Category Alpha

Bitcoin’s options market has split into two very different regimes: a near-term tape that looks locked in place by dealer hedging, and a year-end s...

Bitcoin entered the third week of September under selling pressure that tested investor resilience but fell short of sparking the sort of capitulat...

Bitcoin is caught in a strange balance. On one side, long-term holders are consistently realizing gains at elevated levels, turning years-old coins...

The DeFi market is stabilizing at $160.56 billion in TVL, but data shows a liquidity split between spot and derivatives, while collateral remains c...

Bitcoin keeps trading in a relatively tight range in what looks more like a standoff than a directional move. Despite drops below “psychologically ...