QCP Insights: Bitcoin Stuck in Tight Range as Volatility Hits Yearly Lows
Bitcoin’s implied volatility has dipped to yearly lows as price action remains muted in a tight $100K–$110K range. Traders are now pushing bullish bets into September, amid fading near-term catalysts. Bitcoin in a Lull as Market Awaits Catalyst Bitcoin is showing...
Bitcoin’s Price Blasts Higher With $81M in Shorts Burned—Fed Cut Bets Hold Firm
Bitcoin is cruising at $108,610, seeing an increase of over 2% in the past 24 hours; meanwhile, the whole digital currency market value rests at $3.38 trillion. This price climb occurs a single week before the Federal Open Market Committee (FOMC) gathering, which is...
Avalon Labs Burns 80 Million AVL Tokens to Kick Off Deflationary Phase
Avalon Labs has permanently burned 80 million AVL tokens, accounting for 44% of the circulating supply. According to an X post, the tokens, worth approximately $16 million, were unclaimed from the platform’s March 2024 airdrop campaign, which saw $20 million worth of...
Tether CEO Announces Plans to Open-Source Bitcoin Mining Operating System
Tether CEO Paolo Ardoino announced that the company will work towards open-sourcing its Bitcoin Mining Operating System (MOS), aiming to enable a new wave of bitcoin mining companies to enter the market and enhance network security. The MOS is designed to create a...Interesting 13
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