Bitcoin (BTC), Ether (ETH) Prone to Topside Volatility as $15B Options Expiry Looms

Bitcoin Ethereum  Bitcoin (BTC), Ether (ETH) Prone to Topside Volatility as $15B Options Expiry Looms  Balita ng Ethereum ng Bitcoin  “The big impact, however, is [from] the gamma positioning of dealers into the event. Dealers are short some $50 million of gamma, with the majority focused at around the $70,000 strike. As we near the expiry, that gamma position gets larger and the forced hedging will exacerbate volatility around $70,000, providing for some whippy, choppy moves either side of the said level,” Brickell told CoinDesk.

2024-03-28Ethereum

QuadrigaCX Mystery: Unexplained Wealth Order na Inihain Laban sa Co-Founder na si Michael Patryn

Tech  QuadrigaCX Mystery: Unexplained Wealth Order na Inihain Laban sa Co-Founder na si Michael Patryn  The British Columbia Civil Forfeiture Office has taken action against Michael Patryn, co-founder of the now-defunct QuadrigaCX cryptocurrency exchange, by filing an unexplained wealth order (UWO) with the British Columbia Supreme Court.  This move aims to seize a substantial amount of assets, including $250,200 in cash, 45 gold bars, luxury watches, and other items found in a safety deposit box linked to Patryn.  TLDR  British Columbias Civil Forfeiture Office has filed an unexplained wealth order (UWO) against QuadrigaCX co-founder Michael Patryn.  The order aims to seize assets including $250,200 in cash, 45 gold bars, luxury watches, and other items found in a safety deposit box linked to Patryn.  QuadrigaCX, once Canadas largest cryptocurrency exchange, became insolvent in 2019 after the death of its other co-founder, Gerald Cotten.  Patryn, who has a criminal record in the U.S., is alleged to have misappropriated customer funds and cryptocurrency during his involvement with QuadrigaCX.  The case highlights the challenges of combating financial crime in the cryptocurrency industry and may set a precedent for addressing unexplained wealth.  QuadrigaCX, once the largest cryptocurrency exchange in Canada, became insolvent in February 2019, shortly after the death of its other co-founder,  Gerald Cotten, who

2024-03-28Industriya

Ang mga Bitcoin Trader ay Naghahanda para sa Epekto sa gitna ng Futures Gap

Bitcoin  Ang mga Bitcoin Trader ay Naghahanda para sa Epekto sa gitna ng Futures Gap  Bitcoin traders are currently poised on the brink of potential turbulence, as the notable gap in futures pricing highlights an impending wave of market volatility. This gap serves as a vital indicator, revealing underlying market dynamics including the recent sell-side pressures and the intricate interplay of supply and demand forces. As the gap size mirrors investor sentiment and market strength or weakness, understanding these nuances becomes paramount for traders.  Through a blend of technical analysis and risk management strategies, informed decision-making is guided, enabling traders to navigate the uncertain waters ahead. Enhanced insights into how these factors coalesce could equip individuals with the tools necessary for mitigating risk and seizing opportunities in a fluctuating market landscape.  Key Takeaways  I‘ve found that keeping a keen eye on futures gaps has significantly sharpened my trading strategies. It’s exhilarating to navigate through the volatile waters of the cryptocurrency market, especially when you have the right tools and knowledge at your disposal. It feels like mastering a high-stakes game where the rewards can be substantial.  The platform I use boasts an impressive win rate of 82%, highlighting its reliability in predicting market movements.  They maintain full

2024-03-28Industriya

Sinabi ng Nangungunang Analyst na Blue Chip Ethereum Rival Eyeing Fresh 2024 Highs, Updates Outlook sa Bitcoin at Dogecoin

Bitcoin Ethereum  Sinabi ng Nangungunang Analyst na Blue Chip Ethereum Rival Eyeing Fresh 2024 Highs, Updates Outlook sa Bitcoin at Dogecoin  Balita ng Ethereum ng Bitcoin  A widely followed analyst and trader is offering his prediction on three crypto assets amid a slight bump in the markets.  Starting with the layer-one blockchain Near Protocol (NEAR), the analyst pseudonymously known as Bluntz nagsasabi his 251,200 subscribers on the social media platform X that the Ethereum (ETH) rival could rise above $9.01, the 22-month high last reached a little over a week ago.  “Will NEAR be the first Layer-1 in the top-50 (by market cap) back to fresh 2024 highs? I think the answer to that will be a resounding yes.”  According to the analyst who regularly uses the Elliott Wave theory in his technical analysis, two five-wave patterns are playing out on the four-hour chart of NEAR. The Elliott Wave theory states that the main trend of the price of an asset moves in a five-wave pattern while a correction occurs in a three-wave pattern.  Based on Bluntzs chart, one of the five-wave patterns could complete at above the $8.80 price while the second one could complete at around the $9.53 level.  Pinagmulan: Bluntz/X  Ang NEAR ay nakikipagkalakalan sa $7.84

2024-03-28Ethereum

Ang sell-side risk ratio ay umabot sa 3-taong mataas habang ang Bitcoin ay bumagsak sa itaas ng $73k

Bitcoin  Ang sell-side risk ratio ay umabot sa 3-taong mataas habang ang Bitcoin ay bumagsak sa itaas ng $73k  Balita ng Ethereum ng Bitcoin  Ang sell-side risk ratio is calculated by dividing the sum of all profits and losses realized on-chain by the realized capitalization, offering a comparative view of daily investor activity against the total market capitalization adjusted for real-time inflows and outflows.  A rise in this metric indicates a higher likelihood of sell-side pressure, potentially leading to increased market volatility.  Between Feb. 8 and March 13, the Bitcoin sell-side risk ratio saw a significant surge, climbing from 0.12% to 0.777%. This increase followed a significant rise in Bitcoins price from $45,330 to $73,104. This period marked the highest sell-side risk ratio and the first instance of the ratio surpassing the 0.75% threshold since March 9, 2021.  Following this peak, BTC dropped to $61,860 by Mar. 19 before to $70,000 on Mar. 26. The sell-side risk ratio adjusted to 0.556%.  Graph showing Bitcoins sell-side risk ratio from Jan. 1 to Mar. 26, 2024 (Source: Glassnode)  The increase of the sell-side risk ratio above its upper bound shows a period of among investors, often observed during the late stages of bull markets or bear market capitulation events. However,

2024-03-28Industriya

Blob base fee surges, Ethereum misses slots as ‘BlobScriptions’ go viral

Ethereum  Blob base fee surges, Ethereum misses slots as ‘BlobScriptions’ go viral  On Wednesday morning, the website Ethscriptions created a way to mint inscriptions on EIP-4844 blobs, which are cost-saving packets of data introduced in Ethereums recent Dencun upgrade.  As with other blockchains that have received the inscription treatment, so-called BlobScriptions have heavily driven up the price of blockspace — or in this case, blobspace.  Since Dencun, the base fee for a blob, or the minimum gas price needed for a blob to be included in the next Ethereum block, has been one wei, an Ethereum-denominated price that is equivalent to a fraction of $0.01.  Magbasa nang higit pa: Ang pinakamalaking pag-upgrade ng Ethereum ay naging live  Today, the blob base fee climbed above 500 gwei, according to ultrasound.money. One gwei is worth a billion wei.  At the time of writing, the blob fee was roughly 6 gwei, marking a 60 trillion percent increase over the one wei blobs cost in the two weeks since Dencun. Six gwei is equal to around $0.20, according to CoinBrain.  Notably, the much-increased blob fee is still lower than the price of gas on Ethereums layer-1, which stands at around 37 gwei, per Etherscan.  Nevertheless, at a price of one wei, blob space

2024-03-28Ethereum

Nalampasan ni Solana ang Ethereum sa gitna ng Memecoin Frenzy

Ethereum  Nalampasan ni Solana ang Ethereum sa gitna ng Memecoin Frenzy  Sa isang kapansin-pansing pag-unlad, ang dami ng kalakalan ng Solana ay tumaas sa $3.52 bilyon, na lumampas sa Ethereum ng $1.1 bilyon, isang malinaw na tagapagpahiwatig ng lumalagong impluwensya nito sa merkado ng crypto. Ang makabuluhang pagtaas na ito, na hinimok ng pagkahumaling sa memecoin, ay hindi lamang nagpapakita ng pagbabago sa mga trend ng digital asset ngunit nagpapakita rin ng lumalawak na pakikipag-ugnayan sa komunidad sa mga mas bagong handog na cryptocurrency tulad ng Book of Meme at Nap. Bukod pa rito, binibigyang-diin ng kaguluhan ang mga hamon sa scalability, habang ang network ay nahaharap sa kasikipan, na nag-udyok sa mga developer na maghanap ng pinahusay na mga solusyon sa pamamahala ng transaksyon.  Kasabay nito, ang tagumpay ng market capitalization ng Solana, na naging ika-apat na pinakamalaking esacademic cryptocurrency, kasabay ng 38.4% na pagtaas ng presyo noong nakaraang buwan, ay nagpapahiwatig ng isang malakas na halo ng kumpiyansa ng mamumuhunan at isang mahalagang pagbabago sa mapagkumpitensyang tanawin, na posibleng humahamon sa pangingibabaw ng Ethereum. Ang pagbubunyag ng mga layer sa likod ng trend na ito ay maaaring magbigay ng mas malalim na mga insight sa hinaharap na dynamics sa loob ng

2024-03-28Ethereum

Pag-apruba ng Ethereum ETF: Ang Tagapagtatag ng BitMEX na si Arthur Hayes at Grayscale CLO ay Positibo

The prospect of spot Ethereum (ETH) exchange-traded funds (ETFs) has become a topic of intense speculation and debate. Arthur Hayes, the co-founder of BitMEX, a prominent crypto derivatives exchange, recently shared his thoughts on the potential impact of ETH ETFs on the market, particularly in light of the success of spot Bitcoin (BTC) ETFs.  TLDR  BitMEX co-founder Arthur Hayes predicts that Ethereum will experience significant demand, especially if the SEC approves spot ETH ETFs.  Hayes believes that the success of Bitcoin ETFs will lead to the approval of ETFs for other crypto assets like Ethereum and Solana, as banks stand to benefit from the fees generated by these products.  Craig Salm, Grayscale‘s Chief Legal Officer, suggests that the SEC’s perceived lack of engagement with spot Ethereum ETF applicants will not hinder the prospects of such products.  Salm argues that the issues resolved during the Bitcoin ETF approval process, such as creation and redemption processes, cash versus in-kind transactions, and custody concerns, are applicable to Ethereum ETFs due to the similarities between the two cryptocurrencies.  Despite growing skepticism and regulatory uncertainty surrounding Ethereum ETFs, Salm believes that investors deserve access to Ethereum in the form of a spot ETF, and the case for approval is just as

2024-03-28Ethereum

Na-unlock ng Solv ang Yield para sa Bitcoin Gamit ang Unang Omnichain SolvBTC Token

In a groundbreaking move for the Bitcoin ecosystem, Solv, a decentralized, non-custodial platform for active asset management, recently announced the launch of SolvBTC – the worlds first yield-bearing token for Bitcoin that operates across multiple blockchain networks.  The offering aims to solve a long-standing bottleneck, wherein BTC holders have been unable to access the global decentralized finance (DeFi) economy, by allowing them to earn a yield of 5-10% on their holdings — a significant improvement over the traditional approach of simply holding Bitcoin — thus helping unlock the true potential of the worlds largest cryptocurrency.  Isang makasaysayang pananaw  While DeFi has witnessed tremendous growth in recent years, with over $100 billion in total value locked as of early 2024, Bitcoin has largely been relegated to the sidelines when it comes to opportunities such as yield farming, staking, etc. This is because the currencys base framework lacks smart contract functionality, something that has prevented it from directly participating in the DeFi revolution.  And, while several projects have attempted to bridge this gap by creating tokenized versions of Bitcoin (i.e. wrapped BTC) on other blockchains, these efforts have either been fragmented or limited in their overall scope. In this context, SolvBTC represents a comprehensive solution, allowing

2024-03-28Industriya

Mga Pag-aalinlangan sa Presyo ng Bitcoin Sa gitna ng Kawalang-katiyakan sa Ekonomiya at Mga Hamon sa Regulasyon

Mga Pag-aalinlangan sa Presyo ng Bitcoin Sa gitna ng Kawalang-katiyakan sa Ekonomiya at Mga Hamon sa Regulasyon  BitcoinAng pagwawasto ng presyo ay kasunod ng isang hindi matagumpay na pagtatangka na lampasan ang antas ng $71,000, na nagpapahiwatig ng potensyal na bearish na sentimento.  Lumilitaw ang Spot ETF inflows bilang isang kritikal na salik sa trajectory ng presyo ng Bitcoin, na may kamakailang mga net inflow na nagmumungkahi ng panibagong interes sa institusyon.  Ang mga propesyonal na mangangalakal ay nagpapakita ng nabawasan na optimismo, posibleng dahil sa mga alalahanin sa macroeconomic at mga pagpapaunlad ng regulasyon na nakakaapekto sa kumpiyansa sa merkado.  Habang nagpupumilit ang Bitcoin na mapanatili ang pataas na momentum nito sa gitna ng macroeconomic headwinds at regulatory scrutiny, ang focus ng market ay lumiliko upang makita ang mga pagpasok ng ETF at ang damdamin ng mga propesyonal na mangangalakal para sa direksyon ng presyo sa hinaharap.  Ang Paglaban ng Bitcoin sa $71,000 at Market Sentiment  Matapos maabot ang pinakamataas na malapit sa $71,000, ang Bitcoin ay nakaranas ng pag-urong sa $68,430, na may mga derivatives na data na nagpapahiwatig ng lumalaking pag-aatubili sa mga propesyonal na mangangalakal na itulak pa ang presyo. Ang nakakapanatag na damdaming ito ay sinasabayan sa maingat na paglapit ng

2024-03-28Industriya
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