Bitcoin dips but options market holds steady
Bitcoin dips but options market holds steadyStable open interest shows the options market remained relatively unfazed by Bitcoin's price drop.
Happy Wednesday!The global crypto market cap is $1.06 trillion, with a 24-hour volume of $37.36 billion. The price of Bitcoin is $26,325.69, and BTC market dominance is 48.3%. The price of Ethereum is $1,675.52, and ETH market dominance is 19.0%. The best-performing sector is eCommerce, which gained 20%. The Crypto Fear & Greed Index is currently Extreme Fear (37). Top News
Bitcoin dips but options market holds steadyStable open interest shows the options market remained relatively unfazed by Bitcoin's price drop. Binance allegedly maintains ties with blacklisted Russian banks despite Western sanctions: WSJBinance has recently faced heavy regulatory scrutiny across several jurisdictions, particularly in the West. FBI warns crypto firms of North Korea move to cash out $40M in stolen BitcoinThe FBI has linked North Korea-backed hackers to several crypto thefts of this year. Latest Insights
More NewsBinance US shifts to ‘crypto-only’ after dropping USD, MoonPay becomes new on-rampBinance.US adapts under regulatory pressure, introducing USDT as base asset and MoonPay as new facilitator for customer transactions. Nate Chastain sentenced to three months for insider trading at OpenSeaChastain will also pay a $50,000 fine and surrender any ill-gotten crypto gains. Sam Bankman-Fried pleads not guilty as lawyers complain about neglected vegan diet, prescription medicationsLawyers also pressed for conditions that will to allow Bankman-Fried to more easily access the Internet to review evidence. Shopify integrates with ‘zero-fee’ Solana Pay, prompting businesses to adopt crypto transactionsBusinesses on Shopify to benefit from zero-fee crypto transactions with Solana Pay integration. Binance and The Weeknd mix music, crypto, and philanthropy in upcoming tourThe tour is designed to enhance fan experience by integrating novel web3 technologies.
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