Tag: News

Ether Eyes Record High as Options Traders Bet Big on ETH’s $5K Breakout

Ethereum’s native token, ether (ETH), continues its powerful surge, sparking frenzied activity in the Deribit-listed options market, where traders are making bullish bets on further upside. Over the past 24 hours, traders have spent more than $5 million on the $5,000 strike call option expiring on Sept. 26, per...
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Do Kwon’s Guilty Plea In US Fraud Case Sets Stage For 25-Year Sentence

Do Kwon, co-founder of the defunct blockchain firm Terraform Labs, has pleaded guilty to US fraud charges after a tumultuous three years following the company’s collapse. Do Kwon, who took part in creating and developing the TerraUSD stablecoin and the Luna (now Luna Classic) token lost an estimated $40...
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Bitcoin Dominance Drops Below 60% as Altseason Signals Flash

Bitcoin dominance has fallen to its lowest level since January, dropping this week as Ethereum approaches its all-time high. The metric, which measures Bitcoin’s crypto market share, has been trending downward since late June when Ether started to wake up. Since then, it has declined by 10% sparking renewed...
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Ethereum Tops $4,600 as BitMine Eyes $20B ETH Treasury

Ether prices have surged to their highest levels for almost four years, tapping $4,625 during Asian trading early on Wednesday morning. The asset has continued to build momentum and is now up a whopping 54% over the past month and 27% over the past week. Meanwhile, the latest move...
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