Tag: Market

Crypto Market Muted After HBO Satoshi Reveal Falls Flat

A large bitcoin options trade anticipates a shift from the present low-volatility regime to a period of heightened price swings, potentially exceeding the $53,000-$87,000 range. The trade saw the entity pay a net premium of over $1 million to purchase 100 contracts of the $66,000 strike call and put options expiring on Nov. 29, according to data confirmed by Lin Chen, head of business development Asia at Deribit. A long straddle is preferred when the market is expected to move far enough in either direction to make the call or…

Maximizing returns in a volatile market: The role of Bitcoin yields

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. One of Bitcoin’s (BTC) most attractive features is its volatility, which is also its most daunting aspect. Managing this volatility is key, and native Bitcoin yields can help achieve this. These yields allow investors to build up their portfolios while protecting them from the worst of market movements. But volatility is by no means a flaw; it’s a feature of decentralized and permissionless crypto markets. After all,…

Bitget Token (BGB) Tumbles 52% on ‘Market Sluggishness,’ Crypto Exchange Says, While Promising Compensation

Flash crashes aren’t unusual in cryptocurrencies, although it is often difficult to explain why many holders of an asset suddenly decide they want to sell. In BGB’s case, the catalyst was likely “overall market sluggishness” stemming from holidays and Golden Week in Asia, among other factors, said Ryan Lee, chief analyst at Bitget Research, in an email. Source

Polymarket starts betting market on Satoshi Nakamoto’s identity

Polymarket traders have started betting on who the HBO documentary “Money Electric: The Bitcoin Mystery” will unmask as Satoshi Nakamoto, the anonymous creator of Bitcoin. On Oct. 4, Polymarket traders opened up a betting market for the big reveal of Satoshi Nakamoto, creator of Bitcoin (BTC). The market is set to resolve on Oct. 8, the premiere date for the new HBO documentary titled “Money Electric: The Bitcoin Mystery,” which promises to uncover the true identity of Bitcoin’s anonymous creator. In 2011, Satoshi disappeared from public view. Since then, a…

Bitcoin Whales Move Out Of Character With This Bull Market, What’s Happening?

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Este artículo también está disponible en español. Ki Young Ju, the founder of the on-chain analytics platform CryptoQuant, revealed that Bitcoin whales are currently moving out of character in terms of profit-taking. These whales likely believe that the bull is far from over, which is why they haven’t secured as much profit as they have done in previous bull runs.  Bitcoin Whales Have Taken Lesser Profits In This Market Cycle Than Past Ones Ki Young Ju mentioned in an X post that if the Bitcoin bull cycle were to end…