Crypto market faces turbulence amid $2.6 Billion BTC and ETH Options Expiry
The cryptocurrency market experienced heightened volatility on December 20, 2024, as options contracts for Bitcoin (BTC) and Ethereum (ETH) worth a staggering $2.6 billion expired. The event was closely monitored by investors and analysts, given its potential to trigger significant…
Ethereum Hits Milestone with Over 100 Whales Now Hold 57% of Total Ether Supply
Key Points: Whale Wallets Dominate Ethereum Supply Ethereum whale wallets now account for 57% of all Ether in circulation, according to on-chain analytics platform Santiment. In a December 16 post, the platform reported that 104 wallets holding over 100,000 ETH…
Ethereum is almost at $4000, but could it hit it’s all time high to be at $5000?
Key take aways: Ethereum’s on-chain coin flows show that whales are exerting significant buying pressure on exchanges. With seven days in a row, Ethereum ETF inflows reached their highest level since launch. When ETF inflows are robust, Ethereum whales drive…
ZA Bank, Hong Kong’s largest digital bank to launch crypto trading
The biggest virtual bank in Hong Kong, ZA Bank, has introduced a new service that lets regular people purchase and sell Bitcoin and Ethereum with fiat money. Residents of Hong Kong must have an account with the bank and complete…
