Bitcoin’s $BTC$64,953.29 options market on the leading exchange, Deribit, is heavily concentrated around two specific price levels, and the positioning tells a clear bullish story. The $70,000 and $72,000 options have together accumulated a notional open interest of nearly $5 billion, representing roughly 18% of the platform’s total $BTC options open interest of $28 billion. […]
As Ethereum (ETH) price gained more than 13% over the past 30 days, cryptocurrency analyst Ali Martinez has set a key condition for the altcoin to rally above $2,000. Martinez noted that Ethereum’s price must hold above its recent support level at $1,850 to rally beyond $2,000, according to his latest X post on July […]
Bitcoin [$BTC], the largest cryptocurrency by market capitalization at $1.35 trillion, has moved through one of the most unprofitable stretches in its history. Notably, $BTC’s slump has now extended across three separate quarters and two calendar years. That performance has broken away from the equities market over the same window, leaving a wide band of […]
Bitcoin’s [$BTC] recent profitability profile may be the key factor setting the asset up for a longer-term rally, given the immediate structure of the market. The asset has climbed from a July low of $57,800 to $65,777 twenty-two days later, a recovery that has reshaped the position of the market’s newest participants. That rally brought […]
NYSE-listed KULR Technology, a company previously known for its aggressive Bitcoin accumulation strategy, has transferred 145.8 $BTC valued at approximately $9.45 million to Coinbase Prime, according to blockchain analytics firm EmberCN. The transaction, which occurred roughly five hours ago, marks another significant reduction in the firm’s digital asset holdings. Rapid Decline in Bitcoin Reserves EmberCN […]
Bitcoin has fallen below $65,000 after the Trump administration announced tariffs of 10% to 12.5% on imports from 60 trading partners covering more than 99% of U.S. trade. CNBC reported that the duties will take effect at 12:01 a.m. ET on Friday, replacing the temporary 10% global tariff scheduled to expire the same day. The […]
The debate over when Bitcoin’s bear market will end is largely split between two views. One camp still holds on to the traditional four-year cycle, while the other believes that the bottom may already be in. Grayscale, for one, favors the latter. Macro Over Market Cycles The supporters of the four-year cycle theory see Bitcoin […]
Bitcoin [$BTC] has witnessed accumulation. Spot demand was still weak but recovering. Recently, CryptoQuant data of exchange netflows demonstrated that 9,030 $BTC left Binance. Yet the Coinbase Premium Gap was negative, indicating that U.S. institutional investors were net sellers. AMBCrypto reported that there was reason to think seller exhaustion was at hand. This exhaustion and […]
The DeFi Report, a cryptocurrency analysis and data platform, shared a comprehensive assessment of Bitcoin ($BTC) and the broader cryptocurrency market in its latest report. Analyzing the bear market that has lasted for approximately 9.5 months (287 days), analysts have made critical observations at the intersection of on-chain metrics, buyer group behavior, and global macroeconomic […]