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Markets

cryptocurrency October 11, 2024

Crypto markets will witness $1.61 billion in Bitcoin and Ethereum options contracts expire today. The massive expiration could cause a short-term price impact, particularly after Bitcoin briefly broke below $60,000. Advertisements With Bitcoin options valued at $1.10 billion and Ethereum at $510.08 million, traders are bracing for potential volatility. Why Bitcoin and Ethereum Could See Volatility […]

cryptocurrency October 9, 2024

Scroll, a zkRollup scaling solution for Ethereum, has announced an airdrop for its native token, SCR, which is about to debut on the Binance launchpool. Advertisements The SCR token enables Scroll’s mission of building scalable, secure infrastructure and accelerating real-world adoption with global distribution. Scroll Reveals SCR Airdrops Plans The Scroll ecosystem plans an airdrop […]

cryptocurrency October 5, 2024

Vitalik Buterin’s associated Ethereum wallet conducted a large transaction today, divesting a range of meme coins and Tether’s USDT for ETH. Advertisements Blockchain data reveals that developers sent these unsolicited meme tokens to Buterin’s wallet throughout the past year. Why Did Buterin Offload Over $300,000 in Meme Coins? On October 5, Buterin sold four different […]

cryptocurrency October 4, 2024

The cryptocurrency market is preparing for short-term volatility, with approximately $1.4 billion worth of Bitcoin and Ethereum options expiring today. Advertisements With Bitcoin options totaling $1.066 billion in notional value and Ethereum options accounting for $284.99 million, traders are eyeing the expiration for its potential impact on prices. Analysts Predict A Market Shakeout Amid Expiring […]

cryptocurrency September 28, 2024

Bitcoin and Ethereum ETFs (exchange-traded funds) recorded the highest multi-week inflows in the session ending Friday, September 27. This comes amid ongoing chatter about the crypto market’s recovery. Advertisements With a track record of less-than-desirable returns in September, given it has historically been Bitcoin’s worst-performing month, markets anticipate better fortunes in October as the month […]

cryptocurrency September 25, 2024

On September 23, 2024, the US Securities and Exchange Commission (SEC) published two separate notices announcing the extension of its review periods for multiple Ethereum ETFs. Advertisements BlackRock’s iShares Ethereum Trust (ETHA), Bitwise’s Ethereum ETF (ETHW), along with Grayscale’s Ethereum Trust (ETHE), and Ethereum Mini Trust (ETH) are among the funds awaiting the regulatory body’s […]

cryptocurrency September 23, 2024

BlackRock, the world’s largest asset manager, is seeking to amend its Bitcoin ETF (IBIT), which has been the top-performing ETF among its peers since launching on January 11. Advertisements Bitcoin ETFs continue to attract institutional demand, bringing Bitcoin exposure to Wall Street and expanding its reach beyond retail investors. BlackRock Files Bitcoin ETF Amendment In […]

cryptocurrency September 20, 2024

Ethereum team lead Péter Szilágyi said that ETH was never intended to be money. Instead, it was designed to support a decentralized applications. Advertisements A key selling point for long-term ETH holders has been its deflationary nature, but that narrative has gradually faded since the Dencun Upgrade in March. Ethereum Was Never Meant To Be […]