Markets
A $10M Options Bet on Ether Shows Positioning for a Bullish Second Half
A large ether bull call spread crossed the tape Friday, according to Amberdata. The trade involved December call options with strike prices at $1,900 and $2,500.

Sudden Crypto Volatility Spurs $216M in Losses, Liquidating Both Long and Short Positions
Cryptocurrency prices rose early Friday but then dropped sharply following a report that the SEC had deemed recent spot BTC filings inadequate.

Bitcoin Cash, FTX’s FTT Token and COMP Led Crypto Market Gains in June
Bitcoin cash added the most, almost tripling over the course of the month.

First Mover Americas: Fidelity Joins the Rush for Spot Bitcoin ETF
The latest price moves in crypto markets in context for June 30, 2023.

Bitcoin Steady Near $31K After Options Expiry; Dollar Index Rises Before Key U.S. Inflation Data
With the expiry done, the supposed price magnet at $26,500 from the max pain point is gone and prices could resume the upward journey, a common pattern during the bull market days of 2021.

U.S. Investors Are Driving Bitcoin’s Price Surge as Institutional Demand Rises
BTC price gains and trading activity have mostly concentrated during U.S. market hours, according to K33 Research.

Bitcoin, Ether Hold Steady as Investors Shrug Off Upbeat Economic Data, Rekindled Inflationary Concerns
Risk markets appear to have already priced in rate hikes, and remained largely unstirred by today’s unexpectedly strong economic data.

CME Group Announces Plans to Launch ETH to BTC Ratio Futures
The futures will be cash-settled, the derivatives exchange said.

First Mover Americas: Coinbase Responds to the SEC’s Lawsuit
The latest price moves in crypto markets in context for June 29, 2023.

CoinDesk Indices Smart Contract Platform Highlights the Difference Between Bitcoin and Ether Performance
Stablecoin supplies on smart contract platforms continue to trend downward, but the smart contract index has maintained a solid performance.
