Research Firm Favors Bitcoin ‘Covered Strangle’ Strategy to Enhance Portfolio Yield by 17%
Our favorite strategy is to buy Bitcoin Spot, Sell 100,000 strike call, and Sell 50,000 strike put for the December 2024 expiry, 10x research said in a note.
Bitcoin
Renowned crypto trader’s last insights before a ‘couple of weeks’ break
The cryptocurrency market led by Bitcoin (BTC) rose this week, but the resurgence stalled momentarily, with the maiden digital asset … Continue reading
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Venezuela to shut down cryptocurrency mining farms
Venezuela’s Ministry of Electric Power announced it would disconnect all cryptocurrency mining farms from the national power grid (SEN, Sistema … Continue reading
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Bitcoin surge incoming? Tether mints another $1 billion USDT
Tether, the world’s largest stablecoin issuer, has minted an additional 1 billion USDT through its treasury. This minting has sparked … Continue reading
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Protocol Village: Oobit Collaboration With TON Lets Users Spend Tether Sent Over Telegram
The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 16-22.
Bitcoin Rises Above $67K, but Lags Broader Crypto Market as ETH, SOL, LINK Post Big Gains
The CoinDesk 20 Index is higher by more than 4% over the past 24 hours as crypto’s big rally this week continues.
Internet Computer-Based ‘Bitfinity EVM’ Launches as Bitcoin L2, Supports Runes
The Bitfinity EVM is designed to allow developers to Bitcoin-based Solidity smart contracts, allowing them to transfer BTC, Ordinals and Runes.
First Mover Americas: Bitcoin Regains $66K Following Bullish ETF Data
The latest price moves in bitcoin (BTC) and crypto markets in context for May 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Traders Target $74K Next Week as BTC Spot ETFs Log Four Days of Inflows
One trader said rising risk appetite for alternative assets could cause bitcoin to exceed the $70,000 level over the weekend.
Coinbase Shares Sink 9% on Report CME to Consider Listing Spot Bitcoin
The stock was the second worst performing among crypto stocks on Thursday.