$BTC This week’s batch of Bitcoin options contracts has a put/call ratio of 0.54, meaning that there are many more longs than shorts expiring. Max pain is around $68,000, according to Coinglass, which is close to current spot prices, so many could be in the money on expiry.
Open interest (OI), or the value or number of Bitcoin options contracts yet to expire, remains highest at the $60,000 strike price on Deribit, with $1.5 billion in bearish bets.
Total BTC options OI across all exchanges has fallen back following the end of the Q1 expiry event and is currently 31 billion.
Bitcoin put (short) options are more expensive than those on Ethereum across multiple all-time frames, suggesting traders are more worried about BTC’s downside risk, noted Deribit this week.
$BTC The Trump administration imposed new tariffs on branded drugs from pharmaceutical companies that have not struck landmark deals with the president to lower their U.S. drug prices.
Patented medications and their active ingredients would be hit with a 100% tariff, but there are pathways for drugmakers to reduce or avoid the levies, a senior administration official said. The plan would represent another shift in Trump’s aggressive trade strategy, more than a month after the Supreme Court struck down the global levies he imposed in 2025, which excluded the pharmaceutical industry.
$BTC Metaplanet Adds 5,075 BTC in Q1, Becomes Third Largest Bitcoin Treasury
Bitcoin treasury firm Metaplanet purchased 5,075 BTC during Q1 2026 for around $405 million, according to its quarterly report.
The purchases bring its holdings to 40,177 BTC, with Metaplanet overtaking MARA Holdings to become the third-largest Bitcoin treasury company. Metaplanet's rise in the rankings is partly due to MARA's sale of around 15,000 BTC in March.
$SIREN Meme Coin SIREN Crashes 85% in a Single Day: Is Binance Responsible for the Meltdown?
SIREN, the meme coin that stunned the crypto community after a staggering price increase in March, has collapsed by double digits over the past 24 hours.
Some crypto commentators are not surprised by the meltdown since they previously warned that the project could be a scam.
It was just several days ago when SIREN’s valuation exploded to an all-time high of around $3.60, while its market cap surpassed $2 billion. The asset climbed the crypto ladder and entered the elite top 50 club after flipping Pi Network’s PI.
As many have alerted, though, its bull run was unsustainable, and SIREN nosedived by a whopping 85% over the past 24 hours, whereas its capitalization fell to a mere $200 million.
X user Honey, who has been among the most vocal critics of the meme coin, claimed the asset’s price has been “completely nuked,” suggesting that Binance may have played a role in the crash. The analyst assumed that the world’s largest cryptocurrency exchange “will keep listing and delisting these traps farming fees off liquidation cascades.”
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$ETH The coin market cap Altcoin index has risen to 51 what does it mean 💥🔥
An Altcoin Season Index reading of 51 means the cryptocurrency market is in a neutral or transition phase, where altcoins are starting to show strength against Bitcoin but have not yet entered a full "Altcoin Season".
This suggests a potential shift in market dynamics is underway, though it is not yet definitive.
The Altcoin Season Index measures how the top 100 cryptocurrencies (excluding stablecoins and wrapped tokens) have performed against Bitcoin over the past 90 days. The scale is broken down as follows:
A reading of 51 is a noteworthy change from a lower score and indicates that a market rotation may be beginning
Capital Rotation Begins: It suggests that capital, which often flows into Bitcoin first during a bull run, is starting to rotate into altcoins as investors look for higher returns. · Shift in Market Sentiment: This level is seen as a signal that investor sentiment is shifting and altcoins are beginning to attract more attention. · A Signal, Not a Confirmation: A score of 51 is often described as a "warning light" or "transition phase," not the final confirmation of a full-blown altseason. A true altseason is typically declared when the index reaches 75 or higher.
$BNB U.S. stock futures rose on Tuesday as oil prices reversed course to drop in overnight trading.
Futures tied to the S&P 500 rose 0.87%, while Nasdaq 100 futures added 0.86%. Dow Jones Industrial Average futures gained 432 points, or 0.95%.
Futures rose following a Wall Street Journal report that President Donald Trump had told aides he was willing to end military hostilities in the Middle East even if the Strait of Hormuz remained largely shut.
$BTC Nakamoto Inc. (NAKA), a Bitcoin (BTC) treasury company, sold approximately 284 Bitcoin (BTC) in March for about $20 million, trimming its treasury.
The sale, disclosed in the firm’s 10-K filing, implies an average exit price of roughly $70,422 per coin.