Grayscale Bitcoin Covered Call ETF (BTCC) News

Express News | Golden Midday Report | Key Developments on September 7

Keywords (7:00-12:00): El Salvador, Citi, Arbitrum 1. Goldman Sachs: If tensions in the Middle East escalate, oil prices could rise to $120. 2. Iran states it is about to sign an agreement with Oman regarding the Strait of Hormuz. 3. Open interest in altcoin futures across all exchanges has surpassed that of Bitcoin for the first time since December 2024. 4. Jensen Huang congratulated OpenAI on the launch of GPT-6 Astra and declared that the era of AGI has arrived. 5. Total Value Locked (TVL) in DeFi on the Robinhood chain exceeded $908 million, marking a 29.62% increase over the past week. 6. A petition in South Korea to postpone taxation on virtual assets has garnered over 32,000 signatures, falling just 18,000 short of the threshold required for parliamentary review. 7. U.S. Senator: If the Clarity Act fails to pass in the current Congress, the next opportunity for market structure legislation may not arise until 2030.

Breakings9minutes ago

Express News | Bitcoin blockchain platform Liquid suffered a $320 million hack, with approximately 4,000 Bitcoin stolen.

A Bitcoin blockchain used by multiple cryptocurrency exchanges was hacked, resulting in losses of $320 million. This incident marks the latest in a recent series of thefts, shaking external confidence in the security of digital assets. Liquid Network, which developed a blockchain aimed at accelerating transaction speeds, stated in a post on X that its Liquid Federation wallet held approximately 4,200 Bitcoin, of which about 4,000 were stolen. This hack is the latest in a string of recent events, bringing cybersecurity issues in the cryptocurrency sector into sharp focus. Just last week, an attacker stole $6 million from a digital asset lending platform associated with Crypto.com. In August, the popular Bitcoin cold wallet Coldcard was also hacked, raising questions among the public about the safest ways to store such digital assets.

Breakings20minutes ago

Bitcoin Worth $320 Million Taken From BTC Layer 2 Solution by 'White-Hat Hackers' — 'Contact Us on Chain'

Bitcoin (CRYPTO: BTC) Layer 2 solution Liquid Network said on Sunday that white-hat hackers drained BTC worth tens of millions from the platform.What Exactly HappenedLiquid Network stated on X that

Benzinga42minutes ago

Bitcoin surged 22% in August, outperforming the Nasdaq! Correlation with gold hits six-year high as 'decoupling' debate intensifies

Key Takeaway: Bitcoin surged 22% in August, significantly outperforming the Nasdaq Composite’s roughly 5% gain during the same period, sparking market discussions of a "decoupling." Meanwhile, New Huo Group (0161...

CFTime10:30

Bitcoin Consolidates; Fed Rate Hike Expectations May Weigh -- Market Talk

0229 GMT - Bitcoin consolidates in Asia and is last at $79,934.60. U.S. payrolls increased well above expectations in August, raising expectations of a Fed rate hike later this month. Higher

WSJ10:29

Express News | BTC falls below $80,000

Market data shows that BTC has fallen below $80,000, currently trading at $79,989.42, with a 24-hour gain of 0.01%. Given the significant market volatility, please ensure proper risk management.

Breakings09:11

Bitcoin Poised for Third Consecutive Weekly Gain as Macro Pressures Mount

Bitcoin is on track to record its third consecutive weekly gain, as traders seek safe-haven assets amid heightened volatility in equity, foreign exchange, and bond markets. Bitcoin rose 4.6% last week, reaching an intraday high of $82,272.31 on Friday night—the highest level since May 11, when it touched $82,499.99. The cryptocurrency was last trading at $80,144. Bitcoin underperformed for much of the year, largely oscillating within the $60,000 to $70,000 range since early June. However, the digital asset broke through the $70,000 threshold in late August and has continued to climb, driven by a resurgence in so-called "currency debasement trades," namely...

AASTOCKS08:50

Express News | Aggregate open interest in altcoin futures contracts across the market has surpassed that of Bitcoin for the first time since December 2024.

On September 7, data from crypto analyst Ted showed that current open interest in altcoins on the crypto market has exceeded that of Bitcoin, marking the first time this has occurred since December 2024. Ted accompanied the data with the comment, "Do you remember what happened to altcoins after December 2024?" implying that altcoins are prone to sharp short-term rallies, which can easily trigger liquidation events.

Breakings08:36

Express News | ZEC surges to $1,200, leaving top short seller Garrett Jin with an unrealized loss of $25.7 million

On September 7, according to monitoring by EmberCN, as the price of ZEC surged from $400 to over $1,200 within three months, Garrett Jin, the largest short position holder among whale entities, incurred an unrealized loss of $25.7 million. He initiated a short position of 32,760 ZEC tokens in early July at an entry price of $444. The same whale entity also held a long position in BTC worth $107 million; while this position generated an unrealized profit of $4.42 million, it incurred $2.05 million in funding fees.

Breakings08:23

U.S. Treasury's Liquidity Injection vs. Fed Balance Sheet Reduction: Bitcoin Faces New Macro Squeeze

The U.S. Treasury is injecting liquidity through expanded repurchase agreements, while the Federal Reserve maintains high interest rates. Rising term premiums and fluctuations in real yields are reshaping the pricing logic for Bitcoin as a risk asset.

Zhitong Finance08:02

Bitcoin Mortgage Re-lending: Counterparty Risk Behind 360 Million in Pre-applications

Better and Coinbase have launched Bitcoin-collateralized mortgages that allow for the re-pledging of collateral. While this alleviates down payment pressure, borrowers face long-term lock-up periods and potential default risks, and must still meet traditional credit standards.

Zhitong Finance07:57

Weekly inflows into Solana ETFs plummeted by 97%, CME short positions decreased, and capital flowed into Bitcoin.

As of September 4, weekly net inflows into Solana ETFs plummeted by 97%, with only a handful of products like BSOL attracting any traction. CME data shows that net short positions on SOL have

Zhitong Finance07:55

13F Filings Reveal: Institutions Increase Holdings in Bitcoin ETFs and Mining Stocks, While AI Capital Remains Invested

Institutions such as Dikaina have increased their holdings in Bitcoin ETFs and mining companies, while retaining significant core AI assets. Data reveals that capital is not flowing out of the AI sector; rather, it is being selectively allocated to hybrid targets that possess both computing power and mining attributes, indicating a subtle evolution in market structure.

Zhitong Finance07:49

Express News | Golden Morning Brief | Overview of Key Overnight Developments on September 7

21:00-7:00 Keywords: Coinbase, US-Iran, AI 1. Trump administration appeals to Supreme Court again regarding restrictions on mail-in ballots 2. Iran: Restricted zones to be established outside the Strait of Hormuz in the coming days 3. Liquid Network suffers attack; white-hat hackers transfer approximately 4,000 BTC 4. Solana co-founder Toly criticizes Arbitrum co-founders again: Single sequencer model incurs higher costs 5. Vitalik: Value of Poseidon hash function highlighted; STARK technology performance exceeds early expectations 6. Market capitalization of tokenized stocks increased by $187.8 million over the past seven days, becoming the fastest-growing segment among all Real World Assets (RWAs) 7. Jiang Zhuoer explains reasons for liquidating BTC holdings: Potential correction may test the concentrated liquidation zone at $76,000

Breakings07:31

Bitcoin Surged 22% in August as Stocks Stalled: Is BTC Decoupling?

Bitcoin (CRYPTO: BTC) surged 22% in August while the Nasdaq (NASDAQ:NDAQ) barely moved 5% and its correlation with gold hit a six-year high, fueling a debate whether BTC is breaking away from its

Benzinga03:30

Anthony Scaramucci Once 'Felt Small' Next to a 23-Year-Old Billionaire Mark Zuckerberg—But The Bitcoin Bull Beat That Feeling by Embracing 'Pronoia'

Anthony Scaramucci, founder of SkyBridge Capital, recently encouraged people to reject negative emotions in the face of setbacks and instead embrace "pronoia."The Zuckerberg EnvyIn an Aug. 14

Benzinga01:30

Express News | Jiang Zhuoer explains the rationale for liquidating BTC positions: a potential pullback may occur, driving prices down to the $76,000 concentrated liquidation zone.

On September 6, Jiang Zhuoer, founder of the B.TOP mining pool, stated in a post that the market has not experienced a significant correction since Bitcoin’s sharp rally began on August 20. The market remains in the early stages of a bull run characterized by widespread distrust and skepticism, with many investors harboring deep-seated fears of a crash. Heatmap data indicates that the concentrated liquidation zone below $76,000 is larger than the area above $83,000. He believes the market is more likely to test the lower liquidation zone, citing this "magnetic effect" as the primary reason for selling his entire BTC position at $82,000 two days ago.

BreakingsSep 6 23:49

Weekend Round-Up: Bitcoin's Rollercoaster Ride, Strategy's 'Minuscule' Sale and More

This week was a whirlwind of activity in the cryptocurrency world. From Bitcoin's fluctuating fortunes to Strategy's controversial sale, the past few days have been nothing short of eventful.Let's

BenzingaSep 6 21:31

Express News | Willy Woo: Bitcoin is significantly decoupling from U.S. equities, reminiscent of the prelude to the 2017 Bitcoin bull market.

On September 6, crypto analyst Willy Woo stated that Bitcoin is significantly decoupling from the trend of U.S. equities. The last time such a pronounced decoupling occurred was in 2015, which served as a prelude to the 2017 Bitcoin bull market. In 2014, the stock market remained in a bull phase, while Bitcoin experienced a bear market unrelated to equity trends. From 2015 to 2016, the stock market exhibited weak and volatile performance for two consecutive years, whereas Bitcoin entered a bull market. Subsequently, in 2017, as the stock market also turned bullish, Bitcoin saw further substantial gains. Willy Woo believes that the current market landscape resembles that period: Bitcoin’s liquidity continues to strengthen, while the stock market is beginning to show signs of fragility.

BreakingsSep 6 21:18

The Debate on Blockchain Business Models: Tenant or Landlord?

Free does not necessarily mean beneficial.

Jinse FinanceSep 6 19:58