Emirates NBD, the second-largest bank in the UAE, has called Bitcoin “digital gold,” aligning with a broader trend among financial institutions globally that perceive Bitcoin as a stable asset in turbulent markets. This statement also fits within the UAE’s strategy of fostering a welcoming environment for cryptocurrency innovations, as recent regulations have actively encouraged banks within the region to engage more deeply with digital assets.
Bitcoin recently experienced a significant 24% drop in value, which surprised many; however, those monitoring the CME CF Bitcoin Volatility Index (BVX) were more prepared, as the implied volatility had surged over 90% during the […]
In recent observations from the Q4 13F filings, major options market makers, including Jane Street, Citadel, and JPM, have significantly increased their long volatility exposure to options linked to IBIT, a Bitcoin ETF, with some […]
Bitcoin’s value fell below $80,000, wiping out all gains made since President Trump’s election, amid $2.7 billion in liquidations as reported by Wintermute. This steep decline illustrates the cryptocurrency’s sensitivity to political events, with increased […]