Over $10 billion worth of options for Bitcoin, Ethereum, XRP, and Solana are set to expire today, April 24, on the Deribit exchange. Bitcoin options total $8.3 billion with a max pain price of $73,000, below the current price of around $78,000, indicating potential price pressure downward. Ethereum options worth $1.34 billion have a max pain price of $2,200, also below its current price, suggesting bearish sentiment. XRP and Solana options show mixed signals, with XRP max pain at $1.45 and Solana showing a bearish put-call ratio. Traders expect increased volatility and uncertainty as these expiries could influence short-term market direction.
Elon Musk's net worth fell below $1 trillion after SpaceX's stock plunged about 40% from its peak, dropping the company's valuation from $2.9 trillion to under $1.6 trillion. The stock, which surged to $225 after its IPO, has fallen below its initial...
Bitcoin fell below $65,000 following Iran's rejection of renewed peace talks with the US, intensifying geopolitical risks. Despite former President Trump's claim that Iran sought a deal, Iran's Foreign Ministry confirmed no plans for negotiations, pr...
Bitcoin crossed the $65,000 mark with improving market sentiment, reflected by a Crypto Fear & Greed Index of 35. Despite recent volatility and liquidation of over 79,000 traders, Bitcoin and Ethereum saw significant inflows into spot ETFs, signaling...
Bitcoin surged above $65,000 and Ethereum passed $1,900 after US Producer Price Index data showed inflation cooling more than expected. The weaker inflation readings reduced market expectations for a Federal Reserve interest rate hike in July, boosti...
With Bitcoin down over 50% from its peak and market sentiment in extreme fear, an analyst highlights Cardano as a safer crypto option due to its balanced mix of security, decentralization, and steady development. Unlike other chains chasing trends, C...
