Ether (ETH) paved the way for lower transaction costs with the Berlin upgrade on April 15. However, traders already know that the Ethereum Improvement Proposal 1559 is the most anticipated and controversial change scheduled for the upcoming London hard fork.The EIP introduces a base fee that will be burned when a transaction occurs, while miners receive a tip for validating … [Read more...] about Ethereum bulls hedge their bets ahead of next week’s $250M ETH options expiry
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$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
Ethereum season? ETH options traders are placing big bets for June
The price of Ether (ETH) is continuing to rally, reaching $2,000 on Friday on the back of strong technical momentum following a high-profile announcement from Visa.As Cointelegraph previously reported on Sunday, Visa will allow its partners to use USD Coin (USDC) on the Ethereum blockchain network to settle transactions.ETH futures total open interest. Source: Bybt.comSince … [Read more...] about Ethereum season? ETH options traders are placing big bets for June
Bullish traders cast low-risk Ethereum options bets with this clever strategy
Ether (ETH) has been making higher lows throughout 2021, and the current trend indicates that $1,800 might be the bottom for April. Even traders and investors who do not rely on technicals have become optimists after Visa initiated a pilot to settle transactions in USD Coin (USDC) through the Ethereum network.Ether price in USD at Coinbase. Source: TradingViewGiven that Ether's … [Read more...] about Bullish traders cast low-risk Ethereum options bets with this clever strategy
Bitcoin price falls to $50K, but $6B options expiry can refuel bulls
The biggest-ever Bitcoin options expiry is due on March 26. Over $6 billion worth of Bitcoin (BTC) options will expire across exchanges on Friday, with a majority of these options being on Deribit. This will be a record expiry in terms of the value and number of options — a total of 100,400 Bitcoin options will expire. The previous record was set in January when nearly $4 … [Read more...] about Bitcoin price falls to $50K, but $6B options expiry can refuel bulls