Dennis 
Bitcoin and Ether Options Activity Hits $20B The notional open interest in bitcoin and ether options contracts on Deribit, a leading exchange, has reached $20.64 billion, a record high since November 2021. This surge in open interest indicates a growing interest in crypto options among investors. The number of outstanding contracts has doubled compared to … Read more
BNB price has been struggling to break above $240 against the US Dollar. It is now approaching a significant support zone at $220 and $215. The price is trading above $215 and the 100 simple moving average, but there is a key bullish flag pattern forming with resistance near $225. If there is a clear … Read more
Prosecutors rest their case as Sam Bankman-Fried prepares to testify The United States Justice Department has rested its case against Sam “SBF” Bankman-Fried after more than three weeks of testimonies from expert witnesses. The last witness before the prosecution rested was FBI agent Mark Troiano, who testified on SBF’s involvement in over 300 groups on … Read more
Bitcoin Break Above $35,000 Sends 95,000 Crypto Traders To The Slaughter The listing of BlackRock’s Spot Bitcoin ETF on the DTCC caused the BTC price to surge above $35,000, leading to over $400 million in liquidations in one day. Almost 95,000 traders were liquidated, with short traders being the most affected. The largest liquidation order … Read more
Solana Price Breakout: SOL Rally To $55 Already Programmed? Solana (SOL) has seen a significant increase in value, prompting expectations of a potential downside. However, one crypto analyst believes that a breakout for the altcoin is imminent. Babenski predicts that SOL will reach $55, while another analyst, Alan Santana, predicts a price as high as … Read more
The U.S. Risks Its Position as a Stablecoin Leader This content highlights the need for regulators and policymakers to approach stablecoin regulation differently than traditional payment systems. While stablecoins may not present more or less risk, they do present different risks due to their underlying technology and use in new forms of payment activity. On … Read more
Pro-XRP lawyer Jeremy Hogan has given the United States Securities and Exchange Commission (SEC) a slim 2.3% chance of winning its case against Ripple after it announced it will dismiss a lawsuit against two Ripple executives. Hogan believes that “for all intents and purposes”, the Ripple v. SEC case is over, as the SEC has … Read more
Lightning Network faces criticism from pro-XRP lawyer John Deaton Lawyer and cryptocurrency supporter John Deaton criticized the Lightning Network, stating that the “Spend The Bits” protocol on the XRP Ledger is a more effective alternative. Deaton, who is an angel investor and legal officer for Spend the Bits, believes that the protocol is a more … Read more
XRP Rockets Up 8% As Shark & Whale Bags Hit 3-Month High XRP has witnessed an 8% surge in the past day, outperforming Bitcoin. This rally is attributed to increased accumulation by sharks and whales, the larger holders of XRP. On-chain analytics firm Santiment reveals that these large holders have amassed their highest levels of … Read more
When Will The Bitcoin Bear Market End? US Mega Bank Has The Answer Investment bank Morgan Stanley predicts that the Bitcoin bear market could end with the upcoming Bitcoin Halving event in April 2024. This event, which occurs every four years, halves the rewards for miners and creates scarcity, potentially triggering a bull run. Morgan … Read more
