Bitcoin Price Watch: Power-Law Model Says $58K May Be a Normal BTC Low
Bitcoin’s slide to $58,000 lines up with a power-law model’s idea of a normal cycle low, even as futures market data suggests room for a deeper drop.
Bitcoin’s slide to $58,000 lines up with a power-law model’s idea of a normal cycle low, even as futures market data suggests room for a deeper drop.
Cboe is reportedly considering a change to its crypto derivatives lineup, with BTC and ETH continuous futures potentially being converted into perpetual futures as U.S. regulation and rival products evolve.
Strategy has lifted its USD Reserve to $1.4 billion and added 520 Bitcoin, with the move funded by $335.5 million in MSTR share sales.