In the world of cryptocurrency trading, few events hold as much significance as the impending expiration of options contracts. This Friday, October 25, a staggering 62,600 Bitcoin options will reach their expiration date, collectively valued at approximately $4.26 billion. Unlike typical weekly expirations, this particular event occurs at the end of the month, amplifying its
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Solana (SOL), a prominent player in the cryptocurrency landscape, has recently garnered attention following substantial price increases. Over the past week, SOL emerged as the leading cryptocurrency among the top twenty, recording an impressive 11% surge. This rise peaked on October 24 when it briefly reached $178, marking a significant high in nearly three months.
In a groundbreaking strategic alliance, EMURGO, the driving force behind Web3 adoption on the Cardano blockchain, has announced a partnership with BitcoinOS (BOS), a pioneering smart contract operating system for Bitcoin. This collaboration holds significant implications for the cryptocurrency ecosystem, as it aims to bridge the gap between Cardano’s decentralized finance (DeFi) users and Bitcoin’s
On October 24, 2023, the Pennsylvania House of Representatives made a significant move in the realm of digital asset regulation by passing House Bill 2481, popularly dubbed the “Bitcoin Rights” bill. This legislation garnered overwhelming bipartisan support, securing a vote of 176 to 26. Notably, all 100 Republican representatives and 76 Democrats cast their votes
The cryptocurrency landscape in the United States stands at a potential turning point, as Ripple CEO Brad Garlinghouse has recently underscored the anticipated changes in regulatory attitudes following the upcoming presidential election. In a recent discussion with Bloomberg, Garlinghouse articulated that the Biden administration’s current regulatory framework may soon give way to a more favorable
The world of cryptocurrency is characterized by its rapid evolution and the often-unpredictable nature of regulatory frameworks. This scenario became further complicated in the case of Tigran Gambaryan, a high-ranking executive at Binance, one of the largest cryptocurrency exchanges globally. Recently, Nigerian authorities announced that they have dropped all charges against Gambaryan, including serious allegations
In the ever-evolving landscape of cryptocurrency, few assets have generated as much conversation as Ripple’s XRP. Despite facing a challenging year, with a price drop of approximately 15% year-to-date, there is a growing chorus of analysts suggesting that XRP may be poised for a dramatic resurgence. While some venture bold projections that it could outpace
On October 16, Radiant Capital became the latest victim of a sophisticated scam that resulted in the theft of over $52 million worth of cryptocurrency. Following the attack, blockchain security analytics firm PeckShield revealed that the assailant had successfully maneuvered an alarming amount of over 20,500 ETH tokens from decentralized Layer-2 networks like Arbitrum and
The legal saga surrounding Alex Mashinsky, the former CEO of Celsius Network, has become a significant focal point in the realm of cryptocurrency regulation and legitimacy. Scheduled to appear in the United States District Court for the Southern District of New York on November 13, Mashinsky faces a multitude of serious allegations. Charges including securities
In recent discussions surrounding Bitcoin custody, MicroStrategy founder Michael Saylor’s comments ignited a firestorm within the cryptocurrency community. Saylor, who is often celebrated for his bullish stance on Bitcoin, suggested that holding the cryptocurrency through regulated entities, such as BlackRock and Fidelity, could potentially be safer than self-custody. This statement sparked a backlash from crypto