According to data from Deribit derivatives exchange, the number of Bitcoin open interest options is increasing compared to put options.According to Luuk Strijers, Chief Commercial Officer at Deribit, this indicates that investors are expecting prices of digital assets to rise in early 2024.“This year, the Bitcoin put-call ratio has fluctuated between 0.4 and 0.5. We have observed a decline in the proportion of long maturities, which suggests clients are placing calls to position towards expirations in March and June 2024. “This suggests that they are being used more frequently. This trend is indicative of a longer-term bullish sentiment in the…
Author: Crypto Flexs
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Online casinos have gone through various changes over the past few years due to the influence of various technological advancements. Like many other industries, iGaming has also embraced the use of cryptocurrency, which is a further step towards a new technological revolution. Cryptocurrencies and other innovative technologies are playing an important role in the development and functioning of online gambling sites, and this article will tell you all about them.Technology that drives industry growthGambling has been a favorite pastime for many individuals around the world, and with the advent of online casinos, gamblers can now gamble from the comfort of…
Photo source: Department of Municipal Works (DOM) El Salvador’s President Nayib Bukele has been granted special permission to temporarily step down from office to seek a second term in El Salvador’s upcoming elections on February 4, 2024. The move is in line with the 2021 Supreme Court ruling and the Constitution. The interpretation states that Bukele can only seek a second term if he leaves office six months before the start of the next presidential term, which begins on June 1, 2024.A notable concern for many Salvadorans was the security of Bukele. Especially given his unwavering approach to fighting criminal…
Vault12 is a powerful yet straightforward way to safeguard all of your digital assets, including cryptocurrencies, non-fungible tokens (NFTs), 2FA backup codes, master passwords, device PIN codes, IDs and medical records, and even documents with trade secrets, audio, or video. With the Vault12 Guard app, you can secure your digital valuables with your choice of trusted Guardians.This guide will take you through the following steps to help you set up your Digital Vault:Download and install the Vault12 Guard app.Initialize your Vault.Assign Guardians. Download and Install To download and install the Vault12 Guard app, click the link to a corresponding App…
Wormhole, a messaging protocol that enables communication across blockchains, has garnered a lot of attention since securing $225 million in funding, valuing the company at $2.5 billion. This incredible feat marks the largest investment round for a cryptocurrency project in 2023. Filecoin (FIL) and InQubeta (QUBE) were also noted for achieving tremendous results coinciding with Wormhole’s milestones. Decentralized storage network Filecoin hopes to meet the growing need for secure, decentralized data storage options. InQubeta is a cryptocurrency ICO that connects blockchain and artificial intelligence (AI) startups. Its thriving community and excellent marketing skills make it one of the best DeFi…
Non-Fungible Tokens (NFTs) It is a unique and irreplaceable type of digital asset. It is created using blockchain technology, the same technology that powers cryptocurrencies such as Bitcoin and Ethereum. NFTs can represent anything from digital artwork to in-game items to real estate. What are NFTs? The term “irreplaceable” means that something is unique and cannot be replaced. For example, Bitcoin is fungible. This means that one Bitcoin is interchangeable with another Bitcoin. however NFT It is irreplaceable. This means that each NFT is unique and cannot be replaced by another NFT. NFT It is created using blockchain technology. Blockchain…
Charles T. Munger, an investment and business magnate, passed away on November 28, 2023 at the age of 99. He is famous for being the vice chairman of Berkshire Hathaway and Warren Buffett’s vice chairman. An indispensable colleague, Munger’s legacy is monumental beyond his partnership with Buffett. Berkshire Hathaway’s Childhood and Ascension Born on January 1, 1924, Munger’s life was a testament to hard work and extraordinary intelligence. His childhood included time spent at Buffett’s grandfather’s grocery store in Omaha.He later served as a meteorologist in the U.S. Army Air Corps during World War II. Despite his early educational failures…
Community & educationAutonomous Ecologies #1Black SkyConference that delved into the relationship between sovereignty and privacy, and how to establish privacy as a cornerstone of new technology.Community & educationBuildETH 2023Ethereum developer conference hosted in San Francisco, California for those interested in building, designing, scaling, and securing decentralized applications and protocols.Community & educationCluj Ethereum Developers MeetupsSeries of meetups and workshops in Cluj, Romania, aimed at educating developers on technical topics related to Ethereum.Community & educationDevfolioSupport students and developers in India through a series of community initiatives including online hackathons, workshops, a fellowship, and grants.Community & educationETH Beijing HackathonHackathon with a focus on…
Polkadot (DOT) is trending upwards above the $5.25 resistance level against the US dollar. The price may surge further to the $5.85 and $6.00 levels. DOT is gaining speed above the $5.25 resistance zone against the US dollar. The price is trading in the $5.30 area and above the 100 simple moving average (4-hours). There is a major bearish trendline forming with resistance near $5.55 on the 4-hours chart of the DOT/USD pair (data source from Kraken). The pair could gain bullish momentum if the closing price is above $5.55 and $5.60. Polkadot price gains strength again. After consolidating above…
LINK’s price is approaching the December ascending triangle breakout scenario, with bullish on-chain indicators strengthening the upside potential.