By Omkar Godbole (All times ET unless indicated otherwise) The week is off to a positive start with bitcoin BTC$90,151.98 up more than 1% at $89,800, approaching the upper end of the recent week-long range play between $85,000 and $90,000. Overhead supply between $92,000 and $95,000 remains a key hurdle to beat for the bulls, … Read more
Bitcoin (BTC) charged toward $90,000 during the early Asia trading hours on Monday as a key market metric suggested a “tactical” upside potential for BTC price. Key takeaways: Bitcoin is up 6.5% from recent lows, fueling “Santa Rally” hopes with targets up to $120,000. Short liquidations are dominating, which can provide fuel for the bulls. … Read more
The crypto market is bracing for a massive structural reset on Friday, with billions of dollars worth of bitcoin BTC$89,672.54 and ether ETH$3,037.26 options set to expire on Deribit. This colossal “Boxing Day” event, named for the holiday observed in many countries on Dec. 26, will see $23.6 billion in bitcoin options and $3.8 billion … Read more
Bitcoin (BTC) counts down to Christmas at a crossroads with bulls and bears locked in a struggle for control. Bitcoin price targets become increasingly divergent as frustration builds over the lack of a breakout. Japan ruffles feathers with record bond yields as gold and silver smash all-time highs. Bitcoin is anything but price discovery as … Read more
Indonesia’s Financial Services Authority (OJK) has published a whitelist of 29 licensed crypto platforms, officially spelling out which exchanges are legally allowed to operate in the country. The list, which includes names of entities and their apps or platforms, is meant to serve as an official reference for users to verify whether a provider is … Read more
Decentralized perpetuals exchange Hyperliquid has addressed community concerns about a wallet that was believed to be linked to the internal team selling large amounts of HYPE (HYPE). Co-founder Iliensinc said on Hyperliquid’s Discord channel Monday that the wallet flagged by the community for shorting HYPE belongs to an ex-employee who was terminated in the first … Read more
Metaplanet approved an overhaul of its capital structure on Monday, allowing Japan’s largest corporate Bitcoin holder to raise funds through dividend-paying preferred shares aimed at institutional investors. Investors approved five proposals that collectively expand the Metaplanet’s ability to issue preferred shares, introduce new dividend mechanics and open participation to overseas institutional capital, said Dylan … Read more
Hong Kong is plotting a move to unlock a multi-billion dollar capital pool for digital assets and related infrastructure, potentially marking a watershed moment for institutional crypto adoption in Asia. The Hong Kong Insurance Authority (IA) is proposing new rules that would allow the city’s 158 authorized insurers to channel funds into assets, including cryptocurrencies, … Read more
Dogecoin edged lower over the past 24 hours as selling pressure pushed the token below a key support level near $0.129, with elevated volume confirming a breakdown from its recent consolidation range. Market overview DOGE slipped roughly 0.3% over the 24-hour period ending Dec. 22, trading down from $0.1309 to $0.1305 after failing to hold … Read more
Binance, the leading crypto exchange by trading volume, has just made it possible for everyone to earn a passive-like income through ether options, opening up a strategy once limited to pros. The exchange announced in a press release shared with CoinDesk that it is allowing users to write (sell) ether options, helping them effectively manage … Read more