Deribit Analysts Say Wall Street Has Reshaped Bitcoin Volatility And Liquidity

TL;DR Deribit Insights says Wall Street participation has changed Bitcoin’s market structure. The episode points to lower volatility, compressed basis trades and stronger institutional market-making. Options gamma is becoming large enough to matter for short-term spot market behavior. Bitcoin’s Market Structure Looks Different After ETFs A new Deribit Insights episode argues that Wall Street’s arrival…

Standard Chartered Says Bitcoin Bottomed Near $59,000 As Crypto Winter Ends

TL;DR Standard Chartered’s Geoffrey Kendrick reportedly says Bitcoin’s $59,000 area marked the cycle bottom. The note cites SpaceX IPO-related capital rotation and easing oil-price pressure as key catalysts. Kendrick reportedly maintains a $100,000 year-end Bitcoin target and a $4,000 Ethereum target. Standard Chartered Calls Bitcoin’s $59,000 Low The Cycle Bottom Standard Chartered analyst Geoffrey Kendrick…