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
Strategies
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
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
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
In the flourishing landscape of Web3 gaming, TON Kombat on Telegram stands out, captivating millions with its unique blend of strategic gameplay and fierce arena battles. The game invites players into an immersive environment where they choose one of eight distinct houses. Each house embodies a project from the TON ecosystem, fostering competition among players
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
Bitcoin, the foremost cryptocurrency, has recently encountered significant resistance at the $66,000 mark, raising concerns over its future trajectory. With the price breaking below the vital 200-day moving average, the broader market sentiment appears to be tilting towards pessimism. This article dissects the recent developments related to Bitcoin’s price movements and market indicators to provide
Bitcoin (BTC) has recently been on a tumultuous journey, marked by fluctuations that have left many investors apprehensive. As we delve deeper into the ongoing price movements and market indicators surrounding Bitcoin, it is essential to dissect both the bullish signals and potential red flags that could hinder its progress. Although the start of October
In a significant development within South Korea’s burgeoning cryptocurrency landscape, the Financial Services Commission (FSC) has announced an investigation into Upbit, the country’s leading crypto trading platform. This decision, confirmed by FSC Chairman Kim Byung-hwan, comes in response to growing concerns about Upbit’s substantial influence on the overall virtual asset market. As local news reports
As we delve into the state of the cryptocurrency market at the beginning of October 2023, it becomes apparent that a wave of uncertainty is permeating through major tokens such as Ethereum (ETH), Bitcoin (BTC), and Ripple (XRP). The overall sentiment is increasingly negative, suggesting a shift in investor confidence. An analysis by Santiment, a