Anthropic’s prospective $2 trillion IPO has already spawned nearly $80 million in crypto derivatives bets before its public debut. Open interest in futures linked to the Claude developer has climbed to about $79.27 million, close to a record $80 million, as traders position around what could become one of the largest initial public offerings ever
Bitcoin’s network is undergoing a significant transformation with micro-transactions now dominating. Recent reports indicate that transactions below 0.01 $BTC account for nearly 80% of all Bitcoin transactions. This shift reflects a departure from the past trend of larger transactions being more prevalent, potentially increasing Bitcoin’s mainstream adoption. For more details, see the report here. What
In brief Over five days in August, Bitcoin rose 24.6% while coin-denominated open interest fell 12.6%, meaning the rally ran on unwinding short positions rather than fresh bullish bets. The options market flipped after 361 straight days of puts pricing richer than calls, and the front of the futures curve repriced while the long end
Bitcoin rallied by 6% on Friday and reclaimed $80K as crude oil prices slipped below $100 per barrel. This eased fears of oil-driven inflation, sparking a strong rebound across U.S equity and crypto markets. For Fidelity, however, $BTC’s resilience also meant that it might be ready for its next bull market cycle run. Why Fidelity
Bitcoin price has bounced sharply from the September 15 low, but on-chain data suggests long-term holders aren’t driving the profit-taking. $BTC climbed from $74,965 to $81,502, marking a 9.15% recovery, while the SOPR data points mainly toward short-term holders realizing gains. Bitcoin Price Rebound Brings Short-Term Profit-Taking The SOPR Ratio, which compares LTH-SOPR with STH-SOPR,
Machi’s recent move to increase his long positions in Ethereum and Bitcoin to a total of $131 million has caught the attention of traders. As reported by the CryptoTwitter commentator @lookonchain, his holdings now include 32,600 $ETH valued at approximately $85.73 million. This development highlights a potential bullish sentiment amid recent market volatility. The Latest
Bitcoin is back to trading in the green territory, showing a substantial price gain over the last day following a major resurgence in the broader crypto market. With momentum building again, Bitcoin has now rebounded back above $81,000, but its rising reserves on Binance are raising questions about whether the recovery is backed by enough
Bitcoin price rebounded about 6% over the past 24 hours to trade near $81,300, with a short squeeze and improving technical momentum carrying the price to its highest level in two weeks. Bitcoin price action today Bitcoin ($BTC) price traded at approximately $81,330 at the time of writing after reaching an intraday high near $81,741,
According to onchain intelligence platform Arkham, New York-based financial services giant Morgan Stanley isn’t selling through its Bitcoin ETF. Arkham noted that Morgan Stanley’s Bitcoin ETF, MSBT, has bought $51.5 million of $BTC over the past 20 trading days, without a single day of outflows. Notably, it is one of the few Bitcoin funds with