For most of the month, traders had a pretty good explanation for Bitcoin’s refusal to budge. A dense cluster of options contracts, they argued, was holding the price in a cage between $60,000 and $65,000, […]
Bitcoin pushed up into the mid 64s, flirted with a breakout, then faded. If you felt that whiplash, you were not alone. The move stalled right where traders expected heat, and something important happened under […]
TL;DR Galaxy Digital CEO Mike Novogratz identified excessive leverage as a key factor behind the June crypto drawdown. The view fits with a market environment where derivatives positioning can amplify spot-market weakness. Risk note: Do […]
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and […]
The promise of decentralized finance was once a clarion call for a democratic financial revolution. It envisioned a world where the rigid, exclusionary walls of traditional banking would be replaced by transparent, automated, permissionless systems. […]
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