
If Bitcoin breaks $62k over the weekend, a $1.1B short overhang stands ready to pull price down to $60k
Bitcoin enters the weekend with less market depth after a $9.6 billion options reset, putting $62,000 and the path to $60,000 in focus.

Bitcoin enters the weekend with less market depth after a $9.6 billion options reset, putting $62,000 and the path to $60,000 in focus.

Despite the wishes of crypto industry players, a massive rollback in enforcement actions could set a risky precedent.

Although the options platform is not officially for sale, it confirmed that a variety of parties have expressed interest in strategic investments.

According to Matt Hougan, the demand from this companies could impact the Bitcoin market in a positive and significant way.

The stablecoin registered a 78% growth in circulation, fueled by clearer rules and technology developments.

The trilateral cooperation highlighted the usage of malware and social engineering vectors in the attacks.

Both assets register $2.5 billion in assets under management currently, with a little over $500 million in inflows registered last year.

BlackRock also advocated Bitcoin exposure through its spot ETF, IBIT, as it deems direct exposure complex for many.

The cost of holding non-yielding assets like Bitcoin rises when Treasury yields spike.

This presents a shift to the model where tokens' price discovery movements happened in private markets.

The development was considered a big win, as it was granted by a circuit court.

IBIT led the bunch, with FBTC, ARKB, and BITB also making the list.

99% of financial advisors investing in crypto plan to maintain or increase exposure in 2025.
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