Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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TONcoin Partners with Flipster for Enhanced Deposit Options and Rewards
Derivatives trading platform Flipster has partnered with TON to integrate USDT. Flipster is hoping to enhance user experience by broadening its supported token list and incentives. Flipster, a leading crypto derivatives exchange, recently announced a strategic collaboration with The Open Network (TON). This partnership integrates the USDT TON network into Flipster’s platform for enhanced deposit options and rewards. Flipster Celebrates Partnership With Exclusive Rewards To celebrate this integration, Flipster revealed, in a blog post, its intentions to give users a…
12 months ago
Ethereum: 200,000 ETH Options Expiry Spurs Demand – How Far Can Price Go?
Investors are bullish on Ethereum as the industry awaits the launch of Spot Ethereum ETFs. This sentiment is relayed through the recent expiration of Ethereum options contracts and the put-call ratio. According to data, over 200,000 ETH options recently expired, and the crypto community eagerly awaits the direction of the Ethereum price. Notably, the majority of the expiring ETH options are call options, meaning buyers are betting the price will rise. At the same time, the put-call ratio is at…
12 months ago
Bitcoin ETFs Witness 18 Straight Days Of Inflows, Options Traders Eye $100,000
US spot Bitcoin ETFs have experienced a noteworthy streak of net inflows for 18 consecutive days, contributing to the upward momentum of the leading cryptocurrency as it inches closer to its all-time high levels set in March. According to Bloomberg data, these ETFs, managed by some of the world’s largest financial institutions, have attracted net subscriptions of $15.6 billion since their launch on January 11, bringing total assets under management to a substantial $62.3 billion. Record-Breaking Demand For Bitcoin ETFs…
1 year ago
69K BTC & 92K ETH Options Expire On 31 May – Is a Massive Sell-Off Coming?
The post 69K BTC & 92K ETH Options Expire On 31 May – Is a Massive Sell-Off Coming? appeared first on Coinpedia Fintech News On May 31, the cryptocurrency market witnessed the expiration of significant BTC and ETH options, providing key insights into market sentiment and potential strategies. According to a tweet by Greek Live, 69,000 BTC options and 920,000 ETH options expired, with notable disparities in their respective metrics. BTC & ETH Options Expiry A total of 69,000 Bitcoin…
1 year ago
OkayCoin Unveils New Cryptocurrency Staking Options
Los Angeles, USA, May 30th, 2024, Chainwire OkayCoin, a leading entity in the cryptocurrency staking market, has announced the launch of new APY staking offers. This strategic move aims to leverage the growing interest among younger investors in cryptocurrency investments. The OkayCoin team aims to provide an alternative for individuals looking to optimize their cryptocurrency earnings with new staking options that feature competitive APYs. These offers align with OkayCoin's broader strategy to streamline cryptocurrency investment, with the potential for returns…
1 year ago
Ether Options Trading Volume On CME Reach ATH in May
The post Ether Options Trading Volume On CME Reach ATH in May appeared first on Coinpedia Fintech News The monthly trading volumes of options of ether futures on the CME have reached an ATH this month, reaching $1.26B for May, a substantial rise compared to April’s volume of $615.75 million. Wintermute analysts suggest that the increase in open interest signifies the increasing interest of institutional investors in trading ether relative to bitcoin amid the upcoming launch of spot ether ETFs.
1 year ago
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OptionsEthosX Launches New Perpetual Options Product
Claymont, Delaware, May 27th, 2024, Chainwire EthosX is excited to announce the launch of its new Perpetual Options product being launched in partnership with kanalabs.io on their front end. Called OPerps, it aims to be one of the most accessible and efficient ways to enhance returns by using knowledge about short-term market events. The product aims to help users leverage their market predictions to generate consistent income and maximize returns. OPerps is a decentralized platform for short-term options trading. It…
1 year ago
Ethereum Bullish Turn: Analyst Highlight Positive Bias In ETH Options Across All Expiries
Recent developments in the crypto market indicate a strong bullish sentiment among Ethereum traders, particularly in the options market. Amid the growing anticipation for potential approvals of spot Ethereum exchange-traded funds (ETFs), there has been a noticeable shift in option pricing, with Ethereum call options becoming more expensive than put options across all expiries. This pricing pattern suggests the market is optimistic about Ethereum’s price prospects. Notably, A call option gives the holder the right, but not the obligation, to…
1 year ago
Ethereum ETF Hopes Boost Ether Call Options
The post Ethereum ETF Hopes Boost Ether Call Options appeared first on Coinpedia Fintech News Amid renewed hope in the market over the potential Ethereum ETF approval, ether call options are now more expensive than put options for all expiries, signifying a bullish outlook. Traders are willing to pay more for calls than puts, particularly for options expiring at the end of June and beyond. This indicates a bullish market sentiment as traders anticipate a future price rise. After the…
1 year ago