Bitcoin's put/call open interest ratio dropped to 0.52 from 0.76, per Glassnode, as traders unwind bearish bets with BTC stabilizing near $67K. Bitcoin options put/call open interest ratio falls to 0.52, signaling growing bullish conviction.
Poolin, a once-prominent cryptocurrency mining pool operator, has initiated Chapter 11 bankruptcy proceedings in the United States as part of efforts to dispose of its Texas-based facilities and conclude its activities. The Singapore-headquartered firm, along with its American subsidiaries Lonestar Dream Inc.
Dogecoin (CRYPTO: DOGE) plunged 6% on Thursday, as Elon Musk admitted in an Economist interview that he got “carried away” with politics and the Department of Government Efficiency. What Did Musk Actually Say About DOGE?