Summary Deribit data shows $20k Bitcoin put options are now the third most crowded strike by open interest, with about $596m notional, behind $125k and $75k calls heading into the quarterly expiry. Despite the doomsday optics, much of the $20k put exposure likely reflects traders selling tail-risk insurance for premium rather than betting on a
Ryde Group, a Singapore-based ride-sharing and carpool platform, similar to Uber or Lyft, said Wednesday that it has adopted a crypto treasury strategy for its corporate reserve. The company said it will invest a portion of its corporate reserves into Bitcoin ($BTC), Ether (ETH), and Sol (SOL), with specific allocations and time of purchase to
Apyx, a dividend-backed stablecoin protocol, acquired an additional 33,888 shares of Strategy’s preferred stock instrument STRC, bringing its total holdings to 288,888 shares valued at approximately $29 million. We just bought more $STRC ❗️ After purchasing an additional 33,888 shares, Apyx now holds 288,888 $STRC. Enhanced digital credit yield is now onchain.And it’s coming for
Dutch market maker IMC Trading has hired Alex Casimo as chief commercial officer of its cryptocurrency business, according to a person with direct knowledge of the matter. Casimo started in his new role this week and is based in London, the person said, who spoke on condition of anonymity as the matter is private. The
DDC Enterprise bought 200 $BTC at $79,969 each, lifting its 2,383 $BTC treasury above its $66m market cap as it leans harder into a high‑beta Bitcoin proxy strategy. Summary DDC Enterprise added 200 $BTC at an average $79,969, taking its corporate stash to 2,383 $BTC worth about $165m and ranking 32nd among public Bitcoin holders.
The crypto market is down today and facing renewed pressure as inflation concerns grow due to the U.S.-Iran war, which is sending oil prices to new highs. With inflationary pressure on the U.S. economy mounting, crypto traders are now pricing out Fed rate cuts this year, a development that is bearish for crypto assets.
Cryptocurrencies like Bitcoin offer individuals complete control over their funds, but the same can’t be said for assets locked in vaults, according to the World Gold Council. On Thursday, the trade association formed and funded by the world’s leading gold mining companies proposed a framework for addressing complexities tied to tokenized gold, with the aim
The stablecoin debate in Washington is increasingly becoming a fight over a single question: who gets to keep deposit insurance on-chain? FDIC Chair Travis Hill signaled that payment stablecoins under the GENIUS Act should not qualify for pass-through insurance, while tokenized deposits that meet the legal definition of a deposit would retain the same insurance
FTX’s fourth round of distributing bankruptcy recoveries arrives at a different moment. The estate will begin sending roughly $2.2 billion to eligible creditors on Mar. 31, just as Bitcoin ($BTC) pushed back above $70,000 into what Glassnode called a thin $72,000-$82,000 on-chain zone. FTX announced on Mar. 18 that its fourth distribution will begin Mar.
A prominent Bitcoin influencer’s tearful public plea over losing his X monetization was brutally shut down by tech founder Nikita Bier, who exposed the creator’s use of a secondary account network. One of X’s most followed crypto influencers has been hit by the social media platform’s strict monetization rules. On Thursday, the crypto creator “The