Bitcoin 15% futures basis 'insane' as BTC price sees record daily close
Bitcoin leveraged bets are off the table after repeated washouts, but BTC price action is seen beating all-time highs within days.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin leveraged bets are off the table after repeated washouts, but BTC price action is seen beating all-time highs within days.
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
Binance Futures Surge 80% in June as Spot Markets Hit Two-Year Low
Binance reportedly saw a significant increase in futures trading volume last month, with figures suggesting an 80% jump from May’s...
Crypto Market Sheds $300 Billion as Leveraged Bets Unravel and Strategy’s Treasury Model Falters
Cryptocurrencies shed $300 billion in the harshest selloff in months as leveraged bets unraveled, Strategy Inc. falters, and regul...
Microsoft Copilot AI Predicts Insane XRP Price by End Of 2026
Microsoft Copilot AI just dropped one of the most updated rich XRP price predictions in this series, pulling in a July 2026 data p...
Bitwise Sees a Bottom in Bitcoin’s Worst Vibes Yet: ‘Darkest Before the Dawn’
Bitcoin Magazine Bitwise Sees a Bottom in Bitcoin’s Worst Vibes Yet: ‘Darkest Before the Dawn’ Bitcoin closed the second quarter o...
Stablecoins are moving more money while crypto’s cash pile gets smaller
Adjusted stablecoin transaction volume reached a record $1.79 trillion in June, according to Visa Onchain Analytics, up 63% from M...
Crypto News, July 12: Stablecoin Market Cap Drops Amid Memecoin Rotation as CLARITY Act Advances, Bitcoin and Ethereum Price Hold Firm
The stablecoin market has lost more than $10 billion since May, but it might not be a warning sign. Instead, money is flowing into...