The post Options open interest on the verge of breaking all-time high, calls for $30,000 Bitcoin appeared on BitcoinEthereumNews.com. Definition The total amount of funds (USD Value) allocated in options contracts. Quick Take Options open interest is on the verge of breaking an all-time high. Currently, 345,000 BTC ($8B)…
Dutch Central Bank Imposes $3.6 Million Penalty on Coinbase
The authorities claim the centralized exchange did not follow the rules. The exchange offered crypto services in the Netherlands without being registered. The Dutch central bank (DNB) has fined Coinbase, the leading cryptocurrency exchange in the United States, 3.3 million euros ($3.6 million) for failing to get the necessary registration before offering crypto services in […]
Biggest Movers: ADA Climbs to 11-Week High, as Crypto Markets React to US GDP Data
Cardano raced to an 11-week high on Thursday, as markets reacted to data showing that gross domestic product in the U.S. rose by 2.9%. The token rose by as much as 5% earlier in the day, climbing to its strongest point since November. Monero was also in the green, nearing a key resistance level in […]
ApeCoin [APE] moves to a higher range, but there’s an issue
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion APE could oscillate in a higher range if BTC maintains the $23K zone. There was a slight accumulation despite a drop in trading volume. ApeCoin [APE] has been oscillating between $5.386 and $6.000 since […]
Litecoin Whale Transactions Set New 2023 High, Bullish Signal?
On-chain data shows Litecoin whale transactions have jumped to new highs for 2023 recently. Here’s how this may impact the crypto’s price. Litecoin Transactions Valued Higher Than $1 Million Have Surged According to data from the on-chain analytics firm Santiment, the last two spikes led to significant rises in the price. The relevant indicator here […]
Ripple Will Win Now, ‘Zero Doubt,’ CryptoLaw Founder Says, But There’s a Catch
John Deaton says he is positive now that should Ripple case move to US Supreme Court, crypto giant will definitely win
Netflix, Apple, and WSJ Were Creditors to FTX, Filings Show
FTX’s lawyers have at last published a comprehensive, 116-page list of all creditors to the now defunct crypto exchange. Though roughly 9.7 million customer names are left redacted, the filing shows that FTX’s connections spanned from airlines to universities, to media giants. FTX’s Creditors The list, filed on Wednesday, shines a light on institutions invested […]
Cryptocurrency Exchange Luno Downsizes, Citing Difficult Market Conditions
LunoGlobal, a major cryptocurrency exchange, is cutting off approx. 35% of its workforce due to ongoing challenges the crypto market faces. In a recent statement, the head of the company cited the “incredibly tough year” as the reason for these lay-offs. The downsize will allegedly affect employees across various departments in the company. Luno has […]
Will Shiba Inu L2 be linked to Ethereum by Shibarium Bridge? Influencer touts massive news if true
Popular crypto influence said that the Shibarium bridge will allow easy transfer of assets between Ethereum and Shibarium. As the launch of Shibarium nears, more market payers are coming to the front to extend support to the Layer-2 protocol. The Shiba Inu developers have been working hard on the development of the Layer-2 scalability platform […]
Solana (SOL) Migrating to New NFT Standard in Next 60 Days
New asset class may likely become predominant standard