Bitcoin’s rally is accelerating, but 43% of holders are still at a loss, leading traders to favor put options. Will this week’s gains hold?
Key takeaways:
Derivatives and onchain data show a lack of bullish conviction, as 43% of Bitcoin holders remain at a loss despite recent price gains.
Surging AI energy demand is squeezing miner profits to record lows, forcing major listed firms to offload BTC and pivot to computing.
Ripple’s push into traditional finance appears to have taken another step forward after its institutional brokerage platform, Hidden Road, was...
Bitcoin Magazine Crypto Firm Zerohash is Seeking US National Trust Bank Charter Digital asset infrastructure firm Zerohash has applied for...
The infrastructure provider will support the planned launch of Western Union’s USDPT stablecoin on Solana, linking blockchain payments to its...
The US President makes it official after previously announcing his pick of Kevin Warsh to replace Fed chair Jerome Powell...
The bank's asset manager and 3iQ debut an actively managed crypto ETF to Canadian investors, offering exposure to Bitcoin, Ether,...
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