Wintermute moves over $4M in Optimism to Binance ahead of token unlock

Over the past three weeks, $150,000 worth of Bitcoin (BTC) $50K call options for June and December 2021 strikes have been traded. LedgerX derivatives exchange has been intermediating these ultra bullish trades, but what could be the rationale behind them?There are some good reasons for buying options with such small odds, but paying $1,000 for…

According to the investigation, the world's largest crypto exchange pursued growth while dodging regulatory scrutiny. In a report published on Friday, Reuters laid out the findings of its investigation into the regulatory compliance practices of Binance, the world’s largest cryptocurrency exchange by trading volume.The authors suggest the existence of a recurring pattern whereby the company’s…

Capital Markets Board of Turkey has plans to regulate crypto transactions, according to local sources.Capital Markets Board of Turkey (CMB), the regulatory body overseeing securities markets in the country, is developing a guideline to observe, audit, and regulate the crypto markets in the country, major Turkish media outlet Hurriyet reported on Jan. 4.Public authorities in…

Cardano (ADA) becomes the third-largest component of the GDLC basket after Bitcoin and Ethereum 645 Total views 16 Total shares In a recent development, Grayscale Investments announced an adjustment to its Grayscale Digital Large Cap Fund (OTCQX: GDLC) to include Cardano (ADA) as the third-largest holding.Reflecting the growing demand for crypto investments, the fund’s portfolio…

Surprise Binance listings have led to a sudden 25% spike in the price of Compound’s Governance Token. 2066 Total views 22 Total shares The price of the Compound Governance Token (COMP) has jumped by one-quarter on news of a surprise listing on leading cryptocurrency exchange Binance.COMP tokens began trading approximately one week ago, quickly making…

The price of Bitcoin (BTC) dropped to as low as $9,100 on May 15 following a strong rejection at $9,900. In the short-term, traders still anticipate another upsurge to the $10,000 area, or at least to the $9,800 resistance level.Crypto market daily price chart. Source: Coin360Bitcoin at a critical point that may decide its trend…

Top Stories This WeekPayPal Invests in Digital Identity-Focused Blockchain Startup in Apparent FirstGlobal online payments firm PayPal has invested in startup Cambridge Blockchain, a firm that focuses on leveraging the tech in order to give users more control over their digital identities. The investment, whose amount is undisclosed, is part of an extension to a…

According to Nayib Bukele, should the power consumption of the country’s planned Bitcoin City exceed the volcano’s capacity, geothermal energy can be sourced from other sites. 346 Total views 19 Total shares El Salvador President Nayib Bukele has claimed officials will be able to use geothermal energy from one of the country’s inactive volcanoes to…

Political-themed memecoins completely outpaced all other memecoin categories this year and Donald Trump has just dropped another NFT collection.