One position worth $126 million was just 4% away from being liquidated.
Treasury Secretary Scott Bessent Tuesday morning said the Trump administration is committed to lowering interest rates.
The total market cap of the 14 publicly-listed U.S. bitcoin miners that the bank tracks dropped 22% last month, the report said.
Most of these are covered calls, Deribit's Asia business development head said.
The IMF said bitcoin usage remains marginal in El Salvador, with minimal circulation as a payment method due to its high price volatility and low public trust.
The billionaire, a well-known bitcoin proponent, added he holds no bonds or stocks except for his own company shares.
Turkey's economic woes have buoyed crypto adoption in recent years as users have turned to cryptocurrency as a lifeline against double-digit inflation
Users will be able to stake native Berachain tokens via Infrared while generating added yields through a liquid staked token.
Trump seems to have taken a page out of his real estate negotiations in pitching XRP, ADA and SOL as candidates for crypto reserve to win over approval for bitcoin.
Tom Lee sees bitcoin finishing the year at over $150,000 and attributes the current drawdown to cyclical behavior.