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$2.2 Billion Notional in BTC Options Set to Expire on Friday, Bitcoin Contango Has Returned
27.5.2021
According to data from Skew Analytics, more than 55,000 bitcoin options contracts worth $2.2 billion will expire on Friday. Statistics further show, as far as options are concerned, Deribit captures the lion’s share of contracts with 48,469 bitcoin options contracts ($1.95 billion notional)...
Monthly $1.9B Ethereum futures and options expiry will determine if ETH hits $3K soon
27.5.2021
Ethereum bulls may have flipped $2,400 back to support, but Friday’s ETH options and futures expiry will determine if traders press the pedal for $3,000
Pumped up by volume? 5 crypto assets that traders loved this month (and their prices)
27.5.2021
Trading volume in crypto markets can be a key indicator of price volatility — but is there a direct correlation that traders can use to help inform their investment decisions?
Ethereum Stages Recovery After Drastic Freefall
27.5.2021
During the week ended May 6, Ethereum rallied 34.5%. Trading at $2,976 with a 1.8% profit in the daily chart, the cryptocurrency was poised to break the $3,000 mark. At these levels, there are major walls of resistance and expert trader by the pseudonym Edward Morra said the following week would...
Bitcoin and Ethereum Target Fresh Weekly Highs, Altcoins Turn Attractive
27.5.2021
Bitcoin price remained well supported above the USD 37,000 level. BTC started a fresh increase and it surpassed the USD 38,500 level. It is currently (12:20 PM UTC) showing positive signs and it might surge above USD 40,000 and USD 40,500.
Similarly, most major altcoins are trying to gain bullish...
Ethereum Classic (ETC): Can It Compete With Ethereum (ETH)
27.5.2021
Ethereum Classic is the original sect that follows the same regulations and protocols as established in 2015. While Ethereum has made substantial gains, the ETC has been a lackluster growth in dollar gains compared to its split currency Ethereum. ETC maintains the original history of the Ethereum...
Ethereum's EIP-1559 'Doesn't Deliver' As It's 'Not Meant to Reduce Fees'
27.5.2021
Ethereum Improvement Proposal (EIP) 1559 is one that keeps on giving - discussions, that is. What it does not do is "deliver," argued Founder and CEO of popular Ethereum (ETH)-focused wallet manager MyCrypto, but receiving numerous counterarguments along the way.
The contested...
South Africa Reserve Bank Commences Retail CBDC Feasibility Study
27.5.2021
The South African Reserve Bank (SARB) says it has commenced a feasibility study for a general-purpose retail central bank digital currency (CBDC). The study, which the SARB expects to conclude in 2022, will focus on the issuance of a domestic CBDC that can be used by consumers in South Africa...
Bitcoin and Ethereum Fail Near Major Hurdles, ENJ Rallies
27.5.2021
Bitcoin price made an attempt to surpass the USD 40,000 resistance. BTC even traded close to USD 41,000, but it failed to stay in the positive zone. It started a downside correction and it is currently (04:25 UTC) trading well below USD 38,000.
Similarly, most major altcoins trimmed gains....
Billionaire Carl Icahn says he may drop up to $1.5B into crypto
27.5.2021
Billionaire Carl Icahn may invest up to $1.5 billion into crypto while noting that “much of the cryptocurrency issued today will not survive.”
Mark Cuban Reveals Stake in Ethereum Layer 2 Scaling Solution Polygon
27.5.2021
Famed American entrepreneur and investor Mark Cuban has divulged a strategic investment in Polygon, highlighting his own use and embrace of the protocol’s multi-chain approach to Ethereum. Investment Accompanies Release of the Polygon SDK As major names line up behind Ethereum, notably...
Altcoins soar while Bitcoin and Ethereum price stall near key levels
26.5.2021
Altcoins moved higher while a lack of buy volume prevented Bitcoin and Ethereum price from breaking out after the completion of a bullish inverse head and shoulders pattern
Price analysis 5/26: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, ICP, UNI, BCH
26.5.2021
Dip-buyers catalyzed a strong relief rally in Bitcoin and altcoins but decreasing volumes and overhead resistance suggest the market is losing momentum
Polygon debuts SDK for building Ethereum-compatible chains
26.5.2021
Polygon developers are set to launch tools to enable the creation of Ethereum-compatible standalone chains and layer-two protocols
ABEYCHAIN 2.0: Driving the Next Generation Blockchain Ecosystem
26.5.2021
Scalability is one of the problems facing public blockchains like Bitcoin and Ethereum. This is because their architecture is not sufficient to handle the increased number of users. Ethereum, in particular, has been plagued with slow confirmation times and high transaction fees leading many...
Bitcoin and Ethereum Gain Momentum, Altcoins Accelerate
26.5.2021
Bitcoin price remained strong above the USD 38,000 resistance level. BTC even broke the USD 40,000 level and traded close to USD 41,000. It is currently (12:20 PM UTC) correcting gains, but it might continue higher towards USD 42,000 in the near term.
Similarly, most major altcoins are gaining...
Gamestop NFT Website Discovered With Hidden Easter Egg Retro Game
26.5.2021
Following the infamous Wallstreetbets story a few months ago, the company Gamestop is doing much better than it did a year ago. Now a new website called nft.gamestop.com indicates that the firm is dipping its feet into blockchain technology via non-fungible tokens built with Ethereum. ‘Power...
GameStop Makes Its NFT Move Official – and Will Likely Use Ethereum
26.5.2021
The Texas-based, stock exchange-listed gaming retailer GameStop (GME) has rolled out a website to promote a forthcoming non-fungible token (NFT) platform.
Per the website copy, the firm is “building an [NFT] team,” and added that it was now recruiting “engineers (Solidity, React and Python)...
Bitcoin price volatility hits 2021 high as one analyst paints $15,000 target
26.5.2021
Wild price fluctuations are likely in the top two cryptocurrencies as both record a dramatic spike in their 30-day realized volatility charts
Bitcoin blasts past $40K again, Ethereum nears $3K: Is a bigger crypto rally looming?
26.5.2021
Bitcoin has surged past $40,000 and the cryptocurrency market is rapidly recovering, with $42,000 remaining as a key sell