Long-term Bitcoin (BTC) whales selling covered calls, a strategy of selling call options that give the buyer the right but not an obligation to purchase an asset in the future at a predetermined price in exchange for the seller collecting a premium, is suppressing spot BTC prices, according to market analyst Jeff Park. Large, long-term BTC holders, also known as “whales” or “OGs,” introduce a disproportionate amount of sell-side pressure through this covered call strategy, partly because market makers are on the other side, buying the covered calls, Park said.…
Day: December 13, 2025
Hollywood Director Convicted After $11M Netflix Funds Diverted to Crypto Bets
Rinsch, best known for directing the 2013 film “47 Ronin,” now faces sentencing after the federal jury’s decision. Hollywood director Carl Erik Rinsch was convicted in Manhattan federal court for defrauding Netflix of $11 million intended for a science fiction television series that never materialized. A federal jury found the 48-year-old director guilty of multiple counts of wire fraud and money laundering, after prosecutors said he siphoned the funds for personal use, including high-risk stock trades, cryptocurrency investments, luxury cars, watches, and five-star hotel stays in California and Spain.…
Juventus owner rejects acquisition offer from Tether
Key Takeaways Exor N.V. has rejected Tether Investments’ offer to acquire its shares in Juventus Football Club. Exor and the Agnelli family reaffirm their commitment to retaining ownership and supporting Juventus. Share this article Juventus owner Exor N.V. has turned down Tether’s proposal to acquire its full 65.4% controlling stake in the football club, according to an official statement on Saturday. The decision, unanimously taken by Exor’s board of directors, came less than 24 hours after the crypto giant submitted its offer. The company stated it has no intention of…
Has Bitcoin Entered a Soft Correction or a Hidden Bear Market?
Market experts warn that BTC is balancing between a mild correction and a potential deeper bear phase. Bitcoin’s (BTC) price remains stuck around the $90,000 level, which has prompted renewed debate over where the market is headed as the year-end approaches. According to analyst Axel Adler Junior, the cryptocurrency is in a rare holding pattern: technically in a correction, but still far from the deep drawdowns that have historically defined full bear markets. $90K Range Standstill In his latest analysis, Adler said that Bitcoin’s current maximum correction stands at…
SEC Publishes Crypto Custody and Wallet Primer for Investing Public
The United States Securities and Exchange Commission (SEC) published a crypto wallet and custody guide investor bulletin on Friday, outlining best practices and common risks of different forms of crypto storage for the investing public. The SEC’s bulletin lists the benefits and risks of different methods of crypto custody, including self-custody versus allowing a third-party to hold digital assets on behalf of the investor. If investors choose third-party custody, they should understand the custodian’s policies, including whether it “rehypothecates” the assets held in custody by lending them out or if…
Almost One-Third of Bitcoin (BTC) Is Held by Big Players: Glassnode Finds
Bitcoin’s ownership profile is changing. Corporate treasuries and governments are now holding sizable portions of the circulating supply. In 2025, Bitcoin underwent a major transformation as institutional holders steadily absorbed the world’s largest crypto asset. In fact, new data revealed that nearly six million bitcoins are now held by large entities. This has left smaller investors with shrinking influence over supply. ETFs, Governments, and Corporations Tighten Their Grip Bitcoin (BTC) holdings are becoming increasingly concentrated among large institutions and custodians, according to the latest findings by Glassnode. Publicly listed…
SEC issues guidance on crypto asset custody for retail investors
Key Takeaways The SEC issued guidance explaining custody options and security tips for retail crypto asset investors. Investors must carefully choose between self-custody and third-party custody, each with distinct risks and responsibilities. Share this article The SEC’s Office of Investor Education and Assistance has released an Investor Bulletin to educate retail investors on crypto asset custody options. The bulletin covers the essentials of crypto wallets, including the distinction between hot and cold wallets, as well as the importance of securing private keys and seed phrases. It also provides guidance to…
XRP Must Break This Resistance to Reverse Bearish Trend
Ripple’s token remains under sustained bearish pressure as price continues to trade within a broader corrective structure. Despite several short-term relief rallies, sellers have maintained control, keeping the market confined below major resistance zones and preventing any meaningful trend reversal. Technical Analysis By Shayan The Daily Chart On the daily timeframe, XRP is firmly trading inside a descending channel that has defined the price action since the October peak. Each recovery attempt has been capped by the upper boundary of this channel, reinforcing the dominant bearish structure. The asset is…
Solana ETFs Buck The Trend With 7-Day Positive Inflow Streak
Solana (SOL) exchange-traded funds (ETFs) recorded a seven-day inflow streak, despite SOL’s downward price performance and a broader downturn in the crypto market. Tuesday marked the highest day of inflows during the seven-day streak, with about $16.6 million in capital flowing into SOL ETFs, according to data from investment management company Farside Investors. This brings the total net inflow into SOL ETFs to $674 million at the time of this writing, data from Farside shows. SOL ETF inflows. Source: Farside Investors SOL ETFs debuted in the US in July, with…
Bitcoin Price Analysis: BTC’s Next Big Move Is Brewing
Bitcoin remains stuck in a tightening range just above the $80K mark. Despite the recent bounce from sub-$85K levels, the overall market tone still leans cautious. There’s been no meaningful breakout, and sentiment hasn’t shifted bullish yet. BTC Technical Analysis By Shayan The Daily Chart On the daily timeframe, the price is still trapped inside the broader descending channel that’s been active over the past couple of months. BTC recently bounced from the $81K support zone and has since printed a series of higher lows. However, each push has been…