A $2 million bet on XRP volatility crosses the tape as prices surge
An options trader opened a large straddle on XRP, betting on wild price swings by Aug. 28.
Prices
Bitcoin nears key technical breakout that could propel prices to $76,000
Bitcoin is close to forming a pattern that analysts say could signal prices rising to as high as $76,000.
Bitcoin (BTC) price’s July gain survives hawkish Fed, AI meltdown and Coldcard fallout
Since then, average daily liquidations have remained well below this year’s typical $400 million-$500 million range, suggesting there has been little forced selling despite the macro shock, according to Bitfinex. “Crypto fell less than levered equity themes because the forced-selling fuel was already spent,” the… Read More
Prices retake $65,000 as oil slides, ETH outperforms
Risk-on peace trades are back in vogue after the U.S. and Iran held fire on Sunday, sending oil prices lower. Bitcoin BTC$65,485.12, the leading cryptocurrency by market value, is back above $65,000, with prices up about 1.2% over 24 hours. Ether (ETH) has risen by… Read More
A look at how falling Bitcoin prices, capital structure changes pushed STRC below $83 in just five weeks.
May 26: The company confirmed it had used its cash reserve to finance the bond repurchase. The transaction had reduced the fund to $871 million. The buyback reduced that reserve to roughly six months of STRC dividend coverage. The company had previously said the plan… Read More
Bitcoin (BTC), ether (ETH) prices slide while stocks gain alongside AI tokens: Crypto Markets Today
Bitcoin BTC$77,234.04 traded at $76,600 on Tuesday, down 0.8% since midnight UTC, as Monday’s brief bounce to $77,800 fades. The move leaves the largest cryptocurrency potentially forming another lower high in a bearish structure that has been in place since October, and down 7% over… Read More