This Friday, Deribit, a leading derivatives exchange, braces for a substantial expiration of cryptocurrency options, totaling over $9.4 billion, with bitcoin options comprising the majority at $6.35 billion. The upcoming expiry has sparked notable activity in the options market, particularly for Bitcoin, where the put-call ratio stands at 0.68, signaling an increased interest in put options compared to calls. In…
S&P Global Ratings has indicated that the proposed regulations in the United States may lead to a shift in the stablecoin landscape, potentially undermining the dominance of Tether’s USDT. The regulatory framework, if approved, could grant banks a competitive advantage by capping stablecoin issuance for non-banking institutions at $10 billion, according to S&P’s report released on Wednesday. The prospect of…
The collectibles will include “money can’t buy” experiences such as pitch-side seats for exclusive team training events. Source: https://cointelegraph.com/news/manchester-city-nft-digital-collectibles-quidd
Block, the parent company of Square and Cash App, unveiled a new initiative today enabling merchants utilizing Square’s services to convert a portion of their daily sales into Bitcoin. Rolling out initially in the U.S., the feature allows Square sellers to transfer 1-10% of their daily sales to their personal Cash App accounts, where the amount will automatically convert into…
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports DOG•GO•TO•THE•MOON (aka DOG), a Bitcoin meme coin etched via the new Runes protocol, was airdropped to holders of the Runestone Ordinals project on Wednesday, immediately vaulting…
U.S. authorities on Wednesday arrested and charged the founders of Bitcoin mixer Samourai Wallet, charging them with conspiracy to commit money laundering. In a Wednesday announcement, the U.S. Attorney’s Office, Southern District of New York said that Keonne Rodriguez and William Lonergan Hill were charged with operating “a cryptocurrency mixer that executed over $2 billion in unlawful transactions and facilitated…
The question of the Terraform co-founder’s extradition to either the U.S. or South Korea has been bouncing between lower and higher courts in Montenegro for months. Source: https://cointelegraph.com/news/do-kwon-montenegrin-court-appeal-extradition-law
The U.S. Department of Justice has indicted the founders of Samourai Wallet, Keonne Rodriguez, and William Lonergan Hill, on charges of operating an unlicensed money-transmitting business and laundering over $100 million through illicit transactions. DOJ Indicts Samourai Wallet Founders for Allegedly Operating $100 Million Crypto Laundering Ring According to the indictment unsealed by the Southern […] Source: https://news.bitcoin.com/us-authorities-charge-founders-of-bitcoin-mixer-samourai-wallet-for-laundering-over-100-million/
Bitwise Chief Investment Officer Matt Hougan recently shared insights in an investor note, envisioning a significant drop of 50% in Bitcoin’s volatility alongside increasing institutional involvement leading up to the 2028 halving. Hougan’s analysis points to Bitcoin’s historical patterns, notably its surge to a new all-time high just weeks before the 2024 halving. He anticipates this trend to persist post-halving,…
NFT platform Magic Eden recorded an NFT trading volume of $756.5 million in March, surpassing its rival Blur. Source: https://cointelegraph.com/news/nft-newsletter-magic-eden-blur-trading-volume-yuga-labs-nft-games
