Bitcoin BTC$86,563.37 traders are increasingly taking defensive positions, bracing for a potential price drop below $80,000 in the new year. “Skew’s sharp step lower shows traders stacking puts, especially into the December 26 expiry, where open interest has concentrated at the $84K and $80K strikes,”… Read More
Kalshi is now offering tokenized versions of its event-contract wagers on Solana, the company told CNBC, marking its clearest bid yet to attract crypto traders who have gravitated to on-chain platforms like Polymarket. The setup tokenizes Kalshi’s existing event markets, spanning politics to macro data,… Read More
BitMine Immersion Technologies (BMNR), the Ethereum-centric crypto treasury firm helmed by Fundstrat’s Thomas Lee, said on Monday it acquired 96,798 in ether ETH$2,818.32 through last week continuing its buying spree while digital asset treasuries remain under pressure due to falling crypto prices. The latest purchase… Read More
HashKey has emerged as Hong Kong’s largest licensed crypto exchange, but its IPO filing reveals a company paying heavily for that position. According to filings published Monday with Hong Kong’s exchange, HashKey processed HK$638.4 billion (about $82 billion) in trading volume in 2024, around double… Read More
mNAV has become the go-to valuation shorthand for bitcoin treasury stocks — but a growing number of analysts are warning it oversimplifies the story. The rise of mNAV in bitcoin finance Over the past few years, a class of publicly traded companies has emerged whose… Read More
For the past twelve months, Strategy (MSTR) Executive Chairman Michael Saylor has maintained a consistent pattern, making a playful X post nearly every Sunday using a chart with orange dots to suggest a Monday announcement of additional bitcoin BTC$91,425.49 purchases. The pattern appeared to break… Read More
