Bitcoin displays severe capitulation signals as a 10-month downturn continues, with VanEck data showing high options put-to-call premium ratios and heavy downside protection spending despite low realized volatility and stabilizing spot prices around $65,000.
Le marché crypto attend la publication des minutes du FOMC. Malgré une consolidation, l'incertitude persiste quant à une possible hausse des taux, alors que les comportements des investisseurs institutionnels comme BlackRock et MicroStrategy divergent.
Semiconductor sector options market presents a dilemma: follow the bullish crowd or a significant bearish contrarian trade. The VanEck Semiconductor ETF (SMH) saw a bullish open put-to-call ratio, yet a $129 million bearish put trade suggests a contrarian view, potentially exploiting perceived undervalued volatility.
VanEck's Bitcoin ETF (HODL) concludes its zero-sponsor-fee period today, July 31, with $1.076 billion in net assets, falling below the $2.5 billion waiver threshold. A 0.20% annual sponsor fee will now apply to all trust assets, impacting investor costs and HODL's competitive standing against other spot-Bitcoin ETFs.
Corporate Bitcoin holdings, often financed by convertible notes and preferred shares, face maturity and dividend pressures that can force companies like Strategy and Bitdeer to sell BTC, impacting market supply regardless of long-term price beliefs.
Bitcoin has surpassed $66,000 for the first time since early June, extending its recovery despite thin spot market activity and derivatives traders paying heavily for downside protection. The rally is supported by long-term holders refusing to sell and recovering demand from US spot Bitcoin ETFs, but its sustainability depends on attracting broader spot buyers.
Nvidia's stock edged higher despite a broader chip sector decline, showing bullish options activity. This comes after a report claimed manufacturing delays for its next-gen server racks, which the company disputed.
Wall Street is valuing AI-leased megawatts significantly higher than those used for Bitcoin mining, with companies holding AI contracts trading at over 10x gross energy output compared to 2-6x for miners with no contracted capacity. This premium is being assigned before the capacity is fully built, creating a substantial funding gap.
Grayscale and VanEck have filed amended S-1 registration statements for their spot BNB ETFs, moving closer to potential SEC approval. BNB is the fourth-largest crypto by market cap but has not yet seen a US spot ETF, unlike Solana, Litecoin, and XRP.
Matthew Sigel of VanEck said Bitcoin could reach $1 million by the next US Presidential term. That puts a 1,150% increase as a 2031 target inside a market that is still trying to prove it can hold the $80,000 area. CryptoSlate's Bitcoin page shows BTC near $80,200 on May 9, with a market capitalization near […] The post Second Bitcoin ETF issuer predicts BTC hitting $1M – but cuts timeline to within the next US Presidential term appeared first on CryptoSlate.
VanEck’s Matthew Sigel says Bitcoin may reach $1 million in five years, comparing adoption trends to the video game industry’s shift to mainstream use.
VanEck analysts report bullish on-chain signals for Bitcoin, noting hash rate drawdowns historically resulted in 37.7% median gains 90 days later. Negative funding periods showed 11.5% average 30-day returns versus 4.5% overall, with returns jumping to 19.4% when funding dropped below -5%. Spot Bitcoin ETPs reversed five weeks of $4 billion outflows to net positive flows in six of seven weeks through April 11.
