How Will $1.2 Billion Options Expiration Affect the Bitcoin (BTC) Price?

18,000 BTC contracts and 270,000 ETH contracts will expire soon. The total value of the expiring options exceeds $2 billion. Options traders’ sentiment turns bearish amid a drop below $70,000. A host of Bitcoin (BTC) and Ethereum (ETH) options expire today. Let’s find out how this will affect the price of the underlying assets. Cryptocurrency […]

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Binance Executive’s Nigerian Tax Evasion Case Postponed, Hearing Set for April 19

Tigran Gambaryan has been detained in Nigeria since March, after coming to respond to concerns over alleged manipulation of the naira by Binance. In a recent development, the case of a Binance executive detained in Nigeria on tax evasion charges was adjourned until April 19, following his first court appearance. Tigran Gambaryan, head of financial […]

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Nearly $739.7 Million in Cryptocurrencies Hacked in the First Quarter of 2024

In the first quarter of 2024, $739.7 million in crypto was stolen due to the costliest security threats, code vulnerabilities, and access control breaches. Cyvers has developed AI-based security solutions for real-time detection, with an emphasis on improving security and taking proactive measures in the Web3 ecosystem. Regulators are pushing for digital asset rules to […]

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Millionaire Steve Cohen Admits He Has Investments in Bitcoin

The businessman expresses that for now he does not have any type of strong opinion about digital assets such as cryptocurrencies. The American billionaire Steve Cohen is one of the most recent additions to the select group of giants who have investments in Bitcoin. Although he recognizes that his possessions in the currency are small, […]

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Binance Denies Decision-Making Power of Executive Detained in Nigeria Amid Growing Allegations

As the Nigerian government files additional charges against Binance, the exchange is scrambling to engage with local regulators. Binance, one of the largest cryptocurrency exchanges in the world, is embroiled in a complex situation in Nigeria, where it has been actively working with the authorities since local regulators blamed the cryptocurrency exchange for contributing to […]

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