Cryptocurrency

Futuristic cityscape with interconnected digital nodes, representing a blockchain network

Cryptocurrency

Sony to launch Ethereum layer-2 with Startale Labs

Tech behemoth Sony Group's blockchain collaboration with Startale Labs unveiled its Soneium Ethereum (ETH) layer-2...

Radek Zielinski 2 years

A cinematic medium shot of a judge in a court case with the Australian flag behind them. The judge is wearing a black robe and a white shirt. The background contains a court room with wooden benches and a large window with the Australian flag. The lighting is soft.

Australian regulator wins case against Kraken exchange operator

Sophie Atkinson 2 years

Former President of the United States Donald Trump speaking with attendees at the 2023 Turning Point Action Conference at the Palm Beach County Convention Center in West Palm Beach, Florida.

Former President Donald Trump and sons announce crypto platform

Sophie Atkinson 2 years

Crypto industry election spend reaches record high

Watchdog says crypto industry political donations have hit record high

Graeme Hanna 2 years

Binance plans to hire 1,000 new staff in bid to boost compliance

Sam Shedden 2 years

U.S. Senator Kamala Harris speaking with attendees at the 2019 National Forum on Wages and Working People hosted by the Center for the American Progress Action Fund and the SEIU at the Enclave in Las Vegas, Nevada.

VP Kamala Harris supports policies to expand crypto industry, claims aide

Sophie Atkinson 2 years

McDonald’s Instagram hacked by crypto scammers

Sam Shedden 2 years

Futuristic Dubai skyline with a large digital dirham symbol floating above the city

USDT’s Tether to launch UAE’s dirham-pegged stablecoin

Radek Zielinski 2 years

A stylized ballot box with a cryptocurrency symbol emerging from the slot, set against an Arizona desert backdrop

Pro-crypto candidate Yassamin Ansari wins Arizona primary

Radek Zielinski 2 years

A sleek and modern representation of a cryptocurrency ATM, which stands tall in a futuristic cityscape. The ATM has a touch screen interface and is surrounded by a variety of digital currencies, including Bitcoin, Ethereum, and Litecoin, displayed on the background. The machine itself glows with a cool blue light, suggesting it's in use or connected to the blockchain network. The overall ambiance of the image is sleek, modern, and forward-thinking, showing how technology is shaping the future of finance.

German regulators seize $28 million from crypto ATM operation

Sophie Atkinson 2 years

Flag of Montenegro over Kotor Bay

Co-founder of crypto fraud scheme FutureNet arrested in Montenegro

Sam Shedden 2 years

Bitcoin (BTC) options set to expire on Nov. 8, 2024 — the United States election results date — attracted significant investor attention. According to Deribit market data, the cryptocurrency exchange's Bitcoin options are currently betting on an average price of over $60,800 on election day. The open interest for Nov. 8, 2024 is also considerably high — at nearly $374.4 million as of writing. Deribit announced this peculiar kind of options contract back on July 16, 2024, citing client demand as the reason. The company wrote at the time: "The early introduction is aimed at enabling our clients to position themselves effectively for the upcoming 5 November US elections, speculate, hedge, and more." A look into the market According to an Aug. 20 Coindesk report, Call options, which do not limit upside payoff potential but also allow for unlimited loss account for 67% of the open interest. The rest of the volume is constituted by put options — those offer some protection against price drops. Algorithmic trading firm Wintermute said in a note shared with CoinDesk: "These election-dedicated contracts allow investors to capitalize on the increased interest by speculating on how the election might affect the crypto markets in a targeted way. The current put-call ratio of 0.50 indicates a bullish sentiment, with twice as many calls traded as puts." The call option at a strike price of $80,000 is the most popular with over $39 million of open interest. Most of the open interest is concentrated in higher strike call options, from $70,000 to $140,000. Traders are seemingly anticipating new record prices around election time. Wintermute wrote: "The concentration of call options' open interest at strikes around $80K and $100K suggests that market participants are positioning for potential upside in bitcoin, while the presence of puts at lower strike price of $45,000 indicates some level of hedging or downside protection." The report follows the United States Securities and Exchange Commission delaying its decision on whether to approve the trading of options on exchange-traded funds (ETFs) that invest directly in Bitcoin back in March. More recently, the New York Stock Exchange and Nasdaq both withdrew their three requests for permission to list Bitcoin spot ETF-based options. On Aug. 13, NYSE Arca withdrew another requested rule change intended to chart a path toward listing crypto ETF options.

Bitcoin options expiring on Election Day draw $375M from investors

Radek Zielinski 2 years

Analysts say Bitcoin will see upside if Trump wins presidency

Radek Zielinski 2 years

A statistical breakdown of the 2024 election predictions by Polymarket

Polymarket betting markets show Trump closing the gap

Brian-Damien Morgan 2 years

A vibrant 3D render featuring the Russian and Belarusian flags prominently displayed, intertwined and glowing with energy.Surrounding the flags are various crypto-related symbols such as Bitcoin, Ethereum, and other digital coins. The overall design has a futuristic, sleek appearance with a touch of Russian and Belarusian cultural influence. The image has a vivid color palette and a sense of technological progress, symbolizing the convergence of tradition and innovation in the world of cryptocurrency

Crypto exchange raided under suspicion of fronting as a money-laundering gang

Rachael Davies 2 years

An NFT image of Shaq

Shaquille O’Neal gets split court verdict in NFT case

Brian-Damien Morgan 2 years

A stack of dollar bills being sucked into a vortex shaped like a smartphone, symbolizing money disappearing into a scam app

Crypto scam app steals $5M before Google removes it

Radek Zielinski 2 years

A treasure chest filled with Bitcoin coins, with a large padlock securing it, symbolizing long-term holding

Three quarters of all Bitcoin have been dormant for 6 months or more

Radek Zielinski 2 years

a computer screen with a picture of a web browser with a red X through it

Australian regulator removing around 20 scam sites per day

Ali Rees 2 years

South Korea’s public pension acquires $34M MicroStrategy stake

Radek Zielinski 2 years

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