May 09, 2025
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Bettors Lose Millions Predicting the New Pope as Polymarket Edge Fizzles Out CoinDesk 20 Performance Update: Uniswap (UNI) Surges 13.5% as Index Trades Higher Market Maker Flowdesk Expands Capital Market Offerings With New Institutional Credit Desk DOGE, XRP, ETH, SOL Follow Bitcoin Through the Cloud as Altcoin Momentum Builds Crypto Daybook Americas: PEPE Signals Altcoin Frenzy as Rampant Ether Outpaces Bitcoin Germany Seizes $38M From Crypto Platform Suspected of Laundering Bybit, Genesis Hack Proceeds Bitcoin Sees Surge in Institutional Confidence, Deribit-Listed BTC Options Market Reveals Metaplanet Plans a Further $21M Bond Sale to Buy More BTC Florida Pharma Firm Will Use XRP for Real-Time Payments in $50M Financing Deal Bitcoin’s Price Surge to $104K Liquidates Nearly $400M in Bearish BTC Bets, Opening Doors to Further Gains

Institutional Investors Position for Bitcoin Volatility Into the U.S. Election

Some $350 million notional value of November call options traded on CME with a breakeven bitcoin price of nearly $80,000, anticipating a rally next month, one analyst noted.

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