Cryptocurrency

Donald Trump’s crypto project faces issues during token sale launch. Donald Trump sells his own cryptocurrency

Cryptocurrency

Trump should reform crypto, says Blockchain Association

The Blockchain Association is calling on US president-elect Donald Trump to prioritize crypto in his...

Freya Deyell 3 months

Bitcoin price falls as ETFs see record outflows for the week

Radek Zielinski 5 months

Futuristic digital Brazilian real coins floating over a cityscape of São Paulo, with holographic financial data projections in the background

Brazil to test digital Real currency with VISA, Santander and others

Radek Zielinski 5 months

A dark, ominous cloud shaped like an angel hovering over a cityscape, with digital currency symbols raining down.

AngelX drainer takes aim at TON and Tron with 300 deployments

Radek Zielinski 5 months

A subway station with a turnstile. Anthropomorphized coins with human faces are passing through the turnstile. The coinshave their hands raised in the air. There are coins on the ground near the turnstile. The background reveals a subway platform.

Polygon’s MATIC transitions to POL: What does it mean?

Radek Zielinski 5 months

Bitcoin ATMs set for another record year of scam activity, FTC warns

Owen Good 5 months

A symbolic representation of the Nigerian naira falling against a backdrop of cryptocurrency symbols, with handcuffs in the foreground.

Binance executive held in Nigeria since March requests health bail

Radek Zielinski 5 months

Bitcoins in blue and yellow

El Salvador president still positive on Bitcoin while admitting its slow adoption

Brian-Damien Morgan 5 months

A stylized network of interconnected blocks with a glowing red "pause" symbol overlaid, representing the halted block production on the TON blockchain

Toncoin blockchain rolling again after six-hour halt

Radek Zielinski 5 months

AI representation of SEC team securing assets worth $60m / SEC files charges against the Adam brothers for a crypto markets Ponzi scheme.

SEC charges brothers in alleged $60m crypto Ponzi scheme

Graeme Hanna 5 months

Crypto industry election spend reaches record high

Watchdog says crypto industry political donations have hit record high

Graeme Hanna 6 months

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 6 months

Analysts say Bitcoin will see upside if Trump wins presidency

Radek Zielinski 6 months

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

Radek Zielinski 6 months

A digital graph showing Bitcoin's price plummeting against a dark, stormy background

Bitcoin falls under $58,000, but recovers, as worldwide stocks mostly see gains

Radek Zielinski 6 months

A shadowy figure in a hoodie typing on a laptop, surrounded by binary code and Bitcoin symbols

FBI will ‘neither confirm nor deny’ any file on BTC’s Satoshi Nakamoto

Radek Zielinski 6 months

Ethereum spot ETFs see $24M inflows, Grayscale Keeps Losing

Radek Zielinski 6 months

Goldman Sachs filing shows it holds more than $400M in Bitcoin ETFs

Radek Zielinski 6 months

Pixabay Bitcoin image

Bankrupted crypto lender Celsius sues Tether and Netanyahu’s niece

Radek Zielinski 6 months

Abstract network of glowing nodes and connections representing AI and blockchain, with floating cryptocurrency symbols in the background

Blockchain

Grayscale unveils new fund focused on AI cryptos

Radek Zielinski 7 months

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