Will Bitcoin fall below $70K after $2.2B options expiry?

XRP price spiked by 40% in the past 24 hours, recording a 52% gain at the day’s peak. Behind the surprising rally was a big short squeeze that caused massive volatility within hours.It is evident that the upsurge was driven by a short squeeze across futures exchanges because of the speed of the rally.XRP/USD hourly…

After dipping below $30,000 in June, Bitcoin (BTC) went on a nearly four-month rally, appreciating by more than 100%. On Friday, it was able to recapture the $60,000 level after closing the day with a 7.56% spike. The ensuing rally was attributed to the excitement around the SEC giving the green light on the ProShares…

Momentum for the top layer-one protocols has been on the rise throughout August as the highly anticipated rollout of the London hard fork on the Ethereum (ETH) network has done little to address the network's high transaction fees and delayed confirmations. One of the biggest beneficiaries of the quest to find a more welcoming smart contract…

The developers of a token with the slogan “No ICO - No Pre-mine - No Bullsh*t” say it allows users to mine the coin without any mining equipment required, simulating Bitcoin mining mechanism on the Ethereum blockchain.Bitcoinereum, a ERC-20 token created in 2017, is called by its developers the “first Bitcoin minable ERC-20 token on…

The policy framework showcases Pakistan’s willingness to integrate AI for public and national betterment. The country has set 15 targets with timelines ranging from 2023 to 2028. 330 Total views 13 Total shares Just days after announcing that cryptocurrencies will “never be legalized” in the country, Pakistan’s Ministry of IT & Telecom drafted a policy…

The company claimed that the bank's voluntary liquidation is its best path forward due to recent industry and regulatory developments. 1082 Total views 7 Total shares Own this piece of history Collect this article as an NFTThe parent company of Silvergate Bank, known to many in the space as one of the major crypto banks,…

The United States Securities and Exchange Commission (SEC) has once again begun accepting public comments regarding the updated Bitcoin (BTC) exchange-traded fund (ETF) proposal by Wilshire Phoenix Fund.According to the official document published on Oct. 15, investment management firm Wilshire Phoenix and exchange NYSE Arca have filed an amendment to their Bitcoin ETF application to…

Gansu province is now connected to the state-run Energy Zone Blockchain public service platform. 1249 Total views 19 Total shares An energy supplier in China has successfully deployed its first blockchain node. This node went live through the government-backed network, the State Grid Corporation of China.According to The Paper, Gansu province becomes the second provincial…

Crypto derivatives giant BitMEX announced it would be launching corporate services for customers at the exchange. 431 Total views 22 Total shares Hong Kong-based cryptocurrency derivatives exchange BitMEX is launching a new program with benefits for its corporate clients including enhanced security service, and accounting.According to a June 22 announcement on BitMEX’s support page, the…