WorldPingBitcoin derivatives traders are dragging a hefty book into September, with futures open interest at $54.82 billion while the spot price sits at $78,425 at 7 p.m. Eastern time on Aug. 30. Alongside this, options positioning tells a sharper story.
This is a short WorldPing brief. The full report was published by Bitcoin.com.
Read the full report at Bitcoin.com
WorldPingThe Aug. 25 unwind was capitalized into principal, while a one-time Sept. 24 test determines whether the $75,000 ceiling applies.
Brief by WorldPing · Original reporting by CryptoSlate
WorldPingOn Sunday, bitcoin’s price saw a rise of 1.5%, climbing to an intraday high of $78,960 before hitting some resistance. The leading crypto asset is attempting to acquire higher ground after falling from the $81,000 range a few days ago.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingBitcoin moves toward a post quantum future, Solana validators agree to curb rampant inflation and the bull case from Bernstein is for Bitcoin to peak at $500K this cycle.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingSpot Bitcoin ETFs shed $201.9 million on Aug. 28, ending a nine-day inflow run, even as Ethereum funds extended a 10-day streak with fresh cash.
Brief by WorldPing · Original reporting by Decrypt
WorldPingA Bitcoin rally to around $79,000 lifted the company's 840,447 BTC roughly $2.8 billion above its cost basis, as Saylor's "We're Back" post fueled speculation that Strategy may resume buying.
Brief by WorldPing · Original reporting by Decrypt
WorldPingFollowing the Coldcard exploit that occurred 30 days ago in July, the episode and others that followed appear to have rattled many long-term holders, as August brought an enormous wave of dormant coins moving to new addresses.
Brief by WorldPing · Original reporting by Bitcoin.com
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