The three-month ETH call-put skew flipped negative early today for the first time since January, indicating a bias for put options expiring in 90 days, according to data source Amberdata and crypto exchange Deribit. Puts offer protection to the buyer against price slides, while calls do the opposite. Source
Month: April 2024
TRON DAO at Harvard Blockchain Conference and New TRON Builder Tour Stop
PRESS RELEASE. Geneva, Switzerland, April 17, 2024 – The Harvard Blockchain Conference, a premier gathering hosted by the Harvard Blockchain Club, showcased the TRON DAO as a Platinum Sponsor, the highest tier for the Harvard Blockchain Conference. The official conference saw a packed crowd of attendees featuring a variety of students, thought leaders, and blockchain […] Source CryptoX Portal
P2 Ventures Commits $50M Via Hadron FC to Startup Founders in Polygon Ecosystem
The investment by P2 Ventures will go to founders through Hadron FC, a founder program with campuses in Dubai and New York, according to a press release. The program comes with mentorship, legal and regulatory assistance, networking opportunities and “comprehensive support to navigate the complexities of startup development and raise capital,” the release said. Among the initial 36 projects onboarding, several “engaged in a week of in-person co-building at the facility in Dubai.” Source
Buy Bitcoin Miners Ahead of the Halving, Bernstein Says
“However, in the current 2024 cycle, the exchange-traded fund (ETF) approvals in January led to a strong price appreciation pre-halving,” the authors wrote, noting that bitcoin has dropped as much as 15% only in the last 10 days, following slower ETF inflows. Original
Norway regulators clamp down on crypto mining via new law
Regulators in Norway are looking to clamp down on cryptocurrency mining via a new law for data centers operating in the nation. According to a report from local media VG, the new framework will mandate that data centers register officially and provide information about those involved, like owners and leaders, and the type of services they offer. The legislation will be the first of its kind, making Norway the first European nation to regulate the data center industry. “The purpose is to regulate the industry in such a way that…
UK Parliamentarians Call for Govt to Invest in Developing Crypto, Blockchain Skills Pipeline
“Although the U.K. is well placed to harness the opportunities presented by the growth of the digital economy, considerable preparation and investment in education, training and skills will be needed to make the most of these opportunities and to ensure that the U.K. has the necessary talent pipeline to help it realize its goal of becoming a tech superpower,” Cameron said in a press statement shared with CoinDesk. Source
Analyst Keeps Faith In XRP, Targets $288 Despite Price Retreat
In the tumultuous world of cryptocurrency, where prices can soar to unprecedented heights one day and plummet to new lows the next, XRP, the digital asset associated with Ripple, finds itself at the center of attention once again. Despite recent dips in its value, XRP enthusiasts remain steadfast in their optimism, fueled by the unwavering confidence of cryptocurrency analyst Javon Marks. Analyst’s Bold Prediction Marks, known for his bullish outlook on XRP, has boldly predicted a jaw-dropping 400x surge in the price of XRP, envisioning the digital asset reaching the…
Bitcoin Wizards dominates crypto and NFT scenes with impressive gains
A new Bitcoin (BTC) ordinals project called Bitcoin Wizards, and its native token WZRD, are dominating both the crypto and non-fungible token (NFT) sectors after recording significant gains over the past day. WZRD is up by 88% in the past 24 hours and is trading at $9 at the time of writing — making it the top gainer among the leading 500 cryptocurrencies. The asset briefly touched an intraday high of $113.8 at around 09:30 UTC on April 16 after its trading activity skyrocketed. WZRD price – April 17 |…
ETH holders turn to Kelexo amid Bitcoin’s $71k rally
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin surpasses $71,000, Ethereum holders are increasingly drawn to Kelexo’s promising defi lending platform during its presale. With Bitcoin (BTC) dominating the market after surging past $71,000, some investors are looking to diversify their holdings and explore promising opportunities in defi lending. Kelexo’s (KLXO) presale results and its unique approach within the defi space make it an attractive option for Ethereum (ETH) and Bitcoin holders seeking high-growth potential.…
Bitcoin dips to $65k as Fezoo positions itself against Binance and OKX
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin dips to $65K ahead of its halving, investors are turning their attention to Fezoo, a new exchange poised to challenge industry leaders Binance and OKX. The dynamic crypto trading has continued and Bitcoin has fallen to $65,000. This is ahead of Bitcoin halving. Investors are expecting that the current decline doesn’t change the outlook on their return on investment much before halving. Meanwhile, Fezoo is set to…