According to the report, there was an increase in the purchase of Bitcoin call options with strike prices above $60,000 at expiration from April to December of this year.“There has been massive Bitcoin call option buying this week alone, with nearly $10 million being spent on $60,000 strike prices and $80,000 premiums expiring from April through December,” QCP Capital’s Options Vol-cast report said on Thursday. “I saw it,” he said.This observation is consistent with indicators from the Deribit cryptocurrency derivatives exchange. Deribit has a significant concentration of public Bitcoin call options with strike prices above $65,000 expiring from April to…
Author: Crypto Flexs
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press release. Blockchain games have shown more resilience in bear markets. Heading into 2024, many people, including studio executives, predicted that millions of people would come to Web3 for games. Some of the attributes that strengthen the affinity for this season’s gaming hype are the anticipation of more commercial releases of beta versions, launch(…)
A bias toward current long positions implies the potential for buying pressure where investors holding long positions feel the need to sell in declining markets to reduce their losses, resulting in cascading liquidations. At the end of December, comparable accumulations peaked at $1.37 billion, down $83, or 30%, from $120 at the time.
Bitcoin price continued its upward trend above the $52,000 resistance line. BTC is consolidating gains and could target further upside against $55,000 resistance. Bitcoin price remained in a bullish zone above the $51,000 and $51,200 levels. The price is trading above $51,200 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows two bullish trend lines forming with support at $51,450 and $49,200. A break above the $52,500 resistance area could continue the rise. Bitcoin price rally extends Bitcoin price began to rise steadily above the $50,000 resistance zone. BTC strengthened above…
The European Court of Human Rights upheld privacy and freedom of expression and rejected calls for backdoors in encrypted messaging services, highlighting potential security risks. The European Court of Human Rights (ECHR) has set a precedent strengthening individuals’ privacy rights across Europe, demonstrating its strong defense of freedom of expression and the right to private communication. The court’s decision came in response to a case involving demands to create backdoors in encrypted messaging services such as Telegram and Signal, which were allegedly necessary for national security and law enforcement purposes. The ruling highlights the tension between privacy rights and government…
PolyOne, the groundbreaking art and entertainment NFT platform, announces the launch of an exclusive NFT from pioneering 2D/3D artist Necrofear FX. This collaboration is a significant milestone that highlights PolyOne’s mission to leverage blockchain technology and the creator economy for the greater good, uniquely blending modern digital artistry with a classic, dark gothic aesthetic that highlights this unique inflection point in the history of civilization. . With a portfolio that spans a dynamic range and style, Albanian-born Necrofear is known for intricate textures, intricate regal patterns, and compelling storytelling through digital art. Deeply inspired by figures from ancient history and…
The widely respected cryptocurrency analyst and trader is predicting further upside for the altcoin, which has soared by triple digits over the past few months. Analyst known by the pseudonym Bluntz says The 239,700 followers of social media platform “SEI continued to consolidate and then rise to higher levels. I thought SEI’s psychological level of $1 was a good target. After checking SEI/BTC now, I don’t think $2 is outside the realm of possibility.” According to the analyst’s chart, SEI’s US dollar pair appears to have broken out of the downtrend line on the 1-hour chart. In the SEI/BTC pair,…
Telecommunications company based in Spain telefonica Announcement of strategic partnership with web3 solution provider Chainlink Lab On Thursday. According to a press release shared with The Block, through the partnership, the two companies will integrate real-world communications capabilities into blockchain networks for improved security.The partnership’s first use cases include the SIM SWAP API introduced by the Mobile Communications Association Open Gateway Global System, a mobile network that provides application programmable interfaces to developers. Telefonica is a member of GSMA.The SIM SWAP API is used to prevent fraud on personal and bank accounts by determining when the SIM card associated with…
IRS tax season is officially open in the United States. April 15, 2024 is the deadline for crypto holders to report their 2023 transactions to the Internal Revenue Service (IRS). The 2023 tax year includes any activity between January 1, 2023 and December 31, 2023. Late filings, failure to pay taxes owed and crypto tax evasion all carry potential penalties ranging from fines to jail sentences. We will cover these below. 2023 U.S. federal income tax brackets Tax rateSingleHead of householdMarried filing jointlyMarried filing separately10%$0 to $11,000$0 to $22,000$0 to $11,000$0 to $15,70012%$11,001 to $44,725$22,001 to $89,450$11,001 to $44,725$15,701 to$59,85022%$44,726…
Dogecoin is pacing above the $0.085 area against the US dollar. DOGE may begin a new rally above the $0.088 and $0.095 resistance levels. DOGE is showing positive signs above the $0.085 area against the US dollar. The price is trading above the $0.0865 level and the 100 simple moving average (4-hours). On the 4-hours chart of the DOGE/USD pair, a breakout occurred above the main contraction triangle at the resistance level of $0.0820 (data source from Kraken). The price may extend the rally above the $0.088 and $0.095 resistance levels. Dogecoin price turns green In the last few sessions,…