Open interest, or the number of active APE options contracts, surged by over 800% to 263,000 ($394.5K) in one day, PowerTrade told CoinDesk Monday, adding that call options or derivatives, offering an asymmetric upside potential, account for over 80% of the tally. Call buyers are implicitly bullish on the underlying asset. Source
Este artículo también está disponible en español. Since July 29, the Bitcoin price has been struggling to regain the $70,000 mark, which has proven to be a formidable resistance barrier for the leading cryptocurrency. This resistance has been in place for the last two quarters of the year, after BTC hit an all-time high of $73,700 back in March this year. Since then, the market has experienced price corrections and periods of consolidation, but recent bullish sentiment has sparked hope for a price resurgence as the year progresses. Could $70,000…
This is a long-winded way of saying the market is never “wrong.” It simply reflects all available information. If you correctly disagree with the market, you can be rewarded for that belief, by betting yourself. U.S. users have alternatives to Polymarket, which is barred from serving them under a regulatory settlement. If you believe the Polymarket whale a) has meaningfully pushed up the price of the Trump contract, and b) is wrong, you can simply bet against him or her or them by going long on Harris. Even though it’s…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Cardano and Binance thrive amid market fluctuations, a new contender, Lunex Network, is capturing investor attention with its DeFi features and potential for growth. Cardano (ADA) holders have been glad to see increased market activity for the protocol of late, while Binance has held its own against market volatility. But despite the relative success of these two protocols, many investors are now eyeing the fast-emerging Lunex Network (LNEX). …
On Sunday, bitcoin (BTC) climbed past $69,000, hitting an intraday peak of $69,363 per coin. Over the past week, BTC gained 9.3%, expanded 63% since the start of the year, and increased by 132% over the last 12 months. The global trading volume across the crypto economy sits at $71.30 billion, with BTC contributing $15.25 […] Source CryptoX Portal
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
Tapioca DAO, has been the victim of a social engineering attack in which criminals exploited a vulnerability to compromise the ownership of the TAP token vesting contract. The breach led to the sale of 30 million vested tokens. A blockchain security firm detected suspicious activity involving Tapioca DAO. The attacker withdrew millions of TAP tokens, […] Source CryptoX Portal
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The cryptocurrency market has plunged, losing $287 million in liquidations, yet some digital assets remain steadfast amid the chaos. The cryptocurrency market has plunged, with a staggering $287 million lost in recent liquidations. Amid this chaos, certain digital assets remain steadfast. Which cryptocurrencies are holding their ground against the downward spiral? Discover the tokens that are defying the trend and learn what sets them apart in this volatile landscape.…
The artificial intelligence (AI)-driven meme coin goatseus maximus (GOAT), launched on pump.fun, has reached a market valuation of $418 million after gaining more than 36% against the U.S. dollar by 7 p.m. Eastern Time on Friday. Earlier in the day, the meme coin hit an all-time high (ATH) of $0.461 per coin, although it has […] Source CryptoX Portal