Month: 2 weeks ago

Bitcoin options expiry is once again capturing the attention of traders and investors, as over $4.3 billion in Bitcoin and Ethereum options are set to expire today, December 12.This significant event is poised to influence the future trajectory of the cryptocurrency market, particularly as Bitcoin hovers above the $92,300 mark, with analysts eyeing the $90,000 maximum pain level.

Bitmine ETH Holdings is making headlines in the cryptocurrency world as it approaches a staggering 4% of the total Ethereum supply.Recently, Tom Lee, the chairman of Bitmine, emphasized in an interview that the company does not plan to sell its substantial Ethereum investments anytime soon.

In light of the recent Upbit breach, Binance’s response has come under intense scrutiny, particularly regarding its cooperation with South Korean police.On November 27, authorities requested Binance to freeze Solana tokens connected to the breach, yet the exchange only managed to freeze about $55,000 after a 15-hour delay.

Mantle price has recently surged by an impressive 10%, reaching new heights of $1.27 as market momentum drives bullish sentiment.With this robust rally, traders are now eyeing the next significant resistance point at $2.00, further fueled by a broader resurgence in the cryptocurrency market.

In recent news, the ZORA token transaction has captured the attention of cryptocurrency enthusiasts, marking a significant event in the digital finance landscape.This large token transfer involved approximately 52.525 million tokens, totaling over $2.6 million, from an address rumored to belong to the ZORA team.

Crypto KOL Morsy has recently sounded the alarm on alarming developments within the Cysic TGE, revealing a troubling trend of crypto wallet clustering that poses serious risks to the integrity of the project.Just days ago, an unusual uptick in wallet address creation was observed, suggesting coordinated token manipulation, where an estimated 12-20% of CYS tokens are involved.

Tether Juventus acquisition is set to make waves in the world of sports and cryptocurrency.The stablecoin powerhouse, Tether, has recently presented a binding offer to acquire 65.4% of the renowned Serie A soccer club, Juventus, a move that highlights its ambitious foray into sports investments.

The recent sentencing of Terrraform Labs founder Do Kwon has sparked significant conversation regarding the impact of his actions on victims, particularly through the heartfelt sentencing impact letters submitted to the court.These letters, totaling 315, vividly detail the traumatic effects that the Terra collapse had on individuals—ranging from crippling financial losses to devastating personal crises.

Phantom prediction markets are revolutionizing the landscape of cryptocurrency by seamlessly integrating event trading directly into crypto wallets.As the popularity of decentralized finance (DeFi) grows, platforms like Phantom are at the forefront, enabling users to engage in real-world trading tied to significant events.