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news-imageOctober 11, 2024

Bitcoin and Ethereum Options Worth $1.61B Expiring Today—What to Expect?

TL;DR $1.61 billion worth of Bitcoin and Ethereum options are set to expire today, potentially causing market volatility. Maximum pain points are set at $62,000 for Bitcoin and $2,450 for Ethereum, indicating possible price movements. Analysts expect increased trading activity and new opportunities amid market uncertainty.
Publisher: Crypto Economy
Sentiment: Neutral
BTC
ETH

More News Articles

Positive
cover-imageInvezz
October 11, 2024

Bitcoin price holds firm above $62,000; Celestia, Dogwifhat and Sui up more than 10%

Bitcoin's price has shown resilience by staying just above the $62,000 mark, despite uncertainty in the market. Minor fluctuations have kept the price within a predictable range, while traders and investors await a potential breakout. The key resistance level remains at $65,000, a psychological threshold that could signal new upward momentum if breached.

Neutral
cover-imageUToday
October 11, 2024

Schiff vs. Roubini: Who's Bitcoin's Real ‘Dr. Doom'?

An unexpected discussion about the title of the most notorious Bitcoin critic emerged today, sparked by Peter Schiff's commentary on a new documentary on HBO. Schiff, a widely recognized figure in the Bitcoin (BTC) community as a main antagonist of the cryptocurrency, was quick to point out his conspicuous absence from the film.

Negative
cover-imageCoindesk
October 11, 2024

Has Ethereum Lost Its Way?

Is Ethereum in danger of being all things to all people and being master of none? It needs to focus on its original ambition to be a World Computer, says Ganesh Swami, co-founder of Covalent.

Positive
cover-imageUToday
October 11, 2024

BlackRock Tops $11.5 Trillion in AUM, More Bitcoin Bets Ahead?

American multinational investment giant BlackRock has extended its lead as the world's dominant asset manager with an $11.5 trillion Asset Under Management (AUM) milestone. As revealed in its third-quarter earnings report, the company said its AUM jumped $2.4 trillion year-over-year, driven by net inflows of $456 billion and positive market movements.

Positive
cover-imageUToday
October 11, 2024

Crucial New Ethereum Update? Vitalik Buterin Weighs In

Ethereum's cofounder, Vitalik Buterin, recently sparked a conversation about a crucial update to Ethereum's infrastructure — EIP-7708. This proposal could solve a long-standing issue with tracking ETH transfers across various transaction types, something that has plagued the network for years.

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