Kimchi premium recovers as KRWUSD drops to 15-year low
Kimchi premium recovers as KRWUSD drops to 15-year lowAs the won depreciates, economic and political uncertainty in South Korea widen the kimchi premium gap.
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Kimchi premium recovers as KRWUSD drops to 15-year lowAs the won depreciates, economic and political uncertainty in South Korea widen the kimchi premium gap. Bitcoin options OI hits $44B as futures trading coolsTraders have pivoted to options as Bitcoin encountered resistance at $99,000. α Top Insights
📖More α ResearchDrop in OTC balances shows large investors are accumulating discounted BitcoinThe sharp drop in OTC balances shows large investors are leveraging the dip to accumulate Bitcoin. Bitcoin tumbled to $95k after $540 million in long liquidationsLong liquidations highlight the peril of overleveraged trading as Bitcoin's rapid decline shatters key support levels. Options traders bet big on Bitcoin reaching $120K despite low oddsHigh open interest at $120,000 strike price shows the market is betting on a big finish for Bitcoin in 2024.
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XRP Ledger shows signs of increasing usage, suggesting XRP price increase
Saturday, December 28, 2024
As the velocity metric nears a breakout on the descending trend line, XRP price could start an upward movement. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
BlackRock doubles down on IBIT exposure through its Global Allocation Fund
Friday, December 27, 2024
The fund now holds over $17 million worth of shares from the spot Bitcoin ETF, which is among the 35 largest funds to ever launch. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
CryptoQuant CEO says US could feasibly cut debt by embracing strategic Bitcoin reserve
Thursday, December 26, 2024
Analysts see US Bitcoin reserve as symbolic step toward debt reduction, amid challenges and speculation. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin sees brief rebound to $99,000 on Christmas day
Wednesday, December 25, 2024
Holiday excitement lifted Bitcoin past $99000, but it quickly corrected to $98000 where it still holds strong support. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Trump’s pro-crypto pledge could see day-one executive orders, industry players hope
Tuesday, December 24, 2024
A Bitcoin strategic reserve, access to banking services, and the creation of a crypto council are among the items on the industry's 'wishlist.' ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Wednesday, January 1, 2025
With the arrival of the airdrop season, Web3 users have ushered in a golden harvest. At the same time, they have also become a big prey of criminal gangs in the crypto dark forest. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Polymarket’s 2025 prediction markets have over $1 billion wagered on sports betting
Tuesday, December 31, 2024
Sports drive Polymarket as traders look beyond elections for 2025 betting opportunities. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
WuBlockchain's Top 10 Asia News of 2024: China Launches Massive Stimulus, Hong Kong Introduces Cryptocurrency ETFs…
Tuesday, December 31, 2024
In 2024, China's central bank unveiled its largest stimulus package since the pandemic on September 24, aiming to steer the economy out of deflation and back toward the government's growth
Best of State of the Network in 2024
Tuesday, December 31, 2024
Coin Metrics' State of the Network: Issue 292 ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Hong Kong lawmaker advocates including Bitcoin in national reserves
Monday, December 30, 2024
Wu Jie believes Hong Kong's strategic move towards Bitcoin integration could enhance economic resilience and attract innovative businesses. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Fair Release: Saviour of VC-Backed Tokens from Low-Float High-FDV
Monday, December 30, 2024
We embrace Bitcoin for how it saves the world economy from money-printing, yet in Web3/crypto, we're practising exactly what we preach against: token-printing through time-scheduled unlocks. ͏ ͏ ͏
The Best Performing Cryptocurrency Assets Of 2024
Monday, December 30, 2024
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On-chain predictions for 2025: AI-agent, Pumpfun, Base, and Hypeliquid updates
Sunday, December 29, 2024
The year 2024 could potentially be the most significant year for on-chain development since the DeFi Summer, with narrative-driven investment opportunities emerging frequently on-chain. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
XRP Ledger shows signs of increasing usage, suggesting XRP price increase
Saturday, December 28, 2024
As the velocity metric nears a breakout on the descending trend line, XRP price could start an upward movement. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏