World Assets Ltd., a subsidiary of the Worldcoin Foundation, announced the extension of lending agreements with five trading companies, which will result in 10 million Worldcoin (WLD) tokens being distributed by June 14, 2025, according to Worldcoin.Loan contract extensionThe loan agreement, originally scheduled to expire on June 14, 2024, was concluded on December 16, 2023 and involved five trading entities operating outside the United States. Under these agreements, each company received a loan totaling 10 million WLD tokens. The extension keeps all other terms unchanged, meaning the company must return the entire loan amount by…
Author: Crypto Flexs
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On May 31, 69,000 Bitcoin options worth $4.7 billion and 920,000 Ethereum options worth $3.5 billion will expire. The expiration of cryptocurrency options contracts has historically been associated with price volatility in the cryptocurrency markets.Source: GreecesLiveAccording to Derbit data, the put/call ratio for expired Bitcoin (BTC) options is 0.61. This means that there are more calls (or long contracts) expiring than puts (or sales). On the other hand, the put/call ratio for Ethereum (ETH) options was 0.46.Put/Call Ratio (PCR) is a technical indicator that reflects traders’ market sentiment. A PCR below 0.7 is considered a strong bullish sentiment, while a…
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Bloomberg ETF analyst Eric Balchunas said: May 30th A US spot Ethereum ETF could launch in June as BlackRock and Grayscale filings are updated.Balchunas said there was a “legitimate possibility” that a spot Ethereum ETF would launch by the end of June. He added that the launch in early mid-June was “long-range.”Balchunas said the latest he expects the product to launch is July 4.Balchunas’ expectations are influenced by the timing of the issuer’s S-1 statement. He noted that BlackRock’s May 29 S-1 amendment did not include fees and other important data, making it “next to the final version.”Grayscale also filed…
Bitcoin (BTC) will not enjoy a “sustainable breakout” until it hits all-time highs starting in 2021.In a May 31 analysis of$69,000 remains the do-or-die BTC price level.Bitcoin is heading towards its May monthly close, but a bigger fight continues.Almost three months since the recent all-time high of $73,800, BTC/USD has failed to revisit that level and continue its price discovery.Given the current position of sell-side liquidity in the order book, Alan is not at all surprised by the status quo.“If you’re surprised to see where the resistance is, you’re not paying attention,” he summarizes.“Until BTC bulls can validate the R/S…
Searching for the perfect cryptocurrency trading app can feel like looking for a needle in a digital haystack. After personally reviewing 28 different platforms, I’ve zeroed in on what makes some stand out from the pack.Let’s explore this together, armed with real user reviews and feedback, to find your perfect match. Ready to get started?Key TakeawaysUser feedback helps find reliable crypto trading apps by highlighting security, ease of use, and fees.Crypto trading apps like Coinbase and Binance are praised for their user-friendly interfaces and strong security measures.Decentralized exchanges offer control and low fees, while centralized ones provide speed and customer…
Ethereum price extended its decline and tested the $3,720 support. ETH is currently consolidating near the $3,800 level and faces many obstacles. Ethereum extended its decline and tested the $3,720 range. The price is trading below $3,820 and the 100-hour simple moving average. There is a new bearish trend line forming at resistance $3,810 on the hourly chart of ETH/USD (data feed via Kraken). A break above the support level of $3,720 could lead to the pair continuing to fall. Ethereum price maintains support Ethereum price remained in a bearish range for the short term, falling below the $3,800 support…
The extreme market volatility that once attracted speculative investors is decreasing in the cryptocurrency ecosystem. These changes have major implications for exchanges like Coinbase (COIN) that have thrived during periods of high volatility. Despite beating its financial forecasts for the first quarter of 2024, Coinbase reported trading volume of $56 billion. This figure stands in stark contrast to the record high of $177 billion at the end of 2021. How to Navigate Declining Trading Volume on Coinbase The average volatility of digital currencies has decreased from about 79% in 2021 to 57% this year, according to a Bloomberg report citing…
Yves La Rose CEO EOS +1.97% The Network Foundation said a community proposal to limit EOS supply to 2.1 billion tokens and burn the excess has been approved.Once this proposal is implemented, nearly 80% of the total EOS supply will be depleted, primarily due to future emissions, and the fixed supply limit will be set at 2.1 billion rather than 10 billion.The EOS Network Foundation represents the EOS community and acquired control of Block.one in 2021.The Foundation previously introduced a multi-signature proposal to establish this fixed supply and obtained approval from at least 15 of the 21 EOS block producers.…
We are very excited to announce that. Aevo (AEVO), Arkham (ARKM), AltLayer (ALT), Ether.fi (ETHFI), Athena (ENA), Maple (MPL), Safe (SAFE) and Zeta Chain (ZETA) Now available on Kraken! Funding and Transactions AEVO, ARKM, ALT, ETHFI, ENA, MPL, SAFE and ZETA funding and trading are available in real time. Add these tokens to your Kraken account by going to: fundingSelect an asset and tap deposit. Deposit tokens using any network supported by Kraken. Deposits made using other networks will be lost. Do you have a Kraken account with these assets? ⤵️ AEVO, ARKM, ALT, ETHFI, ENA, MPL, SAFE and ZETA…