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Crypto giant debuts WTI trading, but it’s a different model than Hyperliquid’s perps

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The Iran war has set oil on fire, and crypto exchanges are racing to offer 24/7 trading to fill trading gaps, with most copying decentralized giant Hyperliquid’s perpetual futures play. Crypto market-making giant Wintermute takes a different approach. On Tuesday, its derivatives unit, Wintermute Asia, launched over-the-counter (OTC) trading in WTI crude oil contracts for […]

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Bitcoin Holds Above $71,000 As Oil Falls Below $100 After US Proposes 15-Point Iran Peace Plan

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There is a 15-point peace plan on the table and bitcoin BTC$71,016.00 sitting at $71,000, just as the ongoing war between the US and Israel may actually end. Brent crude fell 4.7% to $99.55 on Wednesday, breaking below the $100 level it had held since mid-March, after Bloomberg reported that the United States had drawn

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Retailers perform worse in the prediction markets than sportsbooks

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Prediction markets are exciting, but they are not reliable wealth builders for retail users. Research by Citizens shows that users of retail predictions lose more money than legitimate sports bettors, with the sharpest traders and market makers capturing returns on the other side of their flow. The research note also reveals that the platforms draw

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Bitcoin Rises to $71,000 as Derivatives Signal Cautious Bullishness: Crypto Markets Today

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Bitcoin BTC$70,608.39 currently trading at around $71,000 after rising 0.25% since midnight UTC, adding to a broader 24-hour rally of 4%. Asian hours were favorable for AI tokens, with bit tensor (TAO) and FAT$0.2538 adding 5.8% and 4.1% each. The increase followed comments from Nvidia CEO Jensen Huang, who claimed that artificial general intelligence (AGI)

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The $75,000 Line in the Sand: What It Takes for BTC Price to Go ‘Full Bull’: Crypto Daybook Americas

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By Omkar Godbole (All times ET unless otherwise noted) Bitcoin BTC$70,738.82 and the broader crypto market pushes higher despite the geopolitical whiplash. While the resistance is impressive, a bullish trend change requires a firm move above $75,000. On Monday, President Donald Trump revealed a five-day delay in striking Iran and claimed that negotiations are underway.

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BTC finds stability on 2023 investor cost basis, repeating previous cycle

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Bitcoin recently found support at a key onchain metric – the average realized price for a specific year – in this case the 2023 cost basis. The average realized price for 2023 is currently around $63,700. During the local bottom in early February, when bitcoin fell about 50% from its October high, to around $60,000,

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BitGo and the SIG Crypto Team on Predicting Market Access

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BitGo Prime (BTGO) and Susquehanna Crypto said they are entering into a partnership to provide institutional clients with over-the-counter (OTC) access to predictable market trades using digital assets on BitGo’s platform as collateral. The offering is aimed at hedge funds, family offices and high-net-worth investors, allowing them to trade in event-driven contracts without relying on

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ParaFi Defies Crypto Market Downturn With $125 Million Raise for New Fund

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ParaFi, a New York-based digital asset manager backed by KKR co-founder Henry Kravis, raised $125 million for a new venture fund, Bloomberg reported. The cash comes on top of the $325 million that ParaFi said it has raised for existing crypto investment strategies since the start of 2025. The firm now manages about $2 billion.

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Wall Street broker Bernstein calls bitcoin (BTC) bottom, keeps year-end $150,000 target

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Bitcoin BTC$70,280.63 has likely bottomed out and is poised for further gains, Wall Street broker Bernstein said in a Tuesday note to clients, reiterating his $150,000 year-end price target. “We believe that Bitcoin has bottomed out and is now heading higher,” wrote analysts led by Gautam Chhugani. The world’s largest cryptocurrency was trading around $71,000

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