Bitcoin’s 25-delta one-month call-put skew, which assesses the relative price of calls versus puts expiring in four weeks, has risen above 10%, reaching the highest since April 2021, according to data tracked by Amberdata. In other words, demand for calls or bullish bets is outpacing puts, offering downside protection. Source
“We consider our partnership with the CBI as a testament to our unwavering dedication to building a safe and regulated digital asset ecosystem in India,” said Manan Vora, Senior Vice President of Strategy and Business Operations at Liminal. “As experts in the field, we feel it’s our responsibility to assist law enforcement agencies with rigorous security protocols.” Source
Over $62 million in bitcoin shorts were liquidated in the past 24 hours, contributing to higher prices. Original
Bitcoin (BTC) neared $37,000 on Nov. 9 as a fresh BTC price surge appeared to take traders by surprise. BTC/USD 1-hour chart. Source: TradingView U.S. “carrying” Bitcoin upside Data from Cointelegraph Markets Pro and TradingView showed BTC/USD passing $36,000 after the daily close. The pair went on to reach $36,864 on Bitstamp, making its highest level since early May 2022. The day prior, concerns among market participants focused on bid liquidity heading lower, potentially allowing for a retest of $34,000. This ultimately failed to occur, with upside entering during United…
In a Nov. 8 post released on X, Open Exchange (OPNX) shares the announcement of their latest regulatory milestone in Europe. The exchange is said to now have the Virtual Asset Service Provider (VASP) license in Lithuania, a country in the Baltics. Adhering to high standards The announcement stated that the license would require OPNX to adhere to the highest standards of security and compliance, alongside claims the team is already using robust KYC and anti-money laundering systems. With the VASP license, OPNX has the ability to service the European…
The United States securities regulator chief has hinted he would be open to a rebooted crypto exchange FTX — as long as its new leadership stays within the bounds of the law. SEC Chair Gary Gensler’s comments were made in response to reports that Tom Farley, a former president of the New York Stock Exchange, is now in the running to buy the bankrupt cryptocurrency exchange founded by now-convicted fraudster Sam Bankman-Fried. “If Tom or anybody else wanted to be in this field, I would say, ‘Do it within the…
The fund continues to sell GBTC as shares have rallied 235% this year, outperforming bitcoin and traditional risk assets. Source
Ultraviolet (UV) lights were the likely culptit behind the reported vision loss, eye pain and skin issues for at least 15 attendees of Yuga Labs’ ApeFest event in Hong Kong last week, the nonfungible token (NFT) conglomerate has confirmed. On Nov. 5, attendees began reporting eye and skin-related issues after attending ApeFest the day before — which was a free event for Bored and Mutant Ape Yacht Club owners held in Hong Kong. In a Nov. 9 X (Twitter) post, Yuga’s Bored Ape Yacht Club (BAYC) account confirmed that “UV-A…
“This comprehensive investigation, undertaken in collaboration with Jack Morton Worldwide, the global brand experience agency that produced ApeFest 2023, has determined that UV-A emitting lights installed in one corner of the event was likely the cause of the reported issues related to attendees’ eyes and skin,” the post read. Source
The native token of the Sui blockchain, SUI, has seen its prices surge over the past week amidst a broader cryptocurrency market downturn. SUI has risen 28% in the last 7 days and is currently trading around $0.5791. The rally was strengthened despite the market downturn on the heels of Sui’s Nov. 8th announcement revealing a strategic collaboration with Space and Time (SxT), a verifiable compute layer. Sui is a layer 1 blockchain created by former Facebook developers that launched its mainnet in May 2023. It aims to provide fast…