Bitcoin’s (BTC) price rally may have stalled lately, but bullish conviction certainly hasn’t, as whales continue to bet millions on an extended market rally. Recently, one such whale executed a significant bullish options play targeting $200,000 by the year’s end. The strategy involved the simultaneous purchase of 3,500 contracts of the Deribit-listed $140,000 December call […]
Futures tied to Volmex’s bitcoin (BTC) and ether (ETH) implied volatility indices, BVIV and EVIV, have registered a cumulative trading volume of over $10 million since their debut on decentralized leveraged trading platform gTrade. The Read More
Ark Invest, the investment firm led by Cathie Wood, offloaded $12 million worth of Coinbase (COIN) on Thursday, continuing the trend of taking profit from its investment in the crypto exchange. Recently, Ark has been selling Read More
What to Know XRP posted sharp losses during the July 24–25 session, dropping 8% as the token traded in a $0.30 range from $2.96 to $3.26. An early session rally fizzled after profit-taking intensified near the resistance level, while a Read More
NEW YORK — The government officially rested its case against Tornado Cash developer Roman Storm on Thursday, bringing eight days of witness testimony to a close. Storm’s defense introduced its first witness, Ethereum core developer Read More
Elon Musk’s artificial intelligence startup xAI is partnering with regulated prediction market Kalshi to bring its chatbot Grok into the world of real-money event forecasting, the companies said Thursday. The collaboration will allow Grok Read More
The creator of the Bored Ape Yacht Club non-fungible tokens (NFTs) needs to better prove that a “satirical” version of these tokens was meant to mislead would-be buyers, a U.S. appeals court said Wednesday, Read More
Polkadot’s DOT staged a strong recovery after slumping as much as 7%, bouncing from $3.91 to $4.08 amid high trading volumes, according to CoinDesk Research’s technical analysis model. The model showed that DOT navigated substantial price Read More
Strategy (MSTR), the world’s largest corporate bitcoin (BTC) holder helmed by Michael Saylor, has lifted the size its preferred stock offering STRC to $2 billion, Bloomberg reported on Thursday. That’s a significant raise from Read More
With over 100 layer-2 (L2) blockchains, you’re excused for thinking Ethereum is too expensive and too slow. But ask any institution preparing to settle a $500 million interest rate swap where they’ll build, and the Read More
