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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...

Ethermine Mining Pool Cashes in Its $2.6 Million Ethereum Fee Windfall


Ethermine will now proceed to distribute its $2.6 million bonanza from a series of bizarre ethereum transactions last week after the fund’s owner failed to make a valid claim. On June 11, the miner, a unit of Bitfly, received the record fee in a transaction involving just 350 ether (ETH),...

Speculation Rife as User Pays a Second $2.6 Million Fee in Ether Transaction


History repeated itself on Thursday, after the Ethereum blockchain processed another transfer with fees of $2.6 million – the second such unusual, record-fee transaction in 24 hours. A user sent 350 ether (ETH), worth about $86,400 and paid 10,668 ETH, or $2.6 million, in transaction fees....

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