Even though Bitcoin itself is still stuck around $64,000, funding rates for the cryptocurrency have risen to their highest level in about 20 months, indicating a significant shift in derivatives positioning. Traders are deleveraging The action implies that traders are willing to pay more to keep leveraged long positions. Periodic payments between long and short
Pharos Network (PROS), a layer-one blockchain focused on real-world asset tokenization and artificial intelligence, has expanded its RealFi ecosystem with the addition of PGNGI+, a new on-chain product tied to global private infrastructure investments. The product, launched through on-chain asset protocol Asseto Finance, represents the first offering of its kind within the Pharos ecosystem, giving
Famed short-seller James Chanos believes that business intelligence firm Strategy is one of the greatest pure arbitrage opportunities he has ever seen. Chanos argued that there is an “$80B actionable spread” between Strategy and the Bitcoin it holds. Strategy owns an enormous amount of Bitcoin, but the stock market can value the company at substantially
Two prominent hedge funds significantly reduced their exposure to spot Bitcoin exchange-traded funds (ETFs) during the second quarter, according to recent regulatory filings. Brevan Howard cut its holdings of BlackRock’s iShares Bitcoin Trust (IBIT) by approximately 70.4%, while Graham Capital reduced its position by about 72% over the same period. Details from the 13F Filings
Harvard Management Company (HMC), which oversees Harvard University’s endowment, kept its position in BlackRock’s spot Bitcoin ETF (IBIT) unchanged during the second quarter of 2025, according to a U.S. Securities and Exchange Commission (SEC) 13F filing. The firm held 3,044,612 shares as of June 30, 2025, matching its previous quarter’s total. Context: A Shift in
The $BTC price prediction stays cautious as price grinds inside a well worn range, still capped by a descending trendline that has guided every rally lower since May. ETF flows and derivatives data both flashed mixed signals this week, with a fresh Monday inflow offsetting last week’s steepest outflow in over a month. Bitcoin Price
On Monday, CoinDesk reported that Goldman Sachs was downplaying the chance of the Federal Reserve raising interest rates in September, citing slower inflation and echoing dovish expectations among traders, a potential tailwind for bitcoin $BTC$64,177.56. New data is muddying that outlook. The first detail is the difference between the price of diesel and the cost
Nasdaq’s announcement that it will extend U.S. stock trading hours to 23 hours a day, five days a week starting in December has drawn sharp reactions from industry observers, with some noting that traditional exchanges are increasingly borrowing from the crypto market’s playbook. What Nasdaq’s Extended Hours Mean The new schedule, which will run from
Bitcoin is approaching an important liquidity zone as leveraged traders continue to shape short-term price action. Recent liquidation heatmap data shows sizable clusters on both sides of the market, leaving traders watching whether $BTC moves higher to trigger short liquidations or slips lower into leveraged long positions. The immediate upside area is around $64,600, where
Samson Mow, CEO of JAN3, has introduced a new Bitcoin price model called OMEGA60, which projects that Bitcoin could reach $1 million by February 2031. The announcement, made via a post on X, has drawn attention for its relatively conservative assumptions compared to other long-term forecasts. Understanding the OMEGA60 Model OMEGA60 is built on the