
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.

Profit volumes in Bitcoin addresses are 47 higher than losses, while options show record in open interest levels.

The settlement operations will use the bank's token JPM Coin, which already helps to process $2 billion in daily transactions.

The new administration can prompt more transparent rules and boost in crypto prices, while also motivating investors to be more selective.

The gaming sector grew by the third consecutive month, followed by the return of VC capital to Web3 general applications.

The blog post by Josh Stark comes amid the pair ETH/BTC hitting its lowest point since April 2021, at 0.03493 BTC.

As Bitcoin poises for upside regardless of the outcome, the altcoins' landscape would vary heavily after the results are out.

On-chain data platform Arkham Intelligence highlighted that the selling activity started right after known trader GCR advised caution.

The landscape is specially bad for altcoins, which need a catalyst to spark interest and propel a potential 'alt season.'

Comparatively, the fund has invested $7 million investment in Bitcoin, which was considered a 'big win' for Ethereum ETFs.

Polymarket bettors now believe that Harris will win two of the six swing states, which would make Pennsylvania the deciding factor in who wins the elections.

Matthew Sigel said the US Treasury Department's views on stablecoins are based on outdated academic views.

If approved, the proposed tokenomics would eliminate token emissions under regular conditions, transforming the token structure to be strictly deflationary.
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