The options sector appears to be the “pharmaceutical sector” of the crypto market, demonstrating robust activity in both up and down market trends. Take, for example, bitcoin listed on Deribit. BTC$109,511.00 options market, which continues to grow despite, or perhaps because of, the recent downward price trend. On Thursday, the number of active BTC contracts […]
Options Open Interest Climbs to $50 Billion on Deribit Read More »
FalconX powers MoreMarkets with institutional infrastructure
FalconX powers MoreMarkets with institutional infrastructure Read More »
CoinDesk Indices presents its daily market update, highlighting the performance of the leaders and laggards of the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3576.17, up 1.3% (+44.29) since 4 p.m. ET on Wednesday. Fifteen out of twenty assets are trading upwards. Leaders: SOL (+4.5%) and BCH (+2.0%). Lagging behind: APT (-1.3%)
Solana (SOL) gains 4.5% as index trades higher Read More »
Crypto mining rig maker Canaan (CAN) is entering a stronger growth phase, according to Wall Street broker Benchmark, which raised its price target on the company’s American depositary receipts (ADRs) from $2 to $4 and reiterated its rating on the stock. Shares were up 5% in early trading Thursday, around $1.79. Benchmark analyst Mark Palmer
Canaan’s rally gains momentum as benchmark doubles price target to $4 Read More »
The crypto market began establishing a support level on Thursday after a turbulent few weeks. Bitcoin BTC$109,201.96 and ether ETH$3,857.83 posted slight gains; up 1.6% and 1.1% respectively, and tokens including BNB and SOL showed even larger upward movements. The star of the show was THRESHING$39.76which soared 12% after HyperLiquid Strategies announced plans to raise
BTC, ETH Edge Higher; HYPE Prices Rise on $1 Billion Buyback Plan Read More »
Prediction Market Polymarket is in preliminary talks with investors for a new investment with a valuation of between $12 billion and $15 billion, Bloomberg reported Thursday, citing people familiar with the matter. That level would represent a more than 10-fold increase from its $1 billion valuation in June, when it raised $200 million in a
Polymarket seeks investment valued at between $12 billion and $15 billion: Bloomberg Read More »
By Omkar Godbole (All times ET unless otherwise noted) Crypto market seeks to regain bullish momentum, with bitcoin BTC$109,596.99 trying to exceed $110,000. The CoinDesk 20 Index is up more than 1% in the past 24 hours, alongside double-digit gains for a few select tokens such as HYPE, KHYPE, and XMR. Sentiment on social media
Risk Proxies Dispute Bitcoin’s Rebound; HYPE, XMR Shine: Crypto Daybook Americas Read More »
Fintech major Revolut has received a Markets in Crypto Assets (MiCA) license from the Cyprus Securities and Exchange Commission (CySEC), allowing it to provide regulated crypto services across all 30 European Economic Area (EEA) countries. Revolut, which serves more than 65 million customers worldwide, said the authorization solidifies its crypto compliance approach in an emailed
Quantum Solutions (2338), an AI-focused company building an ether ETH$3,896.12 treasury, said its Hong Kong subsidiary, GPT Pals Studio, bought 2,000.13 ether ETH$3,896.12 for $7.85 million on October 21. The Tokyo-based company said it now holds 3,865.8 ETH worth approximately $15.1 million, with an average cost of $4,101 per ETH. The purchase makes it the
The Meme coin consolidates quasi-psychological support while institutional flows and high trading activity suggest position building ahead of a potential breakout. News context Dogecoin fell 0.61% to $0.192 during Tuesday’s session, moving away from intraday highs of $0.195 as sellers capped their gains at resistance. The move follows Monday’s brief push toward $0.20, with traders
Tests $0.19 Support as Narrow-Range Breakout Potential Read More »
