The record bullish skew in options on the company seen as a leveraged play on bitcoin has vanished as the BTC tailwind driven by the Treasury asset narrative loses momentum.
XRP Rockets 11% as Bitcoin Starts New Year With Bullish Bang
South Korean trading volumes supported an outperformance in XRP, as a CoinDesk analysis noted earlier this week.
Turkey Inflation Likely Missed Central Bank Target For End-2024
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Bitcoin-Leveraged Play MicroStrategy's Bullish Call Skew Disappears in Cautious Market Sentiment
The record bullish skew in MSTR options has disappeared as the bitcoin tailwind driven by the Treasury asset narrative loses momentum.
Garanti BBVA’s to Provide Crypto Trading Services in Hint of Things to Come
European banks will soon be offering crypto services to their customers in the EU, according to Spanish crypto exchange Bit2Me.
Ample supply, slow demand to temper oil price gains in 2025
(Reuters) -Oil prices are likely to be constrained near $70 a barrel in 2025 as weak demand from China and rising global supplies are expected to cast a shadow on OPEC+-led efforts to shore up the market, a Reuters monthly poll showed on Tuesday. The survey of 31 economists and analysts predicted that Brent crude would average $74.33 per barrel in 2025, down from a forecast of $74.53 in November, marking an eighth straight downward revision. The global benchmark Brent crude has averaged around $80 a barrel so far this year and was poised for a 3% yearly decline on weakening demand stemming from top importer China.
Morning Bid: Markets usher in 2025 with Trump trepidation
An air of caution lingered over markets on Thursday as Donald Trump's impending return to the White House - and his plans for hefty import tariffs, tax cuts and immigration restrictions - set the tone for the new year. With just over two weeks until the U.S. President-elect's Jan. 20 inauguration, investors were bracing for unpredictability in Trump's economic agenda and what that would mean for the global economy. Trump's talk of tariffs in excess of 60% on imports of Chinese goods has coincided with central government pledges of proactive policies to promote growth this year, muddying the outlook for an economy that has struggled for momentum.