Author: NBTC
According to data, Ethereum call options have become more expensive than put options across all maturities. According to one analyst, this trend indicates a bullish trend in the market. Luuk Strijers, CEO of cryptocurrency exchange Deribit, said in an email: “The bid minus bid skew is negative across all maturities and increases further beyond the end-June expiry, which is a very bullish signal, with the basis at around 14% per year.” “It has risen to e, which is another bullish indicator.” The analysis shows that investors are willing to pay more for calls than for puts, especially for options expiring…
In April, the Worldcoin Foundation has made several crucial advancements in the field of blockchain technology. One of them is the launch of Wave1 of the Community Grants Program, the grant call for novel ventures that use the blockchain to promote social good. The other one is the introduction of the World Chain, a new blockchain platform that emphasizes user reach and ease of use. Calling all World Chain builders.https://t.co/3Ng5wC8EIT — Worldcoin (@worldcoin) May 1, 2024 Worldcoin Foundation Boosts Innovation with World Chain Grants Category The two announcements represent a major leap for the Worldcoin Foundation, given its objective of…
A Nigerian court has adjourned a tax evasion case against Binance, the cryptocurrency exchange, until next month. The postponement came after authorities failed to produce Tigran Gambaryan, a Binance executive charged in the case, in court on Wednesday; as reported by Reuters. Neither Nigerian authorities nor Binance offered an explanation for Gambaryan’s absence. Moses Ideho, a lawyer for the revenue service, said Gambaryan was expected to be brought to court by the Nigerian prison service. Judge Emeka Nwite then set June 14 as the date for the possible arraignment of Binance and Gambaryan. Gambaryan and another Binance executive, Nadeem Anjarwalla,…
The founder of MicroStrategy and its former CEO Michael Saylor is one of the most influential figures in the Bitcoin community. Having stepped down from his chief executive position, he is now focused on the company’s BTC strategy, which MicroStrategy adopted in 2020. Recently, he published a tweet on his X/Twitter handle to emphasize the significant impact of the approaching halving on the Bitcoin price. His message also refers to buying pizza, but it is not about the renowned Bitcoin Pizza day. That event is also close but not as close as the halving. Michael Saylor’s Bitcoin halving message Michael…
On-chain data suggests the Ethereum whales have shown a burst of activity recently. Here’s what these titans have been up to. Ethereum Whale Transactions Are At Their Highest Since March In a new post on X, the market intelligence platform IntoTheBlock has discussed how the ETH whales have become active recently. The on-chain metric of interest here is the “Number of Large Transactions,” which, according to the analytics firm, tracks the total number of Ethereum transactions on the network valued at more than $100,000. Generally, only whale entities can make such large single transaction movements, so such large transfers are…
Hayden Adams, the CEO of Uniswap, a decentralised exchange, has voiced apprehensions over the current trajectory of cryptocurrency policies under the Biden administration. Adams emphasised the necessity for President Joe Biden to consider voters’ sentiments regarding digital assets as a critical factor in his potential reelection bid. Adams underscored the urgency for President Biden to amend the perception surrounding his administration’s stance on cryptocurrencies. According to Adams, the current approach, influenced by Senator Elizabeth Warren and the Securities and Exchange Commission (SEC), could adversely impact Biden’s reelection prospects. Republican Shift Towards Crypto Adams highlighted a significant trend wherein Republicans increasingly…
Bitcoin’s (BTC) price has weakened again after failing to steady above the $65,000 zone, with the cryptocurrency continuing to be weighed down by rising geopolitical tensions in the Middle East. As Bitcoin remains bearish, the majority of the market is monitoring its direction, particularly given that the price movements are playing out in a monumental week characterized by the upcoming halving. In line with this, crypto analyst Ali Martinez, in an X (formerly Twitter) post on April 16, pointed out that Bitcoin has established new support and resistance levels investors should watch. According to the expert, Bitcoin has entered a…
A top crypto trader thinks a spot Ethereum (ETH) exchange-traded fund (ETF) approval in the United States could send altcoins “to the stratosphere.” The pseudonymous analyst known as the Flow Horse tells his 216,300 followers on the social media platform X that a spot ETH ETF would make the crypto markets “get crazier.” “Here I am thinking spot and chill during the summer, but if we get an ETF approved for ETH the second wind is going to hit hard AF.” The trader also says that top meme asset Dogecoin (DOGE) in particular has been “sitting in a really nice…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The Asia Cryptocurrency Commission (ACC) fosters secure and transparent relationships between brokers and investors through certification, dispute resolution, and compensation services. The Asia Cryptocurrency Commission (ACC) makes every effort to create and maintain a safe and transparent environment between brokers and their clients (investors). This approach is explained by the very role of the financial regulator in this industry – establishing a balance and protecting both sides of the investments. Asia Cryptocurrency Commission sets up close communication ACC has…
Binance, the world’s leading cryptocurrency exchange by trading volume, is set to celebrate Bitcoin Pizza Day on a grand scale by distributing over 5,000 pizzas across the globe. This six-day event aims to engage both crypto enthusiasts and the general public, reinforcing Binance’s mission to educate and involve a broader audience in the world of cryptocurrency. Starting on May 17 and running through May 22, Binance will host a series of events and activities in various iconic locations including Thailand, Paris, Dubai, Australia, Mexico, Brazil, and Argentina. These activities will feature in-person pizza parties, Binance-branded pizza vans, and special deliveries…