Day: July 28, 2022

Interest in Ether Options Rises to Record as Traders Bet on ‘Merge’

Open interest – the number of options contracts traded but not squared off with an offsetting position – stood at a new lifetime peak of nearly 4 million, according to data from major exchanges, including Deribit, tracked by Swiss-based derivatives analytics firm Laevitas. The previous peak of around 3.5 million was registered in the second quarter. “The desk has traded an incredible amount of ETH calls this week, over 250,000 ETH notional,” the Singapore-based options trading giant QCP Capital noted in a Telegram chat. “A few hedge fund names have…

Ethereum’s biggest Merge staker soars 400% in July — but technicals flash warning

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Lido DAO (LDO) price has skyrocketed by roughly 400% month-to-date to reach $2.22 on July 28, its highest level in over two months. LDO Mergified LDO price has benefited majorly due to its association with Ethereum, the leading smart contract platform by total-value-locked (TVL) and market capitalization. Notably, LDO serves as a governance token inside the Lido DAO ecosystem, a project that offers staking services for Ethereum. $ETH move bringing the entire ecoystem with it. Best movers: •Defi: $LDO $UNI $BIT $AAVE•Layer 2: $OP $MATIC And of course because it’s…

Cryptocurrency founder leaves behind trail of burnt investors | A Current Affair

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Subscribe here: | If you looked at Robert Tidy’s social media accounts, you might think he’s a billionaire amid the first class flights, designer watches, five-star hotels, even eating caviar for dinner. In reality, he’s been bankrupt multiple times, held up at gunpoint over money and none of the digital business concepts he’s been spruiking in the past decade, have ever taken off. Now burnt investors, some of whom invested their entire superannuation in questionable business ventures championed by Tidy are speaking…

CoinGecko open to acquisition but now is ‘too early,’ co-founder says

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Major cryptocurrency tracking website CoinGecko is open to acquisitions, but not right now, according to a co-founder of the platform. CoinGecko has been hit by the current crypto bear market, but the firm is far from selling off, CoinGecko chief operating officer Bobby Ong told Cointelegraph. Ong believes that all crypto-related companies are affected by the cyclical nature of the industry as they usually do well during bull runs and struggle during bear markets. “During this crypto winter, we at CoinGecko are similarly impacted. This will be our third crypto…

ROLA Brings You the Best Predict-to-Earn Ecosystem – Press release Bitcoin News

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press release PRESS RELEASE. ROLA, a community-driven platform for the crypto industry, allows users to participate in AI-based predictions on all market aspects while leveraging real-time market insights on top of professional analysts’ knowledge. The ROLA app enables users to consume market insights while improving from the users’ votes. The algorithm thus improves from the signals it receives from the community and, in return, provides accurate predictions. In this way, ROLA is strongly driving a Predict-To-Earn ecosystem. What ROLA Brings To The Web3 Community The crypto community has witnessed projects…

Tezos (XTZ) Price Movement Indicates Looming Price Drop

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Tezos seems to be heading south. As of this writing, XTZ trades at $1.61 following a 3.10% boost in price seen overnight. XTZ’s relative strength index and volume have declined and isn’t showing any signs of bullish movement. As of press time, XTZ movement ceases to be dubbed as an impulse wave. This means that Tezos is now moving towards a back slide. Related Reading | BNB Basks In The Green As Price Glows 5.84% In Fields Of Red Tezos Hints At Bearish Movement The bearish streak has been obvious…

Cryptocurrency में 25% तक की गिरावट, क्या यह निवेश का सही मौका है ? Bitcoin | Kharcha Pani Ep 350

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Download 5paisa app and use coupon code LT150 – 5paisa is the fastest growing discount broker app with 2+ million happy customers and over 10 million app users. 5paisa offers all financial services like Equity Trading, Mutual Funds, Insurance, Research Products, Commodity and Currency Trading, Digital Gold Investment, US Stocks and more. The Lallantop presents you Kharcha Pani, the daily economic bulletin and in today’s episode we discuss following : 1-What are the reasons behind free falls in the crypto market? 2-How…

Ethereum dev confirms Goerli merger date, the final update before the Merge

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The Ethereum mainnet is just one testnet merger away from officially transitioning to a proof-of-stake (PoS) blockchain. After multiple shadow forks and testnet merges, the years-long journey has reached the final stage with the announcement of the final testnet merge to the Beacon chain. The transition to PoS began in December 2020 with the launch of the Beacon chain, starting Phase 0 of the three-phase process. Phase 1, the current phase, was slated to be completed by 2021. However, due to numerous delays and unfinished work on the developers’ end,…

Law Commission for England and Wales proposes reforms for digital assets

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The Law Commission of England and Wales is proposing a number of law reforms to provide wider recognition and legal protections for cryptocurrency and digital asset users. The institution is reviewing existing legislation on digital assets at the request of the British government in an effort to accommodate the space as it continues to grow in reach and use. The Law Commission announced the call for public consultation from legal experts, technologists and users on Thursday. The proposal highlights the evolving nature and multi-faceted use of cryptocurrencies, nonfungible tokens (NFTs)…