Crypto News
Toncoin’s TON Crashes as UAE Shoots Down ‘Golden Visa’ for Stakers Claims
TON spiked and then sharply declined following confusion about the visa program, which enables holders to live and work in the UAE.Source link
CoreWeave to Acquire Core Scientific in $9B All-Stock Deal
The deal values Core Scientific shares at $20.40, a 66% premium to its price late last month, with each Core Scientific share being swapped for 0.1235 CoreWeave shares.Source link
El Salvador Evolves AI Strategy by Launching Nvidia-Powered National Lab
El Salvador has begun preparations for the launch of one of the first artificial intelligence labs in Latin America, powered by Nvidia chips. The nation aims to develop its own AI, referred to as “sovereign AI,” to create national AI systems for social and economic purposes. El Salvador Launches National AI Lab Initiative El SalvadorSource link
Dogecoin, Solana, Ethereum Drive Crypto Markets Higher as Bitcoin Stays Flat
DOGE rallied Monday after billionaire fan Elon Musk made headlines with the launch of his pro-Bitcoin America Party.Source link
Stone Cold BTC Drains Bull Mood From Long-Term Options: Crypto Daybook Americas
By Omkar Godbole (All times ET unless indicated otherwise)It's said that price is the best measure of appeal of any asset. To the dismay of bitcoin (BTC) bulls, the largest cryptocurrency's price hasn't gone anywhere in over 50 days, trading directionless above $100,000. That stagnation has, unusually, eroded the call bias in long-term options. Risk reversals derived from Deribit-listed options expiring in June next year are nearly zero, indicating that calls (bullish) and puts (protective) are trading at similar levels. Historically, long-term risk reversals have tended to be positive, indicating a bias for calls."This could easily go negative as BTC continues to see downside 'risk-off' volatility only," Greg Magadini, director of derivatives at Amberdata, said in an email. "Continued...