Short-term BTC puts are in demand after hawkish Fed dented the bullish sentiment in risk assets. What to know: BTC's seven-day puts trade at the highest volatility premium since September. The call skew in longer duration options continues to weaken.…
Bitcoin (BTC) experienced a sharp decline today, dropping from $105,500 to $100,227 after the U.S. Federal Reserve announced a quarter-point reduction in the benchmark interest rate. The sudden market movement left many traders reeling as bitcoin’s value hovered between $100,900…
The crypto mining sector witnessed significant economic improvements in December, with mining profitability reaching its highest levels in seven months. The hashprice, a key metric for daily profitability of the publicly listed Wall Street Bitcoin Miners, increased by 5% since…
Bitget Wallet, a Web3 non-custodial wallet, has integrated the HyperEVM testnet, offering users access to the Hyperliquid platform. In a press release shared with CryptoNews, Bitget said a feature has been added to the network to their custom mainnets, users…
Crypto markets have danced to the tune of the Santa Claus rally effect eight times in the last ten years, according to an interesting report from Coingecko, penned by analyst Lim Yu Qian. Holiday Cheer or Crypto Chill? Coingecko Breaks…
Bitcoin mining is becoming an unexpected solution to Europe’s energy problems, according to a Forbes report. During the energy crisis, miners are helping stabilize electricity grids and use extra energy that would otherwise go to waste. Although Bitcoin mining is…