Author: Digicoinvision

Bitcoin options markets are showing a low volatility expectation, something that has actually preceded sharp price action in the past. Bitcoin Options ATM IV Has Been Going Down Recently In its latest weekly report, on-chain analytics firm Glassnode has talked about the latest trend in the Bitcoin Options At-The-Money Implied Volatility. Implied Volatility (IV) refers to an indicator that measures how volatile BTC is expected to be in the future, based on the pricing of Options contracts. At-The-Money (ATM) IV, the version of the metric of interest here, specifically calculates this expectation for the contracts that have their strike price…

Read More

Ethereum (ETH) approached within 3.9% of its all-time high as altcoins demonstrated broad strength.Leverage across major alternative cryptocurrencies reached a record $47 billion according to Glassnode data.Ethereum traded at $4,738.94 as of press time, up by 3.1% in the past 24 hours and just 2.7% away from its all-time high registered in November 2021. The rally coincided with widespread altcoin gains, with seven-day returns showing Ethereum and Dogecoin both up 25.5%, XRP gaining 16.2%, and Solana advancing 13.6%.Bitfinex head of derivatives Jag Kooner attributed Ethereum’s momentum to “strong ETF inflows, institutional accumulation, and a favourable macro backdrop after softer CPI data…

Read More

Key Takeaways ETF speculation and strong sentiments have fueled Cardano’s bullish momentum lately. On-chain metrics and liquidations pointed to limited selling pressure ahead. Cardano [ADA] is in the news today after it registered a sharp rebound on the charts, climbing by 13.4% to trade at $0.8787. This uptick aligned with a hike in market momentum, with its technicals hinting at strong investor activity too.  This surge came on the back of renewed optimism across the crypto market, driven by both on-chain and sentiment indicators. In fact, analysts are now pointing to multiple converging factors — from chart-based breakout patterns to…

Read More

Bitcoin has reached a new all-time high, and its next move will either be a surge into new price discovery or a halt to make way for the oncoming altcoin season, says Bitcoin pioneer Samson Mow.Bitcoin (BTC) prices reached $124,500 on Coinbase in early trading on Thursday, according to TradingView. The move has added 3.5% to the asset on the day and pushed total crypto market capitalization to a record high of $4.26 trillion.Bitcoin OG Samson Mow said there are two possible paths for Bitcoin now:“We Godzilla or Omega up, suck all the oxygen out of the room, and altcoins…

Read More

Join Our Telegram channel to stay up to date on breaking news coverage Tom Lee’s BitMine is seeking to raise $20 billion through an expanded stock offering to buy Ethereum, aiming to become ETH’s Michael Saylor with the largest corporate acquisition of the asset to date. According to a filing on Tuesday, BitMine has expanded its at-the-market (ATM) stock offering, which allows it to sell shares gradually at prevailing market prices, from about $4.9 billion to $24.5 billion, a fivefold increase, with all proceeds expected to go toward ETH purchases. BitMine stock surged almost 6% on the news yesterday and…

Read More

Autonomous agents — AI-powered programs that can think and transact without human input — could unlock a new world of e-commerce on Ethereum due to a largely forgotten HTTP web standard that has only recently started being leveraged on the blockchain.The dormant HTTP 402 “Payment Required” status — defined around 30 years ago — together with Ethereum Improvement Proposal 3009, enables AI agents to make stablecoin transfers without human intervention, the Ethereum Foundation said on Wednesday, sharing a “guest thread” written by Coinbase development team members Kevin Leffew and Lincoln Murr.The pair said autonomous agents could become Ethereum’s “biggest power…

Read More

As we embark on a new decade(!), the Ecosystem Support Program team wanted to speak to some of the recent growth, transition and learning around the program, and share details of our 2019 financial allocations. What is ESP? The Ecosystem Support Program (ESP) is the arm of the Ethereum Foundation focused on providing support to teams throughout the Ethereum ecosystem. This includes financial and non-financial support. ESP is an expansion of the Grants program, which previously focused primarily on monetary support. Improving Our Processes The 2019 Ethereum Foundation Spring Update first previewed some of our plans for evolving from Grants…

Read More

Tether’s co-founder and CEO, Paolo Ardoino, started a hot and fresh discussion on the fundamental applications of stablecoins. He drew the audience’s attention towards a sharp contrast between Tether (USDT) and its competitors. On his official X (formerly Twitter) account, Ardoino shared an interesting statistic that 63% of all the transactions involving USDT are only traded in USDT. On the other hand, 78% of stablecoin trades that do not involve USDT also involve multiple crypto assets.  This statistic seems like a simple data point, but for Tether, it’s a point of strength to leverage its narrative as the primary digital…

Read More

Ethereum price found support near the $4,500 zone and started a fresh surge. ETH is rising and might soon aim for a move above the $4,750 zone. Ethereum started a fresh increase above the $4,550 and $4,650 levels. The price is trading above $4,600 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $4,480 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $4,400 zone in the near term. Ethereum Price Rallies Further Ethereum price started a fresh increase…

Read More

Digital asset custody firm Hex Trust has integrated Etherlink, the Ethereum Virtual Machine (EVM)-compatible layer 2 built on Tezos, to add institutional custody for xU3O8, a tokenized uranium asset issued on the network.The integration is backed by Trilitech, the research and development (R&D) adoption hub for Tezos and developer of Etherlink, which is working with Hex Trust to connect institutional clients to xU3O8 and other Etherlink-based assets, according to a Tuesday announcement shared with Cointelegraph.“Tokenized commodities like uranium are gaining institutional interest as more real-world assets move onchain,” said Giorgia Pellizzari, head of custody at Hex Trust.Listed on multiple exchanges, xU3O8 allows…

Read More