Bitcoin Halving Is Not a Volatility Event, Analyst Says as Implied Volatility Rises
Options implied volatility is overpricing the event, Amberdata’s Greg Magadini said.
Options implied volatility is overpricing the event, Amberdata’s Greg Magadini said.
The proposed move would allow eligible users to acquire up to four times more tokens than the standard quota per wallet, among other benefits.
Crypto-related companies looked set to start the week on a positive note.
Broader crypto markets remained little changed over the weekend, but some Ordinal ecosystems saw gains as a proxy for BTC.
“HashKey Group aims to establish one of the world’s largest cluster of licensed exchanges within the next 5 years, surpassing all current regulated exchanges,” said Livio Weng, COO of HashKey Group.
The SEC accused Kwon and his company of misleading investors about the stability of their so-called “algorithmic stablecoin” Terra USD.
The company in February got permission from a New York bankruptcy court to sell approximately 36 million shares of Grayscale’s Bitcoin Trust.
The U.S. SEC has argued that Do Kwon and his company lied to investors about the stability of TerraUSD and its integration with a Korean mobile payments app.
The much stronger-than-expected inflows into the spot bitcoin exchange-traded funds (ETFs) have already caused concerns about a supply shock in the bitcoin market, potentially taking away some of the impacts of the halving.
The proposal, introduced in February, could harden Ethereum’s native cryptocurrency, ether (ETH), as a form of money – by reducing the inflation of new supply. But some members of the community say if it’s not broke, don’t fix it.