Bitcoin’s six-month put-call skew, which measures the cost of puts – or bearish bets – relative to calls (bullish bets), has turned positive for the first time since the crash in May, indicating heightened concerns of an extended downside move. Source link … [Read more...] about Bitcoin’s 6-Month ‘Put-Call Skew’ Flips Bearish for First Time Since May
Flips
Ethereum supply flips briefly into deflation as gas fees spike
The theoretical deflationary properties of Ethereum’s London upgrade last week have already been seen in action on the blockchain with almost 800 "deflationary blocks" produced.A spike in the Ethereum transaction fee burn rate has resulted in at least two hours when the supply was deflationary. The network has come under heavy load over the past couple of days which has … [Read more...] about Ethereum supply flips briefly into deflation as gas fees spike
Uniswap flips Bitcoin on daily revenue… and it’s more impressive than you think
Uniswap has surpassed Bitcoin in terms of daily fee generation for two days in a row.The fee flippening was observed by crypto industry blogger Evan Van Ness citing figures from CryptoFees, a website that compares the daily fees generated by the top blockchain networks.Uniswap has fully flipped #Bitcoin in feesWouldn't surprise me if market caps were 1) $ETH2) $UNI3) $BTCin the … [Read more...] about Uniswap flips Bitcoin on daily revenue… and it’s more impressive than you think
VeChain on TV, DOGE flips BTC, Hotbit hack, blockchain dev $$$ …
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Will DOGEmania ever stop?Dogecoin has officially flipped Bitcoin in a few categories here in China, with DOGE trading volume on leading Chinese … [Read more...] about VeChain on TV, DOGE flips BTC, Hotbit hack, blockchain dev $$$ …
$161M Ethereum options expiry tilts toward bulls as ETH flips $2K to support
With no short-term solution in sight for the surging network fees, some investors are afraid that Ether (ETH) price could face a correction. The EIP-1559 proposal is set to be bundled with the impending London upgrade, and this will change the gas fee structure, but traders are left to deal with high fees until then.The flexible block size proposal aims for a more predictable … [Read more...] about $161M Ethereum options expiry tilts toward bulls as ETH flips $2K to support