Increased demand for downside protection reflects macro risks, not an imminent Bitcoin price collapse, which could help BTC avoid a trip down to $110,000. Key takeaways: Bitcoin futures premium stays in neutral range despite higher demand for price protection. Global economic uncertainty drives interest in hedging, not direct bets on falling BTC prices. Read more
Five years after our last global crypto policy review, America leads a pro-crypto shift while China retreats, and new “sovereign innovators” like El Salvador chart bold paths. Opinion by: Zack Kelman Five years ago, during our last Global Taxonomy of Crypto Policy, global banking insiders at the International Monetary Fund unveiled a strict new regulatory framework as the US president publicly (if skeptically) addressed crypto for the first time. Outsiders began sporadically banning Bitcoin (BTC), and exchanges relocated to offshore experimenters like Malta as crypto became irreversibly intertwined with global politics. Read more
Bitcoin lacks upward momentum as eyes fall on old all-time highs near $109,000 — can upside liquidity provide the springboard bulls need? Key points: Bitcoin bulls face multiple resistances as price stays stuck, but some see upside liquidity sparking a short squeeze. BTC price forecasts continue to see lower levels closer to $109,000 in the short term. Read more