What’s happening in the cryptocurrency world today? Let’s check out the biggest crypto news!
Sora Ventures has unveiled a $1 billion Bitcoin treasury fund, with plans to complete the full acquisition within six months.
The fund is said to be supported by a $200 million capital commitment from the company’s institutional partners across the Asian region.
Around 30,500 BTC options contracts are expiring today, on Sept. 5. The notional value at the current price is close to $3.38 billion.
Meanwhile, implied volatility (IV) has hit 40% after a month-long correction.
Looking for more details? They are available here.
According to Bloomberg ETF analyst James Seyffart, the long-awaited altcoin season is coming. Corporate treasuries and institutional capital are named among the key drivers.
Don’t miss our report to explore more details!
An 8-year dormant Ethereum ICO wallet has unexpectedly been revived. The wallet transferred 150,000 ETH (approximately $659M) to a new address.
Read more details here.
Cardano (ADA) selling pressure is gradually growing as whales sold 50 million ADA within 48 hours.
The Cardano community has taken a rather cautious stance about the future coin’s movements. As it was revealed by Santiment, the ratio of positive to negative comments on ADA has dropped to 1.5:1. Just compare: in early August, it was 12:1.
