Ethereum options open interest reached $7.01 billion, with calls making up over 60% of positions, indicating a bullish medium-term outlook. Despite this, significant put volume shows traders are actively hedging against potential downside risks. Most trading occurs on offshore exchanges like Bybit, Binance, and Deribit, with short-dated bullish calls particularly popular. This mix of near-term downside protection and longer-term upside bets suggests investors are balancing risk while positioning for potential price gains.
Cryptocurrency markets show a general downward trend with Bitcoin priced around $77,958, down 1.33%, and Ethereum at $2,468, down 0.87%. Many altcoins like BNB, XRP, and DOGE also experienced significant declines, some exceeding 5%. This broad sell-o...
XRP Ledger developers plan to make their blockchain fully resistant to quantum computing threats by 2028, a year ahead of Ethereum's similar goal set for 2029. Their approach includes native key rotation to keep user addresses unchanged, an emergency...
U.S. President Donald Trump proposed a $5,000 dividend for every adult American if Republicans control both the House and Senate after the midterm elections. This plan, aimed at rewarding Americans for economic performance, could inject about $1.2 tr...
Bitcoin dominance has increased to 58.6% while the total cryptocurrency market capitalization fell by 4.3% to $2.67 trillion. This shift indicates investors are moving capital back into Bitcoin, seen as a safer asset, while altcoins face heavier sell...
US President Donald Trump promised a $5,000 dividend to every adult American if Republicans win both the House and Senate in the upcoming midterm elections. This stimulus could trigger a rally in cryptocurrencies like Bitcoin, Ethereum, and XRP, simi...
