Calls fell 85.2% to 148,000 underlying shares, while puts slipped 1.4% to 715,000.
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Chinese robot maker Unitree is preparing to go public with an IPO valuation of approximately $9 billion. Traders on the decentralized exchange Hyperliquid, however, are pricing the company at nearly $38 billion — roughly four times the IPO figure. This wide valuation gap has created significant leveraged positions on the platform. Analysts at Allium have warned that these bets could be highly vulnerable once actual public trading begins and market prices adjust to reality.
Swiss banking giant UBS has significantly increased its Bitcoin exposure through a 24-fold surge in call options tied to BlackRock's iShares Bitcoin Trust (IBIT). The bank's direct IBIT share holdings also grew by 12%, reaching 407,890 shares during the quarter. Meanwhile, UBS reduced its bearish put option exposure by roughly 53%, bringing it down to 143,300 underlying shares. The shift signals a notably more bullish stance by one of the world's largest banks toward Bitcoin investment products.
A country's Energy Ministry has imposed a year-round ban on Bitcoin mining operations within its capital city. The restriction was enacted to address ongoing power capacity shortages affecting regional electricity grids. Energy-intensive mining facilities had been placing significant strain on the local power infrastructure. The move targets what is reportedly the world's second-largest Bitcoin mining nation by hash rate. Authorities aim to stabilize energy supply by curbing the high electricity demands of crypto mining rigs.
Dubai-based crypto lawyer Irina Heaver and her team analyzed every major crypto investment deal recorded in the first half of 2026. Their findings reveal that $11.2 billion flowed into the crypto sector during this period. Major institutional players including BlackRock, Goldman Sachs, and Persian Gulf sovereign funds were among the key investors. Notably, all recorded investments were directed exclusively toward regulated crypto firms. Analysts suggest this shift signals a broader move away from crypto's traditionally permissionless and decentralized funding culture.
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