$4.8 Billion Bitcoin and Ethereum Option Expires! How Will BTC and ETH Price Be Affected?

Bitcoin Ethereum  $4.8 Billion Bitcoin and Ethereum Option Expires! How Will BTC and ETH Price Be Affected?  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  As Bitcoin approached the $26,000 mark with a 2.06% drop in the last 24 hours, investors focused on Bitcoin (BTC) and Ethereum (ETH) options that will expire this week.  According to Coindesk, at 08:00 UTC on Friday, a total of 1,217 million BTC and ETH option contracts worth $4.8 billion will expire on leading crypto options exchange Deribit.  Commenting on BTC and ETH option expiration, Deribit official Luuk Strijers said:  Usually the most important period in terms of volume and value is the last quarters.  At this point, for example, a total of $5.2 billion of options expired last March and a total of $5.4 billion in June.  The current quarter remains consistent with previous quarters in 2023.  This September, the $3 billion BTC option and $1.8 billion ETH option will expire and the Max Pain Point level will be close to current price levels.  What is “Maximum Pain Point”?  The “Maximum Pain Point”, which is the price level that will cause the most loss for option buyers and the most gain for option sellers, was recorded as $ 26,500 for BTC and $ 1,580 for

2023-09-26Ethereum

USD/CAD rebounds as USD Index refreshes nine-month high amid risk-on mood

Pananalapi  USD/CAD rebounds as USD Index refreshes nine-month high amid risk-on mood  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  USD/CAD discovers buying interest near 1.3460, supported by a fresh upside in the US Dollar.  S&P500 opens on a flat-to-negative note as investors remain worried about economic prospects.  Fed Collins said on Friday that a further rate hike is certainly not off the table.  The USD/CAD pair finds buying interest near 1.3460 amid sheer strength in the US Dollar. The Loonie asset aims to recapture the psychological resistance of 1.3500 as the market mood dampens amid deepening fears of a global slowdown.  S&P500 opens on a flat-to-negative note as investors remain worried about economic prospects. The Federal Reserve (Fed) is expected to keep interest rates higher for a longer period as inflationary pressures in excess of the desired rate of 2% would be a hard nut to crack.  The US Dollar Index (DXY) prints a fresh nine-month high near 105.90 as the US economy is absorbing the consequences of higher interest rates by the Fed comfortably. Slowing inflation and a resilient labor market allowed the Fed to keep interest rates unchanged last week. Also, hawkish guidance from Boston Fed President Susan Collins strengthened the US Dollar.  Fed Collins said

2023-09-26Industriya

$475 Billion In Transactions And Rising Trends

Tech  $475 Billion In Transactions And Rising Trends  5 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  USDC Polygon Ilunsad is coming soon, powered by $475B transactions, with person-to-person usage up to 40%—wallets holding $10 USDC surge to 207K.  Circle recently announced a significant development in the crypto world, revealing plans to launch native USDC on the Polygon chain. This move marks the fifth blockchain to host native $USDC, with Polygon joining the ranks soon.  From July 2021 to June 2023, Polygon PoS facilitated approximately $475 billion in bridged USDC transactions, encompassing a staggering 230 million transactions.  Monthly transaction volumes reached around $20 billion, with each transaction incurring an average fee of approximately 0.0238 MATIC, equivalent to roughly $0.012 at the time of writing.  A noteworthy trend emerged within these transactions: person-to-person transactions surged from 16% of all bridged USDC transactions in January 2023 to an impressive 40% by June 2023, accounting for $15 billion in transaction volume.  Further demonstrating the significance of this development, the number of wallets holding more than $10 in bridged USDC skyrocketed from around 4.6 thousand wallets in May 2021 to a substantial 207 thousand wallets by June 2023. This growth, representing approximately 22% of all USDC wallets, underscores the increasing utility of digital

2023-09-26Industriya

Ang Crypto Market Maaaring Mawalan ng $440 Bilyon Sa Market Capitalization

Analyst Nicholas Merten stated in his recent video on YouTube that the global market cap can lose its value significantly due to the aggressive stance of the US Federal Reserve, which also leads to a liquidity crunch in the crypto space.  Merten‘s recent revelations, shared in his latest YouTube video, have reverberated throughout the cryptocurrency sphere. He forecasts a significant potential drop of 43% in Bitcoin’s value from its current level, which would lead to a substantial reduction of $440 Billion in the total market capitalization of the cryptocurrency market.  Additionally, Merten envisions the market reaching a state of equilibrium around the $650 Billion market capitalization mark, with Bitcoin finding its footing within the range of $15,000 to $16,000.  In the best-case scenario, those who have already established their positions may hope for support to emerge in the vicinity of the $650 Billion market capitalization range, with Bitcoin potentially stabilizing in the $15,000 to $16,000 range. However, these forecasts indicate a potentially tumultuous period for cryptocurrency investors.  The Federal Reserves tightening of liquidity is causing waves of uncertainty within the cryptocurrency landscape.  The cryptocurrency market quickly reacted to Merten‘s gloomy prediction. Bitcoin, the industry’s leading indicator, fell below the $26,000 level in Monday morning trading.

2023-09-26Industriya

JUST IN: 5,000 Ethereum Allegedly Stolen from Huobis Hot Wallets!

Blockchain security platform Cyvers Alerts claimed in its post on its Twitter account that one of the hot wallets of the Huobi exchange was hacked.  Accordingly, the attacker who hacked the wallet of the HTX (Huobi) exchange stole 5,000 Ethereum (ETH).  Red alert! We detected a suspicious transaction.  Although we tried to reach out, we did not receive any response. However, an attacker took 5,000 ETH (worth $7.9 million) from Huobi Globals hot wallet.  We confirmed that one of their hot wallets was compromised, resulting in a loss of $7.9 million.  Hacker address etherscan: ‘0xdb1D74467c9042517A354304256E0d658D8AEC83’  Huobi Global offers a 5% reward to the hacker.  ????Red Code????Kahapon, natukoy ng aming ML-powered system ang isang kahina-hinalang transaksyon na kinasasangkutan @HobiGlobal at @HTX_Global.  Sa kabila ng aming mga pagtatangka na makipag-ugnayan, wala kaming natanggap na tugon. Nakatanggap ang isang EOA ng 5K $ ETH $7.9M mula sa @HobiGlobalang mainit na wallet.  ???? Kaninang umaga, nakita namin…   — ???? Mga Cyvers Alerts ???? (@CyversAlerts) Septiyembre 25, 2023  I-update:  Justin Sun made the following statement about the hack attack:  HTX lost 5,000 ETH (worth $8 million) due to the hacker attack. Huobi HTX has fully assumed the losses caused by this attack and successfully resolved all related issues. All user assets are safe and the platform operates

2023-09-26Industriya

Bitwise Spot Bitcoin ETF Update: Nagpapalabas ng Cutting-Edge Research Para sa Pag-apruba

Bitcoin  Bitwise Spot Bitcoin ETF Update: Nagpapalabas ng Cutting-Edge Research Para sa Pag-apruba  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Bitwise Asset Management, a prominent crypto asset management firm, has taken a significant step forward in its quest to launch a Bitcoin Exchange-Traded Fund (ETF).Bitwise Spot Bitcoin ETF Update with Comprehensive Research  In an update shared by Bitwises Chief Investment Officer, Matt Hougan, the company unveiled its amended application to list the Bitwise Bitcoin ETF Trust.  This update includes over 40 pages of new research crafted by Bitwise to address the concerns raised by the U.S. Securities and Exchange Commission (SEC) regarding spot Bitcoin ETFs. In the wake of the Grayscale ruling, all spot Bitcoin ETF applications have been in a holding pattern, awaiting the SEC‘s response to the court’s decision.  Anticipation Grows as SEC Contemplates Spot Bitcoin ETFs Post-Grayscale Ruling  However, uncertainty remains regarding how the SEC will react, particularly if it chooses to appeal the courts decision. In such a scenario, the industry would revert to the status quo, necessitating the demonstration that the CME Bitcoin futures market plays a vital role in price discovery, serving as a “regulated market of significant size.”  Bitwises amended filing aims to tackle each of the significant objections previously

2023-09-26Industriya

Mixin Network Loses $200 Million

Mixin Network, Hong Kong-based decentralized L1, halts deposits and withdrawals due to attack on ‘cloud provider’  The cryptocurrency community is discussing what might be the largest hack in Web3 in recent months. Blockchain network Mixin reports the losses of $200 million due to issues with “cloud services.”  Hong Kong blockchain Mixin drained for $200 million: Heres what likely happened  Mixin Network announced that its cloud service provider was attacked by hackers. The net amount of mainnet assets lost might total $200 million in equivalent. This is half of the net TVL of all Mixin-based protocols, as per recent data. All deposits and withdrawals on Mixin are on hold, the official statement says.  [Announcement] Sa madaling araw ng Setyembre 23, 2023 oras sa Hong Kong, ang database ng cloud service provider ng Mixin Network ay inatake ng mga hacker, na nagresulta sa pagkawala ng ilang asset sa mainnet. Nakipag-ugnayan kami sa Google at blockchain security company @SlowMist_Team...  — Mixin Kernel (@MixinKernel) Septiyembre 25, 2023  Mixin founder Feng Xiaodong is going to address this incident in a public livestream at 1:00 p.m. HKT on Sept. 25, 2023, Mixin representatives added.  Cryptocurrency engineers and investors are guessing at how issues with the cloud services provider could have ruined a network

2023-09-26Industriya

Vitalik Buterin Moves 400 ETH to Coinbase Raising Speculations

Ethereum  Vitalik Buterin Moves 400 ETH to Coinbase Raising Speculations  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Because of his status as an Ethereum co-founder, his actions may have an impact.  Buterins recent pattern of crypto transfers, like this one, has piqued interest in his plans.  Ethereum co-founder Vitalik Buterins September 2023 ETH transactions totaling over $3.9 million were discovered by blockchain analysts. The co-founder of Ethereum, has made a splashy move in the midst of a volatile situation in the crypto market by putting a large sum (approx. $630k) of Ethereum into Coinbase recently.  Buterins motives and strategy are called into doubt by this choice. The crypto market is even more intriguing due to recent transactions involving his ETH holdings.  Subject of Suspicion  One of the biggest names in the crypto industry, Vitalik Buterin, has lately made some major moves with his own ETH holdings. Buterins activities have been the subject of suspicion at a time when the crypto market is struggling with uncertainty.  Etherscan, a monitoring platform of the Ethereum blockchain for transactional data, reports that on Monday, Buterin transferred 400 ETH to Coinbase, at a value of around $630k. Buterins recent pattern of crypto transfers, like this one, has piqued interest in his plans and

2023-09-26Ethereum

Short Squeeze Incoming for ETH as $1.7K Remains Main Bullish Target? (Ethereum Price Analysis)

Ethereum  Short Squeeze Incoming for ETH as $1.7K Remains Main Bullish Target? (Ethereum Price Analysis)  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Despite the bearish sentiment prevailing in the futures market and among traders, Ethereums recent price action provides a glimmer of hope, as it hints at the possibility of a short-term reversal to reclaim the 200-day moving average.  Teknikal na Pagsusuri ng  By Shayan  Ang Pang-araw-araw na Tsart  Ethereums price has been in a prolonged downtrend after failing to surpass the $2.1K mark. Sellers successfully pushed the price below the 100-day and 200-day moving averages, around $1.8K, resulting in a multi-month low of $1,531.  However, Ethereums price found critical support between the 50% and 61.8% Fibonacci retracement levels, with values of $1,646 and $1,529, respectively.  Despite the bearish market sentiment, the cryptocurrency has shown bullish signs, particularly a clear bullish divergence between the price and the RSI indicator. This suggests a potential change in the markets trend. If the price can reclaim its prior significant swing high, traders can expect a period of steady price appreciation, aiming to regain the 200-day moving average.  Pinagmulan: TradingViewAng 4-Oras na Tsart  We can observe a consistent downtrend when we focus on the 4-hour timeframe. The price has been consistently breaking below its

2023-09-26Ethereum

Ang Ethereum Co-Founder na si Vitalik Buterin ay Naglilipat ng 400 ETH sa Coinbase

Ethereum  Ang Ethereum Co-Founder na si Vitalik Buterin ay Naglilipat ng 400 ETH sa Coinbase  6 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Just a few hours ago, the Ethereum founder deposited 400 ETH to Coinbase. With the price of ETH at $1,573.35 as of the time of writing, the value of the transfer amounts to an impressive $629,200.  Ethereum co-founder Vitalik Buterin has recently been observed engaging in noteworthy transactions involving ETH, specifically directing substantial deposits to Coinbase. This development has sparked a myriad of conversations, speculations, and a quest to understand the motives behind such significant ETH movements.  Just a few hours ago, the Ethereum founder deposited 400 ETH to Coinbase. With the price of ETH at $1,573.35 as of the time of writing, the value of the transfer amounts to an impressive $629,200. The reason for the transfer is not clear, and this has given room for rumors and speculations.  The transaction was carefully carried out, with the “Vb 2” wallet first sending the ETH to another address, which then deposited it into Coinbase. The crypto community currently discusses the implications of this complex process as well as the justification for using such a method for transactions. After the transaction, the wallet only

2023-09-26Industriya
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