Bitcoin enters the weekend with less market depth after a $9.6 billion options reset, putting $62,000 and the path to $60,000 in focus.
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If Bitcoin breaks $62k over the weekend, a $1.1B short overhang stands ready to pull price down to $60k

Bitcoin enters the weekend with less market depth after a $9.6 billion options reset, putting $62,000 and the path to $60,000 in focus.

Aug 1
 
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Good to see you this Saturday.

Crypto’s risk problem looks less like a single blowup than a series of weak signals spreading across products, balance sheets, and business models. New research on Bitcoin liquidations found the strongest recurring warning signs still cannot flag an individual crash, leaving readers with a harder truth: fragility is easier to spot in hindsight than in real time.

That uncertainty is showing up elsewhere. VanEck’s Bitcoin ETF has lost its fee holiday after missing growth targets, Aave is moving to wind down six low-revenue chains, and Coinbase posted another quarterly loss despite years of diversification beyond Bitcoin trading.


The global crypto market cap is $2.16 trillion, with a 24-hour volume of $39.39 billion. The price of Bitcoin is $63,039.75, and BTC market dominance is 58.4%. The price of Ethereum is $1,872.51, and ETH market dominance is 10.4%. The best-performing sector is BRC-20, which gained 7%. The Crypto Fear & Greed Index is currently Extreme Fear (27).


📰 Top News

If Bitcoin breaks $62k over the weekend, a $1.1B short overhang stands ready to pull price down to $60k

Bitcoin enters the weekend with less market depth after a $9.6 billion options reset, putting $62,000 and the path to $60,000 in focus.

New Bitcoin study shows the strongest recurring liquidation warning signs cannot warn of an individual crash

The order-flow pattern stood out across six events, while two observations still overlapped ordinary-market conditions.

The free ride for VanEck’s Bitcoin ETF is officially over after falling $1.4 billion short of growth target

The 0.20% sponsor fee applies after July 31, putting HODL level with BITB but one basis point above EZBC.


Buy Borrow Die Guide Series: Capital preservation in practice: how major players use high-LTV crypto-backed loans

A practical guide to using high-LTV crypto-backed loans to unlock liquidity without selling, covering LTV, liquidation thresholds, risk monitoring, loan recovery, and cross-collateralized portfolio management. Brought to you by CoinRabbit.

Read the Guide


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  • Why a $20 billion Bitstamp slump makes Robinhood’s retail app look far weaker than it really is

  • Dogecoin treasury firm borrowed $1.4M at 10.7% interest – promising repayment in CleanCore stock already pledged elsewhere

  • Coinbase spent 5 years building a life raft away from Bitcoin and still managed to lose $359M

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