Author: CryptooTimes
The Australian Securities and Exchange Commission claims that John Louis Anthony Bigatton promoted the crypto lending platform at four seminars and via two social media posts. Source link
Research Firm Favors Bitcoin (BTC) ‘Covered Strangle’ Strategy to Enhance Portfolio Yield
“Our favorite strategy is to buy bitcoin Spot, Sell 100,000 strike call, and Sell 50,000 strike put for the December 2024 expiry. Selling the call could yield 11%, and selling the put could yield 6%,” Markus Thielen, founder of 10x Research, said in Monday’s client note, detailing the suggestion. Source link
The Bitcoin (BTC) price has been roaming below the crucial $67,000 after it briefly touched an intraday high of around $67,600. BTC declined by 0.7% in the past 24 hours and is trading at $66,500 at the time of writing. The asset’s market cap is standing on the cliff side of the $1.3 trillion mark. Bitcoin’s daily trading volume, however, has increased by 40%, reaching $22.2 billion. BTC price, whale activity, RSI and MVRV ratio – May 20 | Source: Santiment Moreover, the BTC price plunge comes amid declining whale activity. According to data provided by Santiment, the number of…
Bitcoin is facing renewed calls for a supply shock as exchange reserves hit seven-year lows, and BTC price action focuses on final resistance. Source link
Ether (ETH), Bitcoin (BTC) Open Asia Trading Week Flat as ETH ETF Decision, Nvidia Earnings Loom
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Ontario’s self-styled ‘Crypto King,’ Aiden Pleterski, was arrested and accused of fraud and money laundering related to an alleged Ponzi scheme following one of the most extensive fraud investigations the region has witnessed. The 25-year-old, along with his associate, 27-year-old Colin Murphy, allegedly stole approximately $30 million from unsuspecting victims. Crypto King’s Arrest The charges stem from a 16-month investigation known as ‘Project Swan’ conducted by Canadian authorities amidst an ongoing bankruptcy case related to the alleged scheme, which has garnered significant media attention in the country. This investigation involved interviews with numerous victims, dozens of court orders, as well…
The latest Coinbase Weekly Market Commentary, dated May 17, highlights the crucial influence of regulatory developments on U.S. cryptocurrency markets. Coinbase stated: “Macro continues to be a key driver for crypto performance, though we think upcoming major catalysts may be regulatory driven.” Upcoming regulatory events include the Securities and Exchange Commission (SEC)’s decisions on spot […] Source link
Ethereum researcher Justin Drake said his EigenLayer role is worth “millions of dollars” and some think it could shake up incentives for those working on the blockchain. Source link
Bankruptcy claims began trading at 35% of account balance value when they were initially listed on claim trading marketplace Xclaim Source link
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. PEPE surges 29%, BONK sees a modest 2% gain, and Rebel Satoshi’s RECQ skyrockets 120%, with experts predicting further movements. As bulls gradually overcome bears in the crypto market, top altcoins like Pepe (PEPE) and Bonk (BONK) are holding green candles. As a result, investors have started flocking back to the market, hoping to get huge profits soon. Meanwhile, Rebel Satoshi’s RECQ has emerged as a top competitor for leading memecoins after surging 120% thus far. PEPE surges 29%…