Market Analysis Report (07 Aug 2025)
Main Idea
Bitcoin's implied volatility has dropped to levels last seen in October 2023, while Bitcoin asset manager Parataxis Holdings plans to go public via a $400 million SPAC merger.
Key Points
1. Bitcoin’s 30-day implied volatility has fallen to 36.5%, the lowest since October 2023, despite prices holding above $110,000.
2. Parataxis Holdings will go public through a $400 million SPAC merger with SilverBox Corp IV and plans to list on the NYSE under the ticker 'PRTX'.
3. Parataxis has raised $31 million to buy Bitcoin pre-listing and may raise an additional $400 million post-deal.
4. The firm employs low-volatility yield strategies and has expanded internationally, including acquiring South Korea-listed Bridge Biotherapeutics.
Description
Bitcoin Volatility Drops to 2023 Levels as Price Holds Above $110K | Tornado Cash Co-Founder Convicted on One Charge, Avoids Sanctions and Money Laundering Counts | Bitcoin Asset Manager Parataxis to Go Public in $400M SilverBox SPAC Deal