Trading of the ProShares Bitcoin Strategy ETF (BITO) was temporarily halted on Wednesday as investors, panicked by rumors that crypto exchange Binance might back out of a deal to buy rival FTX, ...
The CME bitcoin annualised basis has fallen to -2.35% its deepest backwardation since the extreme dislocations of the FTX collapse in November 2022, when the basis briefly approached -50%, according ...
Short-term holders (STHs) are now almost entirely underwater on their recent bitcoin BTC $91,367.06 purchases. Glassnode defines STHs as entities that have held bitcoin for less than 155 days. On June ...