Bitcoin Plummets Leaving $8.6B in Options Lost
With 20% of the $10.6 billion in open interest in-the-money, bitcoin’s max pain price sits at $74,000, indicating potential volatility ahead. #Update #Crypto $BTC
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
With 20% of the $10.6 billion in open interest in-the-money, bitcoin’s max pain price sits at $74,000, indicating potential volatility ahead. #Update #Crypto $BTC
Fed Chair Kevin Warsh’s first interest-rate decision today may impact $BTC, with markets watching for a dovish tone or fewer than 80% of members projecting a December hike. #Update #Crypto $BTC
@BitGo offers MiCA-compliance solutions for crypto firms as the deadline approaches, with 75% of pre-MiCA firms expected to lose registration. Fees start at $2,000 monthly. #Update #Crypto $BTC $ETH
Gate adds RLUSD trading pairs with $XRP, $BTC, $ETH, and $USDT. Ripple highlights interoperability and capital efficiency benefits. Incentives aim to boost early demand. #Update #Crypto $XRP
Michael Saylor of @MicroStrategy highlights Bitcoin’s potential beyond payments, focusing on BTC-backed financial products for yield and stability in global markets. #Update #Crypto $BTC
Michael Saylor outlines a five-layer framework expanding Bitcoin’s financial applications, emphasizing income, liquidity, and stability needs. The model positions BTC as Digital Capital. #Update #Crypto $BTC
Researcher Sergio Lerner’s Patoshi Pattern attributes 1.1M $BTC to Satoshi Nakamoto, spanning 22,000 addresses. No movement in over 15 years could disrupt markets if changed. #Update #Crypto $BTC
Decentralized finance protocol @EchoProtocol suffered a $76.7M exploit after 1,000 unauthorized eBTC were minted due to an admin key compromise; investigation ongoing. #Breaking #Crypto $eBTC (-8) ↘
Bitcoin ($BTC) surged above $67,000 after a US-Iran ceasefire, but skepticism remains as futures basis is at 2% and put options show downside fear; institutional inflows of $86M provide some support. #Update #Crypto $BTC
Bitcoin rose 1.9% as May CPI hit 4.2% and Iran conflict risks eased, but Wintermute warns recovery is fragile with ETF demand weak. #Update #Crypto $BTC
Bitcoin ($BTC) rose 2.5% to $62,410 after the US CPI matched expectations at 4.2%, despite inflation concerns; however, it remains below key resistance levels. #Update #Crypto $BTC
Coinbase launched 21 features, including Bitcoin-backed mortgages and AI investment tools, enhancing its financial services suite. Fannie Mae accepts BTC as mortgage collateral. #Update #Crypto
@VanEck reports that Bitcoin miners’ shift to AI faces challenges, valuing firms based on “energized power”; companies like HIVE and Bitdeer show potential upside. #Update #Crypto $BTC
Stack’s Bowers auctions a rare funded Casascius 0.5 BTC token graded MS-66 on June 18, 2026, amid tightening collector supply. #Update #Crypto $BTC