Bitcoin is crashing, but options markets are calling for $111K BTC price by February

Bitget's new fund will receive $100 million as an initial investment to support the next generation of Web3 projects. Own this piece of history Collect this article as an NFTCrypto derivatives exchange Bitget launched a new fund focused on supporting the next generation of Web3 projects. According to a statement seen by Cointelegraph, $100 million…

After two days of silence, the Terra founder has issued a new governance proposal to keep the community alive and compensate token holders. 3671 Total views 34 Total shares Terraform Labs co-founder Do Kwon has tabled a proposal to preserve the Terra ecosystem following the historic depegging of its algorithmic stablecoin, UST, and the resulting…

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekNigeria’s central bank partners with fintech firm Bitt Inc. for CBDC rolloutCentral…

Catastrophe has been narrowly averted by YAM Finance after the DeFi community rallied in support of a campaign to recapture governance over the protocol. After a tense day, the most talked about new decentralized finance (DeFi) protocol YAM Finance has overcome a near-catastrophic code error. The future of Yam Finance was abruptly thrown into question earlier…

Stablecoin Tether (USDT) is gaining popularity as a payment method, with some analysts seeing it catching up with Bitcoin (BTC) and Ether (ETH).As Bloomberg reported on Oct. 25, cryptocurrency payments processor CoinPayments registered the rapid increasing of popularity of Tether — a stablecoin pegged 1:1 to a United States dollar — as a means of…

After marking a new $1,477 high on Jan. 24, Ether's (ETH) price was shaken down to $1,206 on Jan. 27 but according to derivatives markets, bulls remain confident that $2,000 is still within reach.The neutral-to-bearish put options open interest above $1,360 is irrelevant and only 2,540 ETH options, equivalent to a $3.4 million in open…

Bitcoin (BTC) is replacing gold even as United States’ regulators attempt to disrupt its advance, said Mike McGlone of Bloomberg Intelligence on Aug. 16.The senior commodity market strategist credited the "digitization of money and finance" behind the Bitcoin market's superior growth against gold, noting that the same factors helped the U.S. dollar gain dominance "rapidly…

The ten most valuable tech firms in the world are all involved in developing technology for the robotics industry.

Zhu, whose whereabouts had been unknown for weeks, delivered an affidavit that disputed Teneo claims and elucidated the internal structure of the failed hedge fund. 344 Total views 41 Total shares According to a document seen by Bloomberg, Zhu delivered the affidavit in person on Aug. 19. In it, Zhu states that Teneo “had not…