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Crypto Market Outlook: What Investors Need to Know for Future Trends and Opportunities in 2023
Today marks a significant event in the cryptocurrency world, as Bitcoin options worth over $14 billion have expired, marking one of the largest expirations in history. This massive expiry, which represents 70% of Bitcoin’s total open interest, could lead to increased volatility in the Market. Currently, the put/call ratio indicates a bullish sentiment among traders,…
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Crypto Market Outlook: What Investors Need to Know for Future Trends and Opportunities in 2023
Today, the cryptocurrency Market is bracing for significant volatility after the largest Bitcoin options expiry in history, with over $14 billion in contracts ending. This expiry accounted for 70% of the total open interest for Bitcoin options, according to Deribit, a major cryptocurrency derivatives exchange. High open interest typically indicates active participation in the Market.…
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Brooklyn DA Targets Crypto Scams Affecting Russian Community: Protect Yourself From Fraud Risks
The Brooklyn District Attorney’s Office is actively fighting cryptocurrency scams, particularly aiming to protect the Russian-speaking community in Brooklyn. After identifying over 1,200 victims, the office dismantled a fraudulent network by seizing mail servers from scammers, which led to alerts being sent to individuals potentially affected. Many victims were tricked into investing through deceptive ads…
