Author: CryptooTimes

The spread between the forward-looking, 30-day implied volatility indexes for ether (ETH DVOL) and bitcoin (BTC DVOL) flipped positive in April on dominant crypto options exchange Deribit. Since then, it has risen to 17%, according to data tracked by Amberdata. Implied volatility estimates the degree of future price swings based on options prices.

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With Velo’s price fluctuations this year, what does the latest Velo crypto price prediction suggest about its future path? Velo (VELO), often referred to as the ‘XRP of Southeast Asia,’ has garnered attention for its potential in the blockchain space, particularly in facilitating cross-border payments and financial solutions across the region.  This year, Velo’s price action has been a roller coaster. At the start of the year, VELO was trading at a mere $0.003. However, by May 10, it had surged to a 52-week high of $0.02882.  VELO one-year price chart | Source: CoinMarketCap This impressive jump represents an increase…

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According to the United Nations Security Council, this crypto was stolen over the last seven years and used in weapons development. A new investigation has revealed that crypto companies and wealthy individuals are being scammed on social media by North Korean hackers. According to the United Nations, the money is reportedly being used for weapons development.  David Robinson, co-founder of Internet 2.0 and former Australian Army Intelligence Officer, discussed these practices in an interview with Sky News.  “Consumers are at a huge risk from North Korean hackers,” Robinson said. “They’ve stolen $3 billion to date, according to the UN.” The…

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The digital asset market ticked upward during the European morning with ether reclaiming $3,500. ETH has climbed over 4% in the last 24 hours, trading at $3,540 at the time of writing. The CoinDesk 20 Index (CD20) added around 1.6%. DOGE is nearly 3.5% higher following its slump on Tuesday, while fellow meme coin SHIB is also up over 3%. Bitcoin remains subdued, trading around $65,400, a lift of 0.2% from 24 hours ago. Spot bitcoin ETFs in the U.S. experienced a further $152.4 million worth of outflows on Tuesday.

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Renowned rapper 50 Cent has revealed that hackers hijacked his X account and personal website to promote a fake cryptocurrency.  On June 21, 50 Cent — whose real name is Curtis James Jackson — took to Instagram to alert his 32.8 million followers that both his X account and personal website, thisis50.com, had been compromised.  According to the multi-platinum-selling artist, the hackers used the platforms to endorse a new meme coin named GUNIT, after the hip-hop group 50 Cent founded in the late 1990s.  Source: 50 Cent on Instagram 50 Cent has no connection with the fake cryptocurrency. The “Expendables…

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