Ethereum options open interest rose to $4.63 billion, showing a strong bullish tilt with calls making up 61.22% of open interest and 58.47% of recent volume. Traders are positioning for both near-term gains and a potential extended rally into year-end, especially around key strike prices like $3,200 for December. Despite the bullish sentiment, significant put options remain in play, indicating ongoing demand for downside protection and risk management. This balance suggests Ethereum's derivatives market expects upside potential while preparing for volatility, which could influence liquidity and price swings as key option expiries approach.
Bitcoin long-term holders have significantly increased their holdings, reaching the highest accumulation level in over six years. The LTH Net Position Change shows a gain of approximately 1.29 million BTC, indicating strong confidence among long-term...
Major cryptocurrencies saw mixed movements with Bitcoin maintaining its $64,000 level and Ethereum rising by 2%, supported by strong equity markets. However, XRP and Dogecoin showed weaker performance. Data indicated significant trader liquidations a...
Ethereum's price has stalled between $1,830 and $1,930 with trading volumes dropping nearly 50% since late July, reflecting market uncertainty amid macroeconomic concerns and lack of bullish news. A flag pattern has formed after a breakout above $1,8...
A proposal to remove Ethereum staking rewards if staked ETH exceeds half of circulating supply faces strong opposition from DeFi leaders like Aave CEO Stani Kulechov. Critics argue the plan would disrupt institutional adoption, reduce yield predictab...
Bitcoin recovered from a dip below $62K to trade around $64,300, buoyed by the S&P 500 reaching fresh all-time highs above 7,050. This rally shows the usual pattern where crypto prices follow traditional equities, though market sentiment remains fear...
