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Put-to-Call Ratio Rises as Ethereum Options Market Sets New Record


Source: Adobe/djjeep_design Despite a new record in the overall interest in ethereum (ETH) options trading seen yesterday, the market may be sending a signal that some ETH holders are hedging their bets on the second-most valuable cryptoasset. The increasing hedging, which may perhaps stem from...

Record Breaking Unmoved Bitcoin Data Sparks Expectation of Imminent Bull Run


The amount of bitcoin that has not moved in over a year is at an all-time high. The last peak was in 2016, before the bitcoin bull run that saw the price spike to $20K. Several forecasting models have predicted that the price of bitcoin will reach $20K this year and the next bull run […] The...

‘Sophisticated’ Hacker Plunders $450,000 From Defi Protocol Balancer


Decentralized finance (Defi) protocol ​Balancer was on Sunday hacked for more than $450,000 worth of cryptocurrency. In two separate transactions, an attacker targeted two pools containing Ethereum-based tokens with transfer fees – or so-called deflationary tokens. Pools with Sta...

Crypto Market Sentiment Unchanged in 7 Days, Drops in a Day


Following the last week's large drop, crypto market sentiment score (sentscore) barely moved over the course of the past seven days. The combined moving 7-day average sentscore for the top 10 coins slipped from 4.97 reported last week to 4.92/10 this time around, according to crypto market...

Jarvis Labs’ Says Market Wrote off The Halving: Wakeup call Incoming


Disclaimer: The text below is a press release that was not written by Cryptonews.com. In the Market Outlook report by Jarvis Labs, the team details how exchange flows are creating a scenario similar to what we saw in 2016 after the last halving. With Tether adding $4.6 billion to their market...

Skeptics Concerned Plustoken Scammers Plan to Dump $187M Worth of Ethereum


Crypto market skeptics and speculators are concerned about 789,000 ETH that started moving four days ago last Wednesday. The transaction was recorded by Whale Alert, and the $187 million worth of ether stems from the Plustoken scammers. On Wednesday, June 24, 2020, at approximately 9:46 a.m. (ET)...

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