Bitcoin (BTC) and Ethereum (ETH) options contracts worth a total of $2.4 billion are scheduled to expire on May 3, which could increase market volatility.Bitcoin options contracts are derivative contracts that allow investors to speculate on Bitcoin price movements without owning the Bitcoin itself. There are two types of options: call options and put options. A call option gives investors the right to purchase a cryptocurrency at a specific price before a specific date. Put options, on the other hand, allow investors to sell a cryptocurrency at a specific price before the expiration date.Investors often use the put/call ratio as…
Author: Crypto Flexs
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Hi everyone – Vlad here. I’ve been working on the analysis and specification of “proof-of-stake” blockchain architecture since September 2014. While Vitalik and I haven’t agreed on all of the details of the spec, we do have consensus on many properties of the proof-of-stake protocol that will likely be implemented for the Serenity release! It is called Casper “the friendly ghost” because it is an adaptation of some of the principles of the GHOST (Greedy Heaviest-Observed Sub-Tree) protocol for proof-of-work consensus to proof-of-stake. This blog post (my first one!) shares properties that are likely to be true of Casper’s implementation…
Bitcoin price found support near $56,350. BTC is recovering higher, but bears may remain active near the $60,000 resistance zone. Bitcoin is attempting a recovery from the $56,350 support zone. The price is trading below $60,000 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a breakout occurred above the main bearish trendline with resistance at $57,800. The pair may have difficulty breaking the resistance levels of $60,000 and $60,500. Bitcoin price faces resistance Bitcoin price extended losses below the $60,000 level and entered near-term bearish territory. BTC also traded below…
London, UK, May 2, 2024, Chainwire Bitbot, an AI-powered Telegram trading bot, has surpassed $3 million in pre-sales after announcing an updated product offering. Bitbot now includes an AI development layer in its blockchain analysis tool, Gem Scanner. The project has entered phase 12 of a 15-short presale by the end of this quarter, at which point BITBOT tokens will be launched on the public market. The Bitbot community currently numbers over 140,000 people. X 110,000+ followers Our Telegram channel is close to 30k. The Bitbot team hopes to convert a significant portion of these into paying customers when the…
Legal • May 3, 2024 6:09 AM EDT Posted 1 minute ago In ~ Dutch financial crime investigators arrested a 26-year-old man on Monday on charges of fraud, embezzlement and money laundering linked to a rug-pulling scheme by Web3 gambling network ZKasino.The Netherlands’ Financial Intelligence Unit (FIOD) said investigators searched the suspect’s home and seized various assets worth 11.4 million euros ($12.2 million), including physical and digital records, real estate and cryptocurrency. name today.FIOD added that additional arrests involving ZKasino are likely in the future. The statement did not explicitly say how the suspect was involved in the project, but…
Stash received ETH at 31 cents per token during its ICO. Investors will secure a whopping 950719% profit if they decide to sell. Catching the attention of the broader cryptocurrency market, an Ethereum (ETH) holder woke up from nearly nine years of dormancy on Thursday to transfer his entire holdings to another wallet. Old ETH on the move According to Lookonchain, an on-chain data tracking platform, an early investor who received 1,969 ETH in the Ethereum ICO moved 1,960 ETH. The transferred supply was worth $5.8 million at current market prices. Participants received ETH at 31 cents per token as…
Polygon (MATIC), an Ethereum scaling solution, has been a hot topic for several weeks. Daily active addresses recently hit an all-time high of over 1.4 million, evidence of the network’s growing user base. But this surge in activity presents a two-faced story for MATIC. Polygon’s busy streets: A sign of growth or stagnation? The high traffic on Polygon’s virtual streets is undeniable. Over 1 million consistent daily active addresses suggests that the ecosystem is thriving. However, a closer look reveals a potential bottleneck. User numbers soared, but transaction fees plummeted. These fee reductions lead to lower network revenues, raising concerns…
Iran’s cryptocurrency mining sector has come under fire as US senators Elizabeth Warren and Angus King believe it poses a threat to national security. According to a May 1 letter to National Security Advisor Jake Sullivan, Secretary of Defense Lloyd Austin and Treasury Secretary Janet Yellen, the senators urge the Biden administration to detail possible ties between the Iranian government and local cryptocurrency mining companies. did. Senators Warren and King believe that digital assets mined in Iran are being used to circumvent US sanctions and fund terrorist organizations such as Hezbollah. Moreover, they claim that these funds were also used…
Sam Bankman-Fried looks down 25 years later bit, most of his former FTX colleagues did their best to stay out of the spotlight. But a former executive at a collapsed cryptocurrency exchange is now raising eyebrows over his massive purchases. Former FTX Europe head Patrick Gruhn reportedly spent $1.5 million to purchase a gold watch recently found on the body of a Titanic victim. wall street journal. The watch originally belonged to American businessman John Jacob Astor, who was considered the wealthiest passenger on the 1912 transatlantic voyage. Grun said. newspaper He bought the watch as a gift for his…
Solana began its recovery in the $120 region. SOL price is rising and could go higher if it closes above the $142 resistance. SOL price regained its upward momentum and tested the $140 resistance against the US dollar. The price is currently trading below $142 and the 100 simple moving average (4-hours). On the 4-hours chart of the SOL/USD pair, a major bearish trend line was broken above the resistance level of $132 (data source from Kraken). If it stays below $142 and $150, the pair could begin another decline. Solana Price Faces Resistance Solana price extended losses below the…