NFT Marketplace OpenSea Cuts Staff
The NFT platform, used to trade Bored Apes and Pudgy Penguins, laid off 50% of its employees as digital arka collectibles’ floor prices continue to fall.
Price
Prescient Bitcoin Whale Moves $244M in BTC to Crypto Exchange. Has BTC Price Topped?
The whale wallet was the 14th-largest individual bitcoin owner in March, holding 46,500 tokens.
Bitcoin Is Up 70% a Year After FTX Debacle, but ‘Alameda Gap’ in Liquidity Persists
The ‘Alameda gap’ refers to the worsening of order-book liquidity following the collapse of the FTX group a year ago.
Solana Is Down 15% Since Hitting a 14-Month High. Is the Rally Over?
The token is up more than four-fold in 2023 after starting the year at around $10.
Crypto for Advisors: Opinion: Direct Crypto Ownership Is Best
In this week’s issue of Crypto for Advisors, learn why direct ownership of crypto may be in the best interest of the client.
Bitcoin Put Options, Which Offer Downside Protection, Look Unusually Cheap. Will the Situation Last?
Historically, puts have seldom traded at cheaper valuations for a prolonged period.
Why Momentum Trading Works In Crypto
Crypto markets have specific characteristics that align with a strategy of riding momentum in price movements, says Todd Groth, head of research at CoinDesk Indices.
Bitcoin Could Go Crazy Above $36K, Options Data Suggests
Bitcoin options dealers or market makers are likely to trade in the direction of the market above $36,000, accelerating price gains.
DeFi Market Recovers From 30-Month Low as Volume Hits Highest Point Since March
Total value locked across DeFi protocols has risen from $35.8 billion to $42 billion in two weeks.
Bitcoin and Ether Options Activity Soars to Historic Highs of $20B Amid ETF Hype
Options worth $4.5 billion are set to expire on Friday, Deribit told CoinDesk.