Bitcoin miners have been running down inventory in a rising market, moving away from the accumulation strategy seen ahead of prior halving in May 2020.
Solana-Based Zeta Markets Debuts Governance Token Z
The launch of governance token is part of a broader strategy that involves plans to release Solana’s first layer 2 scaling solution, Zeta Markets said in the press release.
Bitcoin Supply Inactive for a Year Slides to 18-Month Low of 65.8%
The decline likely represents profit-taking by investors who held coins for one year and over and marks a shift from the holding strategy seen through 2023.
Bitcoin Could Slump Around Reward Halving Time, Arthur Hayes Says
The crypto market faces the U.S. tax season liquidity test around the time Bitcoin’s blockchain implements the fourth mining-reward halving on April 20.
Bitcoin May Rally to $80K on Triangle Break: Technical Analysis
Bitcoin’s recent triangular consolidation has ended with a bullish breakout, price chart shows.
Bitcoin Halving Is Not a Volatility Event, Analyst Says as Implied Volatility Rises
Options implied volatility is overpricing the event, Amberdata’s Greg Magadini said.
Warning for Altcoin Bulls: The Ether-Bitcoin Ratio Is About to Flash Death Cross
A death cross occurs when a short-term moving average drops below a long-term moving average, signaling a potential long-term bearish shift in momentum.
Crypto Derivatives Lost Overall Market Share in March Despite Hitting Record High Trading Volume of $6.18T
The share of crypto derivatives in total market activity slipped to 67.8% in March, according to CCData.
Frax Finance Expands to Cosmos Ecosystem Via Asset Issuance Chain Noble
The Frax token (FRAX), a crypto-collateralized stablecoin pegged to the U.S. dollar, and its staked version, sFRAX, will become native to the Cosmos ecosystem via Noble.
Bitfinex Derivatives Users Can Now Place Bets on Bitcoin and Ether Implied Volatility
Bitfinex Derivatives announced the launch of perpetual futures tied to Volmex’s proprietary bitcoin and ether implied volatility indices.
Stablecoin Expansion Continues as Bitcoin Rally Appears to Stall
The unabated expansion of stablecoin supply shows capital continues to flow into the crypto market, one observer noted.
DeFi Protocol Cega’s New Options Product Marries Gold, Ether to Offer Up to 83% Yield
The new offering called “Gold Rush” offers a trifecta of decent return, market exposure and protection from losses.
Crypto Exchange Deribit’s Dubai-Based Unit Wins Conditional VASP License
Obtaining the full VARA spot and derivatives license is an important next step in our efforts to raise the overall quality & governance standards of our platform, exchange’s new CEO Luuk Strikers told CoinDesk.
Bitcoin Drops Over 5% as Upbeat U.S. Factory Data Powers Dollar Index to Nearly 5-Month High
The U.S. factory activity unexpectedly expanded in March, data released Monday showed, sending the dollar index higher.
Trading Volume on South Korean Crypto Exchange Upbit Crashes 75%
Upbit’s 24-hour crypto trading volume stood at $3.79 billion at press time, down 75% from the high of $15 billion on March 5, CoinGecko data show.
Bitcoin Becomes More Volatile Than Ether as Halving Approaches
Bitcoin’s annualized 30-day historical or realized volatility rose to nearly 60% late last week, surpassing ether’s 30-day realized volatility by nearly 10 percentage points.
Ethena’s Prelaunch Futures Surge 22% as ENA Token Is Set To Go Live Next Week
The price surge implied that the token could debut with a market cap of over $500 million.
Over $1B in U.S. Treasury Notes Has Been Tokenized on Public Blockchains
Tokenized Treasuries are digital representations of U.S. government bonds that can be traded as digital tokens on the blockchain.
Bitcoin, Ether Could Witness Upside Volatility as $15B Options Expiry Looms
Dealer hedging could breed volatility at around $70,000, one observer said.
Soaring U.S. Debt Means Potential for Liz-Truss-Style Market Shock, CBO Warns
Bitcoin and gold may already be pricing in a crisis scenario. Both recently set new record highs amid an elevated interest-rates environment worldwide.