A trader executed a large long straddle on Ethereum options, buying 15,000 contracts at a $1,875 strike price expiring July 24, 2026, with a notional value around $28 million and paying about $852,000 in premium. This strategy bets on significant price movement in either direction rather than a specific price trend. The breakeven points are roughly $1,932 on the upside and $1,818 on the downside. This is the largest volatility bet in ETH options that week, signaling strong demand for near-term price swings and potentially influencing market volatility and hedging activity as expiry approaches.
The co-founder of Hyperliquid highlighted a significant challenge in the crypto industry: difficulty attracting top entrepreneurial talent who build and lead protocols. This talent shortage is seen as a structural issue across the sector, not limited...
Ethereum is showing bullish momentum with a mini golden cross on its daily chart, where the 20-day EMA crossed above the 50-day EMA, signaling a potential recovery. The price has found support near $1,740-$1,776 and faces resistance around $1,900-$1,...
T. Rowe Price, managing nearly $2 trillion in assets, launched its first actively managed multi-token crypto ETF (TKNZ) with $15 million initial capital. The ETF includes Bitcoin (41%), Ethereum (18.4%), XRP (9.37%), and Dogecoin (1.28%), marking sig...
Bitcoin held steady around $64,000 as spot Bitcoin ETFs saw net inflows of $79.2 million, even while other major cryptocurrencies like Ethereum, XRP, and Dogecoin dropped about 1% amid macroeconomic risk-off sentiment. Market data showed significant ...
Tom Lee of Fundstrat highlights Ethereum's crucial role in the future of AI, emphasizing two main reasons: AI systems need secure, immutable rules for autonomous transactions, and users will distrust centralized entities like governments or big tech ...
