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The options market for Ethereum (ETH) is experiencing an interesting trend, according to recent data from Deribit, a leading platform for crypto futures and options trading. The data reveals a significant concentration of call options centered around the $4,000 strike price for both the June and September expiries. This particular accumulation of ETH call options
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Bitcoin (BTC) has shown continued upward movement, gaining 4.04% in the last day to briefly surpass the $48,000 mark. However, there is growing speculation among investors and market experts regarding the token’s next move. Notably, analyst Ali Martinez has made a significant prediction that could result in substantial losses for many investors. The Impending Liquidation
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As the Cardano price continues its upward trajectory towards $0.55, investors are keeping a close eye on a green crypto project that has been gaining traction – eTukTuk. While Cardano has shown potential for gains, eTukTuk is attracting more and more investors with its innovative approach to sustainable transportation in developing nations. With its focus
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Since its successful airdrop, Dymension Network’s native token DYM has experienced a significant increase in price. However, amidst technical difficulties and a potential double-topped rejection pattern, the future of DYM remains uncertain. This article will analyze the current price trends of DYM and explore whether Meme Kombat, a newer meme coin, offers a more promising
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Cryptocurrency scams have become increasingly common, with scammers preying on unsuspecting victims’ desire to enter the lucrative world of digital assets. Hong Kong’s Securities and Futures Commission (SFC) and local law enforcement have issued a public warning about a fraudulent entity impostering the legitimate crypto exchange MEXC Global. This article will delve into the details
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During her recent testimony before the Senate Banking, Housing, and Urban Affairs Committee, Treasury Secretary Janet Yellen made a compelling case for stricter regulatory measures in the world of cryptocurrencies and emphasized the importance of vigilance when deploying artificial intelligence (AI) in financial services. With the growing complexity and potential risks within the digital asset
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Prometheum, an alternative trading platform for crypto securities assets, recently made waves with the announcement of its custodial services for Ethereum (ETH). The company’s strategy, according to Fortune Magazine, is to compel regulators, notably the Securities and Exchange Commission (SEC), to recognize Ethereum as a security. By positioning itself as a compliant player in the
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The gaming industry has witnessed a revolution with the advent of blockchain technology. One of the most popular play-to-earn NFT games, Axie Infinity, has been instrumental in showcasing the potential of this technology. Now, Sky Mavis, the creator of Axie Infinity, has announced a groundbreaking collaboration with GMonsters and MIXI, further expanding the reach and
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Ethereum staking has defied market expectations, experiencing significant growth despite the underwhelming performance of ETH price over the past year. Liquid staking protocols like Lido Finance have witnessed a steady increase in the amount of ETH being staked, resulting in a new all-time high for the total locked supply. An intriguing development reveals that the
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As the Ethereum price surpasses the $2,400 barrier, on-chain data reveals a bullish signal for the cryptocurrency. A recent analysis of the Ethereum price and exchange netflow indicator highlights an interesting relationship. The exchange netflow metric calculates the net amount of Ethereum entering or exiting centralized exchange wallets by subtracting outflows from inflows. A positive
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The Bank for International Settlements (BIS) has recently issued a warning about the potential risks of fragmentation and dominance by private firms within the nascent metaverse. The BIS emphasizes the crucial role of public policies in safeguarding the future of this digital ecosystem. In their comprehensive report published on February 7th, the watchdog highlights how
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Cardano’s price has been experiencing some intriguing developments recently. The fluctuations in price and market volume have caught the attention of investors and traders alike. In this article, we will delve into the technical signals, price patterns, and market predictions surrounding Cardano (ADA). Flashing Technical Signals One of the notable technical signals on Cardano’s chart
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Bitcoin (BTC) has defied recent bearish sentiment and has come back stronger than ever. On Wednesday, the leading cryptocurrency surged past $44,000 and reached a four-week high, inching closer to the prestigious $45K mark. This remarkable resurgence can be attributed to various factors, including increased accumulation by major investors, record-breaking levels in US equity markets,
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The joint application for a spot Ethereum exchange-traded fund (ETF) by Ark Invest and 21Shares has undergone significant amendments, as highlighted in a recent S-1 filing. The changes primarily focus on the creation and redemption process, limiting it to cash-based transactions rather than in-kind exchanges involving ETH. This article delves into the implications of this
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