Bitcoin (BTC) traders are hedging against a potential market drop, with a massive options bet targeting a $60,000 price level for the flagship cryptocurrency. The block trade represents one of the largest bearish bets in recent weeks, suggesting deep pessimism about Bitcoin’s short-term prospects against a backdrop of looming macroeconomic uncertainties. Massive Put Option Signals Bearish Sentiment According to options trade analysts Greek.live, an investor bought Bitcoin puts expiring on April 25, with a strike price of $60,000. The transaction involved more than 1,000 BTC and has a notional value of almost $100 million. In the analysts’ opinion , the motive behind the move could either be extreme risk hedging or highly leveraged speculation. They warn against dismissing the bearish signals, reporting that negative sentiment is dominating trading flows, with increased demand for put options that profit from a drop in Bitcoin’s price. For instance, for the said $100 million bet to be successful, BTC has to lose at least 30% of its current value, which would translate to a drop of about $25,000. Traders are paying hefty premiums to protect themselves from such downsides, indicating a cautious outlook among their ranks brought about by the uncertainty surrounding BTC’s near-term outlook. The pessimism is also reflected in price projections over these short periods, with analysts like Michaël van de Poppe noting a key resistance level between $82,000 and $87,000. “Above $87K is the real acceleration and likely run towards a new ATH,” he tweeted. “Sub $82K is a test of the lows,” he added. Despite the turbulence, long-term BTC investors are remaining steadfast. According to findings by on-chain analytics platform Glassnode, holders who accumulated the number one cryptocurrency between 2020 and 2022 have largely resisted the urge to sell, even when the asset’s price briefly topped $108,000 earlier in the year. It is a different case with short-term traders. Many of them have been quick to panic, with episodes of capitulation occurring during the last few dips when they sold their holdings at a loss. Rocky Price Performance Looking at the market, Bitcoin has managed a modest 0.8% gain in the last 24 hours. Trading at $84,635 at the time of writing, the asset oscillated between $82,649 and $85,438, with the current price being a 28.9% improvement across the previous 30 days. However, BTC is down slightly more than 3% over the past week and is almost 22% below its all-time high price. The first quarter of 2025 was one to forget, with the 12% dip registered in that period marking its worst start to a year since 2018. The post Trader Wagers Almost $100M on Bitcoin Dropping to $60K appeared first on CryptoPotato .
Fidelity Investments rolled out a retirement plan that invests directly in crypto on Thursday, giving investors another method for tapping this asset class. The brokerage firm offers bitcoin (BTC), ethereum (ETH) and Litecoin (LTC) to any U.S. citizen over the age of 18. The assets are custodied by Fidelity and held in a cold wallet. The crypto IRA product has no fees, and customers can invest in a Roth IRA, traditional IRA or rollover IRA, according to Fidelity's website. The new product comes as financial advisors are increasingly offering crypto to their clients. A survey by TMX Vetta Fi recently showed that 57% of advisors plan on increasing their allocations into crypto ETFs, although their biggest focus is in crypto equity ETFs. “Fidelity is committed to offering investment products and solutions to meet the changing needs and interests of our customers, accompanied by education and support,” a spokesperson told CoinDesk. Clients of the brokerage firm have increasingly voiced interest in a tax-advantaged way to trade and hold crypto, a person familiar with the matter, said. Fidelity already offers a number of crypto exchange-traded funds, which let investors track the prices of digital assets without directly investing in them. The company recently filed to list a Solana ETF on the Cboe Exchange.
Digital assets have grown into a multi-trillion-dollar market , yet they remain largely disconnected from traditional finance. Institutional investors increasingly want to own and monetize digital assets, but most banks, broker-dealers and asset managers operate on infrastructure designed for stocks and bonds — not blockchain-based assets. While spot crypto ETFs are an important step toward integration, they only enable passive exposure to the asset class. For digital assets to fully mature, they need a mechanism that bridges them with the entirety of the existing capital markets infrastructure in a familiar, regulated way. You're reading Crypto Long & Short , our weekly newsletter featuring insights, news and analysis for the professional investor. Sign up here to get it in your inbox every Wednesday. Enter American Depositary Receipts (ADRs). For nearly a century, receipts have served as that bridge for international stocks, debt and commodities, enabling U.S. investors to own foreign assets with the same ease as domestic securities. The first ADR— issued in 1927 —set the stage for a system that today facilitates trillions in global investment. ADRs work because they provide fungibility, economic and governance rights and U.S. regulatory oversight, all while ensuring efficient settlement through the Depository Trust & Clearing Corporation (DTCC). They enhance local liquidity and market access , as seen in Chinese companies listing on the London Stock Exchange and U.S. stocks trading in Brazil . Crypto as the modern foreign market Crypto-focused ADRs will play a similar role for digital assets. Just like foreign markets, crypto operates outside the traditional U.S. capital markets, making it difficult for most institutions to engage without specialized infrastructure. ADRs provide a regulated, accessible and familiar framework that enables: Seamless access – Crypto can be included in funds and held at existing banks and brokerage accounts, unlocking traditional capital markets utility. Efficient two-way convertibility – By not being limited to authorized intermediaries, ADRs provide asset owners the choice to convert underlying crypto and ADRs in-kind. Cost efficiency – ADR conversions are simple, same-day processes that do not require a NAV calculation. Fees are never deducted by selling the underlying crypto. Institutional workflow compatibility – Settlement through DTCC via unique identifiers like CUSIP and ISIN ensure seamless alignment with existing workflows. TradFi demands crypto Institutional demand for digital assets is surging , but most traditional market participants are still tied to DTCC rails and are not set up to directly interact with crypto. ADRs meet these firms where they are today, while also addressing key regulatory, compliance and operational hurdles: Regulation – ADRs are SEC-regulated securities with CUSIPs, ISINs and tickers, ensuring investor protection. Compliance – Only regulated entities (broker-dealers, banks, etc.) custody and service ADRs, maintaining high compliance standards. Operations – ADRs settle through traditional stock clearing systems, just like any other security. Unlocking market expansion By linking the $3 trillion crypto market with the $87 trillion securities market in DTCC , ADRs can drive institutional adoption and unlock new opportunities in the traditional markets, including the following: 24/7 trading – Crypto markets never close, but traditional securities do. ADRs enable round-the-clock trading of traditional securities, mitigating overnight and weekend risk. Since the launch of spot bitcoin ETFs in early 2024, BTC has experienced 10% swings on two separate weekends —moves that institutional investors could not fully capitalize on. Yield, lending & settlement – ADRs could be used for margin trading, settlement of spot crypto and futures trading, collateralized lending and structured products. Due to their unique ability to link ADR and spot crypto liquidity, ADRs are an ideal instrument to institutionalize these use cases. Custody choice – Investors can conveniently hold assets on-chain or in traditional brokerage accounts. Fund inclusion – Due to their security status, ADRs enable crypto ownership in ETFs and institutional portfolios. Conclusion: a foundation for institutional growth ADRs revolutionized global investing by making foreign stocks seamlessly available to U.S. investors. Now, there is a unique opportunity to continue this legacy of enabling market access. By providing a regulated, efficient and familiar bridge for institutions to engage with digital assets, ADRs could be the key to unlocking crypto’s next stage of growth and ultimately bring new institutional capital on-chain.
According to multiple accounts, U.S. President Donald Trump’s much-anticipated “Liberation Day” announcement is slated for 4 p.m. ET, broadcast from the White House Rose Garden. In the lead-up, financial markets have experienced pronounced fluctuations—touching equities, gold, and leading digital assets such as bitcoin. Here’s a breakdown of what has come to light so far and
The most prominent cryptocurrency, Bitcoin (BTC), has seen a dynamic shift in its investor base and price movements over the past few years. Although the overall share of wealth held by long-term Bitcoin investors has declined since its peak in November 2024, many who purchased Bitcoin between 2020 and 2022 seem to remain firmly in control of their holdings. Why has this shift occurred? And what might it mean for Bitcoin’s next move in an ever-volatile market? The Changing Distribution of Bitcoin Wealth Bitcoin has a history of making well-defined boom and bust cycles, in which the appearance of wealth shifts dramatically between various groups of investors. By recent counts, wealth held by those who bought Bitcoin 3-5 years ago has slipped by 3 percentage points since the November 2024 peak. But the amount of wealth still held by these investors is quite a lot “historically,” which just emphasizes how deeply the mid-term investor class has penetrated the Bitcoin economy. The ongoing concentration of wealth shows that a significant number of investors who purchased Bitcoin in the 2020–2022 timeframe remain set on holding their assets, likely in steadfast anticipation of prices continuing to appreciate. This cohort of investors not only bought during one of the most pronounced bull runs in Bitcoin’s history but also seems intent on holding their assets for the appreciable future. And this is probably a good thing for Bitcoin’s price trajectory—hence, all that concentration. In contrast, among investors who bought Bitcoin 5–7 years ago, a noticeable shift has occurred. By December 2024, when Bitcoin’s price had reached its zenith, more than two-thirds of these original investors had gotten out, almost certainly cashing in on the eye-popping prices. This indicates that the HODLers from back in the day are more prone to take profits when the market goes completely bonkers, which might be coloring our perception of past price action as “volatile.” Bitcoin’s Key Support Levels: What Investors Should Watch For Apart from the aforementioned investor trends, analysts watch key support levels for Bitcoin very closely. They can offer critical insights into the digital currency’s likely price movements. Support levels are price points at which Bitcoin has historically found buying interest. When it reaches these points, it often puts on the brakes and reverses direction—upward, in this case. Investor support is not a necessary condition for Bitcoin’s price not to fall further. But it certainly helps. As stated by analyst Ali Martinez, Bitcoin has four important support levels that investors need to pay close attention to: 1. $76,180 – This price level is one to keep a close eye on in the short term. If Bitcoin’s price drops to this level, it might show that there is significant resistance for push-it-down- further-into-the-abyss moments. A bounce off this level might happen and, if it does, would bolster the bulls and be taken by many observers as a precursor to another rally. In my previous post, I pointed out some indicators that make this level important. 2. $58,080 – The following support level resides at $58,080. A descent to this degree would suggest that the market is undergoing a more serious corrective phase—one that could originate from any number of recent macroeconomic developments or changes in investor mood and motivation. Should Bitcoin find itself at this level and then rebound, the next opportunity to buy could be during the aforementioned confirmation dip. 3. $43,740 – An additional decline that takes Bitcoin to $43,740 would offer an even clearer signal of a bearish turn. This same price level, however, is also our call for a test of not just mid-term, but also long-term support. From what we’ve seen of long-term Bitcoin price action, $43,740 is going to either hold or it’s not. If it doesn’t hold, then I imagine we’re looking at a 3-3.5K price possibility for a Bitcoin low. 4. $39,980—The lowest key support level at $39,980 is an area of extreme importance. If Bitcoin were to dip below this threshold, it would likely trigger widespread panic selling, potentially erasing much of the recent gains made during Bitcoin’s bull market. This would signal a broader bear market or a more profound consolidation period for Bitcoin. Understanding Investor Sentiment Amid Volatility Investor behavior is shifting, and the establishment of these key support levels is not an isolated event. What we are seeing now in the current landscape for Bitcoin investors is a reflection of both old hat and new investor patterns that could very well decide the near-term trajectory of this leading cryptocurrency. When you zoom in on the chart of market conditions evolving for Bitcoin, what you will see, when squinting or otherwise, are the three price level markers acting as support that traders and investors are vigilantly observing for any signs of assertive upward or downward price movements. It is also important to consider that Bitcoin’s investor base remains relatively stable compared to past market cycles. Although the percentage of wealth held by those who bought Bitcoin over the 2020-2022 timeframe seems to have decreased slightly, these investors still hold a significant amount of wealth that gives them the ability to sway the market. This suggests that a significant portion of the supply remains off the market. Furthermore, the circumstance in which two-thirds of Bitcoin holders from 5 to 7 years ago have parted with their positions suggests that long-term investors are more than willing to cash in during price-surge moments. These cash-out times, in all likelihood, serve to crank up the volatility of Bitcoin’s big price hike moments even more. Conclusion: Monitoring Support Levels and Market Trends As an asset class, Bitcoin is maturing, and it’s becoming increasingly important to understand the different groups of investors who are drawn to it and, more to the point, the critical price levels at which the Bitcoin finds support. Recent declines in the market shares held by those who bought their Bitcoins 3 to 5 years ago now look like some kind of shift, but the data also make it clear that those same “long-term” investors are still holding substantial amounts of BTC. It will be crucial for traders and investors to pay careful attention to the vital support levels of $76,180, $58,080, $43,740, and $39,980 to understand the possible price movements of Bitcoin. These levels will act as both psychological and technical benchmarks for Bitcoin’s price to determine the entry and exit points for traders in the short to medium Bitcoin’s price movements. In the end, Bitcoin could give us clues about its next steps based on how it behaves around these important support zones. If it can stay above them, we might see it push up in price; if it falls below, then that could set us up for a longer corrective phase or some sort of bear market. Do you watch these levels, and if so, how do you make sense of them in the always unpredictable world of trading Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. 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US President Donald Trump’s Liberation Day is finally here. He plans to unveil several reciprocal tariffs, which could significantly impact the crypto market. The Bitcoin price has surged ahead of this event, although it remains unknown if it will stay that way after the announcement. What To Know About Donald Trump’s Liberation Day As part of his Liberation Day schedule , Donald Trump has convened his expert trade council to finalize the reciprocal tariffs he intends to impose on several countries. The US President plans to announce these tariffs by 8 pm UTC today at the Rose Garden. He will unveil these tariffs, aimed at countries that have treated the US ‘unfairly.’ Although the details of the tariffs remain largely unknown, reports suggest that they could include a tiered system of 10% to 20% or a flat 20% global tariff. Meanwhile, the focus remains on the actions or tariffs that Trump may specifically impose on countries such as China, Canada, Mexico, and the EU as a whole. Traders on the prediction market Kalshi are betting that the reciprocal tariffs will majorly focus on China, Mexico, Canada, South Korea, Germany, India, Japan, France, and Brazil. There are concerns that the reciprocal tariffs could lead to a full-blown trade war between the US and these countries. In line with this, market experts have also discussed the economic risks and how these tariffs could lead to inflation, recession, or stagflation. Consequently, the crypto market could be greatly affected by these developments. It is worth mentioning that China, Japan, and South Korea have agreed to respond jointly to whatever tariffs the US imposes on them as part of Donald Trump’s Liberation Day move. Meanwhile, Canada and the EU have also made it clear that they will respond with counter-tariffs following Trump’s move. The Impact On The Crypto Market Donald Trump’s Liberation Day will undoubtedly greatly impact the crypto market. Experts have discussed how the market will likely react to the US president’s announcement of the reciprocal tariffs. Crypto financial firm Matrixport said the Bitcoin price and the broader crypto market will follow the stock market’s movement. This is based on the strong positive correlation between the flagship crypto and the stock market. Financial analysts are also divided on what direction prices could head following Trump’s tariffs announcement. FundStrat predicts a V-shaped rebound if Trump targets these tariffs at specific sectors. The financial firm argues that markets have overcorrected and that clarity could spark a rally. Goldman Sachs has increased the odds of a US recession to 35%, which is bearish for the crypto market. The bank cited GDP drag from weaker investment, higher costs, and global retaliation as what could spark this recession. The Bitcoin price has surged past the $86,000 mark ahead of Donald Trump’s Liberation Day announcement, which is undoubtedly a huge positive. However, a downtrend could still occur following the announcement. The post Donald Trump’s ‘Liberation Day’: What To Know And Impact On Crypto Market appeared first on CoinGape .
The volatility of the crypto market in Q1 of 2025 has been somewhat of a defining factor for the evolution of the landscape throughout major online industries. Rapid price swings of BTC, ETH, and other currencies have impacted all businesses relying on them and forced them into a position where they have to adapt or lose market stability. While some have benefited from this, others had to face a labyrinth of issues while figuring out solutions to the new challenges. One of the sectors that were most affected by these fluctuations is online gambling. Every digital casino that supports cryptocurrencies as a method of payment had to work on constant adjustments to their deposit and withdrawal system to account for the rapid changes in coin values. In a way, this added an extra layer of risk for the players, as they could both benefit and suffer from the risks involved. Platforms that offered promotions like TG Casino crypto bonuses have adapted using dynamic systems. These proved to be a preferred choice for a lot of players seeking a safe game during this uncertain period where a win today could be worth less tomorrow. Variations in crypto value have also impacted the eCommerce sector, especially the retailers that have a lot of transactions based on digital assets. These storefronts had to adjust their strategies multiple times in order to battle the dips and jumps that could lead to major losses. While some have switched to stablecoins, others mitigated risks through real-time price adjustments. The NFT market is similarly following the downwards trend , and so the demand has been fluctuating throughout this period. A certain number of investors are continuing with their influx into digital assets, but there are those who pulled back in fear of the unstable pricing. The tech sector has also had to adapt to the instability. Cloud services and online platforms that are open to digital currencies have had to find ways to mitigate potential losses. Revenue streams have been fairly unsteady in branches like blockchain-based cloud storage , VPN services, and AI processing. Additionally, the close connection between cloud computing and crypto mining has had a ripple effect throughout this world. As the prices of currencies vary, so does the cost of mining, which in turn makes the price of rented cloud processing power unstable as well. The stock market and investors from the institutional side have had their struggles in the push to maintain confidence. Companies that are implementing BTC on a higher level have seen their stocks move together with the crypto value, which has given short-term traders a window to jump in, but also given others ample reasons to be worried about long-term stability. Freelancers and the gig economy took a heavy hit in the parts of the sector that rely on cryptocurrencies as a method of payment. Independent workers have seen their earnings go wildly up and down depending on the timing of the transactions, which has led some platforms to offer instant conversions to stablecoins. Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. The post Crypto Volatility in Q1 2025 – How Is It Affecting Major Online Industries appeared first on Times Tabloid .
Bitcoin myth debunked by biggest skeptic with April Fools' Day prank
Bitcoin Price Analysis: Assessing Trade Tariff Impacts and Market Sentiment As Bitcoin’s volatility continues amidst global economic shifts, analysts warn that the cryptocurrency could retreat to previous lows if external
Bitcoin is hovering around $85,000 as Trump prepares to unleash sweeping tariffs on what he calls “Liberation Day.” But while some traders brace fo...