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Bitcoin BTC$74,217.02 surged past $75,000 early Tuesday, helped by shifting dynamics in the derivatives market.Prices hit a high of $75,800, convincingly topping the long-term resistance corridor between $73,750 and $74,400, which reversed price trends three times since 2024, according to CoinDesk data.The so-called bullish breakout happened as traders closed bearish short positions initiated during the early February sell-off.”In bitcoin, the recent move has been driven largely by sizeable put selling around the $55,000 and $60,000 strikes, as traders increasingly recognized that these options were unlikely to expire in the money with only days remaining. The unwinding of these downside hedges…

Bitcoin BTC$74,397.48 has fallen back below $75,000, highlighting the fragility of its early Asian session rally to six-week highs.Prices rose to $75,912 early Tuesday, the highest since Feb. 4, according to CoinDesk data. 10x Research pointed to activity in the derivatives market as the main driver of that rally. Specifically, closure of large bearish bets tied to $60,000 put options likely powered gains. Further, as those puts were closed, market makers who had taken the other side of the trade needed to rebalance their exposure. That process can involve buying bitcoin, which likely created flows that pushed BTC’s spot price…

Bitcoin’s power law enters a 2026 stress test as Giovanni’s new chart shifts the debate from price targets to regime signalsBitcoin Power Law chart creator Giovanni Santostasi has added a new layer to one of crypto’s most durable valuation models.The chart shifts attention to Bitcoin’s movements away from the trend line, with a field of green and red rays that track Bitcoin’s 10-day local growth rate in log-log space against the long-run power-law curve.For years, the Bitcoin Power Law was mostly shown as a time-based price corridor, with attention fixed on whether spot traded above, below, or near the trend…

21Shares has officially updated the reference price mechanisms for four of its primary crypto exchange-traded products (ETPs), a move designed to align valuations more closely with spot market realities and enhance tracking efficiency. The operational update affects the 21Shares Bitcoin Core ETP (CBTC), the 21Shares Ethereum Core ETP (ETHC), the 21Shares Crypto Basket Index ETP (HODL), and the 21Shares Short Bitcoin ETP (SBTC). These adjustments are intended to mitigate discrepancies between the products’ Net Asset Value (NAV) and the underlying digital assets, ensuring that the vehicles meet the rigorous standards demanded by the growing wave of institutional investment entering the…

The US Treasury just sanctioned 6 individuals and 2 entities for laundering cryptocurrency tied to North Korean (DPRK) IT worker schemes. The numbers are staggering. Nearly $800 million was generated in 2024 alone. All of it funneled directly into Pyongyang’s weapons programs. The network was operating from Vietnam, Laos, and Spain. North Korean operatives are using stolen identities to land remote jobs at US companies. Real salaries. Real access. All feeding a weapons budget on the other side of the world. Treasury is cutting the financial arteries that make it possible. DISCOVER: The Next 1000x Crypto Gem Before It Lists…

BlackRock’s digital assets head, Robert Mitchnick, said the $14 trillion asset manager won’t get too creative with the types of crypto exchange-traded funds it offers, even as it launched a staking-focused Ether ETF on Thursday.Speaking on CNBC’s Crypto World segment on Friday, Mitchnick acknowledged that some of the crypto ETF structures that other asset managers are experimenting with may appeal to certain investors, but said BlackRock will continue to take a more measured approach:”Will we see some more exotic structures coming into the space? I think no question,” Mitchnick said. “Some of those will be interesting. Some of them will…

Bitcoin’s network has been running nonstop since 2009. The question nobody had rigorously answered until now is what it would actually take to break it.Researchers at the Cambridge Centre for Alternative Finance last week published the first longitudinal study of Bitcoin blockchain’s resilience to physical infrastructure disruption, analyzing 11 years of peer-to-peer network data against 68 verified submarine cable fault events.The headline finding is that between 72% and 92% of the world’s inter-country submarine cables would need to fail simultaneously before Bitcoin experiences significant node disconnection.In a world where the Strait of Hormuz is currently disrupted and infrastructure vulnerability is…

Ethereum co-founder Vitalik Buterin says large political efforts to regulate artificial intelligence could backfire. Vitalik Buterin has said that his previous donation to the Future of Life Institute (FLI) does not mean that he agrees with the group’s current political stance on AI. According to him, big political campaigns about AI safety could lead to authoritarian outcomes or a global backlash if governments and corporations fight for control of the technology. Buterin Clarifies Link to FLI The Ethereum co-founder explained in a lengthy post on X that he got involved with FLI after Shiba Inu’s (SHIB) creators sent him half…

Bitcoin miners are caught in the tightest squeeze of the network’s history, and a new Wintermute report argues that simply waiting for the next bull run is no longer a strategy.  Instead, the firm says miners will have to reinvent themselves as infrastructure and treasury managers if they want to make it to the next halving. Wintermute analyst Jasper De Maere says the current mining cycle is structurally different from prior ones in 2018 and 2022. Bitcoin’s design cuts block rewards in half every four years, but this time the price has not doubled over the same window, which means…

Lawmakers said they will oversee the investigation to ensure authorities hold Binance accountable if sanctions violations are confirmed. Democratic Senators Chris Van Hollen, Elizabeth Warren, and Ruben Gallego confirmed that the United States Department of Justice is investigating whether crypto exchange Binance violated US sanctions laws by facilitating billions of dollars in transactions linked to Iran and entities associated with terrorism. The lawmakers, all members of the United States Senate Committee on Banking, Housing, and Urban Affairs, said the probe comes after their earlier request urging US authorities to examine the exchange’s compliance with sanctions regulations. DOJ’s Binance Investigation In…