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Ether options’ implied volatility remains elevated, analysts say
Ether options’ implied volatility remains elevated, analysts say

Uncertainty around the future price of ether has kept its options implied volatility elevated, according to analysts.Bitcoin’s implied volatility has seen a substantial reduction, indicating a trend toward stability in the bitcoin market.

The Block·2024/05/07 11:16
South Korea’s winning party moves toward bitcoin ETF promise: report
South Korea’s winning party moves toward bitcoin ETF promise: report

South Korea’s opposition Democratic Party plans to move forward in its election pledge to make spot crypto funds accessible in the country.Local financial regulators currently see no legal basis for the local issuance and trade of spot crypto ETFs.

The Block·2024/05/07 09:46
Crypto Markets Lost $60 Billion as Bitcoin (BTC) Dropped by $3K (Market Watch)
Crypto Markets Lost $60 Billion as Bitcoin (BTC) Dropped by $3K (Market Watch)

The total crypto market cap is down below $2.5 trillion once more.

Cryptopotato·2024/05/07 09:40
Bitcoin trader flags key levels as BTC price attacks $64K liquidity
Bitcoin trader flags key levels as BTC price attacks $64K liquidity

BTC price eats away at positions as Bitcoin bulls attempt to carve a path higher.

Cointelegraph·2024/05/07 09:34
LayerZero Labs CEO confirms employees are forbidden from claiming upcoming airdrop
LayerZero Labs CEO confirms employees are forbidden from claiming upcoming airdrop

The CEO of LayerZero Labs confirmed that employees are ineligible to claim the project’s upcoming airdrop. LayerZero Labs completed the initial snapshot for its token airdrop on May 1.

The Block·2024/05/07 07:52
Hong Kong’s spot bitcoin ETFs see first outflows, solely from ChinaAMC
Hong Kong’s spot bitcoin ETFs see first outflows, solely from ChinaAMC

ChinaAMC’s spot bitcoin exchange-traded fund saw 75.36 BTC leave the product on Monday.The other two ETFs recorded zero inflows.

The Block·2024/05/07 07:23
Flash
19:23
The annual total dividend payout of the three largest Japanese megabanks is set to surpass 2 trillion yen for the first time.
Recently, the overall profitability of the Japanese banking industry has improved. In addition to the steady growth in income from lending operations, the increase in net interest margins arising from changes in the interest rate environment has also become a key driver for performance enhancement. The record-high total dividend payout this time directly reflects the positive business conditions of the sector.
19:23
The total annual dividends of Japan's three mega-banks are set to surpass 2 trillion yen for the first time.
As the core pillars of Japan's financial industry, these three giant banks have achieved a record-high dividend scale, which also indirectly reflects the recent positive overall operating trend for Japan's banking sector, with profitability showing a notable improvement.
19:19
Rebecca Rettig and Renato Mariotti discuss Gary Gensler’s involvement in prediction market litigation
Rebecca Rettig and Renato Mariotti discuss Gary Gensler's renewed involvement in the prediction market lawsuit and its impact on innovation. (CoinDesk)
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