How Will Markets React Today to Massive $13B Bitcoin Options Expiry Event?
Around 147,000 Bitcoin options contracts will expire on Friday, Nov. 28, and they have a notional value of roughly $13.4 billion. This expiry event is larger than usual because it is the end of the month, so there may be some impact on spot markets, which have been mostly...
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Crypto Regulation Heats Up: Senate Sets December Vote On Market Structure Bill
The US Senate is preparing for a possible vote on the crypto market structure bill, which would outline clear rules for how the country should deal with digital assets. Lawmakers say the measure could finally settle the long-running dispute over whether tokens should be treated as commodities or securities,...
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Ethereum price confirms bullish reversal pattern as exchange supply drops rapidly
Ethereum price has broken out of a bullish reversal pattern as the supply of tokens held in exchanges continued to decline to a record low. According to data from crypto.news, Ethereum (ETH) price dropped for nearly two weeks from $3,633…...
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Bitcoin eyes next upside target as analysts track key fair value gap
Bitcoin is rebounding after a sharp sell-off, with analysts highlighting reclaimed support, a filled fair value gap, and a looming imbalance zone that could define the next major move. Bitcoin has demonstrated signs of strength following a sharp decline, with…...
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BitMine expands Ethereum treasury holdings with latest $44M ETH purchase
BitMine Immersion Technologies, the Nasdaq-listed crypto treasury firm led by Tom Lee, bought 14,618 ETH worth about $44.34 million. The latest purchase went through institutional custodian BitGo at an average price of roughly $3,033 per ETH, according to blockchain analytics…...
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Everdawn labs’ Omnichain stablecoin USDT0 tops $50b in transfers
Everdawn labs’ tether-pegged omnichain stablecoin usdt0 has surpassed $50b in transfers across 15 networks, with over one-fifth of volume occurring in the last month. Everdawn Labs’ omnichain stablecoin USDT0 has surpassed $50 billion in cumulative transfers since its launch, the…...
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Ethereum layer-2 project MegaETH to refund $400m after USDM launch failure
Ethereum layer-2 megaeth will refund over $400m after a misconfigured multisig and third-party bridge issues derailed its usdm pre-deposit launch. Ethereum Layer-2 project MegaETH announced it will refund all funds raised through its Pre-Deposit Bridge following operational failures that disrupted…...
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South Korea links $30M Upbit hack to North Korea’s Lazarus Group
South Korean authorities suspect that the November Upbit hack may have been masterminded by the notorious Lazarus Group. Unnamed industry sources told local media that the North Korean state-backed hackers may have been behind the breach, as the recent attack…...
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Europe’s Largest Asset Manager Launches Tokenized Fund on Ethereum
Amundi has launched Europe’s first tokenized share of a money market fund (AMUNDI FUNDS CASH EUR), making it available through both traditional and blockchain-based distribution, according to an announcement on Thursday. The fund uses distributed ledger technology and the public Ethereum blockchain “to ensure transparent record-keeping of fund units...
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Bitcoin and S&P 500 Year-End Bull Run Loading? Vol Metrics Say Yes
Implied volatility indices tied to bitcoin and the S&P 500 have erased the recent spike, offering bullish price signals....
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