In the world of cryptocurrency trading, Bitcoin options contracts play a crucial role, particularly as expiration dates approach. On October 11, approximately 18,800 contracts worth around $1.1 billion will expire, reflecting a trend reminiscent of the previous week. Notably, as implied volatility continues its descent, the impact of these expirations on the spot market seems
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Bitcoin has been making headlines lately as it hovers precariously above a significant support level. The cryptocurrency market is notoriously volatile, and recent activities point towards a scenario that could trigger substantial price movements. The latest analysis from on-chain data provider Santiment highlights that a considerable influx of over 30,000 BTC—worth nearly $1.83 billion—has been
Fidelity Investments, one of the leading asset managers globally, recently experienced a significant data breach that potentially impacted the personal information of over 77,000 customers. This security incident transpired between August 17 and August 19, 2024, when an unauthorized party gained access to sensitive information from two customer accounts. As revealed in a filing with
The landscape of digital engagement is transforming rapidly, particularly with the emergence of Web3 technologies. Within this evolving space, the SEED Telegram application rises as a noteworthy platform, inviting users to delve into decentralized ecosystems and earn rewards through unique interaction methods. As we brace ourselves for the anticipated SEED Airdrop slated for November, it’s
In recent weeks, Shiba Inu (SHIB) has experienced a notable downturn, plummeting by approximately 13% within a two-week timeframe, as reported by CoinGecko. This steep decline resonates with a broader negative sentiment permeating discussions on platforms like Telegram, where the tone surrounding the cryptocurrency has become increasingly pessimistic. A significant 45% of SHIB-related communications on
On October 10, 2023, the U.S. Securities and Exchange Commission (SEC) made headlines by charging Cumberland DRW, a prominent crypto market maker based in Chicago, with operating as an unregistered securities dealer. This move sparks significant discussions regarding regulatory oversight of the rapidly evolving cryptocurrency sector. The SEC claims that since March 2018, Cumberland has
Ripple, a prominent name in the cryptocurrency landscape, recently unveiled a suite of groundbreaking features designed to bolster its custody services under the Ripple Custody division. This strategic move is a clear indication of Ripple’s commitment to enhancing the security and management of digital assets in an increasingly digitalized financial ecosystem. Given the anticipated growth
World Liberty Financial (WLF), a cryptocurrency venture associated with former President Donald Trump, is seeking to make its mark in the decentralized finance (DeFi) landscape. The project has taken the significant step of submitting a formal proposal to the Aave governance forum, aiming to leverage Aave’s platform for its cryptocurrency services. This strategic move is
On October 10, South Korea’s Financial Services Commission (FSC) signaled a significant step in the country’s crypto regulations by announcing the formation of a Virtual Asset Committee. This dedicated body aims to provide strategic oversight and guidance for the approval of spot crypto exchange-traded funds (ETFs) in South Korea. By placing the committee under the
Bitcoin, a leading cryptocurrency, has recently faced significant market challenges, particularly as its price struggles to maintain a robust position above $60,000. Those closely monitoring the crypto landscape have noted a fascinating dichotomy: while short-term holders exhibit a tendency to sell during downturns, long-term investors are capitalizing on these market corrections. This divergence in behavior