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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Ether options’ implied volatility remains elevated, analysts say
Ether options’ implied volatility remains elevated, analysts say

Uncertainty around the future price of ether has kept its options implied volatility elevated, according to analysts.Bitcoin’s implied volatility has seen a substantial reduction, indicating a trend toward stability in the bitcoin market.

The Block·2024/05/07 11:16
South Korea’s winning party moves toward bitcoin ETF promise: report
South Korea’s winning party moves toward bitcoin ETF promise: report

South Korea’s opposition Democratic Party plans to move forward in its election pledge to make spot crypto funds accessible in the country.Local financial regulators currently see no legal basis for the local issuance and trade of spot crypto ETFs.

The Block·2024/05/07 09:46
Crypto Markets Lost $60 Billion as Bitcoin (BTC) Dropped by $3K (Market Watch)
Crypto Markets Lost $60 Billion as Bitcoin (BTC) Dropped by $3K (Market Watch)

The total crypto market cap is down below $2.5 trillion once more.

Cryptopotato·2024/05/07 09:40
Bitcoin trader flags key levels as BTC price attacks $64K liquidity
Bitcoin trader flags key levels as BTC price attacks $64K liquidity

BTC price eats away at positions as Bitcoin bulls attempt to carve a path higher.

Cointelegraph·2024/05/07 09:34
LayerZero Labs CEO confirms employees are forbidden from claiming upcoming airdrop
LayerZero Labs CEO confirms employees are forbidden from claiming upcoming airdrop

The CEO of LayerZero Labs confirmed that employees are ineligible to claim the project’s upcoming airdrop. LayerZero Labs completed the initial snapshot for its token airdrop on May 1.

The Block·2024/05/07 07:52
Flash
  • 16:30
    ANALYSIS: Three Big Chain Indicators Suggest Bitcoin Hasn't Reached Cycle Top Yet
    Bitcoin's price has retreated after briefly surpassing $100,000 and remains more than 8% below last year's all-time highs. Analytics suggest that Bitcoin has not yet reached a cycle top. 21Shares analysts note that the current MVRV ratio of 2.5 to 3 suggests that the market is not yet overvalued and is not close to bubble territory. The Net Unrealized Gains and Losses indicator also shows that the market as a whole is not yet profitable, suggesting that bitcoin has not entered an overheated state. Additionally, seller's risk ratios for long-term holders remain well below historical highs, and there is no significant selling pressure. The macroeconomic environment, potential interest rate cuts and expectations of Trump's return to the presidency could also be positive for the crypto market.
  • 16:30
    Value of BlackRock's IBIT Positions Surpasses $55 Billion
    BlackRock's bitcoin exchange-traded fund IBIT's position reached 554,311.086 BTC as of Jan. 15, and the market value of the position surpassed $55 billion, touching $55,464,006,965.44, according to official data.
  • 16:29
    BTC breaks above $99,000
    The market shows that BTC broke through $99,000 and is now at $99,009, down 0.26% in 24 hours, the market is volatile, please do a good job of risk control.
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