Crypto Observers Decode Large Block Trade in Ether Options
Debate rages on whether the large ether options flow witnessed on Tuesday represents a bet on return of volatility or a rollover of a "covered call" strategy. Original Source
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Large Immersion Cooled Crypto Mining Farms to Extract Bitcoin in Middle East Desert – Mining Bitcoin News
A project to build two large-scale facilities for cryptocurrency mining is underway in the United Arab Emirates (UAE). The high-tech data centers will rely on a full immersion solution to cool the power-hungry miners as the desert climate renders air-cooled mining infeasible, participants said. Advanced Crypto Mining Facilities in Abu Dhabi
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EU Could Veto Large Stablecoins During Approval Process Under MiCA, EBA Signals
In answer to a further question from former U.S. Commodity Futures Trading Commission Chairman Timothy Massad, Campa also appeared to share concerns voiced by the U.S. central bank, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency that stablecoins on decentralized, permissionless blockchains could prove unsafe or
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Crypto Stocks Post Large Losses as Bitcoin Price Slides towards $28K
Bitcoin miners were hardest hit on Thursday. Source
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Blockdaemon Sets Sights on Large Institutions With New Wallet App
“Self-custody has become more important not just for individuals, but also for our customer base, which is institutions,” Blockdaemon CEO Konstantin Richter told CoinDesk. “We saw a sort of blatant gap in the market, which is that larger institutions really want to control keys and assets, and they also want
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Large Bitcoin Investor Sent $330M of BTC to Exchange Before Price Dropped Below $30K: Blockchain Data
Blockchain transactions show that the wallet had been accumulating BTC between June 2022 and January 2023 at an average price of $20,083, per data by Bitinfocharts, a website that tracks the on-chain behavior of largest bitcoin holders. Until mid-March, the wallet was the 14th largest BTC holder controlling more than
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BRICS Nations ‘Coalescing Against the Dollar,’ Major Banks Predict More Fed Hikes, Bitcoin Records Large Blocks as Ordinals Gain Currency – The Weekly Bitcoin News
In spite of turbulence in traditional global finance, with BRICS nations said to be pushing for de-dollarization and major banks like Bank of America and Goldman Sachs predicting further interest rate hikes from the U.S. Federal Reserve, creativity in crypto has found a new boon in the form of controversial
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Hong Kong Releases Consultation Paper as It Is Ready to Allow Trading of Large Crypto Coins
The introduction of the consultation paper, which is open until March 31, is the next major show of good faith for the regulator, and industry experts are keeping a close eye on the events moving forward. The Hong Kong Securities and Futures Commission (SFC) has released a consultation paper that
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Kraken Action Not a Condemnation of ‘Staking Writ Large’
The Securities and Exchange Commission’s (SEC) shutdown of crypto exchange Kraken’s U.S. staking-as-a-service business may certainly lead to a wider industry crackdown. However, “this is not a condemnation of staking writ large,” said Zachary Fallon, a former special adviser to the regulator’s general counsel and previously senior special counsel to
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FTX Debtors’ List of Assets Omits Mention of Large Stash of NFTs and ENS Names Owned by Alameda – Bitcoin News
This week, FTX debtors issued a press release and a 20-page document noting that bankruptcy administrators had located $5.5 billion in liquid assets. The document details that investigators discovered fiat currencies, crypto assets, and securities as part of FTX’s and Alameda Research’s cache. However, the disclosure to unsecured creditors does
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