Ethereum (ETH) is showing a notable pattern in the options market. According to data from Deribit, a leading platform for cryptocurrency futures and options trading, there is a significant concentration of call options on ETH around the $4,000 strike price for both June and September expirations. Options traders predict Ethereum $4,000. The accumulation of ETH call options centered around $4,000 indicates the concentrated expectation of traders that the price of Ethereum could rise above $4,000 by this date. For context, an option is a financial derivative that gives the buyer the right (but not the obligation) to buy (in the…
Author: Crypto Flexs
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Abu Dhabi Global Markets (ADGM), in partnership with Solana Foundation, has made significant progress in fostering blockchain innovation in the region by advancing distributed ledger technology (DLT) within a regulatory framework. Abu Dhabi Global Market (ADGM) has entered into a strategic partnership with Solana Foundation aimed at advancing the development of distributed ledger technology (DLT) within ADGM’s regulatory framework. This collaboration is part of ADGM’s broader initiative to become a leading hub for technology-driven financial services. The DLT Foundation Regulation introduced by ADGM is said to be the world’s first regulatory framework specifically designed for blockchain fundamentals, Web3 entities and…
join us telegram A channel to stay up to date on breaking news coverage The price of Bitcoin has risen 6% over the past 24 hours, trading at $47,059 as of 9:50 a.m. ET. Amid this surge, cryptocurrency analysts investment answerS BTC price could surge 190% over the next 165 days, analysts at Bernstein said BTC price could explode to new all-time highs in the $70,000 range by the end of the year. Bitcoin price prediction If you look at the 30-minute BTC/USD chart, you will see the Alligator indicator, which consists of three smooth moving averages designed to identify…
The largest cluster of Ether call options for June expiration is centered around the $4,000 strike price, according to Deribit data.Deribit Chief Commercial Officer Luke Strijers shared a chart with The Block that shows a group of noteworthy ether currency options at this strike price.“As seen in Deribit data, the $4,000 exercise is the largest exercise among the June and September expirations. “We only see Ethereum in June and April because there are no May expiry transactions yet,” Strijers said. Ether call options are concentrated at $4,000 with a late June expiration date, according to Deribit data. Image: Block.The strike…
join us telegram A channel to stay up to date on breaking news coverage Polygon Labs has launched a “Type 1 prover,” representing a technological feat that even Ethereum’s Vitalik Buterin has touted as key to making the secondary layer 2 network nearly identical to the primary blockchain. “Polygon has once again proven that it is leading the industry in the development of ZK technology by delivering the incredibly efficient Type 1 zkEVM,” Brendan Farmer, co-founder of Polygon, said in an email to CoinDesk. Polygon advances blockchain technology. Ethereum co-founder Vitalik Buterin has previously written about the different types of…
Moby Media Joins Killer Whales as Official Media Partner to Raise Web3 Awareness – Chainwire housenewsroomMoby Media Joins Killer Whales as Official Media Partner to Raise Web3 Awareness We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications…
Hello Ethereum! Here are the latest updates from the ethereum.org team: Style guide and design upgrades Ethereum.org is being upgraded! In January we style guide (figma document) is currently being rolled out live on the site for public comment and feedback. We also published a set. design principles This will help you make decisions about the site. The launch of the new site design also includes new layouts for existing pages. Check out the changes that have already been applied. Share your feedbackStay tuned for more updates in the coming weeks. One of the most requested features on ethereum.org was…
According to a recent report released by Ripple in its Q4 2023 XRP Market Report, the daily trading volume of XRP has increased significantly, reaching approximately $600 million this quarter. According to the report, this surge represents a growth of 75-100% compared to the volume decline observed in the third quarter. In particular, the Ripple report suggests a revitalized investor interest and market activity in altcoins, representing a notable change compared to previous quarters’ performance. Ripple’s XRP holdings and other cryptocurrencies in the fourth quarter of 2023 Ripple’s fourth quarter report also provided insight into the company’s XRP holdings. As…
Former British Prime Minister Under InvestigationLord Philip Hammond, Britain’s finance minister and prominent cryptocurrency advocate, is facing allegations that he breached lobbying rules for former ministers.Communication with Crypto Firm CEOIn March 2021, Hammond reportedly acted as an intermediary between then-Treasury Economic Affairs Minister John Glen, Treasury officials, and Dmitry Tokarev, CEO of cryptocurrency company Copper. Documents obtained through a Freedom of Information Act request show that Hammond facilitated communication between the parties.Interaction being investigatedAs reported by the Financial Times, Hammond relayed Copper’s concerns about regulatory changes for cryptocurrency companies to Treasury officials. These interactions occurred before Hammond officially joined Copper…
Posted 1 minute ago In ~ layer 2 network optimism OP +5.61% Ether (ETH) withdrawals will be suspended for one hour on February 15 to test the upgraded incident response system.According to the Discord announcement, ETH withdrawals from layer 2 networks to the Ethereum mainnet will be paused during this period. Deposits from the mainnet to the layer 2 network and general transactions on the network will not be affected.The goal is to improve our ability to respond harmoniously to security incidents across the various chains of the Optimism ecosystem.The incident response system currently features an on-chain pause for Ethereum…