Bank of Japan all expected to hold while markets look for signs that higher energy prices have brought further tightening closer. CME’s FedWatch shows a 33% chance of a U.S. rate increase, while prediction markets odds are
The Fed also left interest rates unchanged in June, keeping them stable at 5.25-5.50 percent. Following the June decision, markets this week turned their attention to the July interest rate decision. When Will the FED’s July Interest Rate Decision Be Announced? The Federal Reserve’s July interest rate decision is expected to impact gold, the dollar,
Coinbase CEO Brian Armstrong stated that the rapid development of artificial intelligence technologies will not diminish the importance of the cryptocurrency sector; on the contrary, digital assets will play a much more critical role in the new era. Speaking on the social media platform X, Armstrong emphasized that artificial intelligence and cryptocurrencies are not competing
Hashdex plans to put some of the crypto held by its Nasdaq CME Crypto Index ETF (NCIQ) to work through staking. The sponsor takes the first slice of net income, while common shareholders begin sharing in the rewards after an annual threshold is cleared. The framework is prospective. A July 23 Form 8-K named Coinbase