Ether price eyes $3.7K despite $1.3B whale sell-off

Bitcoin (BTC) is fast approaching its worst monthly performance in a decade, but some investors are using this as an opportunity to buy ultra-bullish long-term derivatives. There are currently over $900 million in call (buy) options aiming at $100,000 and higher, but what exactly are those investors seeking?Options instruments can be used for multiple strategies,…

Global revenues for blockchain technology are expected to hit $10 billion by 2023.Tech market advisory firm ABI Research published its findings regarding global revenues from blockchain technology on Aug. 28. Per ABI, investments in the space continue to swell despite the decrease in initial coin offering (ICO) activity, due in large part to venture capital…

This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn.

Terra (LUNA), the in-house token of Blockchain protocol Terra, is undergoing major changes which are causing intrigue and despair in equal measure.Data released on May 13 confirms that overnight, the embattled cryptocurrency’s supply expanded to an eye-watering 6.9 trillion LUNA.6,900,000,000,000 LUNA, almost zero valueAfter a tumultuous week in which Terra attempted to rescue LUNA along…

Some Ether (ETH) miners appear to be re-engineering blocks to take advantage of DeFi opportunities in an instance of what is termed “miner extractable value,” or MEV.Miner extractable value was long anticipated by researchers as a potential exploit pattern for DeFi that leverages the miners’ unique protocol influence. Since miners have free reign over what…

The United States crypto exchange has increased its offer for discounted debt by 3%. 196 Total views 2 Total shares Crypto exchange Coinbase has raised the offer on its $150 million debt buyback program after lukewarm demand.In an Aug. 21 announcement, Coinbase revealed that since the buyback program went into effect earlier this month, investors…