Bitcoin Price Volatility Inching Toward Pre-ETF Era: Analyst
Bitcoin (Bitcoin) Price volatility has risen over the past two months, indicating a potential return to options-driven price action that sparks significant market moves in both directions. Bitcoin’s implied volatility never exceeded 80% after Bitcoin ETFs were approved in the US, According to By Jeff Park, market analyst and advisor at investment firm Bitwise. However, the chart shared by Park shows that Bitcoin’s volatility is back at around 60 at the time of this writing. Historical Bitcoin volatility levels show significant spikes ahead of Bitcoin ETFs being approved for US markets in 2024. Source: Jeff Park Park cited Bitcoin’s explosive…
Solana’s $219mln institutional loss sparks fear – Move to $170 depends on THIS
Key takeaways Why did Solana fall after Forward’s move? Move forward by 1.727 million soles while holding losses on a position of 6.83 million soles. What’s Supporting SOL’s Recovery Now? Whale buying, rising active addresses and demand near $130 boost the prospects for a near-term recovery. Forward Industries transferred 1.727 million SOL worth $219.32 million to wallet 552ptg, According to To Leconchine. The move ranks among Solana’s biggest moves of the quarter. Arkham data showed that the company raised $6.834 million Solana [SOL] For $868 million, with an average income of $232.08. The position had an unrealized loss of 45%,…
Top Crypto News Flash: 6 Coins Set to Soar, Apeing’s Whitelist Opens Limited Slots for Huge 10,000% ROI
Cryptocurrency lovers, get ready for amazing excitement. The market is heating up faster than ever. Monkey ($APEING) is getting a lot of attention, and top cryptocurrency news reveals that early access to a whitelist could be the golden ticket to incredible gains. Debt traders are already eyeing the opportunity, knowing that timing is everything. This code isn’t just hype; It’s designed specifically for those who move fast, act decisively, and aim to ride the next cryptocurrency wave straight to the moon. Besides $APEING, the world of cryptocurrencies is illuminated by six coins that require close attention. XRP continues to impress…
Cardano Network Hit With a Temporary Chain Split, but ADA Barely Moves
The Cardano network suffered a temporary chain fork on Friday, due to a “malformed” delegation transaction, ADA Delegation Transactions (Ada) to the staking pool, which is valid at the protocol level but can cause code crashes affecting network functionality. This “corrupt” transaction exploited an old bug in the underlying software library used by the Cardano blockchain, causing Network section Due to a disagreement in how the contract handles the transaction, depending on an incident a report From the Cardano ecosystem organization Intersect. Storage cluster operators have been instructed to download the latest version of the node software to fix the…
Robert Kiyosaki Discloses $2.25M Bitcoin Sale, Says He’s Bullish
join us cable A channel to stay up to date with the latest breaking news “Rich Dad Poor Dad” author Robert Kiyosaki sold $2.25 million worth of Bitcoin, But he said he remains confident about cryptocurrencies’ long-term prospects. The author said on November 21 mail On He said he will use the $2.25 million proceeds to buy two surgery centers and will also invest in a billboard business. “I estimate that my $2.25 million Bitcoin investment in Surgery Centers and the Billboard business will be positive cash income flowing in at about $27,500 per month by next February… tax-free,” he…
Cardano Network Hit With a Temporary Chain Split, but ADA Barely Moves
The Cardano network suffered a temporary chain fork on Friday, due to a “malformed” delegation transaction, ADA Delegation Transactions (Ada) to the staking pool, which is valid at the protocol level but can cause code crashes affecting network functionality. This “corrupt” transaction exploited an old bug in the underlying software library used by the Cardano blockchain, causing Network section Due to a disagreement in how the contract handles the transaction, depending on an incident a report From the Cardano ecosystem organization Intersect. Storage cluster operators have been instructed to download the latest version of the node software to fix the…
Is AI eating crypto’s liquidity? Inside the $300B Oracle hit and Bitcoin miner pivots
Oracle has done what every old tech giant dreams of doing. In September, it announced a $300 billion cloud deal around OpenAI, the most recognizable name in software, and watched its stock soar. Two months later, the market issued its verdict. Oracle has lost more than $300 billion in market capitalization, trading below pre-AI announcement levels, while reports have begun calling it the “ChatGPT curse.” Analysts are now treating the massive deal as a case study of what happens when the promises of artificial intelligence exceed the cash flows it is supposed to support. Meanwhile, Cursor just raised $2.3 billion…
New Crypto Regulations Introduced by Dominican Republic for 2024
The Dominican Republic has taken an important step towards regulating the flourishing of this phenomenon Cryptocurrency market by introducing comprehensive regulations set to come into effect in 2024. The move aims to provide clarity and security to both investors and companies operating in the cryptocurrency space. Key points of the new regulations The new regulations establish a clear legal framework for the operation of cryptocurrency exchanges, wallet providers and other related services. This framework is designed to ensure that all crypto-related activities are conducted in a transparent and secure manner. Entities wishing to operate in the cryptocurrency sector will need…
Cardano network recovers after malformed transaction triggers chain partition
Key takeaways A malformed transaction exploited a deserialization bug, causing a temporary chain split on the Cardano mainnet. Engineers released hotfixes and node upgrades to resolve the issue, without compromising user funds. Share this article The Cardano blockchain is returning to normal after a rare chain fork that temporarily split the network into two copies of its ledger. According to new a report From Intersect, an organization that supports Cardano’s long-term continuity and development, the incident occurred due to a crafted and malformed authorization transaction on November 20. The transaction exploited a vulnerability in the crypto library dating back to…
2 Bullish Signs for Ripple’s (XRP) Price After 15% Weekly Drop: Details
The price of XRP has fallen below $2.00, but here’s what could change its course. It’s safe to say that the cryptocurrency markets had one of their worst monthly performances in modern history so far in November, with prices falling by double digits even from the extremes. Ripple’s XRP is no exception, although the asset has seen the launch of two exchange-traded funds to track its performance in the US – a development generally considered bullish. In the past week alone, XRP has lost more than 15% of its value and now rests at $1.95 after falling below $1.90 yesterday.…