Author: NBTC

October’s expiry is due Friday at 08:00 UTC, with $4.2 billion in options expiry for bitcoin and over $1 billion for ether. Bitcoin has a higher put/call ratio than ether, which indicates a more bullish sentiment as we approach options expiry. The crypto market may be set up for some short-term volatility this week as monthly bitcoin (BTC) and ether (ETH) options contracts are set to expire on Friday. BTC and ETH options contracts worth $4.2 billion and $1 billion, respectively, will expire on Deribit at 08:00 UTC. An option allows the holder the right, but not the obligation, to…

Despite Bitcoin’s dominance in the current rally, Ethereum is also displaying strong potential for a significant price surge, according to on-chain data. As per IntoTheBlock data, Ethereum has historically shown strong price performance following Bitcoin rallies, benefiting from profit rotations. However, several key on-chain metrics offer mixed signals, adding complexity to Ethereum’s outlook. On-Chain Activity Shows Mixed Signals for Ethereum Ethereum’s on-chain data highlights interesting trends. Daily transactions on the network have risen slightly, now averaging 1.22 million compared to 1.1 million three months ago. This increase signals growing activity, though it remains modest compared to past bull markets. Transaction…

The Bank of Russia warns that tokenized real-world assets pose new risks, including market volatility and regulatory challenges. The tokenization of real-world assets remains in its early stages and currently poses no significant systemic risks. However, as the practice spreads, it may introduce critical risks, especially in capital flows to unregulated segments and the exposure of traditional financial players to cryptocurrencies, the Bank of Russia warns. In a 47-page research report, the central bank explained that tokenized assets are not exempt from the risks associated with their underlying real-world assets. These risks, such as theft, damage, or loss during storage,…

Fetch.ai, a Cambridge-based artificial intelligence company and member of the Artificial Superintelligence Alliance, has integrated Alibaba Group’s cloud computing subsidiary Alibaba Cloud as a cloud provider. Artificial Superintelligence Alliance is a merger of SingularityNET, Ocean Protocol, and Fetch.ai, with the token trading under the FET symbol. The companies announced the partnership via a press release on Oct. 30, with Fetch.ai noting that the collaboration is one more step towards bringing web2 to web3. Fetch.ai will tap into Alibaba Cloud’s infrastructure to bolster its decentralized AI network through Cloudician, Alibaba Cloud’s web3 partner in the Asia Pacific region. In this case,…

Reports indicate that China is considering changing its negative stance toward bitcoin and cryptocurrency, as the next U.S. administration adopts a more open policy toward the cryptocurrency industry. This shift would be a direct result of President Trump’s support for crypto. China Considering Pivot on Its Bitcoin Strategy Due to President Trump’s Ideas The new geopolitical and financial direction promoted by President Trump and his upcoming administration appears to be positively influencing the global perception of bitcoin, with China reportedly at the center of this trend. President Trump’s ideas may have influenced President Xi Jinping’s views on the bitcoin issue,…

Bitcoin (BTC) and Ethereum (ETH) are approaching critical resistance levels, with experts indicating that both assets could attract significant attention if they break through. The Bitcoin price has fallen 2% in the past day to $66,960, while Ethereum is down 3% at $2,630 during European trading hours, according to data from CoinGecko. Despite the short-term dip, market analysts are optimistic about a potential breakout. Speaking with Decrypt, Maria Carola, CEO of Cayman Islands-based cryptocurrency exchange StealthEX, attributed Bitcoin’s price movement to geopolitical factors, particularly the strengthening position of Donald Trump in the U.S. election race. “The recent strengthening of Donald…

Allianz seems to have decided to participate in MicroStrategy’s Bitcoin (BTC) accumulation strategy. In fact, the largest German insurance company has purchased 25% of the 2031 convertible bond loan of the Business Intelligence company. Allianz acquires 25% of the bonds issued by MicroStrategy to buy Bitcoin Allianz and the purchase of Microstrategy bonds: institutions support Bitcoin (BTC) The entry into the top 100 USA companies by market cap before the bear market Allianz acquires 25% of the bonds issued by MicroStrategy to buy Bitcoin A major twist is the revelation that Allianz, the largest German insurance company, has purchased 25%…

The Glif project in the Filecoin ecosystem announced the airdrop of 100 million GLIF and presented the tokenomics of the asset. The community is provided with a 35% share of the offer, including 10% for the airdrop, 15.65% for investors, 29.35% for core participants and 20% for ecosystem development. According to the tokenomics, the total emission volume will be 1 billion GLIF. The tokens provided for the airdrop will be distributed among GLIF Points holders in a 1:1 ratio. The project team launched a campaign to earn points at the end of March 2024. According to the official announcement, as…

The Blockchain Association has called on president-elect Donald Trump and Congress to prioritize five key actions during the administration’s first 100 days to establish the U.S. as a global leader in cryptocurrency innovation. In an open letter, the industry group outlined specific measures to address regulatory challenges and support the domestic digital asset economy. 1/ Today, Blockchain Association submitted a letter to President-elect Trump and the new Congress outlining priorities impacting the crypto industry to consider in the first 100 days.https://t.co/uMa29LYHpr pic.twitter.com/kJbx9l1cqv — Blockchain Association (@BlockchainAssn) November 22, 2024 The Blockchain Association is a U.S.-based crypto lobbying group advocating for…

MoonDog, the blockchain innovation hub, has announced its exciting collaboration with Shadow Killers. They both teamed up to bring a groundbreaking experience to the Solana metaverse. Shadow Killers, a highly anticipated Solana metaverse game, combines the thrill of GameFi with NFT mining. It creates an immersive digital world where players can play, explore, earn, and thrive. This partnership aims to redefine the interaction of gamers and crypto enthusiasts. The unity of the two promises an epic journey for the community with blockchain technology. MoonDog has disclosed this strategic collaboration through its official X account. Through this strategic collaboration, MoonDog and…