Author: News Room
March 29 is an end-of-quarter Bitcoin options expiry event, and it is a big one. There are approximately 135,250 BTC options contracts expiring today. The notional value of today’s big batch of Bitcoin derivatives is a whopping $9.74 billion, making it the largest expiration event so far this year, according to Deribit. Bitcoin Options Expiry The put/call ratio for today’s huge tranche is 0.85, meaning there are slightly more long contracts being sold than shorts. There are more than a billion dollars in open interest (OI) at the $65,000 and $70,000 strike prices, with the latter being closer than current…
In a significant move, Google has begun indexing Bitcoin blockchain data into its search engine results. Users can now search for Bitcoin addresses and see transaction details directly in Google searches. NEW: Google has recently started indexing #Bitcoin data into their search engine 👀Huge Development 👏 pic.twitter.com/hIAJfLkYXh — Bitcoin Magazine (@BitcoinMagazine) March 28, 2024 This integration comes after years of Google’s rocky relationship with Bitcoin. The tech giant banned Bitcoin-related ads in 2018 before reversing course in January 2024 and allowing Bitcoin ETF ads after their approval earlier this year. The policy change signaled Google’s warming stance. Now, displaying Bitcoin…
Coinbase’s layer-2 network, Base, is gaining some serious traction, with $1 billion in Total Value Locked (TVL). Realistically, Base is probably the hottest L2 network right now. A lot of people are joining in and sticking around, and the network’s TVL confirms this thesis. Base has been attracting attention thanks to the many projects and popular trends that are active on it. Even though the buzz might not last forever — since Base does not offer anything too out of the ordinary — it is still catching people’s eyes for the time being. One of the reasons people are drawn…
Polygon PoS is seeing an upgrade in tandem to Ethereum’s Dencun upgrade The Napoli upgrade is an upgrade of Ethereum’s Cancun upgrade, bringing multiple benefits to nodes and improving the overall health of the network. Polygon (formerly known as Matic Network) is continuing to make strides in improving the user experience and network efficiency with their brand new upgrade that has just dropped. The Napoli upgrade aims to enhance the overall functionality of the Polygon platform and provide users with a better experience. The Napoli update aims to improve the user experience and the Polygon platform’s overall functionality. Accompanying it…
Nexo, a digital asset trading platform, announced the addition of seamless peer-to-peer (P2P) transfer features allowing users to make free and instant cryptocurrency transfers via email or mobile. With Nexo’s innovative solution, individuals can now dispatch crypto swiftly and without incurring any costs, with recipients able to claim their funds promptly upon receipt. Moreover, Nexo obviates the need for cumbersome crypto addresses, allowing users to effortlessly send crypto to both existing platform users and friends who have yet to join, simply by entering an email or phone number. Chief product officer at Nexo, Elitsa Taskova emphasized the importance of seamless…
In an era where the boundaries between traditional finance (TradFi) and crypto continue to blur, the tokenization of real-world assets (RWAs) stands out as one of the hottest trends. This trend, which allows tangible assets like vehicles and real estate to be bought and sold as tokens on a blockchain, promises to revolutionize the efficiency and speed of asset transactions. Just last week, BlackRock, the world’s largest asset manager, has positioned itself at the forefront of this movement with the launch of a $100 million tokenization fund, which has already attracted over $240 million in investment within its first week.…
Zhimin Qian, the alleged mastermind behind the cryptocurrency laundering, dreamed of being anointed as a Buddhist goddess by the Dalai Lama. Qian also had plans to build a Buddhist temple, an airport, and a port in Danube, a fictitious micronation situated between Serbia and Croatia. Zhimin Qian’s Digital Diary Zhimin Qian, the alleged mastermind behind a crypto laundering scheme, reportedly aspired to be anointed the “Reincarnated Goddess” by the Dalai Lama. Qian, who is reported to have used several aliases to evade law enforcement agencies, dreamt of building a Buddhist temple in Danube, an imaginary micronation between Serbia and Croatia.…
The world of esports remains an ever-growing industry, where competitive gaming takes center stage. Gaimin Gladiators ( www.gaimingladiators.gg ), GAIMIN’s (www.gaimin.io) esports team, is making waves with a game-changing move, this time beyond the arena. We are introducing on 2nd April 2024 the first version of The Colosseum, our very own Web3 fan loyalty membership […] Read the full article here
The province of British Columbia is taking proactive steps in its battle against financial crime, with the latest move targeting Michael Patry, the co-founder of the defunct Canadian largest crypto exchange, Quadriga CX. Mike Farnworth, Minister of Public Safety and Solicitor General, announced the filing of a third unexplained wealth order (UWO) with the British Columbia Supreme Court, aimed at seizing assets potentially linked to criminal activity. If successful, the order could lead to the forfeiture of assets worth $250,200 in cash, 45 gold bars, luxury watches, and expensive jewelry, Farnworth said in the press release dated March 27. Farnworth…
Bitcoin (BTC) is once again trading above the $70,000 mark after avoiding dropping below $60,000. With the ongoing resurgence, investor attention remains fixated on whether BTC will rally and achieve another record high before the April halving event. Indeed, a significant portion of market attention is focused on Bitcoin’s ability to hit a six-figure mark, and crypto analyst TradingShot believes the maiden digital asset has a strong chance in the current cycle. In a TradingView post on March 28, the analyst suggested that the asset has the potential to reach $200,000, despite experiencing a two-week consolidation period after surpassing its…