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Research Firm Favors Bitcoin 'Covered Strangle' Strategy to Enhance Portfolio Yield by 17%

Our favorite strategy is to buy Bitcoin Spot, Sell 100,000 strike call, and Sell 50,000 strike put for the December 2024 expiry, 10x research said in a note.

Mon May 20, 2024 09:51
Genesis Set to Return $3B Customer Assets in Finalized Bankruptcy Liquidation Plan

Bankruptcy claims began trading at 35% of account balance value when they were initially listed on claim trading marketplace Xclaim

Mon May 20, 2024 09:20
Steven Cohen's Point72 Also an Owner of Bitcoin Via Spot ETFs

Point72, the $34 billion hedge fund of billionaire and owner of the New York Mets, Steven Cohen, held $77.5 million of the Fidelity Wise Origin Bitcoin Fund (FBTC) as of the close of the first quarter, according to a filing.

Sat May 18, 2024 00:13
Solana's SOL Could Hit $200 By Month End, Hedge Fund Founder Says

The fifth-largest cryptocurrency is benefitting from multiple catalysts, including bustling meme coin and DeFi activity, upcoming network upgrade and increasing interest in restaking arriving to the ecosystem.

Fri May 17, 2024 21:52
Miners Eye Middle East as Next Region for Growth

The halving and a possible U.S. mining tax have miners considering new locations for basing their cost-sensitive operations.

Fri May 17, 2024 21:36

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