
Bitcoin traders ran out of excuses for the market’s flatline – and now a $2.5 billion bet is running out of time
Traders spent July blaming an options wall for Bitcoin's paralysis, and the wall has now come down twice with nothing to show for it.

Traders spent July blaming an options wall for Bitcoin's paralysis, and the wall has now come down twice with nothing to show for it.

Everything ARK Investment touched is crumbling down and Cathie Wood's ETF is back to its pre-pandemic lows. However, investors are still holding tight.

On-chain data shows miners have been capitulating en masse throughout the year. However, this doesn't mean that they have been selling all of their BTC.

Crypto mining company Argo Blockchain failed to secure a fixed-price PPA earlier this year and has seen its cash flow devastated by rising electricity costs.

The U.K. is set to consult on launching a central bank digital currency (CBDC) in the coming weeks as part of its effort to regulate the crypto industry.

In text messages obtained by the NYT, CZ said that SBF was using Alameda to place trades designed to destabilize Tethter (USDT).

Data analyzed by CryptoSlate showed that roughly $3 billion worth of Bitcoin derivatives positions have been closed out in two months.

El Salvador has repurchased $74 million worth of its sovereign bonds maturing in 2023 and 2025.

There has never been a bigger supply of stablecoins sitting on the sidelines of the market, showing untapped liquidity that's waiting to be deployed into large-cap coins like BTC and ETH.

Bracing themselves for one of the harshest winters yet, miners are about to get at least some relief as they see the largest mining difficulty adjustment since July 2021.

The fight for energy has brought the E.U. to its knees as it struggles to satisfy demand with a weakened currency and rising prices. However, the aftermath of Europe's energy struggle could be beneficial to Bitcoin.

Core Scientific said in its quarterly report that "substantial doubt" exists about its ability to continue going if it fails to raise liquidity.

Conviction in Bitcoin remains high despite the FTX fallout, with on-chain data showing a promising increase in activity and new users.
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