$3.42 Billion in Bitcoin and Ethereum Options Expiry Hint Market Volatility Ahead
The $2.86 billion Bitcoin options expiry could trigger short-term volatility, particularly as traders anticipate Bitcoin reaching the $100,000 mark.
Focus on the ecosystem surrounding Ethereum, the second‑largest network by market cap. Get insights into network upgrades, smart‑contract innovations, DeFi and NFT trends, staking developments and other Ethereum news today.
The $2.86 billion Bitcoin options expiry could trigger short-term volatility, particularly as traders anticipate Bitcoin reaching the $100,000 mark.
A potential breach of the resistance level of about $4K for Ethereum price will signal the onset of the macro altcoin season as Bitcoin approaches a major psychological target.
Despite the tough competition from Solana, BNB Chain and XRP Ledger, Ethereum remains the dominant blockchain.
Research from Amberdata reveals just a 10% chance of Ethereum surpassing $4,000 by the year-end, citing weak fundamentals as a key factor.
The US spot Ethereum ETF issuers registered a net cash outflow of $3.24 million on Thursday, thus ending the longest period of notable cash inflows.
STXN’s Ethereum Time Machine introduces conditional transactions and reversal options, enhancing blockchain flexibility for error correction, fraud prevention, and user control.
Ethereum researcher Justin Drake teased a new proposal aimed at improving Ethereum’s scalability while presenting his “ambitious” strategy for the Beacon Chain roadmap.
The US spot Ethereum ETFs registered the highest cash inflow since inception on Monday of over $295 million.
Justin Sun makes $69M profit by selling Ethereum, while whales strategize with both accumulation and sales during the price rally.
The significant dumping of $2.2K-$2.4K puts (bearish bets) signaled a market sentiment shift in the options market, as large players didn’t expect ETH to drop to $2.4K again.
The Ethereum network is preparing for the Pectra upgrade to go live on the mainnet in the first quarter of 2025 through the Mekong testnet.
Two long-term Ethereum whales from the ICO era re-emerged, collectively selling 33,701 ETH worth $89.11 million as the ETH price rallied to $3,000.
The low demand for Ethereum among institutional investors will soon change as Bitcoin dominance hovers around a major psychological resistance level.
On-chain data shows that more institutional investors are more interested in Bitcoin compared to Ethereum but the narrative will change soon amid anticipated altseason.
Ethereum co-founder Vitalik Buterin has shared full update on The Splurge and advancements to watch out for.