Bitcoin Options Signal Investor Pain Ahead of $46,000 Expiry
Deribit, a popular cryptocurrency derivatives exchange, has announced its move to Dubai, marking a significant shift in the exchange's operations. ThiThe cryptocurrency market is experiencing a mix of signals this week, with Bitcoin and Ethereum showing contrasting trends. While Bitcoin has seen a tThe price of bitcoin has surged to a 3-decade high, reaching $68,568.84 on Wednesday, as investors seek shelter from inflation concerns. The cryptocurIn a recent report, Matrixport, a cryptocurrency investment firm, highlighted the potential of bitcoin as a store of value, surpassing gold. The reporWormhole Network, a decentralized finance (DeFi) platform, has announced the launch of its token, tBTC, on the Ethereum blockchain. This move marks aThe cryptocurrency markets have been on an upswing this week, with Ethereum (ETH) and Bitcoin (BTC) leading the charge. According to Messari, ETH has
Strike, a fintech firm, has launched a new service that leverages the Lightning Network to facilitate fast and cheap cross-border payments. The servicThe price of Bitcoin and Ethereum has increased in the past 24 hours, with Bitcoin reaching $14,232 and Ethereum climbing to $38.93. The gains come asEthereum (ETH) has outperformed Bitcoin (BTC) in the latest weekly chart, with ETH/BTC's relative strength index (RSI) reaching 0.08. This indicates tThe latest data from Glassnode shows that bitcoin outflows have extended, with $670 million drained from exchanges in the past 24 hours. This comes asBinance.US, the US-based arm of the popular cryptocurrency exchange, is facing a lawsuit over an alleged unsecured loan scheme. The lawsuit, filed byBitcoin prices have rebounded to $62,000, erasing earlier losses of over 7% after a record-setting rally. The cryptocurrency had plunged to $67,200 on
Ethereum (ETH) has been on a tear recently, with prices surging above key resistance levels and setting new highs. The cryptocurrency has been trendinMulticoin Scientific has sold ether for $100 million, according to a recent tweet from the company's CEO. The sale comes as FTX, a decentralized exchaIn a recent turn of events, the CEO of MakerDAO, Rune Christensen, has announced that he will be stepping down from his position. This decision comesNYDIG, a financial technology company, has launched a Bitcoin bounty program to incentivize developers to complete tasks related to the development ofCoinbase has announced its entry into the derivatives trading market with the acquisition of FairX, a U.S.-based derivatives exchange. This move marksThe recent announcement of Ethereum's transition to a proof-of-stake (PoS) consensus algorithm has sparked both excitement and concern among investors
Institutional investors are increasingly showing interest in the cryptocurrency market, with Bitcoin prices surging in recent weeks. According to a reFTX, a cryptocurrency exchange, has filed for bankruptcy in the United States, seeking to restructure its debt and restart its operations. The companyBinance's UK head, Joanna Baker-Taylor, has left the company to join Goodbody as their new CEO. According to a statement provided to CoinDesk, Baker-TAfter a tumultuous week marked by heightened geopolitical tensions and a sudden drop in Bitcoin price, the cryptocurrency market has finally found somThe cryptocurrency market is experiencing mixed signals, with Bitcoin (BTC) hovering around $26,000 and Ethereum (ETH) seeing a slight increase. AccorThe bitcoin market has seen a significant improvement in liquidity, with the price of the cryptocurrency reaching new heights. According to data from
