Bitcoin

“The seven-day option skew is about -8 points, while BTC is only -4 points, despite the overall at-the-month implied volatility spread between ETH and BTC being rather close,” Magadini wrote in a message to CoinDesk. “For those looking to buy volatility, this means the short-term ETH calls are very cheap compared with similar BTC calls.” Source link

The cryptocurrency market rally that began on April 1 ran into tough resistance on April 4, sparking a market-wide pullback during the afternoon session after exhausted bulls were overwhelmed by bears who managed to push Bitcoin (BTC) below $45,200.  Data from Cointelegraph Markets Pro and TradingView shows that once the afternoon sell-off broke below support at $46,000, the price of BTC hit a daily low of $45,133 before buyers emerged to bid it back above $45,700. BTC/USDT 1-day chart…. Source link

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

In traditional markets, the dollar index, which tracks the greenback’s value against major fiat currencies, rose for the third straight day as hawkish Federal Reserve (Fed) expectations, elevated crude prices and recession fears kept the world’s reserve currency in demand. Source link

Bitcoin has traded between $30,000 and $50,000 from the start of 2022 to date. During that time, the mining industry has grown by leaps and bounds, as evidenced by steadily increasing difficulty and well over 200 exahashes (EH) of total computing power. But regardless of price and other metrics, new blocks and their rewards keep coming at a pace of roughly 900 new bitcoin mined per day with the current 6.25 BTC subsidy per block. So, what are miners doing with their coins amid choppy price… Source link

Text size A rally more than a week ago lifted bitcoin prices above the key $45,000 level. Dreamstime … Source link

Bitcoin (BTC) starts a new week and a new quarter as if it were starting the new year — at just over $46,000. In what will seem like some serious deja-vu for hodlers, BTC/USD is at practically the same level it was on January 1, 2022. Price action has been quiet — too quiet, perhaps — in recent days, but behind the declining volatility, there are signs that the market is busy deciding its future direction. From macro to on-chain, there are in fact plenty of cues to keep an eye on in April… Source link

This post was first published on Medium. Read Delegation in Bitcoin. We introduce a simple yet universal delegation mechanism, an alternative to the script-level delegation we have developed. Transaction-Level Delegation Let us say Alice wants to delegate her UTXO to Bob. She creates a transaction of two inputs: one spending her UTXO and the other spending Bob’s UTXO. She signs her input using sighash flag SIGHASH_NONE, meaning all outputs of the transaction can be malleated. She… Source link

The man claiming to be Satoshi Nakamoto, the creator of bitcoin, said in a recent interview that he does indeed plan to sell his huge stash of the digital coins at some point, a report says. Craig Wright, who says he is the creator of bitcoin, has a supply of around 1.1 million bitcoins, which has spurred fears that if he sold most of it, it would crash the market. Those fears were originally a reaction to a post Wright made in May 2020, when he said he was planning to sell his bitcoin. He… Source link

Bitcoin (BTC) price swings might be impossible to predict, but there is a strategy frequently used by pro traders that yields high returns with minimal cost. Typically, retail traders rely on leveraged futures positions which are highly susceptible to forced liquidations. However, trading Bitcoin options provide excellent opportunities for investors aiming to maximize gains while limiting their losses. Using multiple call (buy) options can create a strategy capable of returns six times higher… Source link