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Bitcoin options traders are shifting their bias from bearish to bullish — here’s what’s driving the change in sentiment.

Circle stock — the company behind the USDC stablecoin — is a ‘must hold’, according to asset management firm Bernstein: here’s why.

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TOP STORY

Bitcoin Options Traders Shift Bullish: Here's Their Strategy For Q3

Bitcoin traders are quietly adjusting their strategies, moving away from downside protection and increasingly positioning for potential gains, according to a new report from 10x Research.

The report — shared with Benzinga today — highlights a significant rotation from put buying to call selling, as recent market activity points to declining volatility and changing sentiment.

What’s driving the change in positioning?

Read the full scoop here.

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QUICK N DIRTY

Bitcoin, Ethereum, XRP and Dogecoin are moving sideways some more today, but traders expect bigger moves to come in Q3.

Strategy has bought another tranche of Bitcoin, adding over 5,000 BTC to its stack: here’s how much the company now holds.

XRP is up 9% in 7 days as the SEC case is nearing closure: can XRP finally break out of its consolidation pattern?

FINTECH FOCUS

Circle Stock Is A 'Must Hold,' Says Bernstein: Here's Why

Bernstein analysts expect Circle’s USD Coin to play a central role in the future of internet-scale payments.

The firm projects the total stablecoin market could grow from approximately $225 billion today to $4 trillion over the next decade, with Circle expected to capture a significant share, driven by its regulatory edge, liquidity lead and strong distribution partnerships.

The analysts described Circle as a "must-hold" stock for investors looking to participate in the evolution of digital dollar networks.

Bernstein’s price target for Circle stock?

Read the full scoop here.

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