Bitcoin is crashing, but options markets are calling for $111K BTC price by February
$2.9 billion in Bitcoin liquidations happened in December, but the flush out is preparing BTC for new highs.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
$2.9 billion in Bitcoin liquidations happened in December, but the flush out is preparing BTC for new highs.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
UK Crypto Broker GCEX Starts Offering Bitcoin and Ether Options to Professional Clients
Crypto prime broker GCEX began offering Bitcoin and Ether options to professional and institutional clients today (Thursday). The...
NY Seeks $1.37 Billion Judgment Against Operators of NovaTech Crypto Ponzi Scheme
Bitcoin Magazine NY Seeks $1.37 Billion Judgment Against Operators of NovaTech Crypto Ponzi Scheme New York Attorney General Letit...
Tokenized assets pull in more than $1 billion in fresh capital in 30 days
The surge in tokenized asset investments highlights growing interest in digital finance, but reliance on key players and measureme...
CME Group posts record $469.5 billion in crypto derivatives volume in Q3
CME's record crypto derivatives volume highlights growing institutional interest and potential for increased market stability and...
Raffles Family Office targets Asia’s stablecoin billionaires with new wealth management services
Raffles Family Office's focus on Asia's stablecoin billionaires highlights the growing need for tailored financial services in the...
China Moves to Confiscate $5 Billion in Bitcoin From Fraudster Who Fled to UK: Report
Bitcoin Magazine China Moves to Confiscate $5 Billion in Bitcoin From Fraudster Who Fled to UK: Report Chinese authorities are wor...