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Bitcoin Traders Eye Long Term BTC Accumulation By Selling Put Options

Would you offer insurance when expecting low odds of a claim being made? Most likely, you would, while pocketing the premium without a second thought. Bitcoin (BTC) traders are doing something similar in the Deribit-listed BTC options market, hinting at bullish price expectations. Recently, an increasing number of traders have been selling (writing) BTC put

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Long-Term Bitcoin Holders Show Commitment, Buy More BTC Than Short-Term Holders Sell

For every 1 bitcoin (BTC) sold by short-term holders, long-term holders (LTHs) have accumulated 1.38 BTC in a clear sign of their commitment as the largest cryptocurrency continues to recover. Since bottoming out in January, LTHs have amassed 635,340 BTC, bringing their total holdings to 13,755,722 BTC, according to Glassnode data. Defined as those who

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Dubai’s VARA Warns of Firms Falsely Claiming to Be Part of Real Estate Tokenization Pilot

Dubai’s crypto regulator has issued an alert, warning of firms falsely claiming to be part of the city’s high-profile real estate tokenization pilot, saying that such misrepresentation may violate the emirate’s virtual asset laws. The Virtual Assets Regulatory Authority (VARA), in coordination with the Dubai Land Department (DLD), said on Tuesday that several entities have

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Bitcoin’s April Rally Driven By Institutions, While Retail Flees ETFs: Coinbase Exec

Bitcoin’s (BTC) breakout to $93,000 is being driven by deep-pocketed institutions, not retail exchange traded-fund (ETF) buyers, said Coinbase Institutional’s John D’Agostino on CNBC. The rally began in early April, as institutional investors, and sovereign wealth funds quietly accumulated BTC with their “patient pools of capital” while retail investors were still pulling capital from spot

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Solana Buying for Balance Sheet Gains Momentum as DeFi Development Raises Holdings to $48M

DeFi Development Corp (JNVR), formerly known as Janover, added another $9.9 million in Solana’s SOL to its corporate treasury, pushing total crypto holdings to 317,273 SOL or about $48 million, the company said on Wednesday. The purchase, made through BitGo’s over-the-counter desk, includes a tranche of locked SOL. These are tokens typically tied to vesting

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The Protocol: Will ETH Developers Swap Out the EVM for RISC-V?

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, the Ethereum protocol reporter on CoinDesk’s Tech team. In this issue: Vitalik Buterin Proposes Replacing Ethereum’s EVM With RISC-V Matter Labs, ZKsync Developer, Sued for Alleged Intellectual Property Theft Scroll’s Euclid Upgrade Pushes It Into ‘Stage

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