Bookmarking Crypto Insights
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Last week, ethereum options volume surpassed bitcoin’s for the first time on the digital currency derivatives exchange Deribit. Further, the trading platform recently introduced a $50k ETH strike for March 2022 and explained the $50k call is “gaining immediate buy traction.” Ethereum Options Volume Grows Exponentially, $50K Strike Flexes Muscle When it comes to bitcoin … Read more
New all-time highs for the largest altcoin combine with fresh bullishness across crypto after this week’s sell-off. Go to Source Powered by WPeMatico
A specialty tea products retailer based in China’s Hunan province, Urban Tea, has introduced crypto payments in its stores and restaurants on two continents. Starting from this week, customers will be able to buy its beverages and meals using various cryptocurrencies. Chinese Tea Stores and Restaurants to Accept Crypto The publicly traded tea company runs … Read more
Liquidity provider fees for Uniswap have surpassed BTC network revenue on a seven-day average. Go to Source Powered by WPeMatico
Billionaire Stanley Druckenmiller thinks some kind of crypto-derived ledger system may replace the U.S. dollar as the world’s reserve currency in the future. Go to Source Powered by WPeMatico
Ethereum price soared to $4,200 but derivatives data reflects a decline in the bullish sentiment of Ether futures and options traders. Go to Source Powered by WPeMatico
Glassnode asserts that Bitcoin investors have been converting BTC into Ether during May. Go to Source Powered by WPeMatico
Mark Yusko, Morgan Creek Capital Management’s CEO and cofounder, is extremely bullish on bitcoin. Despite a period of consolidation, Yusko expects the leading crypto asset to tap $250,000 in five years. In a recent interview, he said that the network continues to swell in an “exponential way.” Morgan Creek’s CEO Sticks to His Six-Digit Bitcoin … Read more
Ethereum’s increasing dominance has kept traders focused on altcoins but Bitcoin’s struggle to hold above $59,000 could send the entire market tumbling. Go to Source Powered by WPeMatico
The price of ethereum, the second-largest crypto asset in terms of market valuation, touched an all-time high (ATH) on Monday, capturing $4,246 per unit. Ethereum has been on a tear during the last year against the U.S. dollar, gaining a whopping 2,129% in 12 months. Ethereum Captures Fresh Price Highs, ‘Flippening’ Begins to Trend Ethereum … Read more