
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.

The draft suggests allocating 2% of Exchange Stabilization Fund's portfolio value, with seized Bitcoin being used as a foundation for the Reserve.

Bitwise investment strategist estimates that fees generated from RWA-linked activity on Ethereum could ultimately surpass $100 billion annually.

Ethena Labs introduces USDtb, a stablecoin with BlackRock-backed security and multichain versatility.

Historical indicators suggest Bitcoin's price could soar between $160,000 and $290,000, depending on market dynamics.

The effective date for FTX's reorganization plan is Jan. 3, 2025, with distributions set to start within 60 days.

The long awaited Ripple USD will be available on five different platforms, with plans of expansion already revealed for the next weeks.

Projects building applications in the decentralized finance ecosystem saw a 31% growth in funding.

Expectations of a 25 basis points rate cut come to 98% as CPI numbers come as expected.

Bard Garlinghouse confirmed the regulator approval, stating the stablecoin will go live soon.

Matthew Sigel, VanEck's head of digital asset research, explains that Bitcoin and altcoins fuel themselves until the cycle reaches its top.

Despite not adding Bitcoin to its treasury for now, the company's board of directors stated that it continues to monitor trends and developments related to this market.

David Solomon acknowledged crypto as an interesting technology during the Reuters Next event, says there are no reputational risks in them.
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