Crypto News

Nayib Bukele, President of El Salvador, has blasted the attitude of the opposition to its government, which has used his bitcoin policies as an attack vector against his administration. Bukele stated it is better to not listen to them. El Salvador’s President Nayib Bukele on Bitcoin Critics: Better ‘Not Listening’ to Them Nayib Bukele, PresidentSource link

Bitcoin (BTC), the largest cryptocurrency by market capitalization, hit a record-high above $109,000 on Monday, sending both implied volatility and realized volatility to the highest levels since August's yen carry trade unwind.Realized volatility is the historical price fluctuations of bitcoin over the past 30 days. It hit 67 on the Bitcoin Volatility Index (BVOL) on Deribit. The Bitcoin Volmex Implied Volatility index (BVIV) hit a high of 71. Implied volatility is the market's expectation for future price fluctuations derived from options pricing. Both indexes are up around 2% on the day."The positive correlation between bitcoin's price and implied volatility remains intact. It’s a sign traders are chasing options, particularly calls, as risk reversals show calls are trading at a premium...

The introduction of President-elect Donald Trump's TRUMP memecoin is a paradigm shift in the way the U.S. and the rest of the world approaches crypto, broker Bernstein said in a research report Monday."It signifies a new regulatory era, where governments see crypto as a technology to reach out to the masses directly," analysts led by Gautam Chhugani said.Trump's official memecoin debuted on Saturday on the Solana blockchain. It rose to a fully diluted market cap of about $73 billion, making it one of the most successful token launches ever. It tanked almost 40% on Sunday when his wife Melania launched her own memecoin, MELANIA.A token launch by the president-elect is a big signal to crypto builders in the U.S., especially...

As Donald Trump prepared for his inauguration as the 47th U.S. president, bitcoin (BTC) surged past 109,000, rising from around $102,600 in just 15 minutes. Trump Effect Fueling Rally As the euphoria surrounding Donald Trump’s inauguration as the 47th U.S. president reached a fever pitch, bitcoin (BTC) hit a new milestone. The top crypto assetSource link

Ether (ETH) slumped Sunday to its lowest level against bitcoin (BTC) since March 2021 as the world’s second-largest token extended losses against its larger rival.One ether dropped to 0.03 BTC on Sunday, almost 50% lower than a year ago, as bitcoin soared in the run-up to U.S. President-elect Donald Trump's inauguration. The exchange rate for the two tokens, conventionally called a ratio, peaked above 0.08 in 2022.ETH's value proposition has been on the decline ever since. Bitcoin touched a record high above $109,000 earlier Monday and has returned 160% to investors over the past year. Ether, meantime, has gained just 40% and is hovering some 30% below its 2021 peak. Ether tends to rally when traders see a benefit for...