Bitcoin’s BTC$68,545.84 muted price action is masking a buildup of downside risk in derivatives markets, where traders are increasingly positioning for a sharper move lower. According to a recent Bitfinex report, the options market is showing a persistent gap between implied and realized volatility, with implied volatility holding in the 48% to 55% range while […]
Ilya Lichtenstein, who was sentenced to five years in prison in November 2024 after pleading guilty to charges tied to the 2016 Bitfinex cryptocurrency exchange hack, was released from prison after just 14 months behind bars. “Thanks to President [Donald] Trump’s First Step Act, I have been released from prison early,” Lichtenstein said on X […]