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Bitcoin Miner Revenue Drops To Yearly Lows: Will They Capitulate?
Bitcoin Miner Revenue Drops To Yearly Lows: Will They Capitulate?

Miner revenues are at their lowest level since early 2023, though one expert says they don’t seem intent on selling.

Cryptopotato·2024/04/30 19:16
SEC has been investigating ETH for over a year, new court filing shows
SEC has been investigating ETH for over a year, new court filing shows

The SEC in March 2023 launched its formal investigation into ether, lawyers from Consensys allege in new, unredacted complaint

Blockworks·2024/04/29 21:28
Bitcoin’s halving is a major spectacle — that’s the whole point
Bitcoin’s halving is a major spectacle — that’s the whole point

Satoshi Nakamoto could have chosen a boring issuance schedule. Instead, he imbued bitcoin with a seasonal fireworks display

Blockworks·2024/04/18 17:37
Why is the Shiba Inu (SHIB) Price Up Today?
Why is the Shiba Inu (SHIB) Price Up Today?

Cryptopotato·2024/03/26 16:58
Bitcoin crosses $50k as market momentum grows
Bitcoin crosses $50k as market momentum grows

Bitcoin topped $50k for the first time since 2021

Blockworks·2024/02/12 21:52
Flash
  • 03:35
    Jupiter now allows users to unpledge a portion of their JUP tokens
    The Solana ecosystem DEX, Jupiter, has made two governance mechanism optimizations based on user feedback. The first allows users to partially cancel their JUP staking and vote while retaining some of the stakes. In addition, to give users more time to understand the proposal content, a timer has been added to the voting page that requires waiting for a few minutes before voting after opening a proposal.
  • 03:30
    BTC options with a nominal value of 1.2 billion USD and ETH options worth 930 million USD are about to expire
    Data from Greeks.live shows that on May 17, options delivery data: 18,000 BTC options are about to expire, with a Put Call Ratio of 0.63, the biggest pain point is $63,000 and the nominal value is $1.2 billion. Also, 320k ETH options are about to expire with a Put Call Ratio of 0.28; the biggest pain point is $3k and the nominal value is $930 million. Greeks.live states that this week was influenced by US stock Meme trend which led to significant capital inflows into BTC ETFs causing BTC's price to surge past $65k. However, outside of Memes crypto market remained weak as trading volume continued to decline reflecting in diverging option data for BTC and ETH. Looking at block trades and market trade structures all major term IV ended its downward trend entering sideways movement with not much room left for further declines. The balance between longs and shorts in BTC remains relatively even while weakness in ETH prices has led to continuous weakening of market confidence resulting in selling calls becoming absolutely dominant.
  • 03:25
    sUSD dropped to around 0.925 early this morning, and has now rebounded to 0.956 dollars
    Coingecko data shows that the stablecoin sUSD, minted by Synthetix's staked SNX, deviated to around 0.925 early this morning and has now rebounded to 0.956 dollars. According to Chaos Labs analysis, this deviation is due to large sBTC/wBTC liquidity providers withdrawing, using Synthetix's spot synthesis redemption to obtain sUSD, and selling sUSD in the related Curve pool.