Crypto News
ETH Price Drops 6% as Ethereum Tests Key Support Levels
Ethereum trades at $3,624 after a 6% daily decline. Technical indicators show mixed signals as ETH approaches critical support zones near $2,932. (Read More)Source link
Over $1 Billion in Crypto Liquidations as BTC and Altcoins Tumble
Bitcoin experienced a significant drop of over 2.5%, falling to $114,322 on July 31, shortly after recovering from earlier losses. Dow and Asian Markets Drop in Response Just hours after reversing its losses spurred by the Federal Reserve’s decision to leave interest rates unchanged, Bitcoin ( BTC) plunged late on July 31, dropping by moreSource link
Are Traders Done With Ether? Options Market Now Prices Higher Risk for ETH Than BTC
It's become more expensive to use derivatives to insure against a decline in ether (ETH) than in bitcoin (BTC), indicating that market sentiment has shifted against the second-largest cryptocurrency by market cap, data from Deribit shows.The sentiment shift comes after weeks of big money favoring ether over its larger peer.According to data from Amberdata, ether's 25-delta risk reversals for options expiring in August and September were trading at -2% to -7%. That means put options, which provide protection against drops in price, carry a 2% to 7% premium over call options, reflecting an apparent concern about a potential downside risk.In comparison, bitcoin's short-term put options traded at 1%-2.5% premium to calls, suggesting relatively restrained downside fears.A put option gives the...
Amazon Backs ‘Netflix of AI’ Startup Fable With User-Generated Animation Launch
The platform lets users generate entire episodes from prompts or photos, with Amazon betting on a new mode of storytelling.Source link
GM Vietnam 2025 is Back: The Future of Web3 Unfolds in Ha Noi Capital
This content is provided by a sponsor. PRESS RELEASE. Having firmly established its presence in 2023 and 2024, GM Vietnam — Vietnam Blockchain Week now enters a new chapter, defined by greater ambition, expanded scale, and the spirit of Southeast Asia’s next-generation builders. To mark this evolution, SSI Digital (SSID), the digital asset arm ofSource link