Ethereum News by Thebittimes.Com

Bitcoin derivatives market just set another record.  Options open interest has soared to $48.85 billion, the highest level ever recorded, according to CoinGlass data from May 26. With Bitcoin trading at $109,700, traders are placing outsized bets, including growing interest in $300,000 strike call options set to expire on June 27. Bitcoin options open interest. Source: CoinGlass The surge in open interest shows a deepening layer of speculative and institutional activity now concentrated in the options market. Notably, this all-time high eclipses anything seen during prior bull cycles, underlining just how far the market has evolved. At the top of the leaderboard is Deribit, accounting for a staggering $36.02 billion of open interest. CME follows with $4.73 billion, then OKX at $3.46 billion, Binance with $1.48 billion, and Bybit at just under $1 billion. The dominance of Deribit reaffirms its role as the go-to venue for sophisticated Bitcoin options strategies. ...

Over the last several years, the tech sector has been the darling of Wall Street. Although tariffs and geopolitical tensions have been a prevalent reality of investment in 2025, that hasn’t overtaken that fact. Subsequently, it has propelled Nvidia (NVDA) stock to a 40% jump this month, leaving many to ponder what could be next for the stock. The AI technology stalwart had been one of the biggest winners of 2024. Surging more than 174% over that year, it hasn’t quite lived up to those lofty expectations when the calendar turned. However, that is not denying that the stock should be set to be one of the biggest performers of Q2 and beyond. Source: Reuters / Brendan McDermid Also Read: Nvidia (NVDA): Can It Reclaim Its Spot as World’s Most Valuable in 2025? Nvidia Gets Back on Track, But What Comes After Its 40% Monthly Gains? After the S&P 500 broke a six-day gaining streak, the US stock market looks to be dropping yet again. Indeed, the Dow Jones Industrial Index fell 3...

The cryptocurrency market has been on a downtrend for a while now. Despite its notable start to the year, several assets were seen drowning in losses. Amidst this, Pi Coin (PI) made its debut and shook the market. While it made a rather strong entry, it failed to keep up. The altcoin has been recording a string of all-time lows throughout the past few days. During the past month alone, PI dipped by nearly 60%. While the sentiment around this asset is currently bleak, the community is hoping to record big changes sooner than later. Also Read: Pi Network Eyes $3 as Price Rebounds 28% Amid Token Unlock Buzz Is Pi Coin Starting Its Recovery Phase Soon? Source: CryptoSlate Pi Coin was seen mirroring the sentiment of the rest of the market and declining. At the time of writing, the asset was trading at $0.5668, with a 2.33% drop over the past 24 hours. PI had a rather difficult weekend as it experienced increased volatility during that period. Source: CoinMarketCap The fairly new cryptocurre...

The US stock market has suffered a great deal since the start of the year. Volatility has been the prevailing theme, as a host of companies have struggled to build off of rather impressive 2024 performances. Chief among them may be Nvidia (NVDA), which has seen its ongoing sell-off push the stock down 27%, with traders now pondering whats next for the stock. The AI chipmaker had been one of the big winners of last year, jumping more than 170%. Indeed, surging demand for artificial intelligence led many to bet big on its development. However, that halted when the calendar turned. For a myriad of reasons, its momentum has stagnated, but could it be set to return? Source: CNBC Also Read: Nvidia (NVDA): Jim Cramer Calls Stock ‘Indespensible’ Amid 101% Upside Nvidia Sell-Off Drives Stock from 2025 High: Can It Rebound? Early Friday morning, Nvidia saw its shares jump 1.4% in what was a deviation from an ongoing trend. That increase was a reversal from an ongoing sell-off that greatly affect...

Many people might have assumed that the crypto bear market is something that started in February. However, a review of the charts reveals a longer history of sobering statistics. In fact, altcoins have been on the decline since December 8 . Evidence of a bear market is everywhere this week. CoinMarketCap’s Fear and Greed index is at a decisively bearish 26, while other indices, such as crypto market sentiment and “Altcoin Season” sit at similarly dismal 27 and 24 levels, respectively. Not only that, on Tuesday, spot bitcoin (BTC) ETFs experienced their worst single day of outflows in history. Rewind to January, however, and barely anyone predicted such a downturn. Indeed, the market capitalization of crypto assets in general remained within 3% of its all-time high during Donald Trump’s January 20, 2025 inauguration. However, a closer look at this apparent resilience reveals that BTC did most of the heavy lifting, marking its all-time high near $108,800 o...

Shiba Inu (SHIB) is currently sitting at $0.00001557, up 16% in the last 24 hours. While Bitcoin continues to portray volatility, SHIB is currently holding its position strong, displaying a stable price stance. In the middle of Kusama taking on a new global ambassador role, SHIB is aiming to collaborate on new projects in order to establish a robust price outlook. Also Read: Trump Deports Illegal Indian Immigrants, Spends $4,675 Per Person Shiba Inu: Should You Buy The Dip? Expert Says Yes Source: Watcher Guru Monday turned out to be brutal for the cryptocurrency domain as rising trade war narratives gained steam, ending up pushing BTC to hit $93K. In the midst of it, Shiba Inu also lost its footing and is currently sitting at 0.00001557 at press time. While the development has sparked a widespread frenzy in the cryptocurrency realm, several price analysts are considering this a novel opportunity to scoop up the lucrative price dips. Per a notable price analyst, Thom Sieloff now is the...

The very volatile cryptocurrency was once again seen basking in green. Several assets were recovering from the recent correction that hit the market. Ripple’s XRP caught on to this trend and did not miss out on the gains. While the asset has emerged as one of the best-performing cryptocurrencies of 2024, the community is hoping it would carry this trend into 2025. This meant moving beyond the $4 mark and reaching as high as $5 in the next couple of months. But does XRP have enough momentum? Also Read: VeChain VET Gains as $0.05 Solidifies: Can it Jump Another 29%? Looking Back At XRP’s Growth Source: Skilling.com Throughout the past 12 months, Ripple’s XRP surged by a staggering 486%. The asset went from trading at a low of $0.3911 all the way to a high of $3.39. At the time of writing, the cryptocurrency was priced at $3.17 with a 3.60% rise over the past 24 hours. Despite its notable uptick, the asset remains well below its all-time high of $3.84. Source: CoinMarketC...

Dogecoin (DOGE) has been emerging as the talk of the town. Sadly, the OG meme coin was in the news for its recent plummet. DOGE recorded a major drop contrary to the expectations set by the community following Donald Trump’s inauguration. While several linked this downfall to the exit of Vivek Ramaswamy from the Department of Government Efficiency (D.O.G.E), a few others saw this as a minor correction. As the market remains cautious, Dogecoin continues to exhibit volatility. Also Read: Utah Bill Proposes 10% State Funds In Bitcoin And Stablecoins Dogecoin Records Massive Downfall At the time of writing, the OG meme coin was trading at $0.3885 following a 5.48% uptick throughout the last 24 hours. Dogecoin has certainly been the most volatile cryptocurrency over the past day. The asset went from trading at $0.379 down to a low of $0.3359 and has again surged to $0.3995. Source: CoinMarketCap It looks like the pressure on Dogecoin caused by Ramaswamy’s exit was easing as the a...

In 2024, meme coins weren’t just a passing joke—they were at the heart of the crypto narrative, capturing 30.67% of global investor interest. From Dogecoin to a whole new world of animal- and personality-themed coins, the meme coin market has expanded far beyond its humble beginnings. The narrative has shifted, and it’s clear: speculative investments are thriving, with investors looking for the next big thing that blends humor, community, and market potential. Best Meme Coins to Invest In Now As we move into 2025, the big question on everyone’s mind is: which meme coins should you be watching? With a market that has expanded beyond its humble origins, it’s no longer just about the memes—it’s about the underlying projects, community support, and innovation. Whether you’re new to the game or looking to add to your portfolio, the meme coin space offers a wealth of opportunity. In this article, we’ll break down the best meme coins to i...

The final days of a year are usually strong across the markets as lower volatility makes the impact of individual trades greater and as the holiday cheer lifts the spirits of investors. In 2024, however, the so-called ‘Santa Claus rally’ was truly spoiled by December 30, as both the stock and cryptocurrency markets experienced a substantial downturn. The crypto market, in particular, proved bloody as the cumulative valuation of digital assets collapsed approximately $200 billion from $3.36 trillion at the start of December 25 to $3.15 billion at press time, per TradingView data. Picks for you Will XRP price crash below $2 after erasing $6 billion in hours 2 mins ago Shiba Inu (SHIB) eyes 100% rally: Key levels to watch for long-term breako...