Metaplanet, a Japan-based Bitcoin investment firm, has announced the sale of 233 BTC put options with a strike price of $62,000 expiring on December 27, 2024. It resulted in earning a premium total income of 23.97 BTC. The firm’s strategic use of Bitcoin derivatives is to generate additional income from
October 3, 2024 2 mins read
The crypto market has been struggling to break the bearish pressure as Uptober began. The bearish sentiment drove the overall market cap to $2.14 trillion. The leading cryptocurrency, Bitcoin (BTC), dropped to $59.9K, and Ethereum (ETH) also faced a sharp downturn, falling to $2.3K. Amid this, the former BitMEX CEO
October 3, 2024 2 mins read
The retail investing platform Robinhood announced the launch of cryptocurrency transfers for its European users. This enables the Robinhood customers to deposit and withdraw more than 20 cryptocurrencies, including major assets like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and USD Coin (USDC). Moreover, for a limited time, the platform offers
October 1, 2024 2 mins read
The cryptocurrency exchange Gemini, run by the Winklevoss brothers, announced the closure of all customer accounts in Canada. The decision follows the recent Canadian Securities Administrators (CSA) tightened regulations for crypto exchanges and trading platforms operation in the country. The exchange informed the Canadian users through email notice on September
October 1, 2024 2 mins read
Ethereum staking yields to surpass the U.S. interest rates in 2025. As the Federal Reserve continues to cut interest rates, the gap between Ethereum staking returns and traditional risk-free rates is anticipated to minimize. ETH stake yields are currently positioned at 3.2%. With the U.S. rates expected to fall below
September 30, 2024 2 mins read
Bitcoin (BTC) has been through several hurdles over the past month. BTC recently surpassed the $65,000 resistance mark, drawing attention within the crypto market. However, the upward momentum was short-lived as the price dipped to previous lows. The asset opened September by trading at $59K; as days progressed, BTC has
September 30, 2024 2 mins read
The crypto market has witnessed brief bullish turns, with the market cap recording a 1.65% spike. After a 15.47% gain, PEPE chose a bullish rally for the day, breaking the previous resistance levels. The meme coin opened the trading day at $0.000009121 and eventually led to break the resistance and
September 27, 2024 2 mins read
The beginning of September was crucial for Bitcoin (BTC) which failed to flaunt notable price movements. BTC has faced difficulty maintaining a rally above the $58K mark. The recent price momentum suggests that the leading cryptocurrency might be on the verge of a brief bullish trend. The bears continue restraining
September 27, 2024 2 mins read
Hamster Kombat (HMSTR) token is set to debut on Binance today at 12 pm UTC and 5.30 pm IST. It is a Telegram-based crypto game that allows users to mine Hamster coins by staking Binance Coin (BNB) and FDUSD. The Hamster Kombat token will also be available for trading on
September 26, 2024 1 min read
Top meme coins in the market are recovering from their recent lows. Among them, the dog-themed meme coin, Dogecoin (DOGE), has been seemingly in bullish mode. In the last 24 hours, the meme token gained over 4.48% and trades within the $0.11 range. The DOGE price’s peak and low were
September 26, 2024 2 mins read